Category: Exchanges
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Kraken Reveals 49% Increase in Law Enforcement Investigations
The publication of crypto exchange Kraken’s 2019 Transparency Report has provoked discussion about the scale of government surveillance. According to the report, Kraken received 710 requests last year (or two per day), impacting approximately 1,222 accounts. The report provides further evidence that exchanges are coming under intense scrutiny as global governments get tough on crypto.…
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Subhash Chandra Garg on the Future of Crypto
India’s former Finance Secretary Subhash Chandra Garg has shared his views on the future of cryptocurrency, both in India and worldwide. He headed the committee responsible for drafting the infamous bill to ban cryptocurrencies, which the crypto community calls flawed in many regards. Also read: Regulatory Roundup – China Blockchain ETF, New French Crypto Rules,…
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South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb
The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. Also read: Poles Hit With Backdated Tax on Crypto Trades Bithumb to…
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You Can Now Buy Cryptocurrency With Credit Card on Bitcoin.com Exchange
Users can now purchase cryptocurrency with a credit or debit card on Bitcoin.com’s premier trading platform via a new partnership with Moonpay. The Bicoin.com Exchange has been rapidly expanding its offerings by adding new SLP tokens. Also Read: Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange Bitcoin.com Exchange Offers New Fiat Gateway Bitcoin.com Exchange has…
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You Can Now Buy Cryptocurrency With Credit Card on Bitcoin.com Exchange
Users can now purchase cryptocurrency with a credit or debit card on Bitcoin.com’s premier trading platform via a new partnership with Moonpay. The Bicoin.com Exchange has been rapidly expanding its offerings by adding new SLP tokens. Also Read: Gocrypto SLP Token Starts Trading on Bitcoin.com Exchange Bitcoin.com Exchange Offers New Fiat Gateway Bitcoin.com Exchange has…
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A Bitcoin War Is Brewing Over KYC
Every year, Bitcoin faces a new foe intent on crippling it by undermining the foundations it was built upon. From mining cartels to developer disputes, Bitcoin has faced a barrage of threats over the past decade. When it’s not internecine conflict taking its toll, it’s external forces including politicians and regulators seeking to exert control.…
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Banking Platform Cashaa Sees Indian Trading Volume Soar, Adding 5 More Cryptocurrencies
Banking services platform Cashaa has seen significant growth in crypto trading volume in India since it began offering INR deposits and withdrawals. The platform has cut its fees by more than 50% and is getting ready to add five more cryptocurrencies for users in India, Cashaa has shared with news.Bitcoin.com. Also read: Regulatory Roundup –…
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Utorg Exchange Grants Access to Traders With Limited Verification
Utorg.io is a digital asset exchange based in the U.K. that allows users in Europe and around the world to trade cryptocurrencies with stablecoins and fiat money. What sets the new platform apart from many incumbents is the simplified verification procedure for traders who don’t exceed а daily limit of $1,000. Its decision to provide…
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Coinbase Closes Earn.com One Year After $100M Acquisition
Coinbase is shutting down the startup Earn.com which it acquired for an estimated $100 million last year. The email service allowed senders to pay users in digital currency for replying to commercial messages or completing tasks. Also Read: Coinbase Acquires Earn.com for an Estimated $100 Million Coinbase Says Goodbye to Earn.com San Francisco-based cryptocurrency trading…
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Regulatory Roundup: New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto
In this roundup, we cover a wide range of regulatory developments in the crypto space. Much has transpired in the U.S., including a new crypto bill, SEC’s proposal, lawmakers seeking answers from the IRS, and the state of Michigan signing several crypto bills into law. We also cover France’s first-approved initial coin offering, a proposal…