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South Korean Regulators Warn Dozens of Foreign Exchanges to Comply With New Rules

South Korean Regulators Warn Dozens of Foreign Exchanges to Comply With New RulesOverseas crypto exchanges marketing to Koreans will be blocked if they fail to comply with new South Korean regulations. The country’s anti-money laundering body has sent a notice to a number of foreign trading platforms warning them a registration is mandatory in order to provide services to Korean residents. Korean Financial Intelligence Unit Notifies Foreign […]

Plume Network secures $20M for tokenization platform

Indians Hold $40 Billion in Cryptocurrency, Report Suggests

Indians Hold  Billion in Cryptocurrency, Report SuggestsCrypto investments in India have been gaining significant traction over the past year, blockchain data indicates. Despite the ambiguous regulatory situation in the country, more than 15 million Indians have bought or sold digital currencies. Indian Crypto Investments Increase Amid Regulatory Uncertainty A growing number of Indians have put money into cryptocurrencies in the past […]

Plume Network secures $20M for tokenization platform

Korean Banks to Be Relieved of Liability for Crypto-Related Crime, Report Suggests

Korean Banks to Be Relieved of Liability for Crypto-Related Crime, Report SuggestsBanking institutions in South Korea have reportedly requested to not be held accountable for crimes linked to cryptocurrencies such as money laundering. According to local media, financial regulators are now developing rules that could relieve Korean banks from responsibility when screening the crypto exchanges they work with. New Guidelines to Appease South Korean Banks Korean […]

Plume Network secures $20M for tokenization platform

Ontario Crackdown on Crypto Exchanges Continues With Binance Leaving the Province

Ontario Crackdown on Crypto Exchanges Continues With Binance Leaving the ProvinceCryptocurrency exchange Binance will no longer provide services in the Canadian province of Ontario. The decision comes amid ongoing regulatory pressure on digital asset trading platforms that has already affected the operations of several exchanges. Crypto Exchange Binance Exits Canada’s Ontario Binance, which is one of the world’s leading cryptocurrency exchanges by daily volume, has […]

Plume Network secures $20M for tokenization platform

Bank of Korea Seeking Technology to Develop Digital Currency

Bank of Korea Seeking Technology to Develop Digital CurrencySouth Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to develop a test environment for the project. The news comes after major commercial banks expressed skepticism over their cooperation with domestic cryptocurrency exchanges. Central Bank of Korea to Launch Pilot […]

Plume Network secures $20M for tokenization platform

Survey: Crypto Traders Predict Ethereum’s ROI to ‘Crush’ Bitcoin’s 2021 Year-End Return

Survey: Crypto Traders Predict Ethereum’s ROI to ‘Crush’ Bitcoin’s 2021 Year-End ReturnBitcoin and a slew of digital assets have seen massive drops in value during the last few days, while the top two leading crypto assets bitcoin and ethereum have been battling for market supremacy. This week, bitcoin’s towering dominance over the crypto economy has dropped to a three-year low tapping 41.9%, while ethereum’s market cap […]

Plume Network secures $20M for tokenization platform

India’s Central Bank RBI Urges Banks to Cut Ties With Crypto Businesses and Traders: Report

India’s Central Bank RBI Urges Banks to Cut Ties With Crypto Businesses and Traders: ReportIndia’s central bank, the Reserve Bank of India (RBI), has reportedly informally asked banks to cut ties with cryptocurrency exchanges and traders. Some banks in India have limited their exposure to the crypto market and some plan to stop all crypto-related transactions. RBI Asking Banks to Cut Ties With Customers Dealing With Cryptocurrencies The Indian […]

Plume Network secures $20M for tokenization platform

US Court Authorizes IRS to Summon Cryptocurrency User Records From Circle and Poloniex

US Court Authorizes IRS to Summon Cryptocurrency User Records From Circle and PoloniexThe Internal Revenue Service (IRS) has obtained authorization from a federal court to seek information on cryptocurrency users from Circle and Poloniex exchange platforms. The tax authority wants records identifying crypto users who conducted $20,000 or more in crypto transactions during the years 2016 to 2020 as well as other documents relating to their crypto […]

Plume Network secures $20M for tokenization platform

Crypto Traders Are Extremely Skeptical of Ethereum Bull Run – And That’s Highly Bullish, Says Crypto Analytics Firm Santiment

Crypto intelligence firm Santiment says doubt surrounding Ethereum’s recent rally back above $1,800 may indicate that the top smart contract platform is finally breaking out. An extreme level of skepticism surrounding a particular asset is a historically bullish signal in the crypto markets, notes Santiment, and many are questioning whether Ethereum (ETH) can actually remain […]

The post Crypto Traders Are Extremely Skeptical of Ethereum Bull Run – And That’s Highly Bullish, Says Crypto Analytics Firm Santiment appeared first on The Daily Hodl.

Plume Network secures $20M for tokenization platform