Cryptocurrencies

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Singapore to Extend Regulatory Mandate Regarding Cryptocurrencies

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The Deputy Prime Minister of Singapore has sought to clarify the nation’s stance on cryptocurrencies with regards to its money laundering laws. Speaking earlier this week, Mr. Tharman Shanmugaratnam emphasized that Singapore’s financial regulator will not distinguish between cryptocurrencies and fiat currencies. Also Read: Singapore to Extend Regulatory Mandate Regarding Cryptocurrencies Singapore’s Deputy Prime Minister Updates … Read more

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

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The Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized The Russian Deputy Finance Minister Alexei Moiseev told reporters that … Read more

Japan’s Most Popular Chat App In Talks to Integrate Cryptocurrencies

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Japan’s most popular chat app, with 168 million active monthly users, Line, could soon integrate cryptocurrencies. The company is reportedly in talks with a number of companies to integrate cryptocurrencies into its mobile payment service, Line Pay. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Line Could Soon … Read more

Markets Update: Cryptos Look for Relief After South Korea Mainstream Media FUD Causes Losses

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There’s been a lot of uncertainty stemming from the mainstream media’s portrayal of South Korea’s digital asset economy, and rumors of a trading ‘ban’ has triggered some significant cryptocurrency market volatility. The price of bitcoin took a tumble downwards yesterday evening to the $12,775 USD zone around 11 pm EDT, after it came close to … Read more