Category: N-Economy
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Bahrain’s Central Bank Issues Draft Crypto Regulations
The Central Bank of Bahrain (CBB) has prepared draft rules designed to regulate digital assets and certain aspects of the country’s crypto industry. The move aims to establish Bahrain as a regional leader in the fintech sector and restore its role as a major banking hub in the Persian Gulf. Also read: New Bitcoin…
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Japan’s Monex Group Launching Crypto Exchange in the US
Monex Group, a major Japanese financial services company and the parent company of cryptocurrency exchange Coincheck, has unveiled its plan to launch a crypto exchange in the U.S. next quarter. The company has also shared its expansion plans for Coincheck in Japan. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations U.S. Expansion…
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French Lawmakers Propose Lower Electricity Rates for Cryptocurrency Miners
Two French legislators have made a number of proposals aimed at turning France into a leading force in the development of the industry built around cryptocurrencies. One of the ideas is to allow crypto mining companies to take advantage of preferential electricity prices. Also read: Ukrainian Village Distributes Dividends From Crypto Investment ‘France Must Have…
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Study Finds Less Than 15% of Team Members in ICO Startups Are Women
A new study confirms the crypto industry has a lot of progress to make to bridge the gender gap. It shows that startups conducting ICOs are still markedly male-dominated – over 85 percent of the team members in the surveyed companies are men. The data also suggests women are even less likely to hold executive…
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Zebpay Exchange Now Live in 21 European Countries
Zebpay, formerly one of India’s largest cryptocurrency exchanges, has launched in Europe. Euro deposits, withdrawals, and trading are now live in 21 countries. While the exchange is not accepting new registrations from India, existing users can continue to use its wallet app. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Zebpay…
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Bitwala Begins Offering Bank Accounts With Bitcoin Wallet and Debit Card
Cryptocurrency banking provider Bitwala has started offering its banking service to cryptocurrency users in Germany, starting with 40,000 pre-registered customers. A spokesperson for the company has shared details with news.Bitcoin.com about this new service which will soon add support for additional countries and cryptocurrencies. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive…
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7 Major Exchanges in Korea Agree on Joint Measures
Seven major crypto exchanges in South Korea have joined forces to create a sound cryptocurrency ecosystem. They have agreed on joint measures such as information sharing and real-time monitoring of abnormal transactions. Meanwhile, the Korean government is working on institutionalizing crypto exchanges. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Seven…
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New Platforms Track Major Stablecoin Markets
The birth of more stablecoins, which has coincided with significant market losses for traditional cryptocurrencies, has drawn attention to these fiat-pegged digital assets. Dedicated platforms are now aggregating statistical data about stablecoin markets for the benefit of traders. Also read: Chat Bot Advises Crypto Startups and Investors The Stablecoin War Is Heating Up The last…
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Japanese Lawmaker Proposes 4 Tax Cuts for Crypto Users and Traders
A Japanese lawmaker has proposed four changes to Japan’s tax law to benefit crypto users and traders as well as widen the adoption of cryptocurrency in the country. The current tax rate of 55 percent could be lowered to 20 percent while crypto-to-crypto trading and small payments could be exempt from taxation. Also read: Indian Supreme…