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Blockchain and cryptocurrency news from around the world

Asia

Early crypto exchange boss says China remains 50/50 on outright Bitcoin ban

The co-founder and former CEO of crypto exchange BTCC, Bobby Lee, said Beijing could move to ban Bitcoin entirely.

Two Japanese firms turn to Ripple (XRP) tech to power remittances

SBI Remit, a subsidiary of Japanese financial and services conglomerate SBI, and Hamamatsu Iwata Credit Bank, a regional credit union, will soon use Ripple for powering remittance services.

Shaurya Malwa · 4 weeks ago · 1 read

33 face heat in Korea over alleged $1.48 billion in crypto transfers

Seoul’s Central Customs has prosecuted, fined, or is currently investigating 33 individuals who were allegedly involved in 1.69 trillion won ($1.48 billion) worth of illegal overseas cryptocurrency transactions in South Korea, The Korea Times reported today.

Liam Frost · 3 weeks ago · 2 min read

India

How India is emerging as a hub of blockchain and DeFi innovation

The fintech community has often viewed innovation and regulation as opposing forces, and cryptocurrency is no different.

Manoj Sharma · 3 weeks ago · 4 min read

Singapore

Southeast Asia’s largest bank sees tenfold crypto trading volume growth in Q1

Trading volumes on DBS Digital Exchange, an institutional crypto trading platform launched by Singapore’s largest bank DBS in December, have increased tenfold over the last quarter, DBS CEO Piyush Gupta revealed in a media briefing.

Liam Frost · 3 months ago · 2 min read

Thailand

Thai SEC orders exchanges to delist Dogecoin, Shiba Inu, NFTs, and ‘fan’ tokens

The Thailand Securities and Exchange Commission (SEC), the nation’s capital markets watchdog, banned the trading of memecoins like Dogecoin and Shiba Inu, non-fungible tokens (NFTs), and other unclear assets over the weekend.

Shaurya Malwa · 1 month 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 · 3 years ago · 3 min read

France

Ledger data leak leaves crypto community furious, here’s what to do next

Ledger, the popular hardware wallet, said today that data belonging to over 1 million customers was leaked on a hacker forum.

Shaurya Malwa · 7 months ago · 2 min read

Germany

German bank that went nearly bankrupt in 2019 says Bitcoin is ‘wishful thinking’

Last week’s crypto market meltdown has proved yet again that “the value of Bitcoin is entirely based on wishful thinking,” according to a research note recently published by Deutsche Bank analysts.

Liam Frost · 2 months ago · 2 min read

Gibraltar

Currency.com CEO on the pros and cons of regulated exchanges, crypto predictions for 2021 and more

CryptoSlate recently had the opportunity to chat with Jonathan Squires, the CEO of Currency dot com, a top platform for digital asset trading with a broad spectrum of fiat and crypto on-ramps.

CryptoSlate Interviews · 7 months ago · 1 read

Malta

First regulated Maltese project to integrate blockchain-based AI services with Belgian retail chain

The first Malta VFAA-regulated blockchain project VAIOT this week signed a deal with one of the leading retail shop networks in Belgium, SupraBazar, to use its blockchain-based AI voice commerce solution within the retail e-commerce platform.

News Desk · 5 months ago · 3 min read

Netherlands

Dutch economic advisor calls for a Bitcoin ban

An official of the Central Planning Bureau (CPB), an independent, publicly financed policy arm that advises the government of the Netherlands, said today that Bitcoin and other cryptocurrencies should be banned in the country.

Shaurya Malwa · 2 months ago · 2 min read

Spain

Atani CEO on the challenges of building a trading terminal, the future of crypto and more

CryptoSlate recently had the opportunity to chat with Paul Barroso, the co-founder and CEO of Atani.

CryptoSlate Interviews · 4 months ago · 1 read

Switzerland

Swiss committee proposes banks hold a dollar for every dollar in Bitcoin exposure

Basel regulators said today that banks face the “most risk” from Bitcoin and other cryptocurrencies as they are tools for money laundering and a threat to the broader financial market.

Shaurya Malwa · 2 months ago · 1 read

Russia

Why the Russian Prime Minister wants to “protect” Bitcoin and crypto users

Russia has enjoyed an on-and-off relationship with cryptocurrencies, with ever-changing regulations and official perceptions fluctuating between periods of yes crypto and no crypto.

Shaurya Malwa · 8 months ago · 2 min read

U.K.

Dogecoin, Musk, and $60 million NFT froth: Why Ruffer sold $1bn in Bitcoin

Ruffer Investment Company Limited invested roughly $600 million in Bitcoin (BTC) in November 2020 but sold its exposure in April, while the crypto was still pumping and its price fluctuated between $50,000 and $65,000, profiting more than $1 billion in about five months. According to Ruffer’s year-end review for the 12 months ending June 30, […]

Ana Grabundzija · 4 days ago · 2 min read

Middle East

Israel

Bank of Israel uses Ethereum blockchain for upcoming ‘digital shekels’

A report from Israel-based Globes today stated that the apex bank of Israel plans to internally test its upcoming digital shekel on the Ethereum blockchain.

Oluwapelumi Adejumo · 1 month ago · 2 min read

Turkey

Turkey considers crypto regulation following the collapse of two exchanges

Turkish authorities are planning to start regulating the cryptocurrency space in the country after two local crypto exchanges allegedly conducted an “exit scam” within a week, as per a report on business news outlet Bloomberg yesterday.

Liam Frost · 3 months ago · 2 min read

United Arab Emirates

Ripple helps establish payments corridor between Egypt and UAE

The National Bank of Egypt (NBE) has partnered with Ripple (XRP) to establish a cross-border payments corridor with the United Arab Emirates via RippleNet, according to a press release published on Tuesday.

Liam Frost · 2 months ago · 2 min read

North America

U.S.

Congressman Tom Emmer quashes talk that ‘Fed Coin’ would spy on citizens

Speaking to Forbes, Congressman Tom Emmer dismisses the notion of a Fed Coin showdown with cryptocurrency.

Samuel Wan · 22 mins ago · 2 min read

Canada

New electric car ‘Spiritus’ will mine Dogecoin and Bitcoin while parked

Daymak, a Toronto-based manufacturer of personal light electric vehicles announced yesterday the first car built to mine cryptocurrencies like Bitcoin, Dogecoin, and others while parked.

Ana Grabundzija · 2 months ago · 2 min read

New York

Goldman Sachs announces Ethereum futures, institutional interest grows

US multinational bank Goldman Sachs Group Inc plans to offer trading in Ethereum (ETH) futures, the company’s global head of digital assets, Mathew McDermott, told Bloomberg.

Ana Grabundzija · 1 month ago · 2 min read

San Francisco

Early Ethereum designer to host DeFi Whiteboarding Weekend in the Bay Area

The Bay Area will be host to a new event, Defi Discussions Whiteboarding Weekend, focused on whiteboarding with “some of the brightest folks in the Bay Area DeFi scene”.

Atul Ajoy · 2 months ago · 2 min read

Seattle

Here’s how the SEC-registered robo-advisor platform Makara is simplifying crypto investing

Makara, an SEC-registered cryptocurrency ‘robo-advisor,’ has launched the waitlist for its crypto investing platform, it shared in a release with CryptoSlate.

Shaurya Malwa · 4 months ago · 2 min read

Wyoming

Wyoming legally recognizes EOS-based DAO in historic move

The US state of Wyoming legally recognized The American CryptoFed DAO on Sunday, as per a release.

Shaurya Malwa · 3 weeks ago · 2 min read

Oceania

Australia

‘Green’ Bitcoin miner Iris Energy doubles its fundraise ahead of IPO

A firm from Australia that uses renewable energy to mine Bitcoin (among other businesses) has raised two times the intended capital in a recent round.

Shaurya Malwa · 5 months 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 · 11 months ago · 2 min read

XRP

Bitcoin

Tether

Stellar

THORChain

Binance Coin

Decentraland

Dogecoin

Ethereum

Coinbase

Stellar Development Foundation

Binance

BitMEX

FTX

Currency.com

Elon Musk

Changpeng Zhao

Jack Dorsey

Bobby Lee

Vitalik Buterin