Chinese Regulator: Libra must Abide to Regulations or get Banned

A Chinese senior regulator is of the opinion that Libra must be made to abide to international foreign exchange regulations or “it should be banned”. Sun Tiangi Chief accountant of China’s State Administration of foreign exchange (SAFE), made the comments…

China unbans Crypto!!

China is taking an abrupt crypto U-turn that is surprising everyone in the crypto community. A country that only a few months ago had a lot of anti-crypto sentiment is increasingly becoming more open to the technology. According to Twitter-based…

Largest South Korean Convenience Store to Accept Crypto Payments Soon

The largest convenience store in Korea with 13,000 locations across the country CU, will soon be accepting crypto payments. According to local reports CU will integrate a payment system known as chai, which will enable consumers to utilize a Korean…

A cryptocurrency exchange software bug in Kraken allowed users to buy Bitcoin cheaper than the market price

Crypto exchanges continue to face challenges. Recently, a cryptocurrency exchange software bug in the prominent crypto exchange Kraken allowed users buy cheaper Bitcoin

Everton Football Club Signs eToro as its Official Online Trading Partner

English premier league club Everton Football Club, has penned a deal with crypto inclusive investment and trading platform eToro. The Merseyside based club shared news of the deal in an official club announcement on Aug 1. As per the report,…

BitStamp to Soon Offer Funding in GBP

Cryptocurrency exchange Bitstamp, which happens to be the longest standing exchange, will soon be offering funding in British pounds. This is music in the ears of crypto users and traders who are based in the UK, who have had to…

IRS Issues Warning to Crypto Tax Defaulters

The internal revenue service (IRS), has begun to send out letters notifying crypto holders who owe the institution to pay their taxes in good time or face harsh penalties. The IRS is known for not mincing its words, and effecting…

Liquefy, a Hong Kong-based Security Token Offering platform has received $2.6 million in funding

Liquefy, a Security Token Offering platform based in Hong Kong has received $2.6 million in funding, which will enable it to expand its operations.

Indian Crypto Exchanges set their Sights on New Markets

Crypto exchanges in India such as CoinDCX and WazirX are now setting their sights on global markets after one of the country’s leading exchanges Koinex, shut down operations last week citing an unclear regulatory framework in the country. Cryptocurrency exchanges…

Israel Supreme Court Rules in Favor of Crypto Exchange in Bank Account Case

Israeli’s crypto community toasted to good news after the country’s largest broker for Bitcoin and Ethereum was allowed to keep its account with the country’s largest bank. This was decided by Israel’s Supreme Court after overturning a district court’s earlier…