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Thursday, January 30, 2020

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Singapore Enforces Licensing For Crypto Exchanges

Singapore's new law, requiring cryptocurrency exchanges to register comes into force today. The Payment Services Act, which was first passed in January 2019 requires all cryptocurrency exchanges to be registered and licensed to operate in the country. Some of the requirements include anti-money laundering (AML)...

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Singapore Enforces Licensing For Crypto Exchanges

Singapore's new law, requiring cryptocurrency exchanges to register comes into force today. The Payment Services Act, which was first passed in January 2019 requires...

Experts Say Libra Pushes Global Reconsideration of US dollar as Anchor Currency

After Facebook announced the cryptocurrency Libra plan in June last year, it has received full attention, and yesterday at the World Economic Forum in...

Pornhub Blocked by PayPal, Accepts Tether Payments This Year

Pornhub, the world’s largest pornographic video website, was blocked by the electronic payment company PayPal more than two months ago. Users can no longer...

Libra Development Hit Again, Vodafone Withdraws From Committee

Vodafone, a British telecommunications company, joined Facebook's cryptocurrency Libra committee in June last year, but announced its formal withdrawal yesterday. Following 7 companies including...

Chinese Blockchain Startups Received Half the Funding in 2019 as Compared to 2018

The recent 2019 blockchain investment and financing report released by data-driven investment platform Rhino Data in conjunction with Xinhua Finance shows that Chinese blockchain...

Former IMF Vice President Zhu Min Says Libra Changes Financial Ecology

Former Vice President of the International Monetary Fund (IMF) Zhu Min, when attending the World Economic Forum in Davos yesterday, bluntly said that Facebook's...

IOTA and Jaguar Cross-Road Cooperation

Jaguar Land Rover, the UK's largest automaker, announced today that it has partnered with the cryptocurrency IOTA to launch a "smart wallet" that allows...
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SmartUp: Another Crypto Bull Run Depends On Technological Breakthrough

SY Chan, Chief Investment Officer at SmartUp, told CoinsNetwork in an interview that Bitcoin price would be relatively stable, and this year will be the year of "BUILD" and "HODL (meaning holding)."

Fidelity Trading Platform Considering Its Top Five Cryptocurrencies in the Market Capitalization

Fidelity Digital Asset Services, a subsidiary of Fidelity Investments, announced in October that it launched a cryptocurrency platform. The outside world has been paying attention...

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【Korea Live】Crypto is Already Mainstream in South Korea

Kim said that South Korea has a good environment for developing cryptocurrencies due to its high population density, a high degree of emphasis on technology, a fast network, and an historical acceptance of virtual digital products.

[HKBCS 2018] Industry Forsees Authorities Keeping Close Eye to Market Trends

The cryptocurrency market has been in turmoil for the past year, and the industry is embarking on deepening the development of its underlying technology. Bonnie...

Binance’s First Acquisition, Trust Wallet

Binance, one of the world's largest cryptocurrency exchanges, announced the completion of the acquisition of Trust Wallet, a cryptocurrency wallet company. This was also...

【Exclusive Interview】Patrick Tang of Plair

Back in July, we ran into Patrick Tang, the CEO of Plair, at Distributed 2018 in San Francisco. Plair describes themselves as a video-gamer-focused...

[Expert Analysis] Outlook of Venezuela’s Cryptocurrency Not So Optimistic

The economic problems in Venezuela remain unresolved and the Bolivar, the original legal currency, is a waste of paper at this point. The International Monetary...

Yoni Assia: In the long term, I’m a great believer of cryptocurrency

The hype of crypto space ended in late 2018. Since then bitcoin price struggles to recover and remains around $3500. It makes sense for people to lose faith in cryptocurrency, but Yoni Assia, CEO of eToro still believes the cryptocurrency during his interview with Coinsnetwork

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Seven Cryptocurrency Exchanges Could Receive Japan FSA-Issued Licenses in Two Months

The Japan Financial Services Agency (FSA) released a document on Friday, January 11th to specify the application process for the cryptocurrency exchangelicense. It is...

Standardization Administration of China Forms Committee to Drive ‘High-Tech Innovation’

China state council authorized Standardization Administration of China (SAC) has announced that they have set up a national standards committee for blockchain technology to...

New Cryptocurrency Trading Platform Ready to Enter Hong Kong

There a cryptocurrency platform entering Hong Kong. Zhang Xiulian, chief executive of the Hong Kong Crypto EX Platform (HKCEXP), said at a press conference today...

Experts Say Libra Pushes Global Reconsideration of US dollar as Anchor Currency

After Facebook announced the cryptocurrency Libra plan in June last year, it has received full attention, and yesterday at the World Economic Forum in...

Huobi Acquires Controlling Share in Hong Kong-Listed Investment Company

According to a Hong Kong Stock Exchange (HKEx) press release on August 21, Huobi acquired 73.73% of Pantronics Holdings, a Hong Kong-listed company, for about...

News Archive

Coinsuper to Suspend Transaction Mining

Hong Kong-based cryptocurrency exchange Coinsuper officially announced yesterday that "transaction mining" will be suspended effective August 30, 2018. The announcement stated after it's initial launch on July...

More Than 7,000 Bitcoins Were Stolen by Hacker From Binance

The world's largest cryptocurrency exchange currency, Binance, announced that it was hacked and 7074 bitcoins were stolen. Calculated with the current price, nearly $42 million...

Michael Novogratz’s Galaxy Digital Plunged More Than 20% Yesterday

Galaxy Digital, a crypto asset investment company from well-known Bitcoin investor Michael Novogratz's, plunged yesterday by more than 20%, and its share price closed at...

Libra Holds Only 21 Founding Members of the Inaugural Committee

After several founding members of the Libra committee recently withdrew, the remaining 21 members of the committee finally held its inaugural meeting in Geneva, Switzerland. However,...

Bitfinex Fundraising Details Plan to Repurchase New Tokens Every Month

The cryptocurrency exchange Bitfinex and the stablecoin Tether have recently been involved in a significant loss of money and are preparing to raise funds through...

Analyst Who Predicted 2018 Collapse Expects Bitcoin to Hit $100K

Veteran crypto trader and analyst Peter Brandt who successfully predicted the 2018 crash before it happened expects Bitcoin to hit $100,000. In a recent episode...

【Korea Live】Michael Novogratz: His Big Bet is no Guess

Michael Novogratz, the self-title "Oldest Person in Crypto" and Famous Bitcoin investor, said 10% of his total assets last year were invested in cryptocurrencies such...

UK Regulators Say They Will Ban Cryptocurrency Derivatives Next Year

The Financial Times reported that the Financial Conduct Authority (FCA) said on Monday that it will start consultations in the first quarter of next year to...

Opennity Attends Taiwan ABS to Introduce Talent for the Blockchain Industry

The blockchain community economy platform Opennity will be in attendance for the two-day 2019 Asian Blockchain Summit in Taiwan, aiming to introduce talent for the...