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G20 Watchdog Unveils Framework to Monitor Crypto

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G20 Watchdog Unveils Framework to Monitor Crypto

G20 Watchdog Unveils Framework to Monitor CryptoA framework has been developed for the G20 countries to “monitor the financial stability implications of crypto-assets markets.” The Financial Stability Board says cryptocurrencies “do not pose a material risk to global financial stability” but supports their “vigilant monitoring.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space G20’s Crypto Monitoring Framework The Financial Stability […]

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Crypto Exchange Coinrail Reopens with Offers to Recover 11 Cryptocurrencies

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Crypto Exchange Coinrail Reopens with Offers to Recover 11 Cryptocurrencies

Crypto Exchange Coinrail Reopens with Offers to Recover 11 CryptocurrenciesSouth Korean exchange Coinrail has resumed service after it was hacked last month. The exchange has offered users some options to recover their cryptocurrencies. Eleven cryptos were stolen, some of which have been fully recovered and are now available for trading and withdrawals. However, some coins were not recovered. Also read: Yahoo! Japan Confirms Entrance Into […]

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Russia Now Has a Registry of Whitelisted Crypto Companies

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Russia Now Has a Registry of Whitelisted Crypto Companies

Russia Now Has a Registry of Whitelisted Crypto CompaniesThe Russian Association of Cryptocurrencies and Blockchain has created a registry of whitelisted companies that offer crypto-related products or services. Meanwhile, the bill to regulate cryptocurrencies in Russia has been delayed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Whitelist of Crypto Firms The Russian Association of Cryptocurrencies and Blockchain (RACIB) has created a […]

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Major Korean Exchange Bithumb Expanding into Japan and Thailand

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Major Korean Exchange Bithumb Expanding into Japan and Thailand

Major Korean Exchange Bithumb Expanding into Japan and ThailandOne of South Korea’s largest cryptocurrency exchanges, Bithumb, is expanding into Japan and Thailand. The exchange is working on obtaining regulatory approval from the financial regulators of both countries. The new locations are part of the exchange’s global expansion plan. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Expanding into Thailand Bithumb is currently working […]

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Chile Appeals Court Rules in Favor of Crypto Exchange Against Bank

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Chile Appeals Court Rules in Favor of Crypto Exchange Against Bank

Chile Appeals Court Rules in Favor of Crypto Exchange Against BankIn an ongoing dispute between banks and cryptocurrency exchanges in Chile, an appeals court has finally ruled in favor of one crypto exchange against one of the largest banks in the country. Five major banks have also separately responded to lawsuits against them in court. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Court […]

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Indian Central Bank Justifies Its Crypto Stance – Outlines Key Areas of Concern

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Indian Central Bank Justifies Its Crypto Stance – Outlines Key Areas of Concern

Indian Central Bank Justifies Its Crypto Stance - Outlines Key Areas of ConcernThe Reserve Bank of India has justified its crypto banking ban to an industry group which has been trying to convince the central bank to ease crypto restrictions. In response, the central bank outlines key areas of concern and upholds its stance on crypto. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI’s Main […]

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Japanese Police Seize Cryptocurrency for Parking Violations

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Japanese Police Seize Cryptocurrency for Parking Violations

Japanese Police Seize Cryptocurrency for Parking ViolationsJapanese police have seized cryptocurrency belonging to a man with unpaid parking fines. The police explain that the revised fund settlement law enacted in April last year allows cryptocurrency to be seized like any other asset. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Seized for Parking Violations The Hyogo Prefectural Police traffic guidance […]

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Texas Regulator Issues Cease and Desist Order to a Network of Crypto Companies

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Texas Regulator Issues Cease and Desist Order to a Network of Crypto Companies

Texas Regulator Issues Cease and Desist Order to a Network of Crypto CompaniesThe Texas State Securities Board has taken an emergency action to stop a network of crypto-related companies from illegally offering investments in the state. A token offering and a mining firm are among those targeted by the securities board as selling fraudulent “cryptocurrency-related investments.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Emergency Action […]

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Only 12 out of 23 Korean Crypto Exchanges Pass Probe – Inspector Under Fire

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Only 12 out of 23 Korean Crypto Exchanges Pass Probe – Inspector Under Fire

Only 12 out of 23 Korean Crypto Exchanges Pass Probe – Inspector Under FireThe self-regulatory inspection of South Korean cryptocurrency exchanges is complete. Fourteen out of 23 exchanges agreed to be inspected. Twelve met the self-regulatory standards despite security flaws, raising questions of how effective the inspection is. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 12 Exchanges Pass Security Checks The Korea Blockchain Association (KBA) held […]

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Indian Central Bank Responds About Crypto Restrictions

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Indian Central Bank Responds About Crypto Restrictions

Indian Central Bank Responds About Crypto RestrictionsIndia’s central bank has responded to a representation about its crypto banking ban. The Supreme Court gave the central bank seven days to reply following a hearing last week of the petition by the Internet & Mobile Association of India against the ban. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI’s Response India’s […]

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