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Yesterday, the 16 cryptocurrency exchanges currently registered with Japan’s financial watchdog, the Financial Services Agency (FSA), announced the launch of the Japanese Cryptocurrency Exchange Association (JCEA), according to a Japanese media outlet. The self-regulatory body, chaired by Taizen Okuyama, president and CEO of cryptocurrency exchange Money Partners, aims...
India’s recent problems with cryptocurrencies and the exchanges that trade them has caused investors a lot of stress, both locally and globally. Fortunately for crypto-enthusiasts, dealings have now reached the country’s high courts. Challenging Royal Bank of India’s Crackdown Yesterday, April 22nd, the Delhi high court issued a...
With huge names from the world of cryptocurrency making moves to call the island nation their home, Malta is emerging as something of a hub for digital currency activity. This is largely being driven by favourable legislation, as well as a Prime Minister who firmly believes in the...
Today, April 20th, EU Parliament voted in a December agreement by 574 votes to 13 votes (with 60 abstentions), which proposed tighter regulation for digital currencies in attempts to prevent the coins from being used for money laundering and terrorism financing. The agreement will also permit EU citizens...
Financial authorities in Macau have issued a warning over possible ‘fraud and criminal activities’ in relation to a cryptocurrency firm backed by a former gangster. The warning comes following revelations that Macau Dragon Group, a firm associated with ‘Broken Tooth’ Wan Kuok-koi, employed the British company Cambridge Analytica,...
Seeking exemptions from federal oversight that they believe will slow growth of the cryptocurrency space, industry groups are forming in attempts to lobby agencies like the Securities and Exchange Commission (SEC) for limited interference. The groups are worried that policies in Washington could slow the innovation of blockchain-based...
The New York Attorney General office launched a fact-finding inquiry to discover how the cryptocurrency exchanges work and what they’re doing to fight bots, money laundering, and market manipulation. Erik Voorhees, CEO of ShapeShift, and Jesse Powell, CEO of Kraken, denounce the “questionnaire” as hostile to cryptocurrencies and business, in general. Kraken CEO Slams New York Attorney General...
New York State’s Office of the Attorney General (OAG) is requesting information from 13 cryptocurrency exchanges in attempts to improve transparency and accountability and help protect digital currency investors. The initiative is meant to complement a first-in-the-nation licensing protocol established by New York State’s Department of Financial Services...
The issuance of new cryptocurrencies, which were banned in South Korea six months ago, has returned to the country via overseas listings for local trading. ICON (ICX), which is being called ‘Korean version of Ethereum’, was issued in Switzerland and is leading the new trend. Foreign-Issued Cryptocurrency Allows...
The cryptocurrency ecosystem has found an unexpected backer in the International Monetary Fund. The organization is asking the world’s central banks to be open-minded about digital money as they should “distinguish between real threats and needless fears”. IMF Wants to Help Develop Cryptocurrency Regulation Christine Lagarde, Managing Director...
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