Author Archives: creative

Japan’s Banking Giant SBI Delays Launch Of Crypto Exchange To ‘Strengthen Security’

Japanese financial service giant SBI Holdings announced it is postponing the launch of its cryptocurrency exchange to “strengthen security measures”. Japan’s financial services conglomerate SBI Group announced in a post on its site Tuesday, Feb. 27 that it has to postpone the launch of its planned cryptocurrency exchange. In the public announcement, SBI apologized for the delay and explained that the company had to postpone the launch of the exchange for security improvement purposes. “We decided that it will take some extra time to further strengthen security […]

More info

Singapore: Central Bank ‘Assessing’ Need For More Cryptocurrency Regulation

Cryptocurrency regulation may be on the horizon in Singapore as authorities look closer at “investor protection.” Singapore’s central bank has said it is again looking at cryptocurrency regulation, appearing to amend previous comments about a hands-off approach, Reuters reported Thursday, March 1. Part of a speech quoted by various publications Thursday saw the Monetary Authority of Singapore (MAS) deputy managing director Ong Chong Tee note an “assessment” about possible new regulations of cryptocurrency in the city-state. “We are assessing if additional regulations are required for investor protection,” […]

More info

India: Two Crypto Exchanges Halt Trading, Blame ‘Discouraging’ Government Stance

Crypto exchanges BTCXIndia and ETHEXIndia will stop their crypto trading by March 1 and 5 respectively, citing the government’s stance on crypto. Crypto exchanges BTCXIndia and ETHEXIndia have informed their customers via email that they are stopping trading activities, citing the “stress” on their business caused by governmental actions discouraging crypto, local Indian news outlet the Economic Times reported yesterday, Feb. 28. BTCXIndia and ETHEXIndia’s websites both currently display a message to customers informing them that any deposits received after Jan.1 will automatically be sent back to […]

More info

How Banking Institutions Can be Decentralized, Explained

New, P2P, type of banking with Blockchain, cryptocurrencies, Machine Learning, Big Data and smart contracts. How does decentralized banking look? Decentralized banking is a term that has been construed in the wake of the cryptocurrency boom.   That is because cryptocurrencies are the first intelligent asset that can create such a tool.   And because of this, many are referring to decentralized banking as “crypto banking.” Cryptobanks are decentralized platforms that provide the usual services that centralized banks provide, primarily lending services and credit scoring, but essentially […]

More info

Goldmoney Launches Ether and Bitcoin Cash Cold Storage

As cryptocurrency investing is becoming more mainstream, it keeps attracting wealthier and more cautious established players. To answer the need for enhanced security by such investors, one of the biggest names in the gold business, Goldmoney, has now expanded its bitcoin cold storage service to include ethereum and bitcoin cash. Also Read: Las Vegas Strippers Accept Bitcoin via QR Tattoos Goldmoney Expands Cold Storage Goldmoney, a precious metal investment service and payment network traded on the Toronto Stock Exchange (TSX:XAU), is expanding its bitcoin (BTC) cold storage […]

More info

Court Will Not Seize Crypto as Debt Payment from Bankrupt Citizen in Russia

The Moscow bankruptcy court has ruled that cryptocurrencies of a bankrupt debtor will not be seized to pay his creditors. The trustee for the case has failed to convince the judge to include the debtor’s cryptocurrencies in the bankruptcy estate. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Court Rejects Crypto in Bankruptcy Estate The Moscow Arbitration Court ruled this week that cryptocurrency cannot be used to pay creditors in the bankruptcy case of Russian citizen Ilya Tsarkov, who filed bankruptcy in October of last […]

More info

132 Customers File Class Action Lawsuit Against Coincheck

This week local Japanese news outlets report that the exchange Coincheck, who suffered from a $530Mn USD loss of the cryptocurrency NEM, is facing a class action lawsuit. Reports detail that 132 Coincheck customers have banded together asking for a refund of 228 million yen ($2Mn). Also read: Digital Currency Group Welcomes Bitcoin-Friendly Bank to the ‘DCG Family’ Coincheck Faces Another Class Action Lawsuit 132 investors have filed a lawsuit against Coincheck with the Tokyo District Court on February 27 according to the regional publication Sankei. Coincheck was […]

More info

Court Strikes Down Ban on 40 Bitcoin Sites in Russia

Saint Petersburg City Court has struck down a ban on 40 bitcoin related websites offering information about cryptocurrencies and exchange services in Russia. The ban was imposed by a district court in May last year, following a request from the Prosecutor’s Office. It prohibited the “spreading of information” about bitcoin, as well as buying and selling cryptos. Also read: Russian Authorities Criticized over Proposed Crypto Regulation Site Owners Win Important Battle In what seems to be a small, but important victory for the Russian crypto community, the […]

More info

PR: ValueCash Launches ICO That Allows Users to Earn as They Spend While Using Crypto to Pay for Goods & Services

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Many credit card companies offer the moon to consumers such as free gifts or reward spending programs, but those perks seemed to be missing in the world of Cryptocurrency, that is, until now. ValueCash is the first Cryptocurrency exchange ecosystem that rewards […]

More info

Offshore Tax Haven Marshall Islands to Issue National Cryptocurrency

A small island nation with less than 60,000 inhabitants best known internationally as a former test site for nuclear weapons is joining the hottest new trend – issuing a national cryptocurrency. The planned Marshall Islands’ Govcoin is expected to be issued later this year. Also Read: Europol: Hardcore Criminals Are Shifting From Bitcoin to Monero, Zcash and Dash Marshall Islands Govcoin ICO The Republic of the Marshall Islands plans to issue its own cryptocurrency as an official legal tender, to be known as the Sovereign. The local […]

More info
1 2,799 2,800 2,801 2,802 2,803 2,831