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CRYPTOMARKET
  • World’s Second Largest Crypto Exchange OKEx Moves To ‘Blockchain Island’ Of Malta

    Malta, which has recently passed regulatory legislation concerning Blockchain, cryptocurrencies, and Initial Coin Offerings (ICO) in a bid to become a crypto-friendly “Blockchain island,” is welcoming major crypto exchange OKEx to the country, according to an OKEx press releasepublished today, April 12. Crypto exchange Binance, the world’s largest exchange by trade volume, also reported at […]
  • Bitcoin’s Price Jumps $1,000 In 30 Minutes Of Market Growth Across The Board

    The crypto markets experienced an explosion of growth today, April 12, with Bitcoin (BTC) jumping more than $1,000 to break $8,000 over just a 30 minute period, and the rest of the market solidly in the green. While no specific events have been confirmed as the reason for the sharp price jumps across the board, […]
  • Crypto Markets Experience Slight Uptick After Week Of Lows

    The crypto markets are seeing a slight upward trend Saturday, March 31, after hitting monthly lows this week, according to data from Coin360. Bitcoin (BTC) is above $7,000 again, trading for around $7,140 and up over 2 percent over a 24 hour period to press time. BTC saw a 24 hr low today of $6,623, […]
  • Major Russian Bank Looks To Pilot Crypto Transactions In Switzerland

    Major Russian state-owned bank Gazprombank will be conducting pilot cryptocurrency transactions in Switzerland, local news outlet Vedomosti reported March 29. According to Aleksandr Sobol, the Deputy Chairman of the Board at Gazprombank, Switzerland was chosen due to the more liberal crypto legislation in the country. Sobol said that “some kind of pilots” will “of course” […]
  • OKEx Resolves Futures Price Slip Impact As Trader Threatens Suicide

    Hong Kong cryptocurrency exchange OKEx announced it would take steps to address its Bitcoin futures contracts March 30 after “abnormal” pricing saw one user even threaten suicide at its head office. In a message to traders, OKCoin’s exchange, whose quarterly futures market posted significantly lower BTC/USD readings than the global market this week, blamed the […]
  • South Korea’s Major Internet Conglomerate Kakao Officially Announces Blockchain Subsidiary

    Kakao Corp, the major internet conglomerate and service provider for popular South Korean messaging app KakaoTalk, has officially introduced a new business plan, Kakao 3.0, that includes plans for opening a Blockchain platform aimed at the wider Asian markets, local news outlet Yonhap News reported yesterday, March 27. Earlier this month, Kakao had already tentatively announced the […]
  • China: PBOC Begins Blockchain Rollout With ‘Blockchain Registry Open Platform’

    China’s central bank realized the first of what will likely be many Blockchain implementations in the form of the Blockchain Registry Open Platform (BROP), released Monday, March 26. Unveiled at the Global Financial Science and Technology Summit in the city of Hangzhou, BROP is an open Blockchain protocol developed by the Zhongchao Blockchain Research Institute. […]
  • Singapore, Japan Associations Sign Agreement For Joint Fintech Development

    The Singapore Fintech Association (SFA) and the Fintech Association of Japan (FAJ) have signed a Memorandum of Understanding (MOU) in order to collaborate on fintech development, according to a joint press release published on Monday, March 26. The press release notes that the agreement will “raise the profile of the Japanese fintech industry and promote […]
  • Australia’s Tax Office Seeks Public Feedback On Taxing Cryptocurrency

    The Australian Taxation Office (ATO) posted a bulletin yesterday, March 26, asking for the public’s input on cryptocurrencies, specifically in regards to tax obligations. The tax regulator notes in yesterday’s bulletin that while they have asked for advice on crypto in the past, a growing interest in the specifics of taxing crypto prompted this additional […]
  • Belarusian Ministry Of Finance Releases Cryptocurrency Accounting Framework

    Belarus has officially introduced cryptocurrency accounting standards, according to a March 6 document by the Ministry of Finance, local news outlet Jourtify reported yesterday, March 25. The document lays out the information needed about tokens for accounting purposes, as well as how to categorize tokens received by organizations (excluding the National Bank, Development Bank, non-financial […]
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