New Malaysian Cryptocurrency Regulation Come Into Effect

by

Last week, Malaysia’s new Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) policy guidelines specifically addressing cryptocurrencies came into effect. The new regulations compel Malaysian virtual currency exchanges to mandate KYC adherence, including the collection of ID documentation. Also Read: Two Indian Token Marketplaces Suspend Trading Due to Regulatory Pressure New Malaysian AML/CFT Guidelines for Cryptocurrencies … Read more

Major Pawnshop Network in Ukraine Launching Cryptocurrency-Secured Loans

by

A major network of pawn shops in Ukraine is launching a new lending service with loans secured by cryptocurrency. With over 300 branches, the pawnbroker plans to offer loans based on the type, amount, and price of crypto collaterals. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Pawn Shops Offer Crypto-Secured Loans Founded … Read more

Bittrex Blocks Residents of North Korea, Iran, Crimea, Syria, and Cuba

by

Concerns from Russian traders that they may be unable to access Bittrex once the exchange’s new terms of service come into effect this month appear to have been alleviated. Starting March 9th, the exchange will formally block residents of North Korea, Iran, the Crimean region, Syria, and Cuba from accessing its trading services. Also Read: The … Read more

Class Action Complaint Accuses Coinbase of ‘Insider Trading’

by

A class action lawsuit was filed against Coinbase this past Thursday on March 1 accusing the exchange of ‘insider trading’ for the bitcoin cash launch last December. The complaint filed by the plaintiff is demanding a jury trial for losses incurred on behalf of himself and the other customers involved. Also read: Markets Update: Crypto Markets … Read more

SEC Continues ICO Crackdown with Dozens of Subpoenas

by

The SEC is on an active quest to remove all illicit offerings from the cryptocurrency ecosystem. That is quite a steep challenge, as there are a lot of things to take into consideration. The commission’s latest effort involves issuing dozens of subpoenas to ICO issuers. The SEC Steps up its Game Most people will be pleased to see … Read more

Jameson Lopp Leaves Bitgo to Launch Casa Wallet for the Crypto Rich

by

Bitgo engineer Jameson Lopp is a Bitgo employee no more. The developer, who is one of the best known figures in bitcoin, has been coaxed away to Casa, a startup seeking to create a secure wallet for the crypto rich. With annual maintenance fees running into five figures, the service is for hodlers with deep … Read more

What Is CryptoTab?

by

Even though mining cryptocurrency through internet browsers is somewhat of a controversial practice, some companies are trying to turn it into a legitimate business. CryptoTab is one such project. There are some concerns over what this project has to offer, though, as it seemingly requires users to refer people before getting paid. CryptoTab is Intriguing yet Worrisome … Read more