Zambia’s central bank confirms stance on cryptos—they’re not legal tender
The Bank of Zambia (BoZ) is finally making a stand on cryptocurrency trading—they’re not legal tender in the country.
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Bitfinex restarts fiat deposits via ‘improved’ system
Embattled cryptocurrency exchange Bitfinex has reinstated fiat deposits, claiming its new system is much “improved” following significant user problems at the exchange in recent times.
Debit card ATM network in US starts selling crypto
According to cryptocurrency company LibertyX, the firm has entered into a partnership with Genmega, a fiat ATM supplier in the US, to facilitate crypto purchases using debit cards directly through the ATMs.
19 crypto exchanges secure provisional license in Philippines’ economic zone
The number of companies that have been granted provisional licenses by the Cagayan Economic Zone Authority (CEZA), which operates the Philippine government-owned Cagayan Special Economic Zone (CSEZ), has jumped to 19.
Gibraltar licenses first crypto exchange—Coinfloor
UK’s first cryptocurrency exchange, Coinfloor, has become the first crypto exchange to be licensed by Gibraltar’s groundbreaking blockchain legislation.
3 more ICOs shut down by North Dakota securities watchdog
The North Dakota Securities Department (NDSD) issued a cease and desist order against three firms that were discovered to be involved in promoting fraudulent securities and illegal business practices related to ICOs in the state.
Coinbase opens Dublin office amid Brexit uncertainty
San Francisco-based cryptocurrency exchange Coinbase has announced the opening of a Dublin office, its second office in Europe.
Financial giant Fidelity launches crypto company
Financial services giant Fidelity Investments has launched its cryptocurrency service for institutional investors.
Bitfinex makes it easier for users to track activities
Bitfinex announced the new tools that will allow greater flexibility in reviewing account data and users will now be able to “instantly compile an overview of necessary account information stemming as far back as account history goes.”
NASDAQ could launch regulated crypto platform: report
NASDAQ CEO Adena Friedman has warned about the issues associated with ICOs. However, the exchange might be prepared to support a different type of ICO, one that is regulated by financial authorities.
Regulator seeks to ‘bring together’ Singapore’s crypto operators, banks
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.
Crypto regulations coming to UK by 2020
Regulation of the UK cryptocurrency market could take two more years to enact, according to corporate law firm Reynolds Porter Chamberlain (RPC).
South Korea position on ICOs out by November
The South Korean government will have an official position on initial coin offerings (ICOs) by November.
Goldman Sachs-backed Circle buys SeedInvest
Goldman Sachs-backed cryptocurrency company Circle is now the proud owner of SeedInvest, an equity crowdfunding platform.
Coinbase withdrawals delayed by as much as 1 week
According to media outlet, Coinbase US-based customers are having a difficult time making withdrawals, with some reporting delays of up to a month.
Bithumb launches crypto indices as new partner gets onboard
This week, the South Korean cryptocurrency exchange opened Bithumb Crypto Index (BTCI), and then found itself a new major stakeholder—Singaporean consortium BK Global.
ICO falsely claiming SEC approval faces lawsuit
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.
Bitfinex pulls fiat deposits amid latest crypto price freefall
Cryptocurrency exchange Bitfinex has suspended fiat deposits, apparently on a temporary basis, amid the latest significant sell-off in the BTC markets.
Companies struggle to keep up with ICO regulations: report
The regulatory environment for initial coin offerings (ICOs) remains uncertain, leaving thousands of firms open to sanctions.
Crypto in Africa: Paxful looking at cryptocurrency’s potential in East Africa
Paxful, a peer-to-peer marketplace, is reportedly looking at the cryptocurrency market's growth potential in East Africa.