Category: cryptocurrencies

Japanese cryptocurrency exchanges are strengthening their self-regulation procedures following the hack of one of the country’s largest crypto exchanges, Coincheck. The Japanese Financial Services Agency has yet to approve Coincheck’s registration as a crypto exchange. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Strengthening Self-Regulation The Japan Blockchain Association (JBA) has previously established self-regulation standards which its cryptocurrency exchange members voluntarily adopt. The standards include “the maintenance of cold wallet, etc., under the consent of the related members,” the association announced on Saturday after one of its…

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As crypto markets slowly start to rebound and head back upwards, the mainstream media just cannot help themselves from disseminating more FUD. As if actively searching for any excuse to decry Bitcoin and its crypto brethren, we find ourselves repeatedly reading articles fueled by fear. The latest to sensationalize on the hype using terms such as “total market collapse” and “bloodbath” is Australia’s News.com.au, which claims that Tether could bring the entire market to its knees. While Tether, which is supposedly pegged to the dollar, is a concern, it is…

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A Russian ministry is preparing a bill for the regulation of cryptocurrency mining which reportedly includes a “special system” to detect crypto miners. In addition, there may be a 2-year tax break for miners as well as energy quotas and special tariffs. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies System to Detect Miners The Russian Ministry of Communications and Mass Media is reportedly developing a system to identify cryptocurrency miners in Russia so that they can be taxed, Vedomosti reported last week. The publication elaborated: There…

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A Russian ministry is preparing a bill for the regulation of cryptocurrency mining which reportedly includes a “special system” to detect crypto miners. In addition, there may be a 2-year tax break for miners as well as energy quotas and special tariffs. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies System to Detect Miners The Russian Ministry of Communications and Mass Media is reportedly developing a system to identify cryptocurrency miners in Russia so that they can be taxed, Vedomosti reported last week. The publication elaborated: There…

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Cryptocurrency miners in Singapore can now buy their rigs pre-assembled right at the mall as more retail computer hardware shops enter this booming market. This is another strong sign of how retailers are diversifying away from their traditional costumers such as PC gamers, all due to the allure of cryptocurrency earnings. Also Read: Dr. Doom (Professor Nouriel Roubini) Calls Stablecoin Tether a Scam Singapore Mining Mall Sim Lim Square complex, which houses many of the computer spare parts retail shops in Singapore At least five computer stores are now selling…

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Imagine getting treated by a doctor with a fake diploma, or losing a job to another candidate who faked his resume. Unfortunately, such cases are all too prevalent these days in various parts of the world where proper documentation verification is too cumbersome or too costly. However, bitcoin might provide the answer to making sure this reality is preventable in the future. Also Read: Dr. Doom (Professor Nouriel Roubini) Calls Stablecoin Tether a Scam Bitcoin CV Verification University College London (UCL) has announced that its Centre for Blockchain Technologies has…

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The number of cryptocurrency exchanges participating in self-regulation has nearly doubled in South Korea. The crypto self-regulation efforts are led by the Korean Blockchain Association which has recently launched with 66 members. The association also plans to develop standard price indices for the main cryptocurrencies. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies 25 Crypto Exchanges to Self-Regulate The Korean Blockchain Association has been leading the cryptocurrency self-regulation efforts in South Korea. The group formally launched on January 26 with 66 members, local media reported. Among its…

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