Thailand is one of the nations that is currently on top of crypto-related crime as its new regulations on digital currency have been creating a very safe crypto space in Thailand.The latest news on the Thai crypto scene is that the Kingdom’s Anti-Money Laundering Office (AMLO) is thinking about creating a new digital wallet that would help the nation fight crypto-related … [Read more...] about Thai Anti-Money Laundering Office Tackle Crypto-Related Crime with New Wallet
Law and Regulation
As cryptocurrency crackdown investigations are taking place right across the crypto-sphere in 2018, news has just come in that an American crypto crackdown has resulted in more than 200 ICO investigations in a bid to regulate the initial coin offering sector.As initial coin offering (ICO) projects in 2017 and 2018 hit record levels, the ongoing battle to regulate the sector … [Read more...] about US Cryptocurrency Crackdown Hits Over 200 ICO Investigations
The Reserve Bank of India is apparently launching a new cryptocurrency research group that is set to explore the possibility of new pathways to regulate disruptive technologies. India’s ongoing saga with crypto is well-documented, but what does this news mean for the nation’s crypto industry?When it comes to mixed signals, double standards and chaos, nobody does it like … [Read more...] about Cryptocurrency Research Project Launched by Reserve Bank of India
Since the US-led sanctions imposed on Iran took hold, the discussions on lifting the current blanket cryptocurrency ban across the nation are looking to come to fruition. News is coming out of Iran that the Iranian government could be ready to lift the ban in September to pave the way for the implementation of digital currencies.The move comes in the wake of the sanctions … [Read more...] about Cryptocurrency Ban in Iran Expected to End in September
The cryptocurrency and blockchain sector is currently at a turning point, with some upcoming developments that present a potential for disruption in the near future.After months of declining value, many predict the cryptocurrency market value has reached 'the bottom,' and will soon begin a new bull run into 2019. However, the industry is faced with a few hurdles along the … [Read more...] about Crypto 2019: Issues with Potential for Disruption
A major Chinese crypto crackdown is currently taking place that is targeting 120 offshore cryptocurrency exchanges. Although it is unclear why the Chinese government are taking these steps at this time, it is not looking good for the Chinese crypto industry.Just a few days ago, we reported that the Chinese messenger app, WeChat, had banned some cryptocurrency media outlets, … [Read more...] about Major Chinese Crypto Crackdown Targets 120 Exchanges
On Wednesday the SEC rejected nine ETF applications including the ProShares Bitcoin ETF. The applications had been submitted by ProShares, Direxion, and GraniteShares with the decision on the ProShares ETF being due by yesterday at the latest. SEC Commissioner, Hester Peirce, took to Twitter yesterday to announce that the ETF decisions would be reviewed.The official … [Read more...] about Bitcoin ETF Decisions to Be Reviewed According to SEC Commissioner Hester Peirce
The Bank of Thailand (BoT) has announced its plans to launch a Thai digital currency that will see the Kingdom get a central bank digital currency (CBDC).The news comes at a time when Thailand is laying the foundations for its crypto industry going forward with the implementation of a spectrum of new regulations and now plans to create a Thai digital currency that would be … [Read more...] about Bank of Thailand to Launch Thai Digital Currency
The SEC has just announced their decision on the ProShares bitcoin ETF. The SEC ruling states the reason for the rejection, is in part because of "the requirement that a national securities exchange’s rules be designed to prevent fraudulent and manipulative acts and practices." Most pundits were expecting the application to be rejected but with all markets, there are always … [Read more...] about ProShares Bitcoin ETF Decision Sealed
The allegedly largest Russian cryptocurrency mining operation has recently been launched and plans to wrestle away China’s dominance of the crypto mining industry with this audacious new project.Crypto Disrupt recently published a news story that Russian cryptocurrency mining was on the rise with the 15% increase in crypto mining companies now in operation across Russia in … [Read more...] about “Largest Russian Cryptocurrency Mining Operation” to Challenge China
News coming out of Asia is reporting that the messenger platform, WeChat, has banned the Chinese cryptocurrency media on their network. The news is that that the Chinese chat giants have banned cryptocurrency media accounts due to complaints from users.The relationship between crypto and China is dysfunctional at best, regularly sending out mixed signals such as the Chinese … [Read more...] about Chinese Cryptocurrency Media Banned by WeChat?
Asian nations have mixed sentiments regarding the implementation of digital currencies, but the news coming out of Bangkok is that seven new Thai crypto exchanges have been approved amidst ongoing regulatory hurdles issued by the Thai SEC.The news comes as Thai crypto exchanges and new ICO projects now have to adhere to more stringent checks across Thailand, but maybe not as … [Read more...] about SEC Approve Seven New Thai Crypto Exchanges Amidst Ongoing Regulations
The relationship between crypto and politics is dysfunctional but could be improving as news is surfacing that political candidates running for office in California could soon be accepting crypto donations.The news came out of a California Fair Political Practices Commission meeting on Thursday that discussed some issues relating to elections and the acceptance of crypto … [Read more...] about Political Candidates in California to Accept Crypto Donations?
Investors tired of waiting for a decision by the U.S. Securities Exchange Commission (SEC) on an upcoming bitcoin exchange-traded fund (ETF) now have an alternative - a bitcoin ETN.As reported by Bloomberg, Swedish company XBT Provider, a subsidiary of UK-based company Global Advisors Limited, has created an exchange-traded note (ETN) called 'Bitcoin Tracker One' that can be … [Read more...] about Forget the ETF, Trade BTC/USD Now With a Bitcoin ETN
A Vietnamese news outlet has confirmed that the nation has clamped down on the importation of crypto mining equipment as proposed in July. It is reporting that no mining companies or individual miners can purchase mining equipment from abroad and that the government has been enforcing the new laws with aplomb.The Vietnamese government’s hardline stance on crypto is already … [Read more...] about Vietnam Crackdowns on Crypto Mining Equipment Imports
The government in Venezuela has been reeling in recent months due to unstoppable hyperinflation and is looking towards two Venezuelan cryptocurrencies to help stop the rot. As troubled nations turn to crypto as an alternative to their failing fiat currencies, Venezuela is the next on the list.The Venezuelan government has been having a rough time as the nation is currently … [Read more...] about Two Venezuelan Cryptocurrencies Are Part of a Bid to Halt Hyperinflation
Turkish crypto users have been on the increase, and some believe it is because of the economic meltdown that is taking hold of the nation amidst an increase on tariffs across exports by U.S. President Donald Trump.A plunge in the Lira is forcing the hand of locals and boosting the numbers of Turkish crypto users as the appeal of cryptocurrencies is beginning to look more and … [Read more...] about Is the Increase in Turkish Crypto Users Amidst Economic Meltdown Due to Donald Trump?
The L.A. Times has reported that Playboy Enterprises is suing a cryptocurrency tech company due to a breach of contract and alleged fraud. The allegations are just surfacing across the news industry and the crypto scene.Playboy Enterprises are a parent company to the world-famous adult publication and are seeking damages from a cryptocurrency tech company, sparked by … [Read more...] about Playboy Enterprises Seek Damages From Cryptocurrency Tech Company
The head of the Iranian Securities and Exchange Organization (SEO), has made some interesting comments this week welcoming greater cryptocurrency adoption for the Iranian stock exchange in a bid to offer economic alternatives in the face of sanctions.As the need for crypto sweeps across Iran, it seems that the local authorities are looking for help and the relevant experience … [Read more...] about Iran’s Head of Securities and Exchange Organization Welcomes Cryptocurrency Adoption for Stock Exchange
Japanese financial regulators have just released details regarding 23 cryptocurrency exchange platforms that have undergone on-site checks and has outlined the problems and issues found in a new report.Japan is at the forefront of crypto legislation, so the news that regulators have been checking numerous cryptocurrency exchange platforms and other crypto-related companies is … [Read more...] about Japanese Financial Regulators Detail Issues Found on 23 Cryptocurrency Exchange Platforms in On-Site Checks