#Regulation

Bitcoin Exclamation Warning Signs Singapore Skyline

Singapore Doubles Down, Insists that Crypto Isn’t Legal Tender

January 24, 2019 by Tokoni Uti at Altcoins, Bitcoin, Business, Finance, News, Regulation

The Singaporean government has declared that cryptocurrencies aren’t legal tender and has cautioned business owners against accepting it, just as JK Jewellery has announced that crypto would be accepted in their stores. The Debate Surrounding Legal Tender The legality of cryptocurrency varies from place to place. While countries like Venezuela...

Blockchains Flying Across Indian Horizon

IDRBT to Leverage Blockchain Technology in the Indian Banking Industry

January 24, 2019 by Aisshwarya Tiwari at Adoption, Blockchain, Development, Finance, News, Regulation

The Institute for Development and Research in Banking Technology (IDRBT) of Reserve Bank of India (RBI) has unveiled a blueprint for the implementation of blockchain technology in the Indian banking sector, reports Financial Express on January 23, 2019. Blockchain Technology to Change Indian Banking The IDRBT was established by the RBI...

Coinbase Flag in a Globe Asian Countires

Coinbase Unveils Services for High-Volume Crypto Investors in Asia and Europe

January 24, 2019 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Exchange, Finance, News, Regulation

On January 22, 2018, Coinbase, the American cryptocurrency exchange, announced the launch of new trading and custody services for Coinbase Prime and Coinbase Pro which will allow high-volume investors in Asia and Europe to trade virtual currencies, make cross-border payments, and store digital assets in its cold storage. Coinbase Leading...

Man Holding Briefcase under his arm of KNF

Coinquista and BitClude Secure Cryptocurrency License from Polish Regulator

January 23, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, Business, Development, Exchange, News, Regulation

On January 21, 2019, the Polish Financial Supervision Authority (KNF) has granted two bitcoin-linked firms, Coinquista and BitClude, licenses. Two Polish Crypto Exchanges Get Lucky Per sources close to the matter Coinquista and BitClude, two Polish firms offering clients cryptoassets exchange services, a functional wallet, and more, have been granted...

Swedish Man Goes to Court over “Absurd” Cryptocurrency Tax Bill

January 23, 2019 by Tokoni Uti at Bitcoin, Finance, News, Regulation

Swedish Man Linus Dunkers has filed a court case after being charged $885,000 in tax for Cryptocurrency trading. An amount he says is over three times all the profit he made, as per a report from SVT January 20, 2019. A Million Ways to Tax One aspect of cryptocurrency adoption...

Report: UK Great with Blockchain Patents, but China Takes the AI Cake

January 22, 2019 by Neil at Adoption, Blockchain, Commentary, News, Regulation

It doesn’t take much expertise to know that two of the largest technological trends in modern times are blockchain technology and artificial intelligence (AI). While many countries all over the world are interested in how AI can apply to everything from the financial sector to the military sector; there are...

Crypto Garage and Blockstream Receive First Ever Regulatory Approval to Test Japanese Yen Stablecoin

January 22, 2019 by Georgi Hristov at Adoption, Altcoins, Bitcoin, Blockchain, Development, Finance, News, Regulation

Crypto Garage, a subsidiary of the Japanese IT company Digital Garage, Inc, announced on January 21, 2019, that it would test issuance of JPY stablecoins on their SETTLENET platform. The Stablecoin Euphoria Expands to Japan The blockchain fintech company will pilot a delivery versus payment settlement service between JPY tokens...

The end of Anonymous Bitcoin Trading in the Netherlands Has Finally Arrived

January 22, 2019 by Priyeshu Garg at Altcoins, Bitcoin, Business, Exchange, Finance, News, Regulation

Authorities in the Netherlands want to force cryptocurrency exchanges and crypto service providers to obtain licenses that would ban anonymous cryptocurrency trading, local news outlet Nederlandse Omroep Stichting (NOS) reported on January 18, 2019. Licensing for Crypto Businesses Introduced in Holland Anonymous trading of crypto assets has long been a...

Bitcoin Meditating in front of Two Green and Red Screens

Bitcoin Remains Firm amid Mixed Newsflow: BTCManager’s Week in Review January 21, 2019

January 21, 2019 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Business, Development, Ethereum, Exchange, Finance, News, Regulation

The price of bitcoin remains firm, gaining two percent week-on-week, amid a mix of positive and negative news. The announcement by Bakkt that it has made its first acquisition shows that the institutional crypto trading venture is on track to become a serious player in the institutional digital asset trading...

Venezuela: First Bitcoin ATM Incoming amid Failing Economy and Sullen Petro

January 21, 2019 by Neil at Adoption, Altcoins, Bitcoin, Business, Finance, News, Regulation

In a country that many believe proves how fiat currencies can destroy an entire country’s infrastructure and economy, the first Bitcoin ATM in Venezuela will finally be installed, about two weeks from January 20, 2019. A Never-Ending Economic Crisis Venezuela actually tops the misery index thanks to the ongoing economic...

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