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From Israel to Australia, commercial banks in various parts of the world have tried preventing people from entering the cryptocurrency market by blocking money transfers to bitcoin exchanges. Now the largest consumer association in Portugal has called out a local bank for trying to do the same. Also Read: U.S. Rating Agency to Issue Bitcoin … Read more
Bitcoin exchanges are under fire in India, as many of the nations top banks have suspended or greatly curtailed functionality on exchange accounts. #NEWS Go to Source Powered by WPeMatico
South Korean banks have been providing virtual account services to cryptocurrency exchanges and earning commissions from them. According to data obtained by the country’s Financial Supervisory Service, banks made 36 times more in commission income from crypto exchanges last year than the previous year. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto … Read more
Despite repeated government warnings against crypto investing, a sizable majority of Indians feel optimistic about the future of cryptocurrencies. Just as many Indians, as Americans, 7%, admit they own bitcoin or an altcoin, according to a survey that covered 6 countries, including major markets. Indians are more optimistic, however – 68% believe that most people will … Read more
New cryptocurrency exchanges are rushing to launch in South Korea despite regulatory uncertainty due to high demand and lucrative business models. Ten crypto platforms are expected to open for business in the first half of this year, including two run by Kosdaq-listed companies. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on … Read more
The Chinese government is looking to extend the scope of its cryptocurrency exchange ban in response to a trading “uptick.” #NEWS Go to Source Powered by WPeMatico
The Russian Ministry of Finance has drafted a bill to legalize the trading of cryptocurrencies on approved exchanges. #NEWS Go to Source Powered by WPeMatico
Japanese e-commerce giant DMM Group just launched the country’s latest cryptocurrency exchange #NEWS Go to Source Powered by WPeMatico
The South Korean regulators have started investigating two major cryptocurrency exchanges. The country’s National Tax Service has conducted an on-site investigation of Bithumb and Coinone. In addition, Coinone is also being investigated by the Korean police for allegedly offering illegal gambling services to investors. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate … Read more
Japan has become a bit of a haven in the East for Bitcoin with its receptive approach to the digital currency. #ADOPTION Go to Source Powered by WPeMatico
