Global: Mt. Gox Mark Karpeles May Avoid Jail Time but Class Action Lawsuits Remain

CCN
Mark Karpeles, the former CEO of the defunct bitcoin exchange Mt. Gox, may eventually avoid jail time following the suspended sentence he received from a Tokyo court but his legal troubles are far from over. Earlier this week, Karpeles failed to...

Singapore: Shock Court Ruling Holds Crypto Exchange Liable in Singapore’s First Bitcoin Trial

CCN
A court has ordered the unhappy operator of crypto exchange Quoine to follow through with a glitched computer transaction that allowed a crypto market liquidity provider to swap ether for bitcoin at a rate of 10 bitcoin to every...

Canada: Canada Mulls Setting Rules for Crypto Platforms

Reuters
Canadian regulators are looking to create new rules for crypto trading platforms, months after the death of the founder of digital platform Quadriga CX that led to about C$180 million ($135 million) in frozen cryptocurrencies. The Canadian Securities Administrators...

US: Pro-Bitcoin Colorado Governor Signs Crypto-Friendly Digital Token Act

Colorado Governor and avowed bitcoin fan Jared Polis signed the Digital Token Act on March 8, exempting cryptocurrencies from state securities laws under certain conditions. The new legislation also exempts crypto broker-dealers and salespeople from state licensing requirements under limited circumstances....

Canada: A First for Everything: Canadian Court Certified a Bitcoin Expert

CCN
CipherTrace, a blockchain security company, announced today that its CEO, Dave Jevans, has been certified by a Canadian criminal court as an expert witness. Jevans testified against Matthew Phan, a drug dealer convicted for trafficking in drugs and weapons...

Russia: Russian President Vladimir Putin Gives Deadline for better Crypto Regulations

The Russian government seems to be determined to refine its vision of the crypto-verse, encouraging the creation of better laws that not only promote its use and adoption but also attract investments oriented to develop these technologies. Two days ago, Ethereum...

Malta: Malta Leads on Cryptoassets Regulation While EU Ponders

As the European Commission ponders whether the European Union needs rules for cryptoassets and trading in virtual currencies, EU states are moving ahead with their own regulations, with the smallest of them, Malta, leading the pack. The risks of investing...

Arab: Cryptocurrency Assets Get Arab World’s First Regulatory Nod

Bloomberg
The Arab world’s smallest country is taking the lead in regulating crypto assets. Bahrain’s central bank said on Monday that it issued “the final rules on a range of activities relevant to crypto assets.” The framework covers areas from...

Japan: Japan’s Bitherb Obtains License from Thai Regulators to Operate Four Crypto Businesses in...

Japan's Bitherb Co. Ltd. Obtains License from Thai Regulators to Operate Four Crypto Businesses in the Region. Crypto-friendly Thailand has granted Bitherb Co. Ltd., a subsidiary of the Japanese corporation, Remixpoint Inc., four cryptocurrency licenses to allow the firm operate in...

Thailand: Thailand Approves Securities and Exchange Act Amendments for Blockchain Tokenized Securities

Thailand has been working on the proper way to govern various cryptocurrencies in their country. On February 22nd, local newspaper The Bangkok Post reported that the National Legislative Assembly has decided to permit tokenized securities to be issued on...

Hottest News Daily

For updates and exclusive offers, enter your e-mail below.

Must Read

An Interview with Jihan Wu: BCH Split and STO

Jihan Wu, the Bitcoin mining titan and prominent supporter of BCH, recently gave an interview at a Q&A session for entrepreneurs at Peking University Guanghua school of Management . During the discussion, he shared his views on the controversial BCH split, current thoughts on STOs, Eco-friendly mining, and his opinions on the viability of coin-free blockchains. Regarding the split, Jihan shared his views on the importance of community and how his actions have been in support of free speech. “In this environment of free speech, I believe that division is inevitable. This is the nature of human contribution to the community, and it is easy to split because of some differences. The split itself will bring about the richness of the whole system.” He concluded that even though this split has created 2 new coins in the form of BCHABC and BCHSV, there is potential for further splits down the road Not a current...

Chandler Guo, China’s Top Bitcoin Tycoon, Continues to Build The Crypto Empire in The United States

Chandler Guo, one of China’s top Bitcoin tycoons, shared with BlockPulse 360 his thoughts on the cryptocurrency industry in China. Chandler was one of China’s first Bitcoin miners and has become one of the country’s most well-known cryptocurrency ambassadors. His success has brought him overseas to the United States to continue building his crypto empire. BlockPulse 360: Did your move to the United States have anything to do with the fact that the US is more ICO and blockchain friendly than China? Chandler Guo: Obviously, I am a big fan of Bitcoin and ICO. Just like everybody else in the crypto community, I understand the potential of digital currency and the magnitude of what it means for the economy. Today, ICO has made many people very rich, but in the future, cryptocurrency is likely to become the only currency in circulation. However, most governments, even the American government, are not the biggest...

OKEx Is Fighting back Against Amber AI’s BCH Settlement Allegations

In their public response on Monday, OKEx outlined several issues with the Amber AI complaints, expressing that “These are completely false allegations and the defamatory statements have caused serious damages to OKEx’s reputation.” The cryptocurrency exchange laid out their arguments, focusing on 3 main points that present that not only did the cryptocurrency exchange act in the best interest of their customers, but that Amber AI has no right to a lawsuit in the first place. 1 – Amber AI is not a customer. According to OKEx, “We do not have an institutional client profile named Amber AI, while Amber AI claim themselves as a Hong Kong-based company. We do NOT serve any customer in Hong Kong, in respect of the local laws and regulations. The OKEx account that Amber AI claimed managing is an individual account, which is not a Hong Kong resident or entity on the report of the KYC information” 2...

Several Influential Cryptocurrency Media Outlets in China Have Been Blocked

Wechat, an important application in China is used daily to share news, information, chat and even make an order at a restaurant. Wechat communicates with the Chinese government in order to monitor the public’s opinions on the Wechat platform to comply with the local law. Media surrounding blockchain technology has increased with the price of Bitcoin in 2017. At the beginning of 2018, the media increase continued and new outlets started up in China. During March of this year, more than 10 new blockchain media outlets finished financing campaigns. However, this increase in media development has created some controversy. Many cryptocurrency investors criticized the increase as being a proxy and working with the dealer to “cut the leek”, a vivid way to describe the pump and dump by the dealers or the project launchers to make the profits. On August 21, 2018 Chinese Cryptocurrency Media including Jinses Finance, Deepchain Finance, Huobi information...