Malaysian Government Still Undecided on Crypto’s Legal Status
Jan12

Malaysian Government Still Undecided on Crypto’s Legal Status

The legal status of cryptocurrency remains an open question in Malaysia as the government has yet to make a final determination on the subject, according to recent reports from Malaysian media outlet Malay Mail.

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Bitcoin Below $4k, Top 20 Coins See Red
Jan10

Bitcoin Below $4k, Top 20 Coins See Red

The last 24 hours has seen Bitcoin drop below $4k, with more than $11 billion dollars wiped from the total market capitalization, according to data procured from CoinMarketCap.

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Japan’s FSA Reportedly Exploring Interest in Crypto ETF Approval
Jan07

Japan’s FSA Reportedly Exploring Interest in Crypto ETF Approval

The Japanese Financial services Agency (FSA) is currently assessing interest in cryptocurrency exchange-traded funds, according to a January 6 report from Bloomberg. The report cites information obtained from a “person familiar with the matter” and comes on the heels of regulators’ rejection of cryptocurrency futures and options.

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Overstock Announces it Will Pay Some Ohio State Taxes Using Bitcoin
Jan05

Overstock Announces it Will Pay Some Ohio State Taxes Using Bitcoin

In 2018, the state of Ohio announced a new option to allow the state’s businesses to use Bitcoin to pay certain tax obligations. This week, Overstock announced that it will use that new option to pay the company’s Commercial Activity Tax (CAT).

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NY Crypto Task Force Given Two Years to Study Crypto Issues
Jan03

NY Crypto Task Force Given Two Years to Study Crypto Issues

Last month, New York Governor Andrew Cuomo signed the Digital Currency Study Bill, which created a cryptocurrency task force to study critical issues related to regulation and use of digital currency and blockchain technology. That task force is expected to issue its report by December 15, 2020, nearly two years from now.

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Newsweek Offers Three Predictions for Crypto in 2019
Dec31

Newsweek Offers Three Predictions for Crypto in 2019

With 2018 coming to its end, it was inevitable that experts, media observers, and others would offer their best predictions for cryptocurrency’s future in the new year. Newsweek has done just that in a December 31st article that presents a fairly optimistic outlook for the industry’s prospects in 2019.

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New Survey of Chinese Reveals Broad Crypto Awareness and Interest in Investing
Dec30

New Survey of Chinese Reveals Broad Crypto Awareness and Interest in Investing

The Chinese government’s efforts to rein in the cryptocurrency phenomenon within China has been ongoing for many months now, but a new survey from PANews suggests that the crackdown has done little to deter the Chinese people’s interest in digital currency. The survey collected 4,200 valid questionnaires from nearly 5,000 respondents, and revealed that many Chinese still have cryptocurrency on their minds.

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Payoneer CEO Dismisses Idea of Non-Fiat Global Currency
Dec29

Payoneer CEO Dismisses Idea of Non-Fiat Global Currency

Digital currency advocates envision a future in which people everywhere have access to cryptocurrency that is neither controlled nor directly influenced by any centralized authority. Many of them dream of a world where fiat currencies are replaced by a global cryptocurrency. In a recent conversation with CNBC Make It, however, Payoneer CEO Scott Galit suggested that the idea is unrealistic:

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Coinbase Moves Record $5 Billion Transaction
Dec21

Coinbase Moves Record $5 Billion Transaction

Cryptocurrency exchange and online wallet Coinbase have announced what the company claims is the largest cryptocurrency transfer to date in a Dec. 19 blog post.

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Greek High Court Upholds Ruling Supporting French Extradition Request for Alleged Bitcoin Fraudster Vinnik
Dec19

Greek High Court Upholds Ruling Supporting French Extradition Request for Alleged Bitcoin Fraudster Vinnik

The ongoing legal saga of accused Bitcoin launderer and fraudster Alexander Vinnik continued Wednesday, as Greece’s Supreme Court upheld a Thessaloniki court ruling honoring France’s extradition request. Previously, the high court has ruled in favor of extradition requests from both the United States and Russia.

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Tim Draper Backed Payment Processor Closes Seed Funding
Dec19

Tim Draper Backed Payment Processor Closes Seed Funding

Bitcoin payment processor, OpenNode announced Dec. 18 that the company has secured seed funding, with participation of Tim Draper.

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Coinbase Adds Crypto-to-Crypto Trading Pairs
Dec18

Coinbase Adds Crypto-to-Crypto Trading Pairs

Cryptocurrency exchange Coinbase has opened direct cryptocurrency-to-cryptocurrency trading markets for its retail customers, according to a Dec. 17 report by Coindesk.

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Japan’s FSA to Categorize Digital Currencies As “Crypto-Assets”
Dec17

Japan’s FSA to Categorize Digital Currencies As “Crypto-Assets”

As part of an effort to prevent people from confusing digital currencies with government-issued legal tender, Japan’s Financial Services Agency (FSA) has decided to categorize digital currencies as crypto-assets, according to reports that cite details learned by Japanese newspaper Yomiuri Shimbun.

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DNotes Global Inc Announces Release of DNotes Trading Bot
Dec15

DNotes Global Inc Announces Release of DNotes Trading Bot

DNotes Global, Inc. today announced the release of DNotes Bot, a trading bot designed to assist cryptocurrency exchange traders by providing automated trading for buy and sell orders.

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Coincheck President: Crypto Market Slump Impacting Exchange’s Post-Hack Recovery
Dec13

Coincheck President: Crypto Market Slump Impacting Exchange’s Post-Hack Recovery

Coincheck President Toshihiko Katsuya told reporters on Wednesday that the ongoing slump in Bitcoin’s price has negatively impacted the exchange’s ability to regain its footing since being hacked earlier this year, the Nikkei Asian Review reports.

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Nearly 6,000 Crypto Money Laundering Cases Reported in Japan from Jan-Oct
Dec08

Nearly 6,000 Crypto Money Laundering Cases Reported in Japan from Jan-Oct

Officials from Japan’s National Policy Agency say that they received about 6,000 cryptocurrency-related money-laundering reports from January to October 2018, according to a December 7 report from Japan Today. The number represents a significant increase over last year’s reported cases:

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SEC Commissioner: Bitcoin ETF Could Take Years
Dec06

SEC Commissioner: Bitcoin ETF Could Take Years

A commissioner from the U.S Securities and Exchange Commission (SEC) has said that institutionalization of cryptocurrency will happen but ceded that crypto advocates shouldn’t hold their breath when it comes to waiting for the approval of cryptocurrency Exchange Traded Funds (ETF).

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US Congressman to Introduce Crypto and ICO Regulation Legislation
Dec05

US Congressman to Introduce Crypto and ICO Regulation Legislation

Congressman Warren Davidson (R-OH) has reportedly announced his intention to introduce legislation to enable more effective federal regulation of cryptocurrency and ICOs, according to Cleveland.com. Davidson made the announcement on Monday, during the Blockland Solutions conference.

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South Korean Finance Minister Nominee Says Govt Will Tax Crypto
Dec03

South Korean Finance Minister Nominee Says Govt Will Tax Crypto

South Korean finance minister nominee Hong Nam-ki reportedly suggested that the government will draw up plans to tax digital currencies, according to reports from the Korea Times. The Times quoted recent written remarks Hong submitted as part of his confirmation process:

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US Treasury Includes Crypto Address Identifiers in New Sanctions
Nov30

US Treasury Includes Crypto Address Identifiers in New Sanctions

The United States Treasury Department broke new ground this week as it included cryptocurrency addresses for two targets of U.S. sanctions related to an Iranian ransomware scheme. The sanctions were placed on two men who allegedly laundered millions in Bitcoin payments made as a result of the SamSam ransomware attack that reportedly affected more than 200 victims who were forced to pay more than $6 million in ransom.

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