COSS Suddenly Suspends all Functionality for 3 to 4 Weeks

When exchanges freeze withdrawals and trading, there is a genuine cause for concern. If that unavailability lasts for several weeks, something is often amiss. In the case of COSS, everything is going just according to plan.  Strange Behavior by COSS Earlier today, the exchange suddenly became virtually useless. In the email, it was confirmed that … Read more

Coinbase Works Just Fine in Germany Despite not Openly Supporting the Region

Germany is widely considered to be a crucial region for cryptocurrencies. Unfortunately, local regulation makes it an unappealing country for crypto service providers. For years now, a rumor has persisted as to how Coinbase is not accessible in Germany. Time to end the Coinbase in Germany FUD The truth is often very different, as this … Read more

Problems Escalate in Venezuela as Millions Rush to Spend Petros

According to the Venezuelan government, millions of families have used the petro, the country’s national digital currency, to pay for goods and services. As shoppers rush to spend their coins, merchants are reportedly struggling, effectively forced to sell goods at a deep discount. At least one merchant is said to have been arrested. Also read: … Read more

Turkey Prepares to Increase Oversight in the Crypto Space

Turkish authorities, alarmed by the spread of cryptocurrencies in the country, are reportedly ramping up efforts to introduce greater oversight into the sector. Local media revealed that regulators are under pressure to increase supervision in 2020 because of the growing popularity of decentralized crypto assets among Turks. Also read: Uzbekistan Bans Citizens From Buying Crypto, … Read more

33,000 Companies in China Claim to Use Blockchain Technology

China now has more than 33,000 registered companies claiming to use blockchain technology in their businesses, according to the country’s Center for Information and Industry Development. The information was released at a recent blockchain conference hosted by a Chinese municipal government and several state-backed research institutes. Also read: Regs Roundup – China Blockchain ETF, New … Read more