BTCC, China’s First & Oldest Exchange, Exits Bitcoin Business Amid Regulatory Pressures
BTCC Steps Down BTCC, the corporation that formerly dominated Asia’s cryptocurrency market, has announced its withdrawal from the industry. In May 2020, the.
Crypto News
Crypto News
Europol Clamps Down On A Belgian Ponzi Scheme, Shuts Down Vitae. Almost 1.5 million euros Reinstated.
Europol Cracks Down A Ponzi Scheme Europol, through its extremely covert investigation, took down a Ponzi Scheme running on the Vitae platform. It.
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Huobi Barrs Chinese Residents From Swapping Cryptocurrency Derivatives
Huobi Bans Chinese Customers The Seychelles-based cryptocurrency exchange, originally formed in China, Huobi, updated its Terms of Service (ToS) and user agreement. The.
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Despite RBI’s nudge to ignore its 2018 order, Indian Banks Halting Services to Crypto Industry
Banks Suspending Crypto Services Despite the Reserve Bank of India (RBI) informing the banks that the banning circular is no longer relevant, some.
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FCA Bans Crypto Exchange, Binance, from Offering Services In The U.K
FCA Bans Binance The financial watchdog of the United Kingdom, the Financial Conduct Authority, imposed a ban on Binance. Binance is an extremely.
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FSCA Is Planning To Declare Crypto Assets A Financial Product
The Finance Services Conduct Authority (FSCA) is considering declaring crypto assets a financial product. Following the latest scam, Africrypt, investors lost a whopping.
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MiCA Law Draft Designates CNMV, ECB, and Bank of Spain to Supervise Cryptos
The MiCA Law Draft The recent MiCA (Europe’s Markets in Crypto-Assets Regulation) Law draft has brought about many changes. It has announced that.
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Citi Group’s Wealth Management Division Launches ‘Digital Assets Group’
Digital Assets Group According to an internal memo shared on Thursday, the wealth management division of the Citi Group has set up a.
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South Korea Cracks Down On Tax Evaders, Confiscates $47 Million Worth Crypto.
The Tax Evasion Scandal South Korean authorities expose thousands of tax evaders as they intensify the crackdown on tax dodging. This resulted in.
Crypto News
FCA Issues A Warning Towards 111 Illegally Operating UK based Crypto Firms
FCA’s Warning The United Kingdom’s financial regulating body, the Finance Conduct Authority (FCA), issued a warning towards a hundred and eleven crypto firms..