International players are looking to move into the American cryptocurrency exchange market – with the South Korean-Japanese chat app operator Line set to open a trading platform in the country. Per Japanese media outlet Coin Post and South Korean newspaper Hanguk Kyungjae, the new exchange will be named Bitfront, and will be available in most…
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South Korean cryptocurrency industry insiders are warning that the country’s failure to introduce crypto laws could be cataclysmic, with “mass bankruptcies” likely. As Cryptonews.com reported yesterday, the South Korean National Assembly’s schedule has been thrown into turmoil by an outbreak of the coronavirus. The country has become the worst-hit part of the Read more »Pay,…
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Beyond the Law movie poster. Steven Seagal is in the middle. 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. Legal news The U.S. Securities and Exchange Commission (SEC) settled charges against actor Steven Seagal (known for Beyond the Law,…
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The coronavirus continues to take its toll on the blockchain and cryptocurrency industry – and is now threatening to derail the introduction of a long-awaited piece of crypto legislation in South Korea. South Korea is suffering from a severe outbreak of the virus, with over 1,260 confirmed cases so far. And per the Hankuk Kyungjae,…
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In the effort to combat the coronavirus outbreak and prepare for the possible escalation of events, major cryptocurrency exchange Coinbase has restricted travel to a few countries and devised a plan for four stages of the disease. In a shared document, Coinbase – which has offices in the U.S., the UK, Ireland, and Japan –…
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Caitlin Long. Source: A video screenshot, Youtube/ReasonTV A new crypto-focused bank is set to open in 2021 in the U.S. state of Wyoming in order to provide institutional-level investment infrastructure for cryptoassets, while abiding by strict regulatory requirements. The company, called Avanti Bank, is already seed-funded and has partnered with major, Canada-based blockchain company Read…
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Jan Oblak, the goalkeeper for Spanish club Atlético Madrid. Source: a screenshot, Instagram/atleticomadrid One of Spain’s top financial regulators has warned top-tier professional football clubs in the country that their sponsorship deals – including many made with cryptocurrency-related companies – could be “toxic.” Sports newspaper AS says it has seen a report compiled by the…
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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 Finance ministers and central bank governors of the Group of 20 (G20) major economies released a communique after their meeting this past weekend, stating: – "We welcome the recent…
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The building of the Indian Supreme court In New Delhi, India. Source: iStock/anil_shakya19 India’s Supreme Court is set to rule on a legal challenge to restrictions placed on banks dealing with cryptocurrency traders imposed by the central Reserve Bank of India (RBI). If the challenge proved successful, the ruling could pave the way for the…
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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. Libra news Canada-headquartered e-commerce giant Shopify said it has become a member of the Libra Association. “As a member of the Libra Association, we will work collectively to build a payment…
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