Source: Instagram, Binance Major cryptocurrency exchange Binance is allegedly allowing some users from the U.S. to trade on the Binance.com platform, instead of Binance.US. Though trading on Binance.com for U.S. citizens has seemingly been forbidden, some alleged users are claiming that they can still trade on the site. It was reported by some reddittors some…
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Tokyo police say they have arrested two men over the hack of Japanese crypto exchange Coincheck. The platform was raided for some USD 400 million worth of NEM (XEM) tokens in January 2018, in what remains the world’s biggest-ever theft of cryptocurrency. Police have been chasing the perpetrators ever since, but believe they have now…
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A trust-gauging non-profitable organization says it has found that cryptocurrency-related scams are the second riskiest type of fraud in North America – second only to employment-related stings. Per a report from the Better Business Bureau (BBB), an organization that says it provides information to Americans and Canadians about the trustworthiness – or otherwise – of…
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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 A British financial regulator has hinted that its cryptocurrency anti-money laundering (AML) policing will go above and beyond the measures undertaken in other AMLD5-adhering nations – Read more »Pay,…
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South Korean cryptocurrency industry chiefs, legal experts, politicians and more have been having their say on yesterday’s landmark vote in the National Assembly to introduce the nation’s first-ever package of crypto-specific legislation. As previously reported, the National Assembly green-lighted an amendment to an existing finance act on March 5, incorporating Read more »Pay, Trade, Buy…
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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 Following the overturn of its crypto ban, the Reserve Bank of India (RBI) is planning to file a review petition in the Supreme Court, reports The Economic Times, citing…
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In a dramatic turnaround, the South Korean parliament, the National Assembly, has voted in favor of the country’s first cryptocurrency-specific legislation in the past few hours. (Updated at 10:20 UTC: updates throughout the entire text). The amended Special Financial Transactions Information Act, which was approved by a National Assembly finance committee in November Read more…
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A securities class action lawsuit has already been filed against the second-largest producer of Bitcoin (BTC) mining equipment, China-based Canaan (CAN). Meanwhile, the price of its shares dropped by almost 50% since the trading begun in November. In their press release, investor rights law firm Rosen Law Firm says that they filed the lawsuit on…
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Cryptocurrency exchanges have seen a victory in India. The country’s banks can welcome their customers dealing with crypto again, but the fight is still not over, and the ban could still be passed, as there are more hurdles along the way. (Updated at 15:28 UTC: updates in bold) Updated at 10:31 UTC: updates throughout the…
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South Korean cryptocurrency exchanges have been suffering as trading volumes continue to remain low or stagnant in what was once one of the world’s busiest bitcoin (BTC) and altcoin markets. The downturn in trading has already seen many exchanges go out of business in recent months. And cryptocurrency industry insiders in the country have told…
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