Kidnapping of Bitcoin Exchange Executive Showed Importance of Financial Privacy
UK-based Bitcoin exchange operator abducted in Ukraine, pays $1 mln ransom in Bitcoin for his freedom #ANALYSIS Go to Source Powered by WPeMatico
Bitcoin exchange
Auto Added by WPeMatico
Korean Exchange Youbit May Avert Bankruptcy – Members Have 3 Options
South Korean exchange Youbit filed bankruptcy last week but has now come up with additional options to pay back its members. The exchange is asking them to vote between three options. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Youbit’s Bankruptcy Filing Youbit exchange’s operator Yaffian filed bankruptcy on December … Read more
Japan Approves New Bitcoin Exchange as Adoption Grows and Peers Expand Overseas
The Japanese financial regulator has approved one more cryptocurrency exchange, making it the 16th exchange to be licensed. As competition intensifies, some local exchanges are branching abroad in search for more volume and liquidity. Meanwhile, more merchants are embracing bitcoin. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Another Bitcoin … Read more
South Korea Outlines New Attempts to Dampen Crypto Markets
The government of South Korea held a meeting on Thursday to discuss measures to deal with the growing trend of cryptocurrency speculation. The regulators clarified the clampdown on virtual accounts as well as other measures to end anonymity. In addition, the Ministry of Justice suggested an even more extreme measure. Also read: Russian Regulators Draft Law … Read more
Indian Entrepreneurs Rush to Launch Crypto Companies Following Bitcoin Boom
Despite the government ramping up regulatory measures for bitcoin traders and exchanges, Indian entrepreneurs are rushing to set up companies with bitcoin or cryptocurrency-related words in their names. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions Capitalizing on Crypto Indian entrepreneurs have been rushing to register businesses with the … Read more
Major Korean Banks Drop Bitcoin Point Swap Services
South Korean banks are further distancing themselves from bitcoin following the government’s ”emergency” regulation which bans them from direct involvement in cryptocurrency-related activities. Shinhan Bank and KB Kookmin Bank have announced that they are discontinuing their points for bitcoin exchange services in January. Also read: South Korea Clarifies Position After Reports of Possible Ban on All … Read more
South Korean Prosecutor Fights to Confiscate Bitcoins from Criminal Proceeds
South Korean authorities are divided whether bitcoins from criminal proceeds should be confiscated. In a criminal case involving 216 bitcoins, the court previously ruled that the digital currency cannot be confiscated. However, the prosecutor is now appealing to the court to overturn that decision and allow the forfeiture of the bitcoins, now worth billions of … Read more
Hit BTC Introduces Deposit Charges to Deal With High Bitcoin Fees
The cryptocurrency exchange Hit BTC has notified its clients that they need to pay a new fee to deposit bitcoin into the platform. This move might be replicated by more exchanges in time as they try to find ways to cope with the high fees on the network other than not accepting new clients or … Read more
Belarus Legalizes Cryptocurrencies and ICOs – Tax-Free for Five Years
The president of Belarus, Alexander Lukashenko, has signed a decree which legalizes cryptocurrencies, initial coin offerings (ICOs), and smart contracts. All crypto transactions and related income, including from mining, will be tax-free for the next five years. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions Legalizing Crypto Transactions and … Read more
Japanese Entertainment Giant DMM Unveils Details of Crypto Exchange to Launch Next Month
Japanese entertainment conglomerate DMM Group, the operator of popular e-commerce site DMM.com with 27 million members, is preparing to launch a cryptocurrency exchange. 7 cryptocurrencies, 14 trading pairs, and margin trading will be offered. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions DMM’s Crypto Exchange Opening January Japanese e-commerce … Read more
