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Blockchain and cryptocurrency news from around the world

Asia

UNI jumps 15% after OKEx suspends withdrawals due to police investigation

Cryptocurrency exchange OKEx has suspended withdrawals from its platform indefinitely, as one of its multisig key holders has been held in police custody.

Priyeshu Garg · 1 week ago · 2 min read

$1.5 billion worth of Bitcoin from Mt. Gox hack might spook crypto markets

Victims of the infamous Mt Gox hack in 2014 are set to receive a record 150,000 Bitcoin reimbursement in the coming months.

Shaurya Malwa · 3 weeks ago · 2 min read

Blockchain at the center of Korean island’s $5 billion development plan

Won Hee-ryong, the governor of Korea’s Jeju island, has announced a $5 billion government investment plan focused on developing blockchain and IoT technologies.

Priyeshu Garg · 2 weeks ago · 2 min read

Ripple outlines four crucial steps to push cryptocurrencies in India

The Indian cryptocurrency market is teeming with entrepreneurs, funds, and tech know-how to create a vibrant crypto-ecosystem.

Shaurya Malwa · 3 months ago · 2 min read

Singapore bank says Bitcoin, crypto is “no more” the wild west

A prominent Singapore bank said Bitcoin and other public cryptocurrencies present a “new frontier” for contactless payments and digital money, one that’s past their days of being dismissed by bankers.

Shaurya Malwa · 2 months ago · 2 min read

Thailand

Thailand’s OmiseGo rebrands to OMG Network, Tether releases USDT noting Ethereum issues

Late on June 1, Thailand’s high-flying OmiseGo rebranded to OMG Network.

Shaurya Malwa · 5 months ago · 2 min read

Europe

Estonia

Blockchain-Issued Stock Provider DX.Exchange Patches User Data Leak

DX.Exchange, the Estonian exchange that rose to fame last week after launching tokenized United States equities on its platform, is facing scrutiny after a severe security vulnerability was discovered in its framework.

Shaurya Malwa · 2 years ago · 3 min read

France

Crypto-to-crypto trades remain tax exempt, says French finance minister

Crypto-to-crypto trades will remain tax exempt, iterated French finance minister Bruno Le Maire.

Mitchell Moos · 1 year ago · 2 min read

Germany

Crypto.com temporarily suspends European debit card program after Wirecard bankruptcy

Crypto dot com is temporarily suspending its Europe and United Kingdom issuances of MCO debit cards after its former card operator — Germany’s Wirecard AG — slipped into bankruptcy and filed insolvency this week.

Shaurya Malwa · 4 months ago · 2 min read

Gibraltar

UK crypto exchange Coinfloor first to receive Gibraltar blockchain license

Cryptocurrency exchange Coinfloor has received a blockchain license from the strictly regulated Gibraltar Financial Services Commission (GFSC), and is the first crypto exchange to do so since the Gibraltar government instituted its blockchain regulatory laws, according to Finance Magnates.

John Bogna · 2 years ago · 2 min read

Malta

OKEx pushing for global cryptocurrency exchange standards through self-regulated organization

OKEx launched an initiative to develop a global compliance standard for cryptocurrency exchanges.

Priyeshu Garg · 1 year ago · 2 min read

Netherlands

Move over BTC futures, the world’s accredited millionaires can now profit by mining Bitcoin

Bitcoin mining, long known as an obscure activity limited to cyberpunks and dominated by Chinese brands, can now be an alternative investment option for accredited investors looking to take a BTC bet.

Shaurya Malwa · 5 months ago · 2 min read

Spain

Burgers, beers and Bitcoin: This crypto-friendly cafe in Spain has it all

If you thought your local Starbucks or WeWork were great places for connecting with friends and colleagues, imagine being surrounded by truly like-minded people united by a common passion.

Christina Comben · 8 months ago · 3 min read

Switzerland

This Swiss bank is now paying out Bitcoin yield to account holders, but there’s a catch

Innovative Bitcoin products are not falling short of delivering this year, with institutional firms notching up one crypto product or other.

Shaurya Malwa · 4 months ago · 2 min read

Russia

Why are so many people in Eastern Europe using cryptocurrencies?

How did Russia, a country where cryptocurrencies are banned for use as payment, and Ukraine, where the asset class essentially exists outside of the law, rank the highest when it comes to crypto adoption? The latest Chainalysis report, where Eastern Europe was found to have the highest grassroots-level adoption of cryptocurrency despite being the fourth-largest […]

Priyeshu Garg · 3 weeks ago · 4 min read

U.K.

Isle of Man authorities publish guidance on Bitcoin and crypto businesses

The Isle of Man Financial Services Authority (IOMFSA) has published guidance setting out its position regarding the applicability of financial regulatory requirements to cryptocurrencies and tokens issued using blockchain technology, as per a release shared with CryptoSlate.

Shaurya Malwa · 1 week ago · 2 min read

Middle East

Israel

Is BLOCKTV’s upcoming IEO a cash grab or the future of crypto media?

At the end of October 2019, the blockchain-focused media company BLOCKTV announced the November 21, 2019, launch of its native cryptocurrency on Bittrex Global.

Liam Kelly · 12 months ago · 3 min read

Turkey

Mayor of Turkey’s pioneering blockchain city Konya named a keynote speaker at IstanBlock 2020

Uğur İbrahim Altay, the Mayor of Turkey’s pioneering blockchain city Konya, will speak at the upcoming IstanBlock 2020.

Christina Comben · 8 months ago · 3 min read

United Arab Emirates

Rolls-Royce, Gucci-flaunting scammers caught after FBI analyzes Bitcoin trail

Two Nigerian scammers were held last week after hatching an elaborate fraud to steal “$435 million around the world” using illicit emails, luxury brand showoffs, and Bitcoin.

Shaurya Malwa · 3 months ago · 3 min read

North America

U.S.

Bitcoin ETP volumes grew in October amidst institutional demand

Crypto exchange-traded products (ETP), institutional offerings that track the price of crypto assets like Bitcoin and Ethereum, saw their volumes increase by over 2.2% this month, as per a report by CryptoCompare.

Shaurya Malwa · 6 days ago · 2 min read

Canada

Bank of Canada raises concerns and risks around digital currencies

Bank of Canada analysts raised concerns over the use of Central Bank Digital Currencies (CBDCs) as countries around the world weight the use of digital tokens instead of paper-based money.

Shaurya Malwa · 3 weeks ago · 2 min read

New York

There’s a new Congressional candidate in New York, and he’s bullish on Bitcoin and crypto

Bitcoin and cryptocurrencies have become a growing force in the economy, with some of the world’s biggest investors and innovators entering the space.

Nick Chong · 5 months ago · 2 min read

San Francisco

Coinbase generated more operating profit from transaction fees than VC money

Coinbase, one of the largest cryptocurrency exchanges in the United States, has generated nearly $2 billion from transaction fees alone since its launch in 2012, CEO Brian Armstrong said.

Priyeshu Garg · 1 year ago · 2 min read

Seattle

Mark Cuban-backed $31 million ICO “Unikrn” agrees to US SEC fines

Unikrn, a Seattle-based e-sports platform, has agreed to pay a $6 million fine to settle a complaint by the US Securities and Exchange Commission that said it raised $31 million by selling unregistered securities, according to a release.

Shaurya Malwa · 1 month ago · 2 min read

Wyoming

Cardano’s-Parent IOHK donates $500,000 to the University of Wyoming

IOHK, the company behind the Cardano project, has donated $500,000 to the University of Wyoming.

Priyeshu Garg · 8 months ago · 2 min read

Oceania

Australia

Aglive launches farm-to-consumer blockchain-based app to tackle food fraud

Aglive, an Australian product traceability platform, has launched a blockchain-based mobile app that will allow consumers to see the source and journey of the products they consume.

Priyeshu Garg · 1 month ago · 2 min read

South America

Venezuela

These countries are leading Bitcoin adoption, and it’s not the US

The current economic superpowers would have been a surefire bet some years ago to lead blockchain and cryptocurrency adoption in the world.

Shaurya Malwa · 2 months ago · 2 min read

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