CEO of Romanian Exchange Coinflux Arrested on US Warrant

December 16, 2018 Lubomir Tassev 0

CEO of Romanian Exchange Coinflux Arrested on US WarrantPolice in Romania have detained the founder and CEO of Coinflux, one of the country’s major cryptocurrency exchanges. Vlad Nistor has been arrested on a warrant issued by U.S. authorities accusing him of a number of crimes, including the defrauding of American citizens. A court in Bucharest is currently reviewing the extradition request. Also read: […]

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The Daily: Japan Calls All Coins ‘Crypto Assets’, Russia Defines Cryptocurrency as Property

December 15, 2018 Lubomir Tassev 0

The Daily: Japan Calls All Coins ‘Crypto Assets’, Russia Confirms Their Property StatusThe Financial Services Agency of Japan has resolved to refer to cryptocurrencies as “crypto assets” in order to prevent confusion with legal tender. Also in The Daily, the Justice Ministry in Moscow has confirmed that it classifies digital coins as “other property.” Finally, according to a recent report, stablecoins have seen significant growth over the […]

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Bahrain’s Central Bank Issues Draft Crypto Regulations

December 14, 2018 Lubomir Tassev 0

Bahrain’s Central Bank Issues Draft Crypto RegulationsThe Central Bank of Bahrain (CBB) has prepared draft rules designed to regulate digital assets and certain aspects of the country’s crypto industry. The move aims to establish Bahrain as a regional leader in the fintech sector and restore its role as a major banking hub in the Persian Gulf.   Also read: New Bitcoin […]

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New Bitcoin ATM Tracker Site Launches in Russia

December 14, 2018 Lubomir Tassev 0

New Bitcoin ATM Tracker Site Launches in RussiaA new website showing a map of cryptocurrency teller machines and other points of sale has been launched in Russia. The platform currently provides information about bitcoin ATM locations in the city of Moscow but its developers plan to expand its coverage globally. Also read: French Lawmakers Propose Lower Electricity Rates for Cryptocurrency Miners Cryptocoinmap […]

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French Lawmakers Propose Lower Electricity Rates for Cryptocurrency Miners

December 14, 2018 Lubomir Tassev 0

French Lawmakers Propose Lower Electricity Rates for Cryptocurrency MinersTwo French legislators have made a number of proposals aimed at turning France into a leading force in the development of the industry built around cryptocurrencies. One of the ideas is to allow crypto mining companies to take advantage of preferential electricity prices. Also read: Ukrainian Village Distributes Dividends From Crypto Investment ‘France Must Have […]

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Study Finds Less Than 15% of Team Members in ICO Startups Are Women

December 13, 2018 Lubomir Tassev 0

A new study confirms the crypto industry has a lot of progress to make to bridge the gender gap. It shows that startups conducting ICOs are still markedly male-dominated – over 85 percent of the team members in the surveyed companies are men. The data also suggests women are even less likely to hold executive […]

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New Platforms Track Major Stablecoin Markets

December 11, 2018 Lubomir Tassev 0

New Platforms Track Major Stablecoin MarketsThe birth of more stablecoins, which has coincided with significant market losses for traditional cryptocurrencies, has drawn attention to these fiat-pegged digital assets. Dedicated platforms are now aggregating statistical data about stablecoin markets for the benefit of traders. Also read: Chat Bot Advises Crypto Startups and Investors The Stablecoin War Is Heating Up The last […]

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Ukrainian Village Distributes Dividends From Crypto Investment

December 11, 2018 Lubomir Tassev 0

Ukrainian Village Distributes Dividends From Crypto InvestmentDespite the market slump, the head of а village council in Ukraine has managed to earn profit from a cryptocurrency investment he made on behalf of the residents of the Elizavetovka, Dnipropetrovsk region. Earlier this year, Maxim Golosnoy bought a small amount of cryptocurrency using his own savings and has recently distributed dividends to the […]

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Wirex Introduces Iban for All European Crypto Card Accounts

December 10, 2018 Lubomir Tassev 0

Wirex Introduces Iban for All Euro AccountsCryptocurrency debit card provider Wirex has introduced Iban support for all EUR accounts in the past few weeks. Users in the European Economic Area (EEA) are now able to fund their accounts by bank transfer and receive euro payments. They can also have their salary deposited directly into their Wirex account.   Also read: Australian […]

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The Daily: Trustology Raises $8 million, SEC Fines Crypto Fund Coinalpha

December 9, 2018 Lubomir Tassev 0

The Daily: Trustology Raises $8 million, SEC Fines Crypto Fund CoinalphaU.K.-based startup Trustology, which develops storage solutions for digital assets, has raised $8 million in funding and we’ve got the news in this edition of The Daily. We also look at the SEC’s decision to fine another crypto company for breaching U.S. securities laws and HTC’s decision to have Brave as the default web browser […]

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Australian Company Issues Loans Backed by Cryptocurrencies

December 9, 2018 Lubomir Tassev 0

Australian Company Issues Loans Backed by CryptocurrenciesA Melbourne-based company is now offering crypto-backed loans. Helio operates under an Australian Credit License (ACL) issued by the Australian Securities and Investments Commission (ASIC). In the current bear market, cryptocurrency holders can borrow fiat money and keep their digital coins for better times.    Also read: Chat Bot Advises Crypto Startups and Investors Helio […]

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The Daily: Binance Offers Multiple Accounts, Huobi Plans Institutional Exchange

December 8, 2018 Lubomir Tassev 0

The Daily: Binance Offers Multiple Accounts Feature, Huobi Plans Exchange for InstitutionsIn this edition of The Daily, cryptocurrency exchange Binance has announced support for multiple accounts and we’ve got all the details. Elsewhere, digital asset exchange Huobi wants to launch a regulated platform for institutional investors under its Gibraltar license. Finally, we cover a warning about an unauthorized crypto brokerage that has been issued by regulators […]

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The Daily: Coinbase Adds Paypal Withdrawals, Gazprombank to Manage Crypto Assets

December 7, 2018 Lubomir Tassev 0

The Daily: Coinbase Adds Paypal for Withdrawals, Gazprombank to Manage Crypto AssetsIn this edition of The Daily, Coinbase customers in certain regions can now link their Paypal accounts to withdraw fiat and sell cryptocurrencies. Also, Russia’s third-largest bank is working to launch a digital asset management service in Switzerland, and Koinex, India’s leading crypto exchange, has set up a new development center in Bengaluru, the country’s […]

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Report: Troubled Crypto Exchange Wex Finds New Owner

December 6, 2018 Lubomir Tassev 0

Report: Troubled Crypto Exchange Wex Finds New OwnerCryptocurrency exchange Wex, successor of the infamous BTC-e, has a new owner. Dmitry Havchenko, a former Ukrainian entrepreneur turned separatist fighter, has reportedly bought the coin trading platform through a family member. He now wants to restore it and also to track down the lost “Vinnik’s treasure.” Also read: BTC-e Operator Alexander Vinnik to Go […]

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The Daly: Poloniex Offers Institutional Accounts, Okex Launches ‘Perpetual Swap’

December 6, 2018 Lubomir Tassev 0

The Daly: Poloniex Offers Institutional Accounts, Okex Launches Perpetual SwapCryptocurrency exchange Poloniex is now offering institutional accounts and we’ve covered the announcement in The Daily. Also, Okex is launching a new derivative product, while crypto derivatives exchange Erisx has raised $27.5 million and Nasdaq has confirmed that it’s planning to launch bitcoin futures next year.   Also read: Binance Shows DEX Preview, Ohio to […]

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Chat Bot Advises Crypto Startups and Investors

December 5, 2018 Lubomir Tassev 0

Chat Bot Advises Crypto Startups and InvestorsThree Ukrainian companies have developed an English-language chat bot that provides consulting services to businesses and investors in the crypto industry. The AI-based platform, Ailo, offers a range of automated services but it can also deal with cases that require human intervention and professional legal advice. Also read: Russian Marketplace Allows Users to Sell Items […]

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Crypto Valley Leadership Steps Down After Governance Review

December 4, 2018 Lubomir Tassev 0

Swiss Crypto Valley Association Leadership Steps Down After Governance ReviewMore than half of the members of Switzerland’s Crypto Valley Association (CVA) board have announced their decision to step down in January. The news comes after reports about governance issues and allegations of conflicts of interest in the leadership of the growing organization. Also read: Estonia to Tighten Rules for Licensed Crypto Companies Four CVA […]

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Russian Marketplace Allows Users to Sell Items Priced in Cryptocurrency

December 3, 2018 Lubomir Tassev 0

Marketplace With Items Priced in Cryptocurrency Gains Popularity in RussiaA new Russian online marketplace that allows users to buy and sell goods and services priced in cryptocurrency has rapidly expanded in recent months. The Mentalmarket website has been publishing a growing number of ads in a dozen categories, from “cryptoindustry” to “real estate.”  Also read: Russian Miners Sell Their Equipment Amid Market Plunge Audis […]

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The Daily: Belarus Adopts New Regulations, Galaxy Digital Releases Q3 Results

December 1, 2018 Lubomir Tassev 0

The Daily: Belarus Adopts New Regulations, Galaxy Digital Releases Q3 ResultsIn this edition of The Daily, we look at the latest regulatory development in Europe – Belarus High Technologies Park has adopted new regulations for cryptocurrency companies. We also cover Galaxy Digital’s report into its third quarter financial results and an alert issued in Texas about a new scam promising refunds to Bitconnect investors.   […]

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Estonia to Tighten Rules for Licensed Crypto Companies

December 1, 2018 Lubomir Tassev 0

Estonia to Tighten Rules for Licensed Crypto CompaniesEstonia, one of Europe’s most crypto-friendly nations, plans to tighten its licensing regime for cryptocurrency companies. The financial authorities in Tallinn want to introduce stricter regulations for fintech businesses registered in the Baltic country.   Also read: Binance Terminates Services for Users in Belarus Regulators to Increase Oversight The Financial Intelligence Unit, the Estonian regulator […]

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The Daily: Kucoin Enables Credit Card Payments, Coinbase Pro Adds Zcash

November 30, 2018 Lubomir Tassev 0

The Daily: Kucoin Enables Credit Card Payments, Coinbase Pro Ads ZcashDigital asset exchange Kucoin has partnered with an Israeli startup to introduce credit card payments for cryptocurrency purchases and we’ve covered it in The Daily. Also, Coinbase has added privacy coin zcash to its professional trading platform, while Okex has delisted dozens of trading pairs with low liquidity. And in Ghana, over 100,000 investors have […]

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Binance Terminates Services for Users in Belarus

November 29, 2018 Lubomir Tassev 0

Binance Terminates Services for Users in BelarusCryptocurrency exchange Binance has informed Belarusian customers that its services will no longer be available in their country. The announcement follows reports of similar restrictions for residents of other nations under economic sanctions, such as the Islamic Republic of Iran and Zimbabwe. Also read: Russian Miners Sell Their Equipment Amid Market Plunge Belarusians Lose Access […]

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Russian Miners Sell Their Equipment Amid Market Plunge

November 27, 2018 Lubomir Tassev 0

Russian Miners Sell Their Equipment Amid Market PlungeA growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages. Also read: Bitcoininfo.ru Wins Court Case Against Ban Russian Miners Selling Used Hardware Amateur mining used to be very […]

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The Daily: Bitfinex Raises Fiat Withdrawal Fee, New Hardware Wallet Announced

November 26, 2018 Lubomir Tassev 0

The Daily: Bitfinex Raises Fiat Withdrawal Fee, New Hardware Wallet AnnouncedCrypto exchange Bitfinex has raised the minimum fee for fiat currency bank wire withdrawals and we’ve covered the details in The Daily. We also look at a San Diego-based company’s new hardware cryptocurrency wallet and the decision of one of Portugal’s leading football clubs to issue its own token. Also read: US Defense Department Probes Blockchain, […]

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