Localbitcoins to Introduce New User Verification Rules

Peer-to-peer crypto exchange Localbitcoins is preparing to implement updated requirements for the identity verification of its users. The company recently revealed it’s cooperating with regulatory agencies in Finland on the implementation of the latest EU anti-money laundering rules. Also read: 3 Technical Proposals for Increasing Bitcoin’s Privacy P2P Exchange Localbitcoins Advising Finnish Regulators In a […]
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Localbitcoins to Introduce New User Verification Rules

In The Daily: Cointelligence Exchange Rating, Bithumb OTC, Telegram, Ton

In the first edition of The Daily this weekend, we cover the details around the launch of a new cryptocurrency exchange rating system by Cointelligence. Also, South Korean exchange Bithumb has announced it’s establishing an OTC trading desk in Hong Kong, and the popular messenger service Telegram has postponed the launch of its TON network […]
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Report Claims Quadrigacx Never Held More Than 1,000 BTC

The drama surrounding Canadian cryptocurrency exchange Quadrigacx continues to intensify, with a recent report by Zernoncense claiming that the exchange has no identifiable cold storage reserves and that it has never held more than 1,000 BTC in customer funds. Also Read: Kraken Acquires British Derivatives Platform Crypto Facilities Report Refutes Claims of Quadrigacx Owner’s Widow The […]
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Report Claims Quadrigacx Never Held More Than 1,000 BTC

The Daily: Zebpay Launches in 5 European Markets, Coinpulse Enters ‘Indefinite Maintenance’

Saturday’s edition of The Daily covers developments of interest to crypto traders. Once one of the largest exchanges in India, Zebpay is now increasingly focusing on Europe. The platform has expanded its services to residents of five more countries in the region. Also, troubled crypto trading platform Coinpulse has announced “indefinite maintenance,” asking customers to […]
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The Daily: Zebpay Launches in 5 European Markets, Coinpulse Enters ‘Indefinite Maintenance’

Shamir’s Secret Explained: Distributing a Seed Phrase Into Multiple Parts

When an individual first joins the cryptocurrency economy and obtains their first bitcoins, at times the process can be daunting. Most veterans will often tell newcomers that they need to secure their coin’s private keys in order to enjoy sovereign ownership. However, most people are not taught how to keep their 12-24 word seed phrase […]
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Shamir’s Secret Explained: Distributing a Seed Phrase Into Multiple Parts

Executives of Korean Exchange Sentenced to Jail for Faking Volumes

Two executives of a South Korean cryptocurrency exchange have reportedly been sentenced to jail for inflating trading volumes on their exchange. The pair allegedly used a bot to fake large orders in both cryptocurrencies and Korean won. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Prison Sentences Two executives of South […]
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Executives of Korean Exchange Sentenced to Jail for Faking Volumes

Coinbase Suspends Ethereum Classic Following 51 Percent Attack

Coinbase has ceased interactions with the Ethereum Classic (ETC) blockchain after the exchange detected a 51 percent attack on the network. Following the discovery of a “deep chain reorganization” of the ETC blockchain, Coinbase suspended Ethereum Classic withdrawals and deposits. Also Read: Major Mining Pools Have a ‘High Die-Off Rate’ Study Reveals Coinbase Stops Interacting With […]
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Coinbase Suspends Ethereum Classic Following 51 Percent Attack

Pan-African Bitcoin Exchange Kubitx Goes Live, Launches OTC Wallet

Kubitx, a pan-African digital asset exchange, went live on Dec. 20 after completing its beta test. The Malta-registered trading platform has also released what it calls a “hybrid over-the-counter (OTC) wallet” allowing users to buy and sell cryptocurrencies including BTC and BCH as well as to pay bills. Also read: U.K. Investors to Pay Capital Gains […]
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Pan-African Bitcoin Exchange Kubitx Goes Live, Launches OTC Wallet

Japanese Cryptocurrency Exchange to Relaunch as Part of Huobi After Buyout

A regulated Japanese cryptocurrency exchange is shutting down to relaunch as part of the Huobi family. The new exchange will support six cryptocurrencies and 11 trading pairs. Existing Bittrade customers need to open new accounts, complete KYC verification, and transfer their assets to the new platform. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls […]
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Japanese Cryptocurrency Exchange to Relaunch as Part of Huobi After Buyout

LCX Now Licensed to Provide Crypto Trading Services in Liechtenstein

Liechtenstein cryptocurrency exchange LCX has been granted a license to provide crypto trading services for utility and payment tokens. The exchange will be offering four main crypto services including a custody service and a fiat-to-crypto exchange in partnership with Binance. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations A Regulated Exchange […]
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LCX Now Licensed to Provide Crypto Trading Services in Liechtenstein

Thai SEC Warns Against 14 Unauthorized Cryptocurrency Operators

Thailand’s Securities and Exchange Commission (SEC) has warned the public against 14 websites whose operators have been soliciting customers to buy and sell cryptocurrencies and related products. The regulator says these operators are not authorized to conduct crypto business in the country. Currently, only seven companies are temporarily approved for crypto operations. Also read: Indian Supreme […]
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Thai SEC Warns Against 14 Unauthorized Cryptocurrency Operators

Fisco Completes Takeover of Japanese Cryptocurrency Exchange Zaif

Regulated Japanese cryptocurrency exchange Zaif has completed its business transfer. Fisco Cryptocurrency Exchange is its new operator, taking over from Tech Bureau. This follows Zaif’s September hack, which cost the exchange approximately $62 million in three different cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space One Operator, Two Separate Exchanges Osaka-based Tech Bureau […]
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Fisco Completes Takeover of Japanese Cryptocurrency Exchange Zaif

Cryptocurrency Exchange Bitex Launches in the UAE

Bitex has officially launched as the United Arab Emirates’ (UAE) newest digital asset exchange. The Dubai-based trading platform will initially support bitcoin core, bitcoin cash, ethereum and litecoin. Bitex also announced the launch of a cryptocurrency wallet that offers an additional cash deposit service, according to media reports. Also read: Market Slump Puts Crypto Derivatives in […]
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Cryptocurrency Exchange Bitex Launches in the UAE

More Crypto Exchanges Opening in Thailand, SEC Warns Approvals Needed

A growing number of companies are entering the cryptocurrency space in Thailand. However, they have not applied for approval from the Thai Securities and Exchange Commission (SEC), prompting the regulator to issue several warnings against unapproved operators. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Companies Entering Thai Crypto Space Since Thailand enacted its […]
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More Crypto Exchanges Opening in Thailand, SEC Warns Approvals Needed

Fork Watch: List of BCH Services Providing Fork Support and Network Monitoring Tools

The Bitcoin Cash community have been heavily discussing and preparing for a possible network split due to two development teams competing on which featured consensus changes will be added to the next upgrade. Additionally, over the last two weeks, Bitcoin Cash infrastructure providers such as exchanges and wallet services have been revealing their contingency plans […]
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Fork Watch: List of BCH Services Providing Fork Support and Network Monitoring Tools

Etherdelta Founder Fined $400K for Operating Unregistered Securities Exchange

The U.S. Securities and Exchange Commission has published details of a cease and desist order it has taken against Zachary Coburn, the operator of Etherdelta. The decentralized ER20 token exchange was the leading Ethereum DEX during its peak, executing more than 3.6 million orders. According to the SEC, many of those orders were for unregistered […]
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Etherdelta Founder Fined $400K for Operating Unregistered Securities Exchange

Indian Supreme Court Gives Government Two Weeks to Submit Cryptocurrency Report

India’s supreme court has brought up the case against the cryptocurrency banking ban by the Reserve Bank of India after one-and-a-half months of delay. The court has reportedly asked the government to submit a report of the findings from the committee it had set up to understand the crypto space and recommend regulatory measures. Also […]
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Indian Supreme Court Gives Government Two Weeks to Submit Cryptocurrency Report

Indian Police Seize Unocoin’s ATM, Arrest Two Founders

One week after Indian cryptocurrency exchange Unocoin announced the launch of its ATM, local police have reportedly seized the machine and arrested two founders of the company, including the CEO. Police say the machine was set up without approvals. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Several Items Seized Indian police have seized […]
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Indian Police Seize Unocoin’s ATM, Arrest Two Founders

Japanese Regulator to Host Regular Global Cryptocurrency Roundtable

Japan’s top financial regulator, the Financial Services Agency, has exclusively shared with news.Bitcoin.com the details of its first-ever roundtable on cryptocurrency oversight. Regulators from over 15 countries participated in the event to share information and discuss cryptocurrency regulatory issues. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Roundtable for Global Regulators The Japanese […]
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Japanese Regulator to Host Regular Global Cryptocurrency Roundtable

Online Fiat Wallet Neteller Launches Cryptocurrency Exchange Service

Digital fiat currency wallet provider Neteller has started allowing its users to buy, sell, and hold cryptocurrencies including BTC, BCH, ETH, ETC, and LTC. The cryptocurrency service is already live in 10 countries and the company “plans to roll it out to more than 50 additional markets.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]
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Online Fiat Wallet Neteller Launches Cryptocurrency Exchange Service