Cryptocurrencies

New Jersey introduces bill to regulate cryptocurrency at state level

New Jersey Introduces Bill to Regulate Cryptocurrency at State Level

The New Jersey state legislature is now considering a new bill that would require cryptocurrency businesses to obtain a proper license to operate. Assemblywoman Yvonne Lopen proposed the Digital Asset and Blockchain Technology Act on Feb 20. The legislation would establish new requirements for virtual currency businesses and create consumer-friendly protections by requiring crypto firms […]

Turkey taking the centre stage in the world of blockchain in 2020

Turkey Taking the Centre Stage in the World of Blockchain in 2020

Turkey is making huge strides toward becoming one of the world’s premier locations for blockchain and cryptocurrency adoption. A nation that has often been seen as a key strategic partner to the world’s biggest and most influential countries due to its positioning between east and west. Yet it has become the central hub for this […]

JP Morgan: Blockchain in Banking still years away

JP Morgan: Blockchain in Banking Still Years Away

A recent report by a major United States bank JP Morgan Chase suggested that current blockchain developments are lying down the foundation for digital money, but adoption is still years away. A report published by JP Morgan on Feb 21 suggests that the finance industry is moving beyond blockchain technology. Blockchain in Banking Still Years […]

Israeli banks shouldn't deny services to crypto firms

Israeli Banks Should Not Deny Services to Crypto Firms: Attorney General

Israeli banks shouldn’t deny services to firms involved with cryptocurrencies, according to Israel’s attorney general Avichai Mandelblit. Instead of halting financial services for all crypto firms, banks should closely examine each case for indicators of money laundering risks or other illicit financial practices, Mandelblit told the Tel Aviv District Court. Mandelblit’s stance purportedly opposed to […]

Irish High Court seizes $56 million in bitcoin

Irish Court Seizes $56 Million in Bitcoin From Alleged Drug Dealer

An alleged drug dealer lost $52 million euro (over $56 million) in Bitcoin after the Irish High Court ruled that they were criminal proceeds and should be confiscated. Local news outlet independent.ie reported on Feb 19 that the court accepted that Clifton Collins was involved in drug trafficking. Collins didn’t content the Criminal Assets Bureau’s […]

Tokenomica now offers crypto-to-euro trading

Crypto Exchange Tokenomica Now Offers OTC Crypto-to-Euro Trading

Tokenomica, a crypto asset exchange based in Malta, has announced over-the-counter, or OTC, cryptocurrency trading for large participants. The Mediterranean-based exchange now offers participants the ability to trade large amounts of BTC for Euros, separate from the exchange’s order books. The first announcement comes directly from Toenomica through its blog post on Feb 18. The […]

Crypto Trading vs. Forex Trading

How Crypto Trading Is Different from Forex Trading?

In the early days of blockchain, many see cryptocurrency trading as merely exchanging a few dollars of Bitcoins (BTC). The birth of other tokens and the high volatility in cryptocurrencies have led many traders to speculate by buying a few coins through exchanges in hoping the value will increase for the sake of profit. In […]

bitcoin scammers target users using Google AdSense

New Email Extortion Scam Targets Google AdSense, Demands Bitcoin

A new extortion scam targeting website owners serving banner ads through the Google AdSense program has begun circulating the internet. The malicious scheme demands Bitcoin in exchange for preventing an attack, which would purportedly lead to the users’ AdSense account suspension. The email-based extortion scheme was first reported by security news and investigation block KrebsOnSecurity […]

brazilian cryptocurrency exchanges hits hard with crypto tax regulations

Brazilian Cryptocurrency Exchanges Hit Hard by Tax Regulations

Legislators in Brazil have gotten support to regulate the crypto market following allegations of fraud at Atlas Quantum, Zero10, and Trader Group last year. And, February saw some of the results of those actions. Bitcoin.com has reported that two major cryptocurrency exchanges based in the South American nation have been shut down following threats of […]

moneygram reveals fastsend

MoneyGram Reveals Real-Time Remittance Tech, Based on Visa not Ripple

Remittances giant MoneyGram announces a new service allowing real-time money sending, but the solutions of its blockchain partner Ripple aren’t involved. MoneyGram recently makes FastSend public. It’s a brand new service that allows its customers to send money in real-time to a phone number via a dedicated website or mobile application. Still, the firm’s answers […]