Tag: NEWS

The First Bank-Backed Crypto Exchange In The World Launches In Japan
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The First Bank-Backed Crypto Exchange In The World Launches In Japan

The first bank-backed crypto exchange in the world has officially gone public in Japan, after a number of delays that stalled the launch for months. The launch comes after close to two years after the initial public announcement. VCTRADE Now Active SBI Holdings, the Japanese financial giant, formally launched the Cryptocurrency exchange platform which it…

Court Approves Alexander Vinnik’s Extradition To France
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Court Approves Alexander Vinnik’s Extradition To France

The Greek courts have decided in the on-going criminal proceedings against Alexander Vinnik, a case which drew international attention. The Greek court has decided to extradite the Russian national to France. Extradition to France This decision comes after the courts decided on which of the three nations, that had tendered in extradition applications for the…

American Express To Adopt Blockchain For Payments
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American Express To Adopt Blockchain For Payments

Financial services giant American Express could be considering Blockchain technology as a possible solution to proving transactions. This is evident in a new patent filing by the financial services provider. AmEx Blockchain Patent Application A patent application by American Express, which was released last week by U.S. Patent and Trademark Office, shows that the financial…

$1.5 Billion Seized In Crypto Gambling Crackdown
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$1.5 Billion Seized In Crypto Gambling Crackdown

In their efforts to crackdown on illegal Crypto gambling related to the FIFA World Cup 2018, local authority officials in China have seized Cryptocurrencies in excess of $1.5 billion. Bitcoin, Ether, And Litecoin Accepted Xinhua, which is a media outlet run by the state, on July 11 stated that the local police force had become…

Korean Political Parties Propose New Crypto Laws
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Korean Political Parties Propose New Crypto Laws

South Korean lawmakers are continuing on in their past efforts of fast-tracking regulations governing the Cryptocurrency sphere in the nation. Should they succeed in this endeavor, South Korea, which is among the largest Blockchain markets in the world, will become a Crypto hub for Crypto enthusiasts and proponents. This plan will leave the possibility of…

One Year Sentence For Bitcoin Maven
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One Year Sentence For Bitcoin Maven

It is a one year sentence for a local South California trader. Theresa Lynn Tetley was accused of money laundering and transmitting money without a license. She was reported, by the United States Department of Justice (DOJ), to have exchanged money to the tune of $6 million to $9.5 million for clients all over the…

YouTube Enjoined In BitConnect Class Action Lawsuit
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YouTube Enjoined In BitConnect Class Action Lawsuit

Youtube has been included in the class action lawsuit against BitConnect, the collapsed Crypto lending platform that has been accused of fraud. Class Action Lawsuit Against YouTube The lawsuit, which was filed at the Florida Southern District Court, has named YouTube as a co-defendant in the lawsuit against BitConnect. YouTube has been accused of failing…

Binance To Register $1 Billion Net Profit In 2018, Says CEO
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Binance To Register $1 Billion Net Profit In 2018, Says CEO

Binance, which is the leading Crypto Exchange in trading volumes in the world, has announced it will be expecting a $1 billion net profit by the end of this year. The First Half Revenues The first half revenues for Binance have already been reported to be in the regions of $300 million, while the number…

Another Lawsuit Leveled Against Ripple
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Another Lawsuit Leveled Against Ripple

A new lawsuit has been filed against Ripple and its CEO Bradley Garlinghouse at a court in California. The plaintiff in this case David Oconer is seeking to have Ripple termed a security. He has insisted that the token should be classed as a security with respect to the way Ripple has been managing and…

Binance Creates Secure Asset Fund
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Binance Creates Secure Asset Fund

Binance is in the process of establishing a secure asset fund in a move to protect its users. Binance, which by volume is the largest Crypto exchange in the world, decided on this as a measure in response to the trading suspension and unscheduled maintenance caused by irregular trades. Secure Asset Fund for Users The…

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