Markets slump again as BTC drops below $9,000
All major currencies were down, with BTC experiencing another drop to below the $9,000 mark after having briefly flirted with $9,500 over the weekend.
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Cryptocurrency entrepreneur enters mayoral race in Taipei
Cheng Yi-ting, CEO of the OTCBTC cryptocurrency exchange, announced her intention to run for mayor on April 13.
Japan pushes exchanges to drop altcoins favored by criminals
The FSA has quietly begun to put pressure on crypto exchanges to remove the digital currencies, assumed to be favorites by criminals.
Coinsecure delays reimbursements following million-dollar hack
Coinsecure, a Delhi-based cryptocurrency exchange, has announced that expected reimbursements following a hack earlier this month will be delayed.
3 cryptocurrency exchanges fall in Venezuela’s ‘Operation Paper Hands’
The government of Venezuela has shut down three cryptocurrency exchanges as part of its “Operation Paper Hands,” while 16 others have been certified to facilitate Petro transactions in the international market.
India’s Koinex rolls out zero-fee, crypto-to-crypto trading pairs
Koinex announced that it would be introducing no less than 23 crypto-to-crypto trading pairs with no fees—an added incentive for new cryptocurrency investors who are hoping to enter the market in a big way.
Dubai police use AI to nab group behind $1.9M crypto heist
Ten members of a gang have been arrested in Dubai, accused of carrying out a cryptocurrency heist that resulted in the theft of $1.9 million worth of BTC.
France cuts cryptocurrency capital gains tax in half
After a fair amount of backlash, France’s Council of State now considered cryptocurrencies as movable property, which resulted in the lowering the capital gains tax to a flat rate of 19%.
Financial watchdog confirms crypto derivatives’ regulatory status in UK
The latest statement from the Financial Conduct Authority specifies that cryptocurrency derivatives, under the Markets in Financial Instruments Directive II, can be defined as financial instruments.
Court orders Chilean banks to re-open crypto accounts temporarily
The anti-monopoly court in Chile has ruled that cryptocurrency-related bank accounts should be reopened while the lawsuit filed by exchanges Buda, Orionx and Crypto MKT continued.
Spanish bank completes landmark loan transaction on blockchain
BBVA used a private blockchain to conduct a €75-million ($91.4 million) loan from start to finish. In doing so, it has now become the first global bank to enlist the technology in a loan operation.
Malta green lights new cryptocurrency bill
Malta’s cabinet has given the go-ahead to three separate bills relating to blockchain technology and cryptocurrency, including measures that would introduce a framework for regulating cryptocurrencies and ICOs.