Tag: regulation

  • Blockchain

    Swiss National Bank is Skeptical of National State-Issued Crypto

    Business Insider reported that Thomas Moser, a key member of management at the National Swiss Bank, believes that governments have lost interest in state-issued crypto or digital currencies. Thomas Moser: “Enthusiasm Has Slowed” For National Crypto While at a cryptocurrency conference in Zug, Switzerland, the representative of the...

    nickchong | June 24, 2018 | 3:17 am
  • Exchanges
    Crypto

    UK Regulators Question Exchanges as Bithumb News Spreads

    The recent $30 Million hack of Bithumb has caused U.K. regulators to question the security of cryptocurrency exchanges, with exchanges operating in the U.K. coming under fire. 2018: The Year of Exchange Hacks? As the cryptocurrency market swells, the amount of exchange hacks has grown, in a direct...

    nickchong | June 21, 2018 | 9:30 pm
  • bithumb
    Crypto

    Speculation Rife as Bithumb Situation Develops, Market Recovers

    The Bithumb situation has quickly developed over the past 24 hours, resulting in rampant speculation about what exactly happened. Bithumb ‘Suspiciously’ Deletes Original Tweet News of yesterday’s hack quickly broke on Bithumb‘s official Twitter account, but oddly enough, Bithumb deleted the original message after only a few hours....

    nickchong | June 21, 2018 | 1:30 am
  • Cryptocurrency
    Industry

    Two of Russia’s Largest Banks to Offer Crypto Trading in Six Top Coins

    Two of Russia’s largest banks, Alfa Bank and Sberbank, will soon be offering clients access to cryptocurrency portfolios that will permit the trading of six popular coins on major exchanges Kraken and Bitstamp. Crypto Trading Portfolio Alfa Bank is the largest private bank in Russia, while Sberbank is state-owned...

    Thomas Delahunty | June 19, 2018 | 9:30 pm
  • FSA
    Industry

    Japan’s Largest Crypto Exchanges to Face the Wrath of the FSA

    Japan’s Financial Services Agency (FSA) will be taking administrative action against several registered cryptocurrency exchange operators in the country. These exchanges include Quoine, Bitbank, BITPoint Japan, BtcBox, and industry leader BitFlyer, who authorities claim don’t have proper internal management systems in place, including measures to prevent money laundering.  FSA...

    Thomas Delahunty | June 19, 2018 | 8:10 pm
  • Japanese
    Altcoins

    Japanese Cryptocurrency Firms Draft Policies of Self-Regulation

    Companies associated with the Japanese cryptocurrency industry are trying to increase consumer protection and transparency with a set of self-policing regulations. The rules aim to tackle issues such as insider trading and security compromises at exchanges amongst others. Japan: New Policies Aim to Protect Exchanges and Their Users...

    Rick D. | June 19, 2018 | 6:00 pm
  • hedge fund
    Industry

    Asian Blockchain Investment Accelerates as Crypto Hedge Funds Falter

    The Financial Times has reported that profits for cryptocurrency hedge funds have taken a sharp decline, in direct correlation with the negative price action seen with the overall cryptocurrency market. Cryptocurrency Hedge Funds Down 35% In 2018 Hedge Fund Research, a reputable hedge fund analysis firm, has found...

    nickchong | June 19, 2018 | 12:30 pm
  • Bitcoin
    Bitcoin

    Jack Dorsey’s Square Obtains Ninth BitLicense Ever

    Payments company Square, a side venture of Twitter CEO Jack Dorsey, is the ninth firm to have obtained a BitLicense by the New York State Department of Financial Services. Bitcoin purchases first became available on its app in other states in January, but revenue has barely covered the...

    Ricardo Esteves | June 18, 2018 | 9:00 pm

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