Tag: News

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Giant Indonesian Market Gets ‘First’ Regulated Local Crypto Exchange

Source: iStock/Bicho_raro An Indonesian cryptocurrency exchange platform named Tokocrypto says it has become the first platform to officially register with the country’s financial regulator, the Commodity Futures Trading Regulatory Agency (known locally as Bappebti). Recently introduced legislation means crypto exchanges in the country must first register with Bappebti for permission to operate  Read more »Pay/Trade/Buy…
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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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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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Bitfinex Hit With Second Class Action Lawsuit, Threatens Retaliation

Cryptocurrency exchange Bitfinex has lashed out at what it calls a “mercenary and baseless class action complaint” lodged in Washington State, in the United States – threatening its issue with retaliatory legal action. The company made its allegations in a statement following what the exchange calls a “copycat” lawsuit brought forward at a Washington district…
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Top 6 Crypto Growth Drivers By Binance’s VIP Clients

Change in global and local regulations was again chosen as the largest driver for the cryptoasset industry, a survey by Binance Research showed. The research arm of the major crypto exchange Binance conducted their second survey, distributed to their large institutional and VIP clients. The survey included 76 participants, English and Mandarin speakers, most of…
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Policymakers ‘Will Take a Very Hard Look’ at Crypto + More 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 Digital currencies at scale raise not only concrete questions about money laundering, monetary policy, and other topics, but also very abstract questions about self-government, Justin  Read more »Pay/Trade/Buy Bitcoin…
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Binance Ignores Crypto Ban Plan in India Also, Acquires WazirX

Binance has become another major crypto exchange that is investing in India despite the local government said it’s considering a total cryptocurrency ban in the country. After South Korea’s major crypto exchange Bithumb said in October that is hoping to launch an exchange in India, Binance moved faster and for undisclosed sum acquired a local…
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Passwords, Data of 1.4m XRP Ledger-based GateHub Wallets Leaked Online

A security expert has reported that personal data and passwords belonging to users of the GateHub crypto wallet – which makes use of the XRP Ledger protocol – have been dumped onto a hacking community website. Per media outlet Ars Technica and Tony Hunt of the Have I Been Pwned website, the security breach took…
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Singapore’s Message to Crypto Derivative Traders + More Crypto News

Source: iStock/Jui-Chi Chan 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 Singapore’s financial regulator has proposed green-lighting crypto-token derivatives to list and trade on approved domestic exchanges, Bloomberg reported. Under the proposal,  Read more »Pay/Trade/Buy Bitcoin with…
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