There are over 100 companies reportedly waiting for the Japanese Financial Services Agency to approve their registrations to operate cryptocurrency exchanges. While only 16 exchanges are fully licensed in Japan, the agency has allowed another 16 to operate without a …
The Russian government is drafting a bill to introduce the accreditation of initial coin offering issuers. Accredited organizations must comply with a set of rules, including having 100 million rubles capital, and are subject to inspections every three years. The …
Japanese entertainment giant DMM has launched its “large-scale Japan-quality” mining farm, with a plan to deploy more farms overseas. DMM is also launching a showroom, allowing the public to tour its mining farm, as well as a mining pool.
Also …
The South Korean government is considering introducing an approval system for cryptocurrency exchanges based on the Bitlicense model, developed by the New York State Department of Financial Services.
Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License…
A number of new cryptocurrency exchanges are launching in South Korea despite being unable to provide full service due to regulatory challenges. Since the Korean government enforced the real-name system on cryptocurrency accounts, banks have only been providing fiat deposit …
This week the Republican Senate candidate Austin Petersen announced he accepted the largest federal election campaign contribution settled in digital currency. Petersen, a former Libertarian, has received a total of 24 cryptocurrency donations this year, and the largest was for …
This week Colorado House Representative Jared Polis sent a letter to the U.S. House Committee on Ethics asking the organization to propose statutes that require government employees to declare their bitcoin and digital currency holdings.
Also Read: India’s Tax Department …
Russia’s largest bank, the state-controlled Sberbank, has reiterated that it is not mining cryptocurrencies. However, the bank says that it has often caught its employees crypto mining using the bank’s equipment.
Also read: Japan’s DMM Bitcoin Exchange Opens for Business …
Thailand’s financial agencies have agreed that regulators cannot stop the use of cryptocurrencies within the country. The relevant ministries will meet and discuss the regulatory framework for digital currencies and initial coin offerings, which is expected to be finalized within …
The case against the South Korean government over cryptocurrency regulations filed with the Constitutional Court has been referred to the Supreme Court. If the court rules that the regulations are unconstitutional, all existing crypto regulations imposed by the government could …
