Japan: Regulators Approve Startup’s Bitcoin Sidechain Trial for Exchanges

Crypto Garage’s Settlenet system, which will be trialled within Japan’s regulatory sandbox, aims to provide easier liquidity solutions for exchanges. Japanese blockchain development company Crypto Garage announced it had gained regulatory permission to trial its settlement system using Blockstream’s Liquid Sidechain, Cointelegraph Japan reported Jan. 21. Crypto Garage, which claimed to be the first such […]

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Proposed License Requirements End Anonymous Crypto Selling and Buying in the Netherlands

Pete Hoekstra, Netherlands’ Minister of Finance, received official advice that a licensing system should be introduced for crypto services. Pete Hoekstra, the Netherlands’ Minister of Finance, has received official advice that a licensing system should be introduced for crypto services, Dutch media outlet Nederlandse Omroep Stichting (NOS) reports on Jan. 18. Hoekstra reportedly requested advice […]

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Malaysia Develops Harsh Regulation Alongside With Positives Attitudes Toward Crypto

Malaysia has given cryptocurrencies the regulatory green light — but they have to adhere to securities laws and will be governed as such. Cryptocurrency exchanges and blockchain-based companies in Malaysia face some testing times following regulatory changes in the country. As of Tuesday, Jan. 15, new regulations governing cryptocurrencies have come into effect in Malaysia. […]

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Chip Making Giant TSMC Reports Significant Drop in Crypto Mining Revenue

Chip manufacturing giant Taiwan Semiconductor Manufacturing reported a sizeable drop in its crypto mining-related revenue in 2018. Chip manufacturing giant Taiwan Semiconductor Manufacturing (TSMC) reported a sizeable drop in its crypto mining-related revenue in 2018. The news was revealed in the company’s Q4 2018 financial results, published Jan. 17, together with an earnings call transcript. […]

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Spanish Car Manufacturer SEAT Joins Alastria Consortium to Develop Blockchain Products

SEAT, the largest car manufacturer in Spain, has joined Alastria consortium focused on the development of blockchain technology. Spanish automobile manufacturer SEAT has joined Alastria consortium to work on the development of blockchain-based products. Cointelegraph in Spanish reported the news Jan. 16. Founded in 1950, SEAT is a state-owned industrial company and Spain’s largest car […]

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South African Gov’t Reveals It Has No Plans to Ban Crypto in Recent Consultation Paper

South African central bank has issued a jointly developed consultation paper, revealing that it does not intend to ban crypto. The South African Reserve Bank (SARB) has issued a consultation paper assessing the benefits and risks of cryptocurrencies. The paper, developed jointly with a number of the country’s government agencies, was announced in an official […]

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