Crypto laws and regulations represent a serious challenge for many companies, as sometimes it is hard to understand how this or that regulations work in their countries. Moreover, in several countries lawmakers as well as regulators are not willing to embrace the crypto industry. As a result, companies are struggling to survive in such countries. …
Cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and others offer a number of advantages compared with fiat currencies. Nevertheless, the process of crypto adoption will take time, due to various reasons. One of them relates to crypto regulations and how to enforce such regulations. As a reminder, in 2019 the Japanese House of Representatives passed the …
Japan Plans to Enforce Revised Crypto Laws From May 1 Read More »
Crypto-related crimes represent a serious challenge to law enforcement agencies. Unfortunately, various criminal groups are using cryptocurrencies to conceal their activities. Such cases may affect the process of crypto adoption. Thus, crypto companies in cooperation with officials should identify illegal activities to minimize the damage caused by such actions. Recently, police in Russian Federation detained …
Russia’s Ministry of Internal Affairs and Crypto Read More »
Cryptocurrencies have the potential to make life easier for millions of people around the globe. Moreover, thanks to crypto money, people do not have to worry about many problems. However, some people are using cryptocurrencies for illegal activities. Unfortunately, such cases have a negative impact on the public as someone may link crypto to various …
Crypto: Russian Police Detained a Group of Online Criminals Read More »
The coronavirus pandemic is a big problem. Nevertheless, the crypto industry is evolving, and recently one crypto company registered with authorities. This company is Coinhouse. It is worth mentioning that, Coinhouse became the first crypto company to register with the Financial Markets Authority (AMF), the top financial regulator in France. The crypto company has to …
Market Authority and First Registered Crypto Company Read More »
Crypto trading company Coinhoouse became the first crypto company to register with the Financial Markets Authority (AMF). As a reminder, the AMF is the top financial regulator in France. According to the spokesman of Coinhouse, Julien Moretto this decision shows that Coinhouse is a serious company. Moreover, it follows a strict know-your-customer policy. Importantly, Coinhouse …
Crypto Company Coinhouse Registered with French Authorities Read More »
The coronavirus caused a lot of issues for companies around the world, and crypto companies are not an exception. However, despite coronavirus crisis London Stock Exchange-listed crypto mining company Argo Blockchain broke its record. According to the press release, in March the company had mined 338.8 Bitcoin. For example, in February, the crypto mining company …
London Stock Exchange-Listed Crypto Company and Bitcoin Read More »
Crypto mining is a lucrative business. On Monday, crypto mining firm Argo Blockchain published an operational update for March. According to the press release, last month the company had mined 338.8 Bitcoin. In February, Argo was able to mine 337.5 Bitcoin. It is important to mention that, during the first three months of this year, …
Crypto Mining Firm Argo Blockchain Broke Its Own Record Read More »
Bitcoin is the biggest and the oldest cryptocurrency in the market. Several years its price almost reached $20,000. Interestingly, Bitcoin is one of the most recognizable crypto money around the globe. However, even for cryptocurrency number one, it is not easy to deal with problems. For example, last month as the price of cryptocurrencies fell, …
India is one of the most populous countries in the world. Moreover, its economy is developing and according to the PwC report by 2050 the country’s economy will become one of the largest in the world. It is not surprising that local as well as foreign investors are willing to enter the local market and …
Crypto Industry in India and Price of Crypto Miners Read More »
Crypto regulations, more precisely the implementation of crypto regulations is a serious challenge due to numerous factors. Moreover, it is hard to find comprehensive information regarding this industry and what each country is doing to address issues connected with cryptocurrencies. Several days ago, the Financial Action Task Force (FATF) released its report. As a reminder, …
Two days ago, the Financial Action Task Force (FATF) released its report. The FATF reevaluated the United States on its compliance regarding the anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. This report also contains many interesting details connected with crypto. Let’s have a look at this report to learn more about the crypto industry …
Japan is famous for its companies such as Toyota, Sony, Honda, etc. It is not surprising that foreign companies would like to enter the local market. Moreover, the crypto industry is not an exception. However, foreign crypto exchanges should be ready to deal with strict regulations. Recently, a Japan-based law firm released a report covering …
On March 31, a law firm from Japan released a report covering all aspects of crypto assets in Japan. Interestingly, Double jump.tokyo the game developer behind My Crypto Heroes, founded this law firm called So & Sato. Based on the report published by So & Sato, strict regulations are likely to benefit new players in …
Crypto exchanges step-by-step continue to expand their services, as this industry has the potential to attract new clients. However, cryptocurrencies have to deal with various problems. It is quite hard to create a crypto exchange and such entities have to comply with strict regulations in countries around the world. Moreover, as can be seen from …
Malta-Based Exchange Offers $400 Million for Crypto Site Read More »
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