Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks

Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use. The legalization of cryptocurrencies remains a priority in Kiev as the government has indicated its clear understanding that the benefits … Read more

European AML Directive Pushes Crypto Startup Bottle Pay Out of Business

Bottle Pay, a cryptocurrency payments provider from the U.K., has announced its decision to cease operations by the end of the year. Despite attracting some serious funding and expanding its user base significantly in the past few months, the company has found it unacceptable to continue to work under the upcoming EU regulations. AMLD5, the … Read more

Fund Providers Insist There’s Enough Market Liquidity for a Bitcoin ETF

For years, bitcoin exchange traded funds (ETFs) have been struggling to get off the ground and receive approval from the U.S. Securities and Exchange Commission (SEC). Passive fund providers are now arguing there is sufficient market liquidity for a bitcoin ETF to be launched in 2019.  Also read: SEC Wants Second Look at Nine Bitcoin ETFs … Read more

Buying and Selling Property With Bitcoin Is More Complex Than It May Seem

Buying and selling property using cryptocurrency is less straightforward than was first assumed. The handful of mortgage lenders and realtors who were initially keen are now reluctant to accept crypto deposits due to money laundering fears. Until there is greater clarity concerning crypto regulation, due diligence procedures and taxation, potential participants are opting to wait … Read more

PR: Access Sold out ICO’s Through Vertex Aftermarket

With the growing interest by investors in getting on board with cryptocurrency, often the most effective and popular tokens sell out quickly leaving many disappointed in the lack of access to these top tokens, or even if tokens are only offered on private sale to which the investor has no access. That would mean they … Read more

Europe Introduces Customer Verification on Cryptocurrency Exchanges

The European Parliament has voted in favor of stricter regulations in the crypto sector. Crypto exchanges and wallet providers will be required to introduce customer due diligence procedures, including identity verification. The platforms will have to apply for registration in order to offer their services. The new measures come with the latest update of the … Read more

How an OTC Bitcoin Scammer Almost Stole $600 Million

OCT trading involves high value deals that can run into the hundreds of millions of dollars. Whales want privacy and zero slippage, which isn’t possible on a cryptocurrency exchange, while buyers want large quantities of bitcoins at below market rates. It’s an arrangement that suits both parties, but for it to work, trust is essential … Read more

Litecoin Foundation Apologizes for Not Doing Enough Due Diligence on Litepay

Failure of a project is a natural and common thing when investing in startup ventures, especially when it comes to cutting edge technologies such as cryptocurrency applications. Doing due diligence won’t prevent failed investments made in good faith, but it can make sure to weed out projects that will raise obvious red flags if vetted … Read more