Author: Kevin Helms

A New Bitcoin World

South Korea Cracks Down on Unauthorized Cryptocurrency Funds

South Korea Cracks Down on Unauthorized Cryptocurrency FundsSouth Korean financial regulators are cracking down on unauthorized cryptocurrency funds. In particular, one crypto fund launched by a local exchange is reportedly being investigated. The exchange claims no wrongdoing as its token activities were carried out overseas, but has promptly canceled its plan to launch a second fund. Also read: Yahoo! Japan Confirms Entrance Into […]

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October 30, 2018 0

Bitstamp Confirms Acquisition by South Korean Company

Bitstamp has confirmed that it has been acquired by a European subsidiary of a South Korean corporation. Nejc Kodrič will remain the CEO of the exchange. The Korean group also owns gaming giant Nexon and Korbit, the country’s fourth largest crypto exchange. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitstamp Acquired The oldest […]


October 30, 2018 0

Belgium Adds 21 Websites to List of Fraudulent Crypto Trading Platforms

Belgium’s Financial Services and Markets Authority has updated the list of websites it says are cryptocurrency trading platforms showing signs of fraud. Twenty-one websites have been added to the existing list, bringing the total to 99 blacklisted sites. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 21 New Suspect Sites The Belgian Financial Services […]

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October 27, 2018 0

Indian Police Seize Unocoin’s ATM, Arrest Two Founders

One week after Indian cryptocurrency exchange Unocoin announced the launch of its ATM, local police have reportedly seized the machine and arrested two founders of the company, including the CEO. Police say the machine was set up without approvals. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Several Items Seized Indian police have seized […]

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October 25, 2018 0

Venezuela Authorizes 6 Exchanges to Start Selling National Cryptocurrency Petro

Venezuela Authorizes 6 Exchanges to Start Selling National Cryptocurrency PetroVenezuela has authorized six cryptocurrency exchanges to start selling its national cryptocurrency, the petro, according to the government’s website. The petro, which recently became a Venezuelan national currency, can now be purchased at the six exchanges, local media report. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Websites Authorized to Sell Petro The […]

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October 18, 2018 0

19 Companies Licensed to Operate Crypto Exchanges in Philippine Economic Zone

19 Companies Licensed to Operate Crypto Exchanges in Philippines Economic ZoneNineteen firms have been granted provisional licenses to operate crypto exchanges by the Philippine government-owned Cagayan Economic Zone Authority. In addition, eight firms have paid the application fees and are being reviewed. A list of all 27 companies has been published. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Provisional Licenses Issued […]

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October 16, 2018 0

30 Crypto ATMs Launching in India — Unocoin Unveils Solution to RBI Banking Ban

30 Crypto ATMs Launching in India — Unocoin Unveils Solution to RBI Banking BanA major crypto exchange in India, Unocoin, has officially announced the launch of its crypto ATMs. CEO Sathvik Vishwanath told news.Bitcoin.com that, initially, the company plans to deploy 30 machines in three Indian cities. “These ATMs help people to cash in and cash out which was not possible before” due to the crypto banking ban […]

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October 14, 2018 0

Court Refuses to Drop Money Laundering Charge Against UBS, $5.8 Billion Fine Looms

Court Refuses to Drop Money Laundering Charge Against UBS, $5.8 Billion Fine LoomsA French court has reportedly rejected a request by the largest Swiss bank to drop money laundering charge against it. UBS Group and a number of its executives are accused of tax fraud and money laundering. If found guilty, the bank could be fined up to 5 billion euros or $5.8 billion. Its executives could […]

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October 13, 2018 0

South Korea’s Largest Crypto Exchange Sold to Singapore-Based Consortium

South Korea’s Largest Crypto Exchange Sold to Singapore-Based ConsortiumThe largest cryptocurrency exchange in South Korea by trading volume, Bithumb, has reportedly been sold to a Singapore-based consortium for approximately 400 billion won or $354 million. Bk Global Consortium, led by plastic surgeon Kim Byung-gun, will acquire the controlling stake and become the largest shareholder of Bithumb. Also read: 160 Crypto Exchanges Seek to Enter […]

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October 13, 2018 0

Major Indian Exchange Unocoin Launching Crypto ATMs

Major Indian Exchange Unocoin Launching Crypto ATMsA major cryptocurrency exchange in India, Unocoin, has confirmed that it is launching crypto ATMs. While a formal announcement has not been made, an image of one of the exchange’s ATMs spreading on social media suggests that the machines support at least five cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Unocoin’s Crypto […]

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October 10, 2018 0