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.
Crypto News
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.
Bitcoin News
Despite the BTC price drop, Bitcoin held on exchanges is down 28% year over year.
The Drop of Bitcoin The value of bitcoin has dropped by 42.93% since March 29, the number of bitcoin stored on exchanges has.
Crypto News
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.
Bitcoin News
CME’s Micro Bitcoin, Hits Over A Million Contracts In Less Than Two Months
CME Creates A Milestone Chicago Mercantile Exchange’s, or better known as CME Group, micro bitcoin futures have already surpassed a million contract mark..
Crypto News
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.
Crypto News
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.
Crypto News
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.
Crypto News
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.