The Monetary Authority of Singapore (MAS) has taken it upon itself to “bring together” cryptocurrency companies and the banks, following complaints from crypto operators about the difficulties in setting up bank accounts in the sovereign city state.
Regulation of the UK cryptocurrency market could take two more years to enact, according to corporate law firm Reynolds Porter Chamberlain (RPC).
The South Korean government will have an official position on initial coin offerings (ICOs) by November.
Goldman Sachs-backed cryptocurrency company Circle is now the proud owner of SeedInvest, an equity crowdfunding platform.
According to media outlet, Coinbase US-based customers are having a difficult time making withdrawals, with some reporting delays of up to a month.
This week, the South Korean cryptocurrency exchange opened Bithumb Crypto Index (BTCI), and then found itself a new major stakeholder—Singaporean consortium BK Global.
In the latest example of the SEC ramping up efforts against scam coins and ICOs, the commission petitioned a court to secure an emergency order against Blockvest LLC and its founder, Reginald Buddy Ringgold III.
Cryptocurrency exchange Bitfinex has suspended fiat deposits, apparently on a temporary basis, amid the latest significant sell-off in the BTC markets.
The regulatory environment for initial coin offerings (ICOs) remains uncertain, leaving thousands of firms open to sanctions.
Paxful, a peer-to-peer marketplace, is reportedly looking at the cryptocurrency market's growth potential in East Africa.
The banking sector is slowly adapting and incorporating cryptocurrency onto their product portfolio. For example, the London Block Exchange (LBX) is introducing a new service that will give customers in the UK a banking option for both their fiat and their crypto assets.