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Japanese exchange Coincheck has confirmed that it is delisting three privacy coins: monero, dash, and zcash. Augur’s reputation token will also be delisted next month. The exchange made this decision after receiving a business improvement order from the country’s financial regulator following the NEM hack. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coincheck … Read more
Five writ petitions have now been filed against the order by the Reserve Bank of India (RBI) banning banks from providing services to entities dealing with cryptocurrencies. The country’s Supreme Court has set a date to hear all petitions but has barred all other courts from accepting any new ones. Also read: US State Issues Emergency … Read more
The South Korean government reportedly plans to soften its crypto regulations in line with the policies set by the G20 nations in an effort to create “unified regulations.” The Korean regulators have also agreed to apply the standards set by the Financial Action Task Force to its crypto policies. Also read: Yahoo! Japan Confirms Entrance Into … Read more
Cryptocurrencies can now be traded on the peer-to-peer online marketplace Openbazaar in addition to physical goods, digital goods, and services. Initially, 44 cryptocurrencies are supported but the development team plans to add more over time. There is no fee for trading cryptocurrencies and no need to register with any service. Also read: Yahoo! Japan Confirms Entrance … Read more
Thailand’s Revenue Department has announced that it will waive the 7% value-added tax for individual cryptocurrency investors. The country began regulating digital currencies and initial coin offerings on Monday, putting the Thai Securities and Exchange Commission (SEC) in charge of the regulations. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space VAT Exemption The decree … Read more
Social trading platform Etoro is expanding into the US. Pre-registration has already begun. Initially, 10 cryptocurrencies will be offered, but the company plans to add more throughout the year. The company’s crypto business has boomed in recent years, with 70% of its users reportedly trading cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more
Japanese internet giant GMO has updated its plans to manufacture and sell its 7nm bitcoin mining chips as well as for its own mining operations. Interested customers will soon be able to reserve some of these chips. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space GMO Readies 7nm Mining Chips Japanese conglomerate GMO Internet … Read more
Since the South Korean prosecution started investigating Upbit, the country’s largest cryptocurrency exchange, more events have unfolded. While local media still discuss allegations and raise questions about Upbit’s business practice, some people believe that Upbit is already in the clear. The investigation continues. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space The Allegations Local … Read more
A US federal court has indicted three founders of a company purported to offer cryptocurrency-related financial products and have raised $25 million in an initial coin offering. In addition to claiming to have licenses in 38 states, the company also claimed partnerships with Bancorp, Visa, and Mastercard to issue its own cards. Also read: Yahoo! Japan … Read more
Arrest warrants have reportedly been issued to three employees of a small South Korean cryptocurrency exchange, including its representative director. The three are “suspected [of] fraud and embezzlement,” according to local media. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Arrest Warrants for Crypto Exchange’s Employees On Monday, local media reported that arrest warrants … Read more
