Japanese Regulator Confirms 8 Crypto Exchanges Want Out, 100 Want In
The Japanese financial regulator has confirmed that so far eight companies have expressed the intention to withdraw their applications to operate cryptocurrency exchanges. Meanwhile, about 100 more companies are seeking to enter the market. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space FSA Confirms Eight Want Out The Japanese Financial Services Agency (FSA) held a study group to discuss the state of...
Taxis Take BCH, Stores Sell BTC in the Russian City of Rostov
Residents of Rostov, the Russian port city on the Don River, are enjoying a growing number of bitcoin-related services. Some crypto-savvy taxi drivers have started accepting Bitcoin Cash (BCH), and several BTC teller machines have been installed in supermarkets. All that happens while officials in Moscow are still mulling over the legislation needed to regulate cryptocurrencies. Also read: Russians Owe 13% Tax on Their Crypto Incomes...
Indian Exchange Postpones Repaying Stolen Bitcoins – No Permission From Authorities
India’s cryptocurrency exchange Coinsecure has announced that it cannot repay customers their stolen bitcoins at this time. The exchange claims that while investigations are underway, permissions are needed from the authorities to start the claims process which it has not yet received. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Repayment Delayed Indian exchange Coinsecure has updated users regarding the...
Binance to Invest $15 Million in Bermuda as Crypto Regulations Advance
While some governments say they see the potential future benefits of a local cryptocurrency hub, more proactive jurisdictions are already reaping the rewards. The latest example comes from Bermuda, which is rapidly advancing its receptive crypto regulations and strengthening the local economy. Also Read: Hong Kong Alcohol Company Buys 51% of Bitcoin Miner for $60 Million Binance Brings Jobs, Education and Investment The Premier...
Iran Continues to Develop State Cryptocurrency Despite Central Bank Ban
Iran has been developing its own cryptocurrency, a project which has yielded an experimental local crypto, despite the country’s central bank banning banks from dealing with cryptocurrencies. Iran’s Information and Communications Technology Minister has shed light on the project, commented on its alleged use to evade sanctions, and clarified the central bank’s action. Also read: Yahoo! Japan Confirms Entrance...
