Crypto exchange Bitstamp acquired by investment firm in all-cash deal
Bitstamp exchange has announced that it has agreed to be acquired by investment firm NXMH in an all-cash arrangement that gives NXMH 80% of the company.
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Alleged hack forces Canadian crypto exchange to go offline
MapleChange claimed a bug was the reason for the alleged hack, and said it has to close down even its social media accounts “because we have no more funds to pay anyone back.”
Germany’s Deutsche Börse completes settlement trial on blockchain
The German central bank, Deutsche Bundesbank, has partnered with the operator of the Frankfurt Stock Exchange to successfully test the application of blockchain technology in securities settlement.
The beginning of the consolidation? OKEx delists 42 trading pairs
There are constant whispers – and sometimes outright shouts – that the cryptocurrency industry will eventually be limited to only a small handful of options.
Spain passes new crypto asset declaration law for citizens
A new law approved by Spain’s Council of Ministers will oblige private citizens to declare their cryptocurrency holdings, in a landmark development for crypto regulation.
UK gov’t shelves plans for Royal Mint Gold token
The UK government has pulled the plug on plans that would have seen the Royal Mint launching its own cryptocurrency, amid fears over the unregulated nature of cryptocurrency markets.
‘Dubious’ crypto platform claims to be holding Malta license
The platform, called Primetradingbot, claimed to offer high-yield BTC investments, and appeared to be targeting unsophisticated investors who still believe the BTC coin has a future, according to the Malta Financial Services Authority.
Japan’s SBI lays out plans for proprietary crypto wallet
Japanese financial services giant SBI Group has teamed up with blockchain security startup Sepior to create a “secure online wallet” for its recently launched cryptocurrency exchange.
Securities chief reveals Taiwan’s plan to regulate ICOs
Wellington Koo, the chairman of Taiwan’s Financial Supervisory Commission (FSC) has revealed that investing in ICOs will soon be easy and safe in Taiwan.
South Korea’s FSC warns against investing in crypto funds
The Financial Services Commission warned that cryptocurrency funds and mutual funds have similar structures, which may result in investors into assuming that such funds are legal investments under the South Korea’s Capital Markets Act.
VISA not keen on crypto investments just yet
Credit card company Visa is waiting for cryptocurrencies to be more widely used before making them a business priority.
India Supreme Court directs gov’t to give position on cryptocurrency
The Indian government must release its finding on cryptocurrencies within two weeks, as ordered by the country’s Supreme Court.
Crypto in Africa: Quidax launches crypto literacy program in Nigeria
Quidax, a European-based cryptocurrency exchange, recently launched its operations in Nigeria.
Japan FSA reportedly considering caps for crypto margin trading
According to a report, the country’s Financial Services Agency (FSA) is preparing to introduce caps on the leverage possible for margin trading of cryptocurrencies.
Danish crypto exchange goes bankrupt thanks to credit card supplier
The Wemovecoins cryptocurrency exchange has been forced into bankruptcy due to dispute between the company and a credit card vendor.
Draft bill seeks ‘tax holiday’ for crypto companies in Ukraine
A bill proposed by lawmakers in Ukraine could see the country’s fledgling cryptocurrency sector benefit from a “tax holiday,” as part of a package of measures designed to foster the development of the sector there.
Crypto exchange group in Japan gains legal powers to self-regulate
The Financial Services Agency (FSA) announced that the Japanese Virtual Currency Exchange Association (JVCEA) has been awarded the status of “certified fund settlement business association,” giving the body legal authority to shape regulation for cryptocurrency exchanges in the country.
Synthetic Minds rounds up $5.5M in Pantera Capital-led funding
Synthetic Minds, a smart contract security startup out of San Francisco, has raised $5.5 million in a funding round backed by blockchain investment company Pantera Capital and venture capital firm Khosla Ventures.
Police seize India’s first crypto ATM, arrest Unocoin co-founder
The co-founder of Unocoin, Harish B.V., was reportedly taken into custody by police only four days after news broke that the exchange has installed the country's first crypto ATM in Bangalore.
Cryptocurrency makes it to Shark Tank, O’Leary accepts the challenge
Bundil allows users to purchase crypto by rounding up credit or debit card purchases to the nearest dollar—if the purchase is for a total of $9.95, an additional $0.05 goes to buying Bitcoin BCH, or BTC, ETH and LTC, whichever currency the user chooses.