Crypto Exchange

India’s Central Bank clarifies that cryptocurrencies are not banned

RBI made this argument during the ongoing case in the Supreme court of India that will judge if RBI's decision to suspend banking support to crypto trading was constitutional or not. RBI says that it suspended banking support for...

Zipmex receives license from Thailand authorities to operate as cryptocurrency exchange

Zipmex announced that they had received a license to operate as a cryptocurrency exchange in Thailand. The exchange also operates in other countries, including Australia, Singapore, and Indonesia.   "Being a regulated entity will help provide trust to newcomers." Zipmex Thailand CEO...

Binance CEO responds to Chainalysis money laundering claims

In a report published on 15th Jan, Chainalysis claimed that Binance and Huobi received nearly 50% of the bitcoins tainted with crime and were laundered through these exchanges. Binance CEO took to tweeter to respond to those claims.   "Bad business...

Terrorists are using more sophisticated ways to raise funds via cryptocurrencies.

The New-York based researching firm, Chainalysis, reported that terrorists are getting more sophisticated as to how they raise their funds, which in result has made it difficult for government officials to catch them.   Terrorists collected thousands of dollars in crypto...

South Korea is planning to impose a 20% tax on crypto incomes.

According to the Korea Herald report, the South Korean ministry of economy and finance has ordered the office of income tax to review a taxation plan for cryptocurrencies. The call for taxing cryptocurrencies has raised speculations that the government...

The Swiss-based crypto bank SEBA is looking to raise $95 million

According to Financial News London report, SEBA aims to secure 100 million Swiss francs, equivalent to $95.6 million. SEBA become one of the first major licensed banks that deal in cryptocurrency. The bank received its license only six months...

Kraken CEO believes privacy coins will become widely accepted.

Kraken CEO Jesse Powell, in a conversation with crypto and privacy advocate Naomi Brockwell, said that there are a lot of legitimate reasons to have financial privacy. He believes privacy coins such as Monero and Dash serve an important...

Canadian regulators set guidelines for crypto exchanges after multiple scams in the country.

The Canadian Securities Administration published a notice saying that they plan to outline the difference between exchanges that immediately deliver the digital asset or crypto coin to the user, and those that hold them in a custody-like arrangement for...

Binance expands into Japan, partners with subsidiaries of Japan Yahoo.

One of the world's leading crypto exchange Binance is continuing to expand into countries all over the world. In the latest collaboration, Binance is in negotiations with the Z Corporation, a subsidiary of Yahoo Japan, and TaoTao for strategic...

Bithumb takes legal action to nullify the massive tax of $69 million slapped by NTS.

The South Korean crypto exchange Bithumb is taking legal action against the National Tax Service to nullify the massive tax of nearly $70 million. The Tax Tribunal has 90 days to determine whether to grant or dismiss Bithumb's motion....

Latest News

India’s Central Bank clarifies that cryptocurrencies are not banned

RBI made this argument during the ongoing case in the Supreme court of India that will judge if RBI's...

US lawmakers introduce a bill to simplify taxing crypto gains

Representative Suzan Delbene last week introduced a proposal to amend the crypto taxation law. The bill proposes to exempt personal cryptocurrency transactions from taxation...