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.

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Fiat institutions in virtual worlds

Fiat institutions in virtual worlds

A number of countries now want to control how people invest their digital currencies, but they will fail. Fiat authority is not transferable.

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Down 38%: Bitcoin Stumbles Amid Regulatory Uncertainties In China

Down 38%: Bitcoin Stumbles Amid Regulatory Uncertainties In China

The price of bitcoin has fallen 38% since the beginning of this month as Chinese authorities are tightening their grip on cryptocurrencies. BTCChina, one of the biggest exchanges in China, announced on Thursday that it will close down its trading operations by September 30, while BitKan, a leading cryptocurrency trading app has already suspended over-the-counter […]

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India’s Central Bank Says Digital Currencies Are ‘Susceptible to Misuse’

India’s Central Bank Says Digital Currencies Are ‘Susceptible to Misuse’

India’s central bank has said to a parliamentary committee that digital currencies are ‘susceptible to misuse or abuse.’ In March, India’s finance ministry set up an interdisciplinary committee tasked with looking into cryptocurrencies such as bitcoin after they had become ‘a cause for concern.’ Tasks included determining the status of digital currencies in India and […]

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