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South Korean Banks Drop Crypto Accounts as Government Plans a Ban

News South Korean regulators have announced a plan to ban banks from activities involving cryptocurrencies, prompting major banks in the country to declare they will no longer issue accounts required for crypto trading. South Korea’s top bitcoin exchanges are all effected, including Bithumb, Coinone, and Korbit. Banks that have made announcements i

Greek Supreme Court Rejects Extradition Appeal by BTC-e’s Alexander Vinnik

Regulation The Greek supreme court in Athens has rejected today the appeal by the suspected BTC-e operator Alexander Vinnik regarding his extradition to the United States. The way is now clear for the Greek justice minister to give the final verdict whether to extradite the Russian national to American authorities or not.Also Read: Tax Investiga

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Digital Currencies vs. Cryptocurrencies, Explained

What are digital currencies?Digital currencies are money used on the Internet.Digital money exists only in the digital form. It doesn’t have any physical equivalent in the real world. Nevertheless, it has all the characteristics of traditional money. Just as classic fiat money, you can obtain, transfer or exchange it for another currency. You can use it to pay for the goods and services, such as

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That Business Is Absolutely on Fire, Nick Cowan Gives Thoughts on Crypto

Cointelegraph continues publishing interviews with prominent guests of BlockShow Asia 2017, that took place in Singapore in November 2017.This time we talked with Nick Cowan, managing director and founder of GSX, Gibraltar’s first regulated stock exchange. With his 30-years’ experience in the investment business and knowledge about the culture of business across the Eurasian continents, he is

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Alexander Vinnik of BTC-e Loses Extradition Battle

The supposed ring leader of an international cyber crime scheme has lost his appeal against his extradition to the US. Alexander Vinnik of the now defunct BTC-e exchange is wanted on 21 counts of money laundering and other offences in the United States. Some of the illegal funds go right back to the infamous Mt. Gox compromise scandal in 2013. The other charges relate to drug trafficking

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CFTC Chairman: Cryptocurrencies Are 'Unlike Any Commodity' We’ve Seen

Сryptocurrencies are one of the most challenging asset classes for the Commodity Futures Trading Commission (CFTC), according to a statement by Chairman J. Christopher Giancarlo. He also warned potential investors about the risks associated with cryptocurrencies and Initial Coin Offerings (ICOs).Notable partnershipThe chairman of the CFTC highly commended his Securities and Exchange Commission (S

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Ripple Wakes Up After Long Slumber

There is always something going on in the crypto-land. The weekend saw the big bull and bear action on Bitcoin and the start of the week witnessed Ethereum and Litecoin breaking new tops. LTC continued to surge yesterday reaching an all-time high of $340 according to Coinmarketcap.com. A market correction saw prices return to just below $300 where it currently trades.Ethereum has also enjoyed a bu

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Grayscale Investments Completes Bitcoin Cash Liquidation

Bitcoin Cash supporters will be pleased with the Grayscale Investments news. This company decided to sell investors’ BCH balance instead of issuing it to them directly. Said liquidation process has been officially completed as of two days ago. A total of 172,501 BCH tokens has been sold on the open market over the past five weeks. So far, this has not had any major impact on the price whatsoever

World’s First Equity-Linked Token, Finova Financial’s JCO to be Available through WeFunder Crowdfunding Platform

WEST PALM BEACH, FL December 12, 2017: Finova Financial, a digital financial services provider transforming the future of global banking, announced today that it is partnering with crowdfunding platform WeFunder to make Finova’s JOBS Crypto Offering (JCO)—the world’s first equity-linked token—available to investors large and small. Finova’s token will carry the unique attribute of b

PR: Flux Gaming Platform Announces the Start of Token Sale on December 10

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.FLUX announces the open token sale starting December 10th. FLUX is the first real gaming ecosys

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