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Spanish Regulator Open to Approving Funds Investing Directly in Cryptocurrencies

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Spanish Regulator Open to Approving Funds Investing Directly in Cryptocurrencies

Spanish Regulator Open to Approving Funds Investing Directly in CryptocurrenciesSpain’s financial regulator has clarified its position on regulated investment funds investing directly in cryptocurrencies. These type of funds are legal under Law 22/2014, and investments can be made through three types of legal entities. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Funds Directly Investing in Cryptocurrencies Spain’s National Securities Market Commission (CNMV […]

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Japanese Crypto Exchange Continues Global Expansion – Now in Five Countries

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Japanese Crypto Exchange Continues Global Expansion – Now in Five Countries

Japanese Crypto Exchange Continues Global Expansion - Now in 5 CountriesA Japanese government-approved cryptocurrency exchange has resumed expanding overseas. Already operating in five countries with a plan to launch in more in the near future, the exchange aims to construct a global network of crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Building Global Network Bitpoint Japan was among the first crypto […]

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China Has Found 421 Fake Cryptocurrencies

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China Has Found 421 Fake Cryptocurrencies

China Has Found 421 Fake CryptocurrenciesA Chinese government-backed industry organization has published a report on fake cryptocurrencies. As of April, its monitoring platform has found 421 fake cryptocurrencies, 60% of which are deployed overseas. The Committee has also outlined major red flags of these cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 421 Fake Cryptocurrencies The National Committee […]

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Coincheck Delists XMR, DASH, ZEC, REP – Prompted by Japanese Regulator

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Coincheck Delists XMR, DASH, ZEC, REP – Prompted by Japanese Regulator

Coincheck Delists XMR, DASH, ZEC, REP - Prompted by Japanese RegulatorJapanese exchange Coincheck has confirmed that it is delisting three privacy coins: monero, dash, and zcash. Augur’s reputation token will also be delisted next month. The exchange made this decision after receiving a business improvement order from the country’s financial regulator following the NEM hack. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coincheck […]

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Thailand Waives 7% VAT for Individual Cryptocurrency Investors

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Thailand Waives 7% VAT for Individual Cryptocurrency Investors

Thailand Waives 7% VAT for Individual Cryptocurrency InvestorsThailand’s Revenue Department has announced that it will waive the 7% value-added tax for individual cryptocurrency investors. The country began regulating digital currencies and initial coin offerings on Monday, putting the Thai Securities and Exchange Commission (SEC) in charge of the regulations. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space VAT Exemption The decree […]

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Investment Platform Etoro Launches in the US with 10 Cryptocurrencies

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Investment Platform Etoro Launches in the US with 10 Cryptocurrencies

Investment Platform Etoro Launches in the US with 10 CryptocurrenciesSocial trading platform Etoro is expanding into the US. Pre-registration has already begun. Initially, 10 cryptocurrencies will be offered, but the company plans to add more throughout the year. The company’s crypto business has boomed in recent years, with 70% of its users reportedly trading cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]

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Japan’s GMO Gets Ready to Start Selling 7nm Bitcoin Mining Chips

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Japan’s GMO Gets Ready to Start Selling 7nm Bitcoin Mining Chips

Japan's GMO Gets Ready to Start Selling 7nm Bitcoin Mining ChipsJapanese internet giant GMO has updated its plans to manufacture and sell its 7nm bitcoin mining chips as well as for its own mining operations. Interested customers will soon be able to reserve some of these chips. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space GMO Readies 7nm Mining Chips Japanese conglomerate GMO Internet […]

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Investigation of South Korea’s Largest Crypto Exchange Upbit Continues

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Investigation of South Korea’s Largest Crypto Exchange Upbit Continues

Investigation of South Korea’s Largest Crypto Exchange Upbit ContinuesSince the South Korean prosecution started investigating Upbit, the country’s largest cryptocurrency exchange, more events have unfolded. While local media still discuss allegations and raise questions about Upbit’s business practice, some people believe that Upbit is already in the clear. The investigation continues. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space The Allegations Local […]

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US Court Indicts Founders of Crypto Company for Fraudulent Scheme

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US Court Indicts Founders of Crypto Company for Fraudulent Scheme

US Court Indicts Founders of Crypto Company for Fraudulent SchemeA US federal court has indicted three founders of a company purported to offer cryptocurrency-related financial products and have raised $25 million in an initial coin offering. In addition to claiming to have licenses in 38 states, the company also claimed partnerships with Bancorp, Visa, and Mastercard to issue its own cards. Also read: Yahoo! Japan […]

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Arrest Warrants Issued to Employees of South Korean Crypto Exchange

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Arrest Warrants Issued to Employees of South Korean Crypto Exchange

Arrest Warrants Issued to Employees of South Korean Crypto ExchangeArrest warrants have reportedly been issued to three employees of a small South Korean cryptocurrency exchange, including its representative director. The three are “suspected [of] fraud and embezzlement,” according to local media. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Arrest Warrants for Crypto Exchange’s Employees On Monday, local media reported that arrest warrants […]

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