Crypto Miners Sold By the Kilo in China
Crypto Mining

Crypto Miners Sold By the Kilo in China

The mining operators in China are selling off their hardware by weight instead of per unit price. This is due to the bearish run of the cryptocurrency market, which has observed another steep drop in the price of Bitcoin and other cryptocurrencies. The news about this selling off was reported …

Bitex Crypto Exchange Launches in UAE
Cryptocurrency News

Bitex Crypto Exchange Launches in UAE

Bitex officially launches its cryptocurrency exchange in the United Arab Emirates. The exchange plants to support Bitcoin core, Bitcoin Cash, Ethereum and Litecoin for its initial run. The exchange has also announced its plans to provide a cryptocurrency wallet which comes with a cash deposit service. Monark Modi, CEO, Bitex …

Indian Man Scammed Out of 10 Crores Over Bitcoin | Coindelite News
Bitcoin News

Indian Man Scammed Out of 10 Crores Over Bitcoin

Chandigarh, a northern Indian State has become the witness for one of the biggest cryptocurrency scams in the country. The Chandigarh Police has filed a chargesheet against four people accused of scamming a victim out of  ₹6-10 crore ($0.8 – 1.4 million)  through a digital currency investment fraud. The names …

French Tobacco Companies to Deal With Bitcoins | Coindelite News
Bitcoin News

French Tobacco Companies to Deal With Bitcoins

France based tobacconists have announced that they are going to sell Bitcoins to the public from the next year. France-based radio station Europe 1 announced that the tobacco retailers would offer Bitcoin vouchers in categories of 50, 100 or 250 euros (around $57, $114 or $285) from Jan 1, 2019. Keplerk, a …

Spain Investigates 15000 Crypto Investors
Cryptocurrency News

Spain Investigates 15000 Crypto Investors

The Ministry of Treasury in Spain is looking to crack down on tax evasion and money laundering. The government body has identified around 15,000 cryptocurrency investors and is monitoring them for any suspicious activity. The ministry wants to ensure that investors are paying taxes on their capital gains achieved from …

SEC Issues Final Warning to Crypto Companies
Cryptocurrency News

SEC Issues Final Warning to Crypto Companies

Preston Byrne, the founder of Monax and Attorney at ASI recently talked about the SEC excluding the United States from the rapidly growing ICO market. He talked about the risks that companies face when failing to register with the SEC when conducting an ICO in the US. In case of …

Japanese Shipping Firm to Launch Its Own Crypto | Coindelite News
Cryptocurrency News

Japanese Shipping Firm to Launch Its Own Crypto

Nippon Yusen K.K. (NYK), one of the Japanese shipping company has announced that it plans to launch its own cryptocurrency for crew members. The firm was established in 1885, and it is one of the largest shipping lines in terms of sales. According to the reports, the consolidated revenue of the …

Coinbase Loses Chief Policy Officer
Crypto Exchange

Coinbase Loses Chief Policy Officer

Coinbase, one of the largest cryptocurrency exchanges in the world has recently lost its head of policy decisions. Michael Lempres quit his job at the cryptocurrency exchange amidst increasing tensions between the crypto industry and the government. Lempres was working in the capacity of legal chief before being promoted to …

Saudi Arabia Plans to Launch Own Crypto in 2019
Cryptocurrency News

Saudi Arabia Plans to Launch Own Crypto in 2019

In 2018, we witnessed multiple countries issuing their own cryptocurrencies. While not all rollouts are successful implementations, it has done little to discourage nations. Even though Venezuela’s Petro is a failure, it hasn’t stopped countries like Saudi Arabia to consider cryptocurrencies. Recently, it was announced that Saudi Arabia will be …

italian-authority-bans-unauthorized-crypto-firms/
Crypto Regulations

Italian Authority Bans Unauthorized Crypto Firms

Italian authorities are issuing strict rules against cryptocurrency companies. Recently, the Commissione Nazionale per le Società e la Borsa (CONSOB) ordered a ban on three cryptocurrency related firms that provide unauthorized investment services. The first company is named Richmond Investing has been violated by the Consolidated Law on Finance (TUF). TUF …

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