Kevin Helms

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Reports: India’s Crypto Regulations Delayed, Government Considers ‘Crypto Tokens’

By Kevin Helms on 08/14/2018 - 14:00

The Indian government previously planned to submit the proposal for crypto regulations in July. However, a senior official has revealed that the regulatory framework for cryptocurrencies in India has...

Japan’s Internet Giant GMO Unveils New Crypto Priorities, Exchange Profits Up 7-Fold

By Kevin Helms on 08/14/2018 - 08:50

Japan’s GMO Internet has unveiled new priorities for its cryptocurrency business along with the performances of its crypto exchange and mining operations. The changes going forward result from the...

Venezuela’s Constituent Assembly Drafts Law to Create Central Bank for Crypto

By Kevin Helms on 08/14/2018 - 06:50

A member of the Venezuelan National Constituent Assembly has reportedly revealed that the assembly is preparing a reform to the country’s Constitution that includes a central bank for...

Vietnamese Stop Importing Bitcoin Mining Rigs as Import Ban Looms

By Kevin Helms on 08/13/2018 - 05:50

Vietnamese businesses and individuals have stopped importing bitcoin mining equipment into the country since the beginning of July, according to the Ho Chi Minh City Customs Department. This follows...

Stablecoins Gaining Popularity in India to Minimize Central Bank’s Impact

By Kevin Helms on 08/13/2018 - 01:10

A growing number of cryptocurrency exchanges in India are adding stablecoins such as trueusd (TUSD) and tether (USDT) to their platforms. They are part of the solutions exchanges have come up with in...

Another US City Imposes a Moratorium on Crypto Mining

By Kevin Helms on 08/11/2018 - 16:20

The city of Salamanca in the U.S. state of New York is reportedly establishing a moratorium on cryptocurrency mining operations in the city. This will stop crypto miners from “using up all the...

Japan Unveils Results of On-Site Inspections of 23 Crypto Exchanges

By Kevin Helms on 08/11/2018 - 10:05

The Japanese financial regulator has finished the on-site inspections of 23 cryptocurrency exchanges. The agency found many problems and has released a report outlining them. The regulator will use...

Huge Demand for ‘P2P’ Crypto Trading Seen in India After RBI Ban

By Kevin Helms on 08/10/2018 - 23:25

Exchange-escrowed trading directly between cryptocurrency buyers and sellers is growing in popularity in India following the crypto banking ban imposed by the country’s central bank. One local...

Crypto Friendly Policies Rapidly Drawing Companies to Thailand

By Kevin Helms on 08/10/2018 - 08:25

Soon after Thailand adopted its regulations for cryptocurrencies and initial coin offerings (ICOs), companies reportedly pile up to apply for licenses to operate in the country. According to the Thai...

Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent

By Kevin Helms on 08/10/2018 - 04:25

A special agent with the U.S. Drug Enforcement Administration (DEA) has reportedly revealed that the use of bitcoin in illegal activities has shrunk to about 10 percent from 90 percent previously....

Philippines Building Crypto Valley of Asia

By Kevin Helms on 08/09/2018 - 03:05

The Philippines government is building Crypto Valley of Asia, a cryptocurrency and fintech hub similar to the one in the canton of Zug, Switzerland. The estate will be built at the Cagayan Special...

SEC Postpones Decision on Vaneck Solidx Bitcoin ETF but Previous Concerns ‘Resolved’

By Kevin Helms on 08/08/2018 - 07:10

The U.S. Securities and Exchange Commission (SEC) has extended the time period it needs to make a decision on the Vaneck Solidx bitcoin ETF based on the proposed rule change filed by Cboe BZX...

Bitmain Launches Key Crypto Mining Facility in Texas

By Kevin Helms on 08/07/2018 - 09:15

Bitmain Technologies Ltd. is launching a crypto mining facility and blockchain data center in the U.S. state of Texas at a former aluminum smelting facility with a recently-retired coal power station...

SEC Has No Jurisdiction to Look at Bitcoin for ETF Decision, Admits Commissioner

By Kevin Helms on 08/06/2018 - 22:25

A commissioner of the U.S. Securities and Exchange Commission (SEC) has voiced her opinion that the agency overstepped its bounds to reject a bitcoin ETF recently based on the underlying asset,...

Bank of Thailand Green-Lights Financial Companies for Crypto Activities

By Kevin Helms on 08/06/2018 - 10:45

Thailand’s central bank has announced the rules under which financial institutions, including commercial banks, and their subsidiaries can engage in cryptocurrency activities. They include securities...

‘Treasure Ship’ ICO Dupes Investors – South Korea Asks Interpol for Help

By Kevin Helms on 08/05/2018 - 16:25

South Korean police have asked Interpol for help with an investigation into the fraudulent token sale of Shinil Gold Coins that were claimed to be backed by the “treasure” on the sunken Dmitrii...

Bithumb Resumes Deposit and Withdrawal Services – Upbit Reveals 127% Cash Reserves

By Kevin Helms on 08/04/2018 - 22:50

South Korean exchange Bithumb has resumed deposit and withdrawal services for a number of cryptocurrencies after the recent hack. Another major Korean exchange, Upbit, has released an audit report...

Japanese Association Seeks Authority to Enforce Self-Regulation on Crypto Exchanges

By Kevin Helms on 08/04/2018 - 03:55

Japanese crypto exchanges may soon have an official self-regulatory body. The Japan Virtual Currency Exchange Association has applied with the country’s financial regulator to become the authority...

US Court Seizes 81 BTC, Sends Bitcoin Trader to Jail for 41 Months for Money Laundering

By Kevin Helms on 08/03/2018 - 17:55

A U.S. district judge has ordered a bitcoin trader to forfeit 81 bitcoins and sentenced him to 41 months in prison for money laundering. Thomas Mario Costanzo, also known as Morpheus Titania, sold...

Indians Use Creative Means to Trade Bitcoin Amid RBI Ban

By Kevin Helms on 08/03/2018 - 05:15

Indian crypto traders have found some creative ways to trade cryptocurrencies, especially bitcoin, to circumvent the crypto banking ban imposed by the country’s central bank. The Reserve Bank of...

SBI Plans Derivatives Platform, Huobi Eyes 30% Korean Market, Thai Four-Crypto ATM Unveiled

By Kevin Helms on 08/03/2018 - 00:15

Japan’s SBI Group is reportedly planning to create a crypto derivatives platform. In South Korea, Huobi is taking an aggressive approach and expects to achieve a 30% crypto market share. Meanwhile, a...

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Kevin Helms

Reports: India’s Crypto Regulations Delayed, Government Considers ‘Crypto Tokens’

Japan’s Internet Giant GMO Unveils New Crypto Priorities, Exchange Profits Up 7-Fold

Venezuela’s Constituent Assembly Drafts Law to Create Central Bank for Crypto

Vietnamese Stop Importing Bitcoin Mining Rigs as Import Ban Looms

Stablecoins Gaining Popularity in India to Minimize Central Bank’s Impact

Another US City Imposes a Moratorium on Crypto Mining

Japan Unveils Results of On-Site Inspections of 23 Crypto Exchanges

Huge Demand for ‘P2P’ Crypto Trading Seen in India After RBI Ban

Crypto Friendly Policies Rapidly Drawing Companies to Thailand

Illegal Activity No Longer Dominant Use of Bitcoin: DEA Agent

Philippines Building Crypto Valley of Asia

SEC Postpones Decision on Vaneck Solidx Bitcoin ETF but Previous Concerns ‘Resolved’

Bitmain Launches Key Crypto Mining Facility in Texas

SEC Has No Jurisdiction to Look at Bitcoin for ETF Decision, Admits Commissioner

Bank of Thailand Green-Lights Financial Companies for Crypto Activities

‘Treasure Ship’ ICO Dupes Investors – South Korea Asks Interpol for Help

Bithumb Resumes Deposit and Withdrawal Services – Upbit Reveals 127% Cash Reserves

Japanese Association Seeks Authority to Enforce Self-Regulation on Crypto Exchanges

US Court Seizes 81 BTC, Sends Bitcoin Trader to Jail for 41 Months for Money Laundering

Indians Use Creative Means to Trade Bitcoin Amid RBI Ban

SBI Plans Derivatives Platform, Huobi Eyes 30% Korean Market, Thai Four-Crypto ATM Unveiled

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