The long-awaited decision by India’s highest court finally arrived, and the crypto community has lost. The drama began when the Reserve Bank issued a directive to all financial institutions in the country to cease offering financial services to the crypto industry. The crypto community swiftly went to court to...
Numerous connections have been drawn between cryptocurrency and money laundering. It is a worrisome trend, yet one that seemingly will not end anytime soon. A new report by CipherTrace shows that money laundering activity involving cryptocurrency will only continue to increase. Criminals Still Favor Cryptocurrency Proceeds On paper, there is...
Exchanges are an integral cog in the cryptocurrency machine. Unfortunately, these platforms often cause issues or run into trouble for a variety of reasons. The Binance exchange has been involved in a recent Syscoin issue which forced the company to delete all existing API keys. It’s another troubled day in the...
Messaging applications are very keen on issuing their own tokens and digital currencies these days. Telegram has hosted a successful ICO, Kakao is looking to do the same, and now Viber is going down a similar path. Parent company Rakuten’s officials indicated that the new currency may be issued...
Cryptocurrency users have expressed various concerns regarding the HitBTC exchange in the past. Slow response times to customer support tickets and deposit and withdrawal issues have occurred on multiple occasions. It now seems the company is asking some users for their social media information as a proof of identity....
Foam ICO review - an alternative to GPS for smart contracts on the blockchain A little background: they were going to crowdsale quite a while ago and then put everything on hold, maybe to avoid the worst of the bear market, maybe to get the mvp working, maybe to get...
Thailand’s Securities and Exchange Commission (SEC) released on Wednesday a set of rules to oversee the raising of funds through initial coin offerings (ICOs) in the country, effective from July 16. The ICO rules will come under the existing Digital Asset Management Act BE 2561. They will require from specialized ICO...
Japan-based Tech Bureau Corp, a blockchain and cryptocurrency-oriented company, announced that it would spin-off its software sales and blockchain solutions division into Tech Bureau Holdings. After the spin-off, the parent company will focus on its crypto exchange Zaif. Tech Bureau, which was founded four years ago, has also developed...
Many countries inside the European Union are still struggling to come up with clear regulations that would provide a predictable set of rules for cryptocurrency businesses. However, the smaller nations of Liechtenstein and Malta seem to have sorted themselves out already. We spoke with Marion Vogel, the head of marketing...
Cryptocurrencies like Bitcoin are not money, they are a bubble, warned the Bank of International Settlement (BIS) General manager Agustín Carstens. In an interview with Swiss Basler Zeitung that BIS published on July 4, Carstens elaborated that digital coins are assets, not currencies, as they do not fulfill the...