Coinsquare partners with Canadian bank
The crypto trading platform Coinsquare announced the new partnership with one of Canada’s “Big 5” banks, an example of a partnership between a financial institution and a crypto company in Canada.
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Zebpay trading shuts down amid regulatory pressure in India
Zebpay has ceased all digital currency-related trading on its platform, effective Sept. 28. The exchange cited the “extremely difficult” conditions that crypto-related businesses had to operate in recently as the reason behind
CFTC goes after crypto fraudsters accused of impersonating regulators
Two people are facing a slew of charges, including fraudulent solicitation, impersonation and forging official documents in the United States—all in an effort to steal cryptocurrency.
BitConnect, 2 more ICO promoters shut down in North Dakota
North Dakota regulators have issued cease-and-desist orders against three groups launching initial coin offerings (ICOs) in the state, including BitConnect.
JVCEA to tighten crypto storage regulations in Japan
According to report, Japan Virtual Currency Exchange Association (JVCEA) will establish a ceiling for the amount of digital currencies allowed to be managed online by any of the country’s crypto exchanges.
Malta’s Prime Minister to UN Assembly: Crypto is the inevitable future
Joseph Muscat, the Mediterranean island nation’s prime minister, recognizes all too well the important role crypto is playing in the evolution of currency, and recently told the United Nations (UN) that crypto is unequivocally the currency of the future.
Bitcoin now a playable word in Scrabble
In yet another proof that Bitcoin has been steadily making its way towards mainstream audience, the cryptocurrency is now a playable word in Scrabble.
Mastercard looking into blockchain to improve payment efficiency
Payments giant Mastercard is reported to be exploring a number of new technologies, including blockchain, as the group looks to improve the general efficiency of its payments networks.
US court junks My Big Coin Pay’s attempt to dismiss CFTC lawsuit
A court in Massachusetts has backed the U.S. Commodity Futures Trading Commission (CFTC) in their interpretation of virtual currencies as commodities (and thus within the regulator’s jurisdiction), in the process dismissing a petition from the My Big Coin’s promoters to have the case set aside.
Malta to introduce crypto laws in November
While many countries are still deciding how to introduce laws to the cryptocurrency and blockchain spaces, Malta is already set to move forward.
BTC futures firm 1Broker hit with securities law violations
The U.S. SEC and CFTC have filed separate charges against Patrick Brunner, whose 1Broker trading platform accepted BTC as payment.
Russian removes cryptocurrency from draft bill
Lawmakers in Russia now say that they hope to have a new framework for “digital financial assets” ready by fall and hope to receive approval by the end of the year.
Crypto in Africa: New intercontinental payment methods poised to overtake US dollar
The U.S. dollar is reported to be losing its place as the top intercontinental currency in Africa.
France blacklists 21 more websites promoting crypto scams
The French financial market authority, Autorité des Marchés Financiers (AMF), has updated its official blacklist of fraudulent businesses operating in the country.
Swiss startup raises over $100 million for crypto bank
A startup in Switzerland has already raised 100 million Swiss francs ($100 million) to put up a bank that would offer cryptocurrency-related products.
US securities regulator chases enforcement against PlexCoin promoters
The U.S. Securities and Exchange Commission (SEC) has petitioned a court in New York for enforcement action against two individuals over their involvement in the “fast-moving” PlexCoin ICO investment scam.
Circle announces new US dollar-pegged crypto, the USD Coin
Circle has created a new cryptocurrency—the USD Coin (USDC)—which is pegged to the US dollar and backed up by physical reserves of fiat held by company.
US Congress discussion with crypto industry a step in right direction
As many 80 individuals from the cryptocurrency and financial industry sector descended upon Capitol Hill to provide their insight and suggestions on how to make the space more attractive in the United States.
Bitmain ready to move on IPO, files prospectus with Hong Kong Stock Exchange
Cryptocurrency mining company Bitmain has officially filed its initial public offering (IPO) with the Hong Kong Stock Exchange.
North Korea using cryptocurrencies to evade US sanctions, experts say
To avoid the economic sanctions imposed by the United States, North Korea has reportedly been using cryptocurrencies “increasingly,” according to two Washington-based financial analysts.