Latest Crypto Currencies News
Singapore won’t regulate cryptocurrency but will have an eye on potential risksOct 26, 2017
The head of Singapore’s Central Bank says that the country doesn’t plan to regulate cryptocurrencies such as Bitcoins. However, it will remain alert to practices such as money laundering and other such potential risks originating from their use.
Wirex and SBI holding join hands to establish Japanese Crypto Payments CardOct 24, 2017
Wirex, the blockchain personal finance platform has joined hands with Japan’s FinTech investor SBI Holdings to launch a new joint venture-SBI Wirex Asia, focused on Asia. This new venture will deliver a Japanese cryptocurrency payment card and joint businesses.
Russia will issue its own “CryptoRuble”Oct 17, 2017
According to a local news source, the Russian president, Vladimir Putin, in a closed door meeting in Moscow, announced that Russia will issue its own ‘CryptoRuble’. The minister of communications, Nikolay Nikiforov confirmed the official announcement.
Crypto-currency may replace dollar if IMF finalisesOct 9, 2017
In a news report by Wall Street Journal, it is believed that the world is going to the see the inception of an international cryptocurrency as a response to overindulgence with Bitcoins. After a recent comment made by Christine Lagarde, head of the International Monetary Fund (IMF) that governments and bank should not encourage shortchanging of Bitcoin and cryptocurrencies.
Malaysia’s Central bank may ban cryptocurrency!Oct 6, 2017
The Malaysia’s central bank governor will not rule out a ban on cryptocurrencies. Speaking to reporters upon upcoming regulations at a financial crime conference in Kuala Lumpur, the Bank Negara Malaysia (BNM) governor said that it would be decided at the end of the year whether to ban the trading of cryptocurrencies under its mandate as a domestic financial regulator or not.
Bitcoin prices hit 1-week lowsOct 4, 2017
The Bitcoin prices on Wednesday fell to hit one-week lows. Having opened at $4,310.60, Bitcoin was trading at $4,229.90 by 06:23 AM ET (10:24 GMT), down 1.87% on the U.S. based Bitfinex exchange. This fall in the price of Bitcoin is a pullback from the 5-week highs set earlier this week.
Bitcoin Manages To Get 85 % Premium Priced At $7200 In ZimbabweSep 26, 2017
Bitcoin is trading at a whopping $7200 in Zimbabwe.
Ukraine Dismisses Bitcoin To Be A CurrencySep 26, 2017
An official from the Central Bank of Ukraine has claimed that the country doesn’t acknowledge bitcoin as a currency or medium of trade.
Shanghai Shows Exit To Crypto Trading MarketsSep 25, 2017
17 trading platform will reportedly stop trading cryptocurrency in Shanghai. Among the names, BTCChina, SZZC, Binance, 51SZZC 91ICO, Lhang, Bitekuang, ETCWin FreeWillex, Bitbill, 19800Net ICORaise, ICOAGE ICOrace, ICOfox and ICO17 declared publicly that they further do not carry out ICO operations and plan to exit the market.
As China’s Exit Hangover Persists, Bitcoin Prices Continue To SufferSep 23, 2017
The bitcoin prices have come down on Friday, raising speculation that the market is still not over China’s exit and seemingly the attitude isn’t going anytime soon.
The European Union Sets Out New Penalties For Cryptocurrency CrimesSep 22, 2017
The European Union is planning to set out new penalties for cryptocurrencies related cybercrimes.
Malaysia Planning To Legalise BitcoinSep 21, 2017
Despite China going hard on cryptocurrencies, other countries have shown a far pleasant response to the digital assets. Tan Sri Muhammad Ibrahim, Malaysia’s Bank Negara governor, in a recent statement, said that developing Financial Institutions would indicate that Malaysia may be considering embracing Bitcoin.
Swiss Financial Authority Cracks Down On Fraudulent Crypto SchemeSep 21, 2017
Switzerland's Financial Market Supervisory Authority (FINMA), has reportedly shut down three companies for allegedly running a cryptocurrency scam on September 19.
Mexico To Regulate Bitcoin And Other CryptocurrenciesSep 20, 2017
Mexico is soon rolling out its new legislation to regulate its fast-paced financial technology sector, which includes firms that use cryptocurrencies like Bitcoin.
Malta Takes A Step Forward To Embrace Blockchain Technology, Introduces Taskforce To Advice On ImplementationsSep 19, 2017
Malta, a small island nation is making a lot of news for varied reasons, for hosting Bitcoin meetup and then planning to legalise cryptocurrency wholesale.
Bank Of Namibia Sticks With Old Laws To Reject Bitcoin ExchangesSep 18, 2017
Bank of Namibia, Central Bank of Namibia, have declared that digital currency exchanges have stood no position in the country under its law which is decades old. The bank has also advised the merchants in the country to not to accept payments for goods and services in bitcoins or any other cryptocurrencies.
As Traders Leave China, Japan Becomes The Largest Bitcoin MarketSep 18, 2017
Japan is currently ruling the Bitcoin exchange market with 50.75 percent market share of the global Bitcoin Exchange market. According to the analysts, the rise in trading volumes at the Japanese Bitcoin exchange is due to the Bitcoin traders exiting China.
The Pirate Bay Reportedly Uses Cryptominers To Earn RevenueSep 17, 2017
UK Man Faces Eight Separate Charges Of Fraud And Accused Of Stealing £1 Million Worth Of BitcoinSep 16, 2017
Ryan Kennedy, a 30-year-old Bath resident, England, denied eight separate charges of fraudulent activities that involved the use of Bitcoin. As per the reports, Kennedy was brought to the Bristol crown court on September 11.
Kin Tokens Out For Sale, But Not For Canadian InvestorsSep 14, 2017
Canadian messaging platform, Kik rolled out its ICO in a bid to raise $74 m, with the investors from its homeland missing out on it. The sale for 512 billion Kin tokens started on Wednesday. Due to the regulatory failures investors from major markets for Kik; Canada along with the US, were unable to participate in the ICO sale.
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