Japan’s Largest Consumer Electronics Chain Trials Bitcoin Payments

Japan’s largest consumer electronics retailer Yamada Denki has partnered with the country’s largest cryptocurrency exchange Bitflyer to trial bitcoin payments. Initially, bitcoin will be accepted at two of Yamada Denki Labi stores in Tokyo, but the company plans to roll out the digital currency payment option nationwide in the future. Also read: Japan’s DMM Bitcoin Exchange … Read more

Bill Submitted to Make Cryptoruble Legal Tender in Russia

A bill has been submitted to the Russian parliament to make the country’s national “cryptocurrency,” the cryptoruble, legal tender in Russia. This bill was introduced as the finance ministry published a different bill for the regulation of cryptocurrencies and initial coin offerings in Russia. Also read: Russia Finalizes Federal Law on Cryptocurrency Regulation Cryptoruble as Legal Tender … Read more

Vietnam Imported More Mining Rigs in 3 Weeks This Month Than All of Last Year

The Ho Chi Minh City Customs Department has revealed that in the first 3 weeks of this month almost 8,000 mining rigs were imported into the city. This number exceeds the entire count of mining rigs imported into Vietnam last year. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations Nearly 8000 … Read more

South Korean National Pension Fund Indirectly Invests In Crypto Exchanges

The South Korean National Pension Fund has been indirectly investing billions of won in cryptocurrency exchanges such as Upbit, Bithumb, and Korbit. This was revealed amid the country’s regulators continually releasing regulatory measures for cryptocurrencies. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations Investments In Crypto Exchanges Amid South Korean regulators pushing … Read more

Russia Finalizes Federal Law on Cryptocurrency Regulation

The Russian government is in the process of finalizing the federal law for the regulation of cryptocurrencies and initial coin offerings. The draft law has now been officially published. It regulates the creation, issuance, storage, and circulation of cryptocurrencies. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Legal Crypto Definitions The … Read more

South Korean Prime Minister Imposes Crypto Code of Conduct on Government Officials

The South Korean prime minister has ordered a new code of conduct to be prepared and implemented specifically to address the actions of government employees regarding cryptocurrency regulations. This follows the recent case of possible insider trading which is being investigated. Also read: Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March … Read more

PR: GymCoin Announces First Fitness ICO That Allows Digital Currency to Be Accepted at Gyms Worldwide

GymCoin has positioned itself to change the landscape of the fitness industry by offering a global platform that will allow users to pay gyms, dance studios, personal trainers, supplement stores, and health apps using digital currency. This one of kind Pre-ICO Sale offers investors the chance to get in before the GymCoin token hits the … Read more

South Korea Releases Official Guidelines for Cryptocurrency Exchanges and Banks

The South Korean government has officially released two sets of previously promised guidelines that specify cryptocurrency regulatory measures. In addition to details of the new real-name system to end anonymous trading of cryptocurrencies, the government also published its anti-money laundering guidelines for banks providing services to cryptocurrency exchanges. Also read: Cryptocurrency Activities Will Be Legal and … Read more

South Korean Card Companies Block Transactions to Overseas Cryptocurrency Exchanges

South Korean card companies are reportedly working on blocking payments to overseas cryptocurrency exchanges. Currently, 20 major crypto exchanges are blocked but that number is expected to increase, according to the Korean Credit Finance Association. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations Blocking Payments Overseas South Korean card companies have … Read more