Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges
Jan12

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

The Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized Alexei Moiseev. The Russian Deputy Finance Minister Alexei Moiseev told reporters that his ministry “supports the...

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Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland
Jan12

Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland

For centuries Switzerland was known around the world for its tradition of banking secrecy, but now a new financial industry is taking root in the country. Local leaders tried to establish a cryptocurrency hub, and their latest catch is Chinese bitcoin mining giant Bitmain, which expanded to a new location in the picturesque Swiss canton of Zug. Also Read: Australian Taxation Office Creates Task Force to Go After Bitcoin Traders...

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Notorious Domain XBT.com Goes up for Sale at 200 BTC
Jan12

Notorious Domain XBT.com Goes up for Sale at 200 BTC

XBT.com, one of the web’s most desirable domain names, is up for sale. Its current owners, XBT Holding SA, are seeking 200 BTC – or about $2.9 million – for the site. The domain is coveted partially because XBT is the abbreviation that many institutional trading platforms use for bitcoin, and also on account of the site’s notoriety, having been linked to the hacking of the US Democratic Party. Also...

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Bitstamp Is Asking Users Who Want to Withdraw a Lot of Questions
Jan12

Bitstamp Is Asking Users Who Want to Withdraw a Lot of Questions

Customers of Slovenia’s Bitstamp exchange are being forced to jump through hoops to meet an unprecedented level of compliance. A widely circulated image, purporting to reveal Bitstamp’s enhanced KYC procedure, has been attracting a lot of attention. The document requests screenshots of other cryptocurrency exchange profiles, bank account statements showing fiat deposits to third party exchanges, and signed messages from...

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Coalition Against Piracy Launches Landmark Case Against ‘Pirate’ Android Box Sellers
Jan12

Coalition Against Piracy Launches Landmark Case Against ‘Pirate’ Android Box Sellers

In 2017, anti-piracy enforcement went global when companies including Disney, HBO, Netflix, Amazon and NBCUniversal formed the Alliance for Creativity and Entertainment (ACE). Soon after the Coalition Against Piracy (CAP) was announced. With a focus on Asia and backed by CASBAA, CAP counts many of the same companies among its members in addition to local TV providers such as StarHub. From the outset, CAP has shown a keen interest in...

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