Tag: bitcoin

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Gaming Might Spur Crypto Adoption, But People Need Fun Games First

While gaming might become another great way to spur crypto adoption, people won’t play games just because they come with crypto, says an investor. Arianna Simpson, the founder of an investment fund focused on cryptocurrencies and digital assets, Autonomous Partners, tweeted that games are much more than that today: they are virtual world with their…
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Japan Tells Tax Bodies to Stop Seizing Crypto + More Crypto News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news The Japanese cabinet has ruled that local authorities may not seize cryptocurrency holdings in the case of individuals that default on their tax payments. The cabinet also says  Read…
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Red Cross Deploys Blockchain to Boost Communities’ Economic Resilience

Three national units of the Red Cross are backing a blockchain-based currency scheme to enhance aid delivery and boost local economies. Three national units of the Red Cross — the largest humanitarian donor after the United Nations — are backing a blockchain-based currency scheme to enhance aid delivery and boost local economies. According to a…
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Bitmain-Backed Cryptocurrency Startup Matrixport to Open Zurich Office

Bitmain-backed Matrixport will extend its trading, lending and custody services in Switzerland through its new Zurich office. Matrixport, a Singapore-based crypto startup launched by former Bitmain CEO Jihan Wu, will expand its services from Asia to Europe through its new Zurich office. Registered under the name of Chaintech in Switzerland, Matrixport will begin offering its…
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Goldman Sachs Alumnus: China Will Eventually Legalize Crypto Exchanges

Before China legalizes cryptocurrency exchanges, crypto must become “a real asset class,” according to a co-founder of a Singapore based hedge fund, Spartan Capital. “There is nothing sinister or worrying about this round of crackdown, nor is this the first time it has happened in China,” but “if crypto evolves into a real asset class…
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South Korea Might Send Cryptocurrency Exchange AML Offenders to Jail

South Korean regulators and parliamentarians are rapidly building up a legal framework that will help them police cryptocurrency exchanges, with non-compliant exchange operators potentially facing jail time. Per news outlet Ilgan Today, the regulatory Korea Financial Intelligence Unit is seeking to amend the country’s key piece of anti-money laundering (AML)  Read more »Pay/Trade/Buy Bitcoin with…
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BitBay Also Delists Monero, Citing Money Laundering Concerns

Source: iStock/isa_ozdere Poland-headquartered, Central and Eastern Europe-focused cryptocurrency exchange BitBay said it will delist Monero (XMR) early next year. The exchange announced on Monday that, come February 19 2020, it will end its trading support with this privacy-focused digital currency. When that moment comes, XMR buy / sell orders requested before the end of the…
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BitBay Crypto Exchange to Delist Monero Due to Money Laundering Concerns

Cryptocurrency exchange BitBay will delist privacy-centric cryptocurrency Monero in 2020 due to money laundering concerns. Cryptocurrency exchange BitBay will delist privacy-centric cryptocurrency Monero (XMR) due to money laundering concerns. The exchange announced the decision on Nov. 25, noting that the delisting will take place on Feb. 19, 2020. The exchange explained its decision “Monero (XMR)…
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ECB Board Member: Global Stablecoins Pose Risks to a ‘Fragmented’ Europe

European Central Bank board member Benoit Coeure has warned that global stablecoins remain untested and raise potential risks across multiple policy domains. European Central Bank (ECB) board member Benoit Coeure has warned that global stablecoins remain untested and raise potential risks across multiple policy domains.   Coeure, a member of the ECB’s Executive Board, made…
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MATIC Up 100% in 10 Days — Why Are Binance IEOs Starting to Pump?

Binance IEO tokens such as MATIC and ONE have been flashing bullish signals amid some impressive price gains in recent days. As everybody focuses on the recent price action of Bitcoin (BTC), some other cryptocurrencies are deciding to break out of their long term downtrend. Notably, Initial Exchange Offerings (IEOs) and Binance IEOs, in particular. …
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