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Posts published by “Kevin Helms”

How US Government Shutdown Affects Bitcoin ETF Approval

The U.S. Securities and Exchange Commission (SEC) is due to make a decision on the Vaneck Solidx bitcoin ETF next month, and the deadline cannot be extended further. However, since the U.S. government is currently shut…

Executives of Korean Exchange Sentenced to Jail for Faking Volumes

Two executives of a South Korean cryptocurrency exchange have reportedly been sentenced to jail for inflating trading volumes on their exchange. The pair allegedly used a bot to fake large orders in both cryptocurrencies and Korean…

Stock Exchange of Thailand Unveils Plan to Enter the Crypto Space

The Stock Exchange of Thailand is reportedly planning to launch a cryptocurrency exchange. The securities companies that are members of the exchange will also apply for cryptocurrency broker-dealer licenses with the country’s regulator. Thailand currently has…

How Indian Cryptocurrency Users Avoid Banks Closing Their Accounts

Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being…

Malaysia Starts Regulating Cryptocurrencies Today

Malaysia’s finance minister has announced that the order to regulate cryptocurrencies and initial coin offerings as securities has come into force. Crypto service providers and exchanges are required to obtain authorization from the country’s Securities Commission,…

Japanese Regulator Clarifies Stance on Bitcoin ETFs and Derivatives

Japan’s top financial regulator has clarified to news.Bitcoin.com its stance on bitcoin exchange-traded funds (ETFs), cryptocurrency derivatives, and upcoming regulatory changes. This follows reports that the agency may be considering approving an ETF that tracks cryptocurrencies.…

7 Korean Cryptocurrency Exchanges Pass Government Security Inspection

The South Korean government has released the results of its security inspection of cryptocurrency exchanges. Only seven of them passed all 85 of the inspection points. Fourteen previously-inspected exchanges still have not improved and 17 new…

Thailand Issues 4 Cryptocurrency Licenses, Rejects 2 Exchanges

Thailand has officially granted licenses to three cryptocurrency exchanges and one broker-dealer. Two exchanges have been rejected and one is still being reviewed. These seven companies have been temporarily allowed to operate in the country. Two…

Venezuela Decrees Crypto Operators Must Pay Taxes in Cryptocurrencies

The Venezuelan government has published a decree requiring taxpayers with crypto operations in the country to pay their taxes in cryptocurrencies. Similarly, operators of foreign currencies must pay their taxes in those currencies. The decree states…

Ledger Unveils Bluetooth-Enabled Hardware Wallet

Hardware wallet manufacturer Ledger has unveiled its newest cryptocurrency wallet. The Ledger Nano X is Bluetooth-enabled and can hold up to 100 different cryptocurrencies at a time. A mobile app is also being launched for both…

More Japanese Cryptocurrency Exchanges Sign up for Self-Regulation

Five cryptocurrency exchange operators including Coincheck have signed up to self-regulate under Japanese law. They have joined the self-regulatory association which, until now, has only accepted regulated crypto exchanges as members. According to Japan’s top regulator,…

Japan’s DMM Exiting Cryptocurrency Mining Business

Japanese e-commerce giant DMM.com is reportedly exiting its cryptocurrency mining business due to “deteriorating profitability,” local media reported. This news follows an announcement by another major Japanese company, GMO Internet, that it will no longer manufacture…

Report: Indian Government Updates Progress on Cryptocurrency Regulation

The Indian government has reportedly provided an update on its progress toward the country’s regulatory framework for cryptocurrencies. The government provided its latest stance in areas such as the national cryptocurrency and licensing of crypto businesses.…

67 Cryptocurrency Companies Probed by UK Regulator

The U.K.’s Financial Conduct Authority (FCA) has reportedly provided an update of its investigations of crypto companies. A total of 67 inquiries were launched, 49 of which have been closed, leaving 18 businesses currently under investigation.…

South Korea Ends Year With 6 Bills to Regulate Cryptocurrency Industry

South Korea’s top financial regulator has exclusively shared with news.Bitcoin.com information about six cryptocurrency-related bills that have been submitted to the National Assembly. The most recent bill seeks to protect the rights of crypto owners and…

Japanese Regulator Publishes Proposed Rules for Crypto Service Providers

Japan’s top financial regulator has published the final report outlining proposed rules for cryptocurrency service providers to follow. The rules address areas such as hacking incidents, coin listings, financial and price disclosures, margin trading, and crypto…

190 Companies Seek to Enter Japanese Cryptocurrency Market

In an exclusive interview with news.Bitcoin.com, Japan’s top financial regulator has confirmed the number of companies currently wanting to enter the Japanese cryptocurrency market. Meanwhile, several existing crypto exchanges in the country are undergoing changes. Also…

Japan Reveals Expectations for Cryptocurrency Industry Self-Regulation

In an exclusive interview with news.Bitcoin.com, Japan’s top financial regulator revealed its expectations for the self-regulation of cryptocurrency exchanges in Japan. The agency has approved a self-regulatory organization, which it is working closely with to ensure…

Japan’s GMO Quits Manufacturing and Selling Mining Machines

Japanese internet giant GMO has announced that it will no longer develop, manufacture, and sell cryptocurrency mining machines. The company will, however, continue to mine in-house but will relocate its mining center to a region with…

China Now Ranks 34 Crypto Projects

China’s Center for Information and Industry Development has released its latest crypto project ranking. The center evaluated one more crypto project this month, bringing the total number of ranked projects to 34. Bitcoin has been downgraded…

South Korean Business School Launches Crypto MBA Program

A major business school in South Korea is now offering a master’s degree in cryptocurrency. Crypto MBA is a one-and-a-half-year program that covers topics such as Bitcoin, Ethereum, smart contracts, crypto funds, Dapp planning, game theory,…