Category: Digital Currency
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South Korea Ends Year With 6 Bills to Regulate Cryptocurrency Industry
South Korea’s top financial regulator has exclusively shared with news.Bitcoin.com information about six cryptocurrency-related bills that have been submitted to the National Assembly. The most recent bill seeks to protect the rights of crypto owners and to ensure the safety and reliability of crypto transactions. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for…
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Indian Exchanges End Year With Improved Services, Optimism About Regulation
As the Indian government deliberates over cryptocurrency regulation, positive sentiment grows among local crypto exchanges regarding their government’s eventual decision. A number of them have also added new features and improved services such as offering interest on crypto deposits, increased liquidity, and better security. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive…
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Japanese Regulator Publishes Proposed Rules for Crypto Service Providers
Japan’s top financial regulator has published the final report outlining proposed rules for cryptocurrency service providers to follow. The rules address areas such as hacking incidents, coin listings, financial and price disclosures, margin trading, and crypto custodial services. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Final Report of Proposed Rules…
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190 Companies Seek to Enter Japanese Cryptocurrency Market
In an exclusive interview with news.Bitcoin.com, Japan’s top financial regulator has confirmed the number of companies currently wanting to enter the Japanese cryptocurrency market. Meanwhile, several existing crypto exchanges in the country are undergoing changes. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Over 190 Companies Want In Japan’s Financial Services…
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Japan Reveals Expectations for Cryptocurrency Industry Self-Regulation
In an exclusive interview with news.Bitcoin.com, Japan’s top financial regulator revealed its expectations for the self-regulation of cryptocurrency exchanges in Japan. The agency has approved a self-regulatory organization, which it is working closely with to ensure compliance. All 16 regulated crypto exchanges in Japan are members of this self-regulatory organization. Also read: Indian Supreme Court Moves…
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Indian Crypto Exchange Sees Record Trading Volumes Amid Regulatory Uncertainty
Despite regulatory uncertainty and banking restriction imposed by the country’s central bank, an Indian cryptocurrency exchange is seeing record trading volumes every month. The CEO of Wazirx told news.Bitcoin.com that the recent uptick in crypto prices has prompted a lot of Indians to start trading again. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive…
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Japan’s GMO Quits Manufacturing and Selling Mining Machines
Japanese internet giant GMO has announced that it will no longer develop, manufacture, and sell cryptocurrency mining machines. The company will, however, continue to mine in-house but will relocate its mining center to a region with cleaner and less expensive energy. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Exiting the…
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China Now Ranks 34 Crypto Projects
China’s Center for Information and Industry Development has released its latest crypto project ranking. The center evaluated one more crypto project this month, bringing the total number of ranked projects to 34. Bitcoin has been downgraded while the top two positions remain unchanged. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations…
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South Korean Business School Launches Crypto MBA Program
A major business school in South Korea is now offering a master’s degree in cryptocurrency. Crypto MBA is a one-and-a-half-year program that covers topics such as Bitcoin, Ethereum, smart contracts, crypto funds, Dapp planning, game theory, and how to write persuasive whitepapers. Meanwhile, the government is working on follow-up crypto regulations. Also read: Indian Supreme Court…
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Officials at Top Korean Cryptocurrency Exchange Upbit Indicted for Fraud
Officials at South Korea’s largest cryptocurrency exchange, Upbit, have been indicted for fraud. They allegedly made bogus crypto orders worth approximately $226 billion and sold 11,550 BTC to around 26,000 investors. Upbit has denied the charges and insisted that it did not commit fraud, engage in wash trades, or trade cryptocurrencies it did not own.…