Wed, April 24, 2024

Cryptocurrency

Cryptocurrencies and Thai authorities

Crypto Exchange Provider Zipmex and Indonesian Authorities

Crypto exchange provider Zipmex received permission to operate in Indonesia from the country’s Commodity Futures Trading Regulatory Agency. It is an important moment for the provider, as it already secured a go-ahead from Thai and Australian authorities. As a result, Zipmex continues to expand its services around the region. The chief legal officer of Zipmex, …

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U.S. Congress and crypto industry

Congressman Paul Gosar and Crypto Regulations

Crypto adoption is not an easy task even for the biggest economy in the world. Moreover, as can be seen from Facebook’s Libra project, cryptocurrencies are struggling to gain recognition due to several factors. However, one U.S. lawmaker wants to change the situation for the better thanks to his crypto-currency act. Furthermore, Paul Gosar is …

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Cryptocurrencies Lose $142 Million – Fed Statement Concern

U.S. Congress Member and Crypto-Currency Act

Cryptocurrencies step-by-step became popular around the world. One U.S. Congressman wants to clarify certain aspects connected with the crypto industry. On March 9, Paul Gosar introduced the “Crypto-Currency Act of 2020”. Based on the information provided by Gosar’s legislative assistant, this bill will tackle several problems. For example, the bill will provide not only clarity …

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Chinese citizens and crypto industry

Department of Justice, North Korea, and Crypto Crimes

North Korea is the most isolated country in the world, and it retains this status for decades. Recently, the U.S. Department of Justice charged two Chinese nationals. According to the U.S. authorities, Tian Yinyin and Li Jiadong allegedly conspired with North Korean state-sponsored hackers to steal more than $100 million worth of cryptocurrency. Crimes related …

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Crypto exchanges and various challenges

Cryptocurrency Bill and South Korea

Recently, the parliament of South Korea passed a new amendment. As a result, digital assets are entirely legal in the East Asian country. The National Assembly amended the act on Reporting and Use of Specific Financial Information. The country’s parliament approved a landmark cryptocurrency bill. Thus, cryptocurrency trading is now entirely into the legal system …

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Central bank and supreme court

Supreme Court of India Decided to Support Crypto Industry

On Wednesday, the Supreme Court of India made a historic decision. A three-judge bench of the court ruled in favor of petitions by crypto exchanges and startups. As a reminder, the Reserve Bank of India banned local financial institutions form providing banking services to exchanges. However, the country’s supreme court decided to reverse this decision. …

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Crypto related fraud schemes

Slovenian Crypto Company and New Opportunities

Cryptocurrencies offer a number of advantages in comparison with fiat currencies. This industry is evolving and one crypto-related firm from former Yugoslavia wants to accelerate this process. Crypto payments provider GoCrypto is working hard to expand this industry. For example, it is possible to pay with more than 10 million Bitcoin.com wallets at GoCrypto locations. …

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Crypto payment network

Crypto Payment Gateway GoCrypto and its Plans

There are many crypto-related companies, and this industry, despite its relatively young age, attracted the attention of people from various backgrounds. The crypto market is expanding, and companies are trying to develop new projects or to expand existing ones. Recently, the crypto payment gateway GoCrypto made an important announcement. According to CEO Dejan Roljic, the …

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blockchain, Telangana and electronic voting system

Crypto Exchange BitFront and New Opportunities

The crypto industry is evolving, and the number of people who would like to learn more about this emerging technology also increased during the last several years. The process of crypto adoption will take time due to several factors. Nevertheless, many crypto-related companies are working hard to challenge the stereotypes connected with cryptocurrencies. Several days …

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Malta and crypto industry

Japanese Messaging Giant and New Crypto Exchange

This week, the Japanese messaging giant Line closed its Singapore-based crypto exchange. Moreover, Line relaunched it as global, rebranded U.S.-based platform. Yesterday, the team of exchange, which first launched as BitBox in Singapore back in 2018, revealed exciting information. The name of the new U.S. platform will be BitFront. LVC USA, is the U.S. subsidiary …

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CoinGecko and Hacken, cryptocurrency

Ukrainian Prosecutors and Illegal Crypto Mining

This week, the prosecutor’s office in Kyiv charged an employee who worked in the data systems division of the court administration department. This person was charged with illegally mining cryptocurrency at his workplace. Illegal crypto mining is a widespread problem in Ukraine. According to Ukraine’s criminal code, if found guilty, he may have to spend …

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Crypto industry and new investors

Crypto Payment Provider and Travel Booking Platform

curOn Monday, cryptocurrency payments provider Crypto.com announced a partnership with cryptocurrency-friendly travel booking platform Travala.com Crypto.com is based in Hong Kong. According to the deal, Crypto.com’s payment app integrated onto the Travala.com website. As a result, it will become easier to use cryptocurrencies. As a reminder, previously, customers had to manually complete transfers using their …

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