Blockchain & Cryptocurrency News

Regulation

Department Of Justice Launches Global Action Against NetWalker Ransomware

The Department of Justice today announced a coordinated international law enforcement action to disrupt a sophisticated form of ransomware known as NetWalker. NetWalker ransomware has impacted numerous victims,...

Coinness

Thu, 28 Jan 2021, 03:10 am UTC

Regulation Investing

San Francisco Resident Ordered To Return Stolen Cryptocurrency And Cash To Victims Of Multi-Million Dollar Cryptocurrency Fraud

Jerry Ji Guo was sentenced on January 26 for his role is a scheme to defraud his clients of cash and cryptocurrency in connection with an initial coin offering, announced United States Attorney David L. Anderson and...

Coinness

Wed, 27 Jan 2021, 02:04 am UTC

Regulation

Russian Public Officials Banned From Holding Cryptocurrency

Russian government officials must dispose of any digital asset holdings before April 1, a letter from the Ministry of Labor states. Russias Ministry of Labor has informed officials of federal and local government bodies...

Coinness

Mon, 25 Jan 2021, 11:20 am UTC

Regulation Business

Bahrain Central Bank Licenses Sharia-Compliant Crypto Exchange

CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in the Kingdom of Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB. The newly acquired Crypto Assets Services Company License...

Coinness

Mon, 25 Jan 2021, 10:32 am UTC

Regulation

30 suspects in 2018 hack of crypto exchange Coincheck arrested in Japan

Japanese authorities have arrested 30 people suspected of their involvement in the hack of the crypto exchange Coincheck three years ago. In January 2018, hackers breached the platform and stole 500 million NEM...

Mark Jason Alcala

Mon, 25 Jan 2021, 04:09 am UTC

Business Regulation

ENJ becomes the first gaming crypto to get regulatory approval in Japan

Japan is about to welcome its first gaming-focused cryptocurrency. Enjin Coin received the green light from Japanese regulators after successfully passing the countrys stringent requirements. Japan Virtual Currency...

Mark Jason Alcala

Fri, 22 Jan 2021, 08:17 am UTC

Regulation

45,000 Bitcoin mining rigs seized in Iran for unauthorized usage of subsidized electricity

The Iranian government is ramping up its efforts of weeding out illegally operating Bitcoin miners in the country. Recently, authorities seized tens of thousands of BTC mining rigs for allegedly using subsidized...

Mark Jason Alcala

Tue, 19 Jan 2021, 14:12 pm UTC

Insights & Views Regulation

Bitcoin (BTC) should be regulated on a global scale, says ECB’s Lagarde

European Central Bank President Christine Lagarde called for the global regulation of Bitcoin, the worlds largest crypto by market cap. The ECB Chief noted that BTC is a highly speculative asset and also expressed her...

Mark Jason Alcala

Thu, 14 Jan 2021, 14:30 pm UTC

Regulation

18% tax on Bitcoin (BTC) transactions being considered by the Indian government

India is reportedly mulling on the possibility of imposing an 18 percent tax on Bitcoin transactions. Experts estimate that such a taxation scheme could bring in around $1 billion in revenue to state coffers. On...

Mark Jason Alcala

Tue, 29 Dec 2020, 17:19 pm UTC

Regulation

Crypto exchange Coinbase will suspend XRP trading in response to SEC’s lawsuit against Ripple

Crypto exchange Coinbase announced that it will suspend XRP trading in its platform. The companys decision came after the U.S. Securities and Exchange Commission took legal action against Ripple, the blockchain payments...

Mark Jason Alcala

Tue, 29 Dec 2020, 13:11 pm UTC