Japan and South Korea took the remaining spots in the top three countries, still far behind the U.S. The United States, Japan and South Korea are the world’s biggest fans of cryptocurrency exchanges, new research from software firm DataLight reported April 29. After investigating the origin of traders who use well-known exchanges, DataLight — which […]
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Bitfinex and Tether deny the New York attorney general’s claims of a lost $850 million, and Samsung considers a Samsung Coin. Top stories this week Bitfinex Allegedly Covers $850 Million Loss With Tether Funds The New York attorney general’s office alleged this week that crypto exchange Bitfinex lost $850 million and subsequently used funds from […]
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A draft bill that would outright ban cryptocurrency is reportedly circulating among various departments of the Indian government. A draft bill that would outright ban cryptocurrency is reportedly circulating among various departments of the Indian government, local media outlet The Economic Times reported on April 25. An official familiar with the matter reportedly told the […]
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Ripple sold $169.42 million worth of XRP in Q1 2019, up over 31% from the preceding quarter. Ripple sold $169.42 million worth of XRP in Q1 2019, up over 31% from the preceding quarter, the company’s latest quarterly XRP Markets Report revealed on April 24. While the $169.42 million figure represents a 31% increase in […]
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FinCEN’s enforcement against a p2p crypto exchanger could set a precedent, and French instant mashed potatoes go blockchain. Top Stories This Week FinCEN Takes First Enforcement Action Against Peer-to-Peer Cryptocurrency Exchanger In an apparent first, the United States Financial Crimes Enforcement Network (FinCEN) has given a penalty to a California resident who has been accused […]
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Fintech firms can put blockchain technology to the test, but cryptocurrency projects are excluded, India’s central bank has announced. The Reserve Bank of India (RBI) has announced the terms of its regulatory sandbox in report on April 18. Per the terms of the sandbox, various applications of blockchain technology can be tested, while cryptocurrency-related projects […]
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Major American cryptocurrency exchange and wallet provider Coinbase has expanded its crypto-to-crypto trading to more countries. Major American cryptocurrency exchange and wallet provider Coinbase has expanded its crypto-to-crypto trading to more countries, according to a blog post published on April 17. Coinbase and its professional trading platform Coinbase Pro have introduced crypto-to-crypto conversions and trading […]
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The exchange, like others in India, faces an ongoing stranglehold on operations by the central bank. Indian cryptocurrency exchange Unocoin has fired half its staff, leaving the company with 14 workers, Indian daily news outlet The Economic Times reported on April 16. Citing regulatory uncertainty in the industry, Unocoin said it had made the decision […]
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Samsung SDS reportedly will work with Indian IT giant Tech Mahindra in an attempt to enter the overseas blockchain market. Samsung SDS has reportedly agreed to cooperate with Indian IT giant Tech Mahindra in an attempt to enter the overseas blockchain market, The Korea Times writes Sunday, April 14. SDS, the systems integration arm of […]
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Major Indian banks plan to focus on blockchain tech implementation to increase digital transaction quality. The National Payments Corporation of India (NPCI) is considering implementing blockchain technology to increase the strength of digital transactions, Indian business magazine Business Today reports on April 14. The initiative of ten banks, under the aegis of the Indian Banks’ […]
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