U.S. Regulators Risk Causing a Brain Drain to Friendlier Crypto Climes

Cryptocurrency companies in the United States aren’t happy. Token issuers, exchanges, and VCs are up in arms about vague and contradictory guidance on crypto asset regulation. Should the U.S. fail to revise its financial laws, they warn, there is a

Paytomat Enables Merchants to Accept 18 Cryptocurrencies In-Store

Accepting cryptocurrency payments in your store doesn’t require specialist hardware or complex integration – Paytomat is proof. The crypto payment gateway enables merchants to accept 18 cryptocurrencies including BCH using their existing equipment. To date, hundreds of brick and mortar

CBDCs Take on Major Importance at IMF Spring Meetings

Central bank digital currencies (CBDCs) featured prominently when global financial leaders met for this year’s World Bank Group and International Monetary Fund (IMF) joint Spring Meetings in the United States. Faced with emerging disruptive technologies like Bitcoin, their discussions also

North Korea Hacked $571 Million From Asian Crypto Exchanges

The U.N. Security Council has heard that North Korea uses cyberattacks and blockchain technology to evade economic sanctions and obtain foreign currency. Through hacking, the reclusive Republic has raked in around $670 million in foreign exchange and cryptocurrency, a panel

Russian Localbitcoins Trade Outpaces Venezuela

During the week of March 2, roughly 14,365 BTC changed hands via peer-to-peer (P2P) exchange Localbitcoins, equating to approximately $51.51 million worth of trade. Of that, 3,593 was BTC traded via the Russian markets, 83 percent more volume than was

US ETF Ruling to Inform South Korean Regulatory Policy

Local media has reported that a South Korean exchange is waiting for regulators in the United States to make a ruling regarding the highly anticipated Vaneck cryptocurrency exchange-traded fund (ETF) before determining its stance pertaining to virtual currency ETFs. Also

Localbitcoins Trade Surges in Latin America and East Asia

The peer-to-peer (P2P) markets saw a surge in trade activity this past week, with the Localbitcoins markets of five countries posting record volume. The largest spikes were concentrated in the Latin American and Asian regions, however, the United States also

‘Patchwork’ of US Cryptocurrency Regulations are ‘Tough Waters to Navigate’

In a recent interview, Matt Kohen and Justin Wales, two senior counsels working for Carlton Fields’ virtual currency and distributed ledger technology group, highlighted the challenges that legal practitioners and regulators face in interpreting United States regulations pertaining to cryptocurrency.

Kraken Acquires British Derivatives Platform Crypto Facilities

Cryptocurrency exchange Kraken has acquired Crypto Facilities, a British digital asset trading platform and index provider, in an undisclosed “nine-figure” deal. The acquisition means that Kraken will now be able to offer both spot and futures trading in bitcoin core,