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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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India: Officials “Survey” Nine Crypto Exchanges

Just a month after the Indian Supreme Court issued a warning to the financial interests of the nation, “surveys” have begun on nine of the country’s cryptocurrency exchanges. An undisclosed source explained to local news outlet DNA:“We are collecting the name of investors and their transaction details. The survey under Section 133A of the Income Tax Act, is being conducted for ga

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Reserve Bank of Australia Will not Issue its own Digital Currency

Cryptocurrency markets are still a problem for most regulators and governments. It is evident this new form of money becomes a very real threat to any financial institution on the market. Reserve Bank of Australia governor Philip Lowe is concerned over this speculative mania surrounding Bitcoin and other cryptocurrencies. Such comments often fall on deaf ears, though, as everyone wants to strike i

Tax Investigators Raid Bitcoin Exchanges Across India

Regulation Investigators from the income tax department of India have conducted onsite searches at the offices of the country’s top nine bitcoin exchanges early on Wednesday morning.Also Read: Chinese Whale Buys Fleet of F1 Cars Worth £4 Million with LitecoinGovernment officials told the Indian news agency PTI that multiple teams of detectives fro

Bitcoin Price Technical Analysis for 12/13/2017 – Another Major Pullback?

Bitcoin Price Key HighlightsBitcoin price continues to soar higher but is stalling at the top of its ascending channel on the 1-hour chart.A bounce off the resistance could lead to a large pullback to support or any of the nearby Fib levels.Technical indicators are showing that the longer-term climb could carry on.Bitcoin price remains afloat but could use a major pullback to draw more bullish mom

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EU Commission Prepares Draft Tax Legislation on Digital Economy: Expert Blog

Expert Blog is Cointelegraph’s new series of articles by crypto industry leaders. It covers everything from Blockchain technology and cryptocurrencies to ICO regulation and investment analysis. If you want to become our guest author and get published on Cointelegraph, please send us an email at mike@cointelegraph.com.Priced at $16,000 per coin, three Bitcoins are now worth more than the Netherla

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Ethereum and Waves to setup self-regulation

Recent clampdowns on ICOs by a number of nations, China being the most prominent, have been spurred by the need for more regulation. Currently trading in crypto-land can be a bit like going to the casino in the Wild West. There is no safety net and no regulation on ICOs; anyone can start something up. All you need is a flashy website, some smart looking business people in your team, a good concept

Howard Stern and Saturday Night Live Reference Bitcoin as Popularity Grows

Featured The Year of Bitcoin is finishing strong, as its spread into the mainstream, from finance to popular culture, gains traction apace with its price increases. From The Big Bang Theory dedicating a bitcoin subplot to an episode to Startup creating an entire series around the topic, the world’s most well-known cryptocurrency is getting a n

Bitcoin Price Technical Analysis for 12/12/2017 – Correction Completed!

Bitcoin Price Key HighlightsBitcoin price has recovered from its drop after reading new highs a few days back.Price is now at the 76.4% extension level on the latest pullback and could have enough momentum to make it to the full extension.However, technical indicators are showing weakening energy among buyers.Bitcoin price has completed its pullback from the rally earlier in the month and could be

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