Turkish Police Arrest 11 Wallet Account Hackers | Coindelite News
Crypto Hack

Turkish Police Arrest 11 Wallet Account Hackers

The cryptocurrency wallet hacks are one of the biggest threats in the cryptocurrency space. According to reports, the Turkish National Police and the Cybercrime team has arrested 11 criminals included in crypto account hacks. Victims have reported more than $80,000 in losses. The report claims that 14 individuals have complained …

Crypto Regulation

Hong Kong Drafts New Plans for Crypto Regulations

The Securities and Futures Commission of Hong Kong (SFC) has announced its plans for regulating the cryptocurrency industry. The regulator published two drafts for cryptocurrency exchanges, cryptocurrency portfolio managers, intermediaries, and fund distributors. The first draft describes an approach that aims to bring cryptocurrency portfolio managers and fund distributors under …

Jamie Dimon: I Don't Give A Shit About Bitcoin | Coindelite News
Bitcoin News

Jamie Dimon: I Don’t Give A Shit About Bitcoin

Jamie Dimon, CEO of JPMorgan Chase has once again spoke against the world’s most popular cryptocurrency Bitcoin. Jamie had previously said that he would not be speaking about Bitcoin after receiving reactions for earlier comments on the subject. While speaking at Axios conference held in LA, Jamie said in response …

Brazilian Banks to Re-Open Frozen Crypto Accounts | Coindelite News
Crypto Exchange

Brazilian Banks to Re-Open Frozen Crypto Accounts

Bitcoin Max is a Brazilian cryptocurrency exchange, two local banks closed its accounts in the country. The reports claim that Banco do Brasil and Banco Santander closed the exchange’s account without any explanation. Now, a Brazilian court has ordered these two banks to reopen the account of the Bitcoin Max. …

Ledger Includes Stablecoins Such as Tether | Coindelite News
Cryptocurrency News

Ledger Includes Stablecoins Such as Tether

The hardware cryptocurrency wallet maker, Ledger has planned to include support for more stablecoins such as Tether (USDT). The usage will be available across all its products and services. Ledger is currently supporting Tether for its two storage products named the Ledger Nano and Ledger Blue. The wallet maker wants …

Bank of America to Store Cryptocurrency Keys | Coindelite News
Cryptocurrency News

Bank of America to Store Cryptocurrency Keys

The U.S. Patent and Trademark Office has awarded a patent to the Bank of America (BOA) for a device which stores cryptographic keys. The bank drafts a “hardened storage device” for storing private keys. These private keys will be used for blockchain platforms. The announcement said that the existing system …

UK Government to Update Crypto Tax Guidance In 2019 | Coindelite News
Crypto Regulation

UK Government to Update Crypto Tax Guidance In 2019

UK officials have formed various regulatory steps around cryptocurrencies and the Distributed Ledger Technology (DLT). The Cryptoasset Taskforce’s report noted that the blockchain could be beneficial to the financial service sector & other industries. The HM Treasury, Financial Conduct Authority and the Bank of England will encourage the development of DLT and …

Ukraine to Legalize Cryptocurrencies Within 3 Years | Coindelite News
Cryptocurrency News

Ukraine to Legalize Cryptocurrencies Within 3 Years

The government of Kiev announced that it would legalize cryptocurrencies to regulate the fintech sector. The announcement is a part of a new public policy developed by the economy ministry. The process may take up to three years to complete. The industry built around cryptocurrencies should become a legitimate part …

Indian Govt to Decide Cryptocurrencies Within Two Weeks | Coindelite News
Cryptocurrency News

Indian Govt to Decide Cryptocurrencies Within Two Weeks

The Supreme Court of India has asked the country’s government to share their opinion about cryptocurrencies in two weeks. The court held a hearing on a number of petitions filed by local digital currency exchanges. The Internet & Mobile Association of India (IAMAI) has also filed a petition over the …

South Korea Warns Cryptocurrency Investors | Coindelite News
Crypto Regulation

South Korea Warns Cryptocurrency Investors

South Korea’s Financial Service Commission (FSC) has warned its citizens about cryptocurrency investment. The regulatory body has warned the public to research before investing in digital currencies. On Wednesday, FSC published a report claiming that the structure of cryptocurrencies is similar to mutual funds. Investors think that such funds are …