Bitcoin

Mexican Central Bank Looks to Hamstring Cryptocurrency Exchanges

Mexico’s central bank, Banco de México, is reportedly leveraging the country’s new fintech law to propose further regulations that would, in all but definition, ban cryptocurrency exchanges.  According to a report from Washington, D.C.-based non-profit research and advocacy center Coin Center, the proposed laws in Mexico would hamstring cryptocurrency exchanges ability to access the local […]

Crypto News

75% of Bitcoin Exchanges Report ‘Suspicious’ Crypto Trading Volumes: Research

A site called TheTie released a report today that estimates over 86% of all reported Bitcoin exchange volume is suspicious, while 75% of exchanges report extremely dubious volumes. The research uses a different formula than other reports have: it values each website’s visitors and compares that value to the reported figures. Potential Fake Crypto Volumes […]

Crypto News

QuadrigaCX Scandal Jolts Canada to Regulate Cryptocurrency Exchanges

The infamous QuadrigaCX scandal has culminated in the losses of $ 150 million in user’s cryptocurrency funds. Now, Canada has called for “input” on tailoring new regulation to cryptocurrency exchanges operating within its borders. Canada’s Securities Regulator and Investment Body Issue a Consultation Paper to Increase Investor Protection Canada has held back on detailed cryptocurrency […]

Bitcoin

Binance Set The Stage With Launchpad, Other Major Exchanges Quickly Follow

Binance Launchpad has proven to be an effective platform for pitching new blockchain-related projects. Now, other well-known cryptocurrency exchanges are also jumping on the same bandwagon with propositions of their own.  The New ICO Hypetrain Earlier in 2019, Binance — which is currently the world’s largest cryptocurrency exchange by traded volumes — announced that it […]

Bitcoin

Two Australian Cryptocurrency Exchanges Suspended Following an Arrest

Two cryptocurrency exchanges in Australia have been suspended following raids of the Australian Federal Police and the Australian Transaction Reports and Analysis Centre (AUSTRAC). One man has been arrested.  Two Cryptocurrency Exchanges Suspended After a specialized operation in Melbourne was carried out by the Australian Federal Police in collaboration with AUSTRAC, two cryptocurrency exchanges have […]

Bitcoin

Australia Bans Two Bitcoin Exchanges: Reportely Linked to Drug Syndicates

The Australian Transaction Reports and Analysis Centre (AUSTRAC) suspended two bitcoin exchanges suspected of having links with drug crime syndicates. Joint AUSTRAC and @AusFedPolice media release: One man charged and two cryptocurrency businesses suspended following organised crime investigation https://t.co/dbF6jNK4FT — AUSTRAC (@AUSTRAC) March 8, 2019 The move followed the arrest of a 27-year old Bulleen […]