Crypto prices strongly correlated with regulatory actions, study finds
The Bank for International Settlements (BIS) has published a report showing a significant correlation between the trade of cryptocurrencies and industry regulations.
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Gemini exchange looks to expand into the UK
The US-based Gemini cryptocurrency exchange is reportedly looking to establish an office in the UK, but no definite date has yet been provided.
RBI wants India’s Supreme Court to butt out of its business
Cryptocurrency enthusiasts and entrepreneurs in India anxiously waited to see how the country’s Supreme Court would rule regarding the banking ban that was put into place by the Reserve Bank of India (RBI).
Brazilian brokerage to launch crypto exchange
Brazil’s largest independent brokerage firm Grupo XP has made plans to put up a cryptocurrency exchange in the country.
Crypto analysis tools continue to improve
Cryptocurrency ecosystem continue to evolve, so do with platform monitoring it, as the tools now are ushering a whole new suite of options to help adopters better understand the industry.
Singapore could be the first country to fully embrace crypto
The country recently held its Singapore Consensus 2018 conference, designed to discuss the future of the industry and help Singapore craft guidelines for its use and acceptance
US lawmakers want IRS to clarify guidelines on crypto tax
Five legislators in the United States have sent an open letter to the Internal Revenue Service (IRS), urging the tax agency to update its cryptocurrency tax guidelines.
Crypto theft cases in Japan ‘tripled’ in 2018 so far
The amount stolen this year was substantially larger than the equivalent figure recorded in 2017, with JPY60 billion stolen so far across 158 separate thefts in Japan alone.
SEC open for comments prior to action on crypto ETF
The SEC, refraining from any action on the Vaneck Solidx BTC ETF application, is now receiving comments from the public on the issues discussed.
Concerns still surround the future of crypto mining giant Bitmain
A number of publications recently that have called into question Bitmain's financial stability haunted the one of the largest mining company in the world.
Japan’s FSA reveals crypto regulation update
The Financial Services Agency (FSA), Japan's top financial regulator, revealed that, while 160 companies are waiting in line to enter the crypto space, three cryptocurrency operators are currently being reviewed.
Brazil watchdog cracks down on banks restricting crypto exchanges
The Administrative Council for Economic Defense has launched an investigation into banks in Brazil, which were allegedly abusing their power to undermine domestic cryptocurrency exchanges.
Japan’s Zaif crypto exchange loses $60M in hack
Zaif, a cryptocurrency exchange based in Japan, has fallen victim to a hack, resulting in the loss of JPY6.7 billion ($60 million) worth of cryptocurrencies.
South Korea’s Upbit to open Singapore crypto exchange in October
Kakao affiliate Dunamu, which operates South Korean cryptocurrency exchange Upbit, is gearing up to open a Singapore-based exchange in October.
Alleged AlphaBay leader’s crypto millions forfeited in California court
Millions of dollars in cryptocurrency and assets have been seized by U.S. authorities from the estate of Alexandre Cazes, a dark web entrepreneur believed to have been the brains behind the now-defunct AlphaBay marketplace.
Monetary Authority of Singapore warns investors of yet another crypto scam
Another day, yet another crypto scam—this time, in the form of a website, which, according to the Monetary Authority of Singapore (MAS), falsely represents comments from MAS chairman and the country’s Deputy Prime Minister, Tharman Shanmugaratnam.
EOS hack leads to $58,000 theft
About $58,000 was stolen from token exchange Newdex, through the issuance of fake EOS tokens in the network.
US regulators punish crypto firm claiming ties to Coinbase
The Texas Securities Commission (TSC) issued an emergency cease-and-desist order to Coins Miner Investment Ltd. following allegations that the firm and allegedly misstated marketing material to investors.
Fidelity Investments poised to launch crypto products by end of 2018
Fidelity Investments revealed that it is setting up a number of crypto options, and that it expects to launch some, or all, by the end of this year.
China’s central bank warns public (again) against cryptos, ICOs
the People’s Bank of China (PBoC) has issued yet another notice to remind everyone in the country against investing in cryptocurrencies and initial coin offerings (ICOs) amid reports that domestic crypto activities have been flourishing recently.