Report: South Korean Crypto Exchanges Overtake Maltese Ones by Daily Trade Volume

A recent report by CryptoCompare shows that South Korean crypto exchanges saw $200 million more in average daily trade volumes than their Maltese competitors. Cryptocurrency exchanges registered in South Korea have overtaken their Maltese-registered counterparts by average daily trade volume in November. This is according to a report by cryptocurrency market data provider CryptoCompare, published […]

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Malaysia: Finance Regulator, Central Bank Say Cryptocurrency Regulation ‘Being Put in Place’

Authorities are in the process of developing cryptocurrency and ICO rules, which could become law in Q1 2019. Malaysia’s finance regulator and central bank issued a joint press statement Dec. 6 in which they confirmed they were “putting in place” legislation on cryptocurrency and Initial Coin Offering (ICO) assets. The statement from the Malaysia’s Securities […]

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Two US Bills Focus on Cryptocurrency Market Manipulation and Improving Regulations

The proposals come in the wake of dissatisfaction within and beyond the industry with current regulatory practices. Two new bills focusing on cryptocurrency market manipulation aim to “position the United States to be a leader in the cryptocurrency industry,” their sponsors claimed Dec. 6. The bills, dubbed “The Virtual Currency Consumer Protection Act of 2018” […]

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Swiss Post & Swisscom Launch ‘100% Swiss’ Blockchain Infrastructure

Switzerland’s national postal service Swiss Post and state-owned telecoms provider Swisscom are partnering on a “100% Swiss” permissioned blockchain infrastructure. Switzerland’s national postal service Swiss Post and state-owned telecoms provider Swisscom are partnering on a “100 percent Swiss” blockchain infrastructure, according to a press release Dec. 6.   The new infrastructure is reportedly the first […]

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SBI Holdings, R3 Embark on ‘Joint Venture’ to Boost Corda Blockchain Use in Asia

R3’s Corda platform aims for an adoption boost via a partnership with Japanese financial services giant SBI Holdings. Japanese financial services company SBI Holdings will partner with software firm R3 to expand local use of its Corda blockchain platform, Cointelegraph Japan reported Dec. 5. Quoting local news outlet Nikkei, the report reveals that SBI, which […]

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Malta, Italy Issue Joint Warning Over Potential Unlicensed Cryptocurrency Exchange

A statement from Maltese regulators requires site OriginalCrypto to stop serving the Italian and Maltese markets. Malta has warned citizens about an unlicensed cryptocurrency exchange serving its domestic market. Regulators ordered the platform to stop operating in a notice Dec. 5. The offending platform, OriginalCrypto, had first come to the attention of Italian officials concerned […]

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R3 Adds Ripple as First Crypto for Its Universal Payments DApp

Enterprise blockchain consortium R3 has released a new universal payment settlement platform, with ‘rival’ Ripple’s XRP the first crypto to be supported. Enterprise blockchain software firm R3 has announced that ‘rival’ Ripple’s XRP token will be the first crypto supported on its new universal payment settlement platform, Finextra reports today, Dec. 5. Dubbed “Corda Settler,” […]

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Major South Korea Tech Holding and ConsenSys Sign MoU to Develop Blockchain Business Hub

SK Group has signed an MoU with ConsenSys to create and develop an “enterprise blockchain ecosystem.” South Korean technological holding SK Group has signed a Memorandum of Understanding (MoU) with ConsenSys for blockchain business cooperation, according to a SK Group official press release published today, Dec. 4. SK Holdings C&C is the information technology solutions […]

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