Mt. Gox trustee bank book exposes crypto dumping
The revelations show significant sell-offs by the trustee, which researchers have linked to specific declines in value in BTC, BCHABC and the wider cryptocurrency sector.
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Isle of Man eyes ‘premium’ businesses with new blockchain initiatives
The self-governing British dependency announced a regulatory sandbox for blockchain development as well establishing a Blockchain Office, in a bid to shore up its position as a jurisdiction of choice for the blockchain sector.
South Korea’s ICO ban to stay, regulators say
South Korea will maintain its ban on initial coin offerings (ICOs), following analysis of a survey conducted by the country’s Financial Supervisory Service (FSS), on behalf of Korea’s chief financial regulator
Crypto exchange Binance adds support for debit, credit card deposits
Cryptocurrency exchange Binance has announced it is now supporting debit and credit card payments, in a move expected to help increase mainstream adoption.
‘Financial business alliance’ between LVC, Line, Nomura focuses on blockchain
LVC Corporation, Line and Nomura Holdings Inc. have executed a memorandum of understanding, which will see the firms forming a “financial business alliance” to focus on developing blockchain technology.
Fujitsu applies blockchain for electricity exchange
Japanese tech giant Fujitsu has announced a new blockchain-based system for electricity exchange, with a model capable of improving efficiency by up to 40% on existing systems.
Money Button: Large OP_RETURN data sizes on Bitcoin SV are the start of a new era
Crypto payment button app Money Button has announced support for giant OP_RETURN data sizes, allowing users to store files of up to 100KB on a single transaction on the blockchain.
Report: 60% of crypto exchange hacks come from 2 groups
Blockchain analysis software company Chainalysis said there were two “prominent, professional” criminal gangs behind attacks totaling over $1 billion in losses—sufficient to account for 60% of all hacking activity over the reporting period.
IMF: Blockchain in Malta poses ‘significant risks’ to financial system
According to the IMF, the rise of the blockchain sectors in Malta isn’t wholly innocent, and could in fact pose “significant risks” to the country’s financial system.
Italian Senate approves amendment to include blockchain terms in law
The Italian senate has approved amendments to legislation which introduces blockchain terms into existing laws, marking the first significant steps from the government towards regulation for the blockchain sector.
Blockchain.com becomes latest crypto wallet adding support for Bitcoin SV
Leading crypto wallet Blockchain.com has become the latest service to onboard support for Bitcoin SV, as the currency continues to gain traction as the closest reflection of Satoshi’s original vision.
In Pennsylvania, crypto exchanges do not require money transmission license
The U.S. state of Pennsylvania has confirmed that cryptocurrency exchanges are not money transmitters, and therefore do not require a money transmission license to do business in the state.