Digital Currency

Largest Movie Theater Chain in Thailand Going Crypto

2 weeks ago admin2 Comments Off on Largest Movie Theater Chain in Thailand Going Crypto
Thailand’s largest movie theater chain, Major Cineplex, is reportedly integrating crypto payments to allow customers to pay for its services and products with cryptocurrency, including movie tickets and popcorn. Thailand recently began regulating crypto businesses. This week, the Thai Securities and Exchange Commission started accepting license applications from crypto operators. Largest Cinema Chain in Thailand Read More

Russia Now Has a Registry of Whitelisted Crypto Companies

1 month ago admin2 Comments Off on Russia Now Has a Registry of Whitelisted Crypto Companies
Services The Russian Association of Cryptocurrencies and Blockchain has created a registry of whitelisted companies that offer crypto-related products or services. Meanwhile, the bill to regulate cryptocurrencies in Russia has been delayed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Whitelist of Crypto Firms The Russian Association of Cryptocurrencies and Blockchain (RACIB) has created Read More

Indian Central Bank Justifies Its Crypto Stance – Outlines Key Areas of Concern

1 month ago admin2 Comments Off on Indian Central Bank Justifies Its Crypto Stance – Outlines Key Areas of Concern
Regulation The Reserve Bank of India has justified its crypto banking ban to an industry group which has been trying to convince the central bank to ease crypto restrictions. In response, the central bank outlines key areas of concern and upholds its stance on crypto. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI’s Read More

Policy Easing, New Crypto Classification in South Korea

1 month ago admin2 Comments Off on Policy Easing, New Crypto Classification in South Korea
Regulation South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has Read More

Crypto Exchange Gemini Hires Former NYSE Tech Chief

1 month ago admin2 Comments Off on Crypto Exchange Gemini Hires Former NYSE Tech Chief
Cryptocurrency exchange Gemini has hired former New York Stock Exchange (NYSE) chief information officer Robert Cornish to serve as its first chief technology officer. The exchange, founded by investor-brothers Cameron and Tyler Winklevoss, announced Friday that Cornish would be in charge of Gemini’s technology team and strategy, according to a press release. Further, Cornish will Read More

Thailand Officially Announces Rules for Token Issuers, Portals, and Investors

1 month ago admin2 Comments Off on Thailand Officially Announces Rules for Token Issuers, Portals, and Investors
Economy & Regulation The Thai Securities and Exchange Commission (SEC) has officially announced its regulations for initial coin offerings (ICOs). The rules specify requirements for ICO portals, issuers, as well as who can invest in tokens. The Commission has also provided a series of infographics to explain the regulations. Also read: Yahoo! Japan Confirms Entrance Into Read More

Bithumb Lowers Theft Estimate – Will Fully Repay Customers Despite Deficient Insurance

2 months ago admin2 Comments Off on Bithumb Lowers Theft Estimate – Will Fully Repay Customers Despite Deficient Insurance
Exchanges South Korean exchange Bithumb has lowered its theft estimate from the original amount after undergoing some of the recovery process. The exchange promises to fully repay customers using its own fund even though its insurance is unlikely to cover the loss. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Theft Amount Reduced South Read More

Korean Government Launches Investigation into Crypto Hacks

2 months ago admin2 Comments Off on Korean Government Launches Investigation into Crypto Hacks
Regulation Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government’s Response The South Korean government announced on Wednesday, June 20, that Read More

EOS Decentralization Questioned as Block Producers Freeze Accounts

2 months ago admin2 Comments Off on EOS Decentralization Questioned as Block Producers Freeze Accounts
News On June 17, 2018, the 21 block producers or nodes that run the EOS network chose to freeze seven accounts that were allegedly stolen from EOS community members. According to reports, all 21 block producers unanimously decided to freeze the compromised assets but the decision was met with controversy from the EOS community, and Read More

Japanese Police Arrest Coinhive Users for Violating Law Banning Computer Viruses

2 months ago admin2 Comments Off on Japanese Police Arrest Coinhive Users for Violating Law Banning Computer Viruses
News Japanese police from 10 prefectures have arrested website operators using Coinhive to tap into the computer power of their site visitors to mine cryptocurrencies without consent. They are accused of violating the law banning the use of computer viruses. Some people have already been fined. The police have been monitoring the Coinhive program since Read More