Exclusive Articles - Cryptonews (Page 201)

Messaging Giant ‘Can’t Confirm’ it Is to Open ‘Six’ Crypto Exchanges

South Korean messaging app giant Line has moved to distance itself from claims that its recently established American and Singaporean Line Financial subsidies are on the verge of launching cryptocurrency exchanges.Line was created by Naver, South Korea’s answer to Google. The internet giant...

, by Tim Alper

Chinese Megacity Considering Government-Backed Crypto Exchange

The southwestern Chinese city of Chongqing, known for its strong economic growth in recent years, is reportedly mulling a plan to set up its own “blockchain-based digital asset exchange,” according to an official statement obtained by Chinese news site 8BTC.com.Given the fact that all...

, by Fredrik Vold

Financial Sector Urges South Korea to Police Crypto Exchanges

A lack of governmental and legal support is exposing South Korean cryptocurrency exchanges – and the banks dealing with them – to considerable risk from money launderers and hackers, say financial experts in the country.The regulatory Financial Supervisory Commission held talks with...

, by Tim Alper

Japan Exchange Exodus: KuCoin and Huobi Pull Out

Hong Kong-based cryptocurrency exchange KuCoin has become the latest company to announce it will no longer accept business from Japanese customers.The move comes days after a similar announcement from China’s Huobi (now headquartered in Singapore).KuCoin posted an announcement on its site...

, by Tim Alper

S Korean IT Expert Calls for ‘Urgent’ Exchange Regulations

Oh Jung-geun, the chairman of the influential Korea Finance ICT Convergence Association, has urged the South Korean government to regulate the country’s cryptocurrency exchanges.Media outlet Hanguk Ilbo says that experts agree that government measures are “urgently needed to increase...

, by Tim Alper

Ugandan President Defends Crypto From Central Bank Governor

The President of Uganda, Yoweri Museveni, has accused the head of the Bank of Uganda of taking a “dogmatic” approach to cryptocurrencies.Speaking at a blockchain conference in Kampala, Bank of Uganda governor Emmanuel Tumusiime Mutebile claimed that cryptocurrencies “lack the...

, by Tim Alper

UK Experts Slam Google and Facebook Crypto Ad Bans

British experts have claimed Google’s ban on cryptocurrency-themed advertising is self-serving and says the search engine is “overstepping its role as a gatekeeper to information.”Per a report from British media outlet the Independent, Phillip Nunn, the CEO of investment company...

, by Tim Alper

Registering on Exchanges: How Much Data Is Needed?

Registering for trading on cryptocurrency exchanges can be a tricky business. On one hand, you may be reluctant to hand over a lot of your data because it may seem that a selfie where you hold your ID card in your hand is over the top. On the other, cryptocurrency exchanges deal with assets that...

, by Sead Fadilpašić

Bitcoin and Altcoins Extend Consolidation

Bitcoin price remained in a range above the USD 6,250 support. Ethereum, ripple and bitcoin cash are consolidating losses below key resistances. The crypto market seems to be preparing for the next move.Bitcoin price managed to stay above the USD 6,200 support level, which is a positive sign....

, by Aayush Jindal

Revealed: Details of Japanese Regulator’s Orders to Censured Exchanges

Further details have emerged as to what Japan’s financial regulator, the Financial Services Agency (FSA), requires of the cryptocurrency exchanges it hit with business improvement orders last week. Six major Japanese exchanges were handed a list of demands, including BitFlyer, Japan’s...

, by Tim Alper

Russia Set to Delay its Crypto-laws “Until Autumn”

Russia’s parliament, the Duma, could postpone the second and decisive reading on its long-awaited new cryptocurrency legislation “until autumn,” says the politician who presented the bills at their first reading.The three new bills, which seek to define a legal status for...

, by Tim Alper

Coincheck Owner Sets Sights on US Expansion

Monex Group, the new owner of Japanese exchange platform Coincheck, says it hopes to attain an operating license from the regulatory Financial Services Agency (FSA) “next month” – and plans to expand its operations to the United States. In an interview with Bloomberg, Monex CEO...

, by Tim Alper

Sberbank Piloting Russia’s First Official ICO

Russian bank Sberbank CIB and the National Settlement Depository (NRD) are behind the effort of the country’s first official Initial Coin Offering (ICO) which uses the Bank of Russia’s regulatory sandbox, according to local media.Sberbank CIB is the investment banking arm of major...

, by Sead Fadilpašić

Crypto Pay Venture Predicts Indonesia Crypto Turnaround in Three Years

Indonesia could be on the verge of welcoming in widespread crypto pay solutions at retail outlets across the country – despite the central bank’s vehement opposition to cryptocurrencies. One company says it predicts the central bank, Bank Indonesia, will reverse its anti-crypto stance...

, by Tim Alper

Norwegian Air Building Exchange, Considering Crypto Ticket Purchases

The low-cost carrier Norwegian Air is working to set up its own cryptocurrency exchange by the end of this year, the Norwegian financial news website E24.no reported.The newly established company Norwegian Block Exchange (NBX) will be responsible for building and operating the exchange, as well as...

, by Fredrik Vold

Big-spending Investor Injects Capital Into Another Crypto Startup

Japanese blockchain startup Fressets has received a whopping USD 3.2 million in investment from rewards point operator Ceres and the University of Tokyo Edge Capital (UTEC), a technology-focused venture capital firm with links to academic institutes including the University of Tokyo.Fressets,...

, by Tim Alper

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