Japan’s FSA gives official endorsement to 11 cryptocurrency exchanges Following on from the recent news of both China and South Korea’s crackdown on crypto currencies, Japan has taken the lead and announced it has approves 11 companies to operate as cryptocurrency exchanges within the country. The Japanese government has recoginised Bitcoin as legal tender in…


Nigerian Central Bank “Cannot Stop” Cryptocurrency Tide, Says Director Back in January of 2017 the Central Bank of Nigeria (CBN) issues a notice to all financial institutions around the country warning them of crypto currencies and banning then from holding any reserves of any virtual currencies. Int he same month Nigeria’s capital markets regulator warned…


McDonalds on the BlockChain Omise, the payment technology company, announced today that it has been chosen by McDonalds in Thailand to be the exclusive payment gateway for www.mcdonalds.co.th and the mobile app McDelivery Thailand. With the growing embrace of digital money and mobile technologies, McDonalds require a state-of-the-art digital payment platform that can support the…


Chinese Exchange Will be Launching Platforms Based Out of Nation ViaBTC –a cryptocurrency exchange in China announced about its plans for launching a trading platform that will be based outside of China. This decision towards establishing an overseas-base is followed by the series of announcements about the shutting down of the exchange and its operations…


Government Agencies in India Still Concerned About Bitcoin It was last week that the Indian Government officials revealed that the tax agency and investigation taskforce of the country is concerned about activities related to black market and money laundering that could be associated with bitcoin. SIT (Special Investigation Team) of India is in the middle…


Bitso Exchange Raises Cryptocurrency Funds for the Victims of Mexican Earthquake The bitcoin exchange of Mexico named Bitso has announced the solicitation of donations for the earthquake victims. The earthquake of 7.1 magnitude took place on 19th September. The Bitso trading platform has been previously raising funds for the devastating earthquake that had taken place…


Expedia Pushes Bitcoin While Accelerating Its Global Expansion Expedia –the giant online travel company based on pro-bitcoin has announced its worldwide expansion plans. To be more specific, the new CEO of the company is going to push towards the expansion of the presence of company in Asia and Europe as well. New CEO of Expedia,…


China Might Try Blocking All the Bitcoin Transactions in the Nation The authorities in China might have started moving towards a broader shutdown on Bitcoin including OTC (over-the-counter) and P2P (peer-to-peer) trading exchanges. By utilizing the Great Firewall for blocking the IP addresses, the access to foreign bitcoin exchanges can also be blocked. As such,…


Pick n Pay: South Africa’s 2nd Largest Supermarket Chain Trials Bitcoin Payments One of the major supermarket chains in South Africa, Pick n Pay, has initiated a trial towards accepting bitcoin payments in the stores at the location of its head office. Electrum –a payment technology company will be providing the payment platform in collaboration…


India to Issue Its Own Bitcoin-Like Cryptocurrency in the Form of Legal Tender While working towards the creation of a legal framework for bitcoin currencies and other formsof digital currencies, the Government of India is now thinking about the launch of its own bitcoin-like cryptocurrency. The proposed cryptocurrency by the government will be issued by…


Bitstamp Announces the Introduction of Bitcoin Cash Trading by This Month Bitstamp has declared a statement claiming that it is planning to introduce the trading pairs of BCH (Bitcoin Cash) by the end of September. Bitstamp has noted the high demand of bitcoin cash amongst the customers and it serves as the principal catalyst for…


Markets Update: Prices of Cryptocurrency Take a Significant Dip Hitting Its 30-Day LowThe bitcoin’s price has taken its lowest ever dip on an average in the month of September. It came to a low value of as much as $3,426 in between the regulatory storm that has been cooking up in China in the recent…


Bitcoin Exchanges of China Might Face Stricter Licensing and Regulations Over the period of the past week, bitcoiners all around have been quite focused on the speculative news of the banning of bitcoin in China. People have been wondering if the news is really true. As per the recent reports from the local media and…


Coinone of Korea Launches Physical Cryptocurrency Exchange The 3rd largest bitcoin exchange of Korea namely “Coinone” has launched a physical cryptocurrency exchange. As many as 6 cryptocurrencies are supported which include bitcoin, ether, and bitcoin cash. The complex will contain a bitcoin ATM, a big display board showing market information and specialized features like face-to-face…


Hedge Project to Hold a Crowd sale   Cryptocurrency is bringing news waves of interest among the investors in the present market. It has a lot of potential and offers a diversity of applications especially in the sectors of fintech and finance.   One such platform that aims in assisting institutions and individuals in accessing…


Switzerland Municipality of Chiasso to Allow the Payment of Taxes in Bitcoin by the Citizens The Municipality of Switzerland in Chiasso has given the announcement that it will be accepting the tax payments in the form of bitcoin from January 2018 onward. This announcement is significant with respect to the bid of Switzerland towards becoming…


BCSC Approves First Registered Bitcoin Fund Manager for CanadaThe British Columbia Securities Commission (BCSC) have approved the first registered Bitcoin fund manager for cryptocurrency investments in Canada. BCSC granted permission for the first Block Capital Inc. registration, based in Vancouver, as an exempt market dealer and investment fund manager to manage a Bitcoin investment fund…


DON’T PANIC!

Famous words written by Doglas Adams in The Hitchhikers Guide To The Galaxy – quite pertinate this morning if you have woken up and looked at your portfolio! So what happened to the crypto market while you were sleeping… a rumour that the Chinese government was going to ban China’s bitcoin exchanges.  Bitcoins and altcoins…