Russia’s Ministry of Finance Publishes Draft of Cryptocurrency Bill

Russia’s Ministry of Finance Publishes Draft of Cryptocurrency Bill

Russia’s finance ministry has published a draft bill on “Digital Finance Assets” which outlines a framework for the regulation of cryptocurrency, tokens, and ICOs in Russia. If signed into law, the document will legalize cryptocurrencies, making …

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Japanese Bitcoin Exchange BitFlyer Wins EU License

Japanese Bitcoin Exchange BitFlyer Wins EU License

Japanese bitcoin exchange BitFlyer has announced its launch into Europe after being granted a payment institution license to operate in the European Union (EU). BitFlyer has become the first bitcoin exchange in the world to be regulated in Japan, the U…

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Several South Korean Banks May Close Down The Accounts of Bitcoin Traders

Several South Korean Banks May Close Down The Accounts of Bitcoin Traders

Woori Bank, the third largest commercial bank in South Korea behind Shinhan and Kookmin, is planning on closing down the existing accounts of cryptocurrency exchanges. Last week, mainstream media outlet Hankyoreh reported that Woori Bank is planning to…

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Russian Minister: Russia Will ‘Never’ Consider Bitcoin as a Legal Entity

Russian Minister: Russia Will ‘Never’ Consider Bitcoin as a Legal Entity

Russia’s minister of communications and mass media has said that Russia will never legalise bitcoin in the country. Reported by Russian News Agency TASS, Nikolai Nikiforov said: “Bitcoin is a foreign project for using blockchain technology, the Russian…

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Japan Solidifies its Position as Bitcoin Powerhouse, Processes 61% of Global Trades

Japan Solidifies its Position as Bitcoin Powerhouse, Processes 61% of Global Trades

Over the past month, following The PBOC’s crackdown on Chinese Bitcoin exchanges, Japan has successfully evolved into the largest Bitcoin exchange market by trading volume, overtaking the US by a significant margin. According to various market da…

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Japan FSA Grants Virtual Currency Exchange License To 11 Companies

Japan FSA Grants Virtual Currency Exchange License To 11 Companies

Eleven digital currency companies in Japan have been granted a Virtual Currency Exchange license by the Financial Services Agency (FSA), the country’s financial watchdog. These include bitFlyer, Quoine, Tech Bureau, Bit Bank, SBI Virtual Currencies and GMO Coin. The FSA is currently reviewing 17 other applicants, according to an announcement released today. Since April 01, […]

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Mexico on regulating bitcoin and its emerging fintech sector

Mexico on regulating bitcoin and its emerging fintech sector

Savvy fintech entrepreneurs are heading to Mexico to find solutions involving cryptocurrency to the some of the country’s biggest challenges

The post Mexico on regulating bitcoin and its emerging fintech sector appeared first on Crypto Insider – Bitcoin and Blockchain News.

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Where banks fail, blockchain companies step-up

Where banks fail, blockchain companies step-up

In a world where the rate of unbanked and underbanked citizens has become a serious cause for concern, blockchain services appear to perfectly slot in as ideal solutions to the developmental problems

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Blockchain and e-governance: from Estonia to BITNATION

Blockchain and e-governance: from Estonia to BITNATION

Blockchain technology has found plenty of advocates in the world of finance, banking and trade. But, it’s in the unlikely field of democracy where it may soon be making its presence felt most acutely.

The post Blockchain and e-governance: from Estonia to BITNATION appeared first on Crypto Insider – Bitcoin and Blockchain News.

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