News
Brave Tokens Available for Trading on Gemini Starting April 24
Beginning on April 24, Brave browser users will be able to deposit Basic Attention Tokens into their Gemini accounts. Brave, the open-source pay-to-surf browser, will soon have more options for trading its signature token.In April 6 blog post on the Gemini website,...
Revised Crypto Laws in Japan to be Enforced Starting May 1
Changes to Japanese regulations on crypto — the Payment Services Act and the Financial Instruments and Exchange Act — will be enforced on May 1. New laws for regulating cryptocurrencies in Japan will start to be enforced next month.The Payment Services Act...
BIS Calls for Central Bank Digital Currencies Amid Coronavirus Pandemic
Amid growing concerns regarding the transmission of COVID-19, the Bank of International Settlements is pushing for digital currencies. The Bank of International Settlements (BIS) has issued a report arguing in favor of central bank digital currencies (CBDCs) and...
Spanish Tax Watchdog Puts 66,000 Crypto Traders on Notice
The Spanish tax office is warning tens of thousands of crypto traders to honor their tax obligations. The Spanish tax authority has begun sending out warning notices to 66,000 cryptocurrency holders to remind them of their tax obligations.According to Europa...
Coinbase Invests Over $1 Million into DeFi Sites
One of the major reasons behind the rapid development of the cryptocurrency space is the presence of crypto exchanges, and Coinbase is one of the most influential exchanges in the world. On Wednesday, the company further strengthened its bets in the decentralized...
The Sandbox Sells 3400 Ether Worth of Virtual Land in Five Hours
The third presale for the mobile creation game was the most successful yet, selling 3,400 Ether worth of virtual land in a few hours. The Sandbox (TSB), a mobile creation game on Ethereum, announced on April 1 that its third presale of virtual land had generated 3,400...
Strict Japanese Crypto Laws Discourage Foreign Exchanges … For Now
A new report has found strict cryptocurrency regulations in Japan are discouraging foreign players — but will help the industry in the long run. A new report has found strict regulations are discouraging overseas exchanges from opening in Japan, but would likely...
Binance Enters South Korea, Gets Approval for OkCoin
The growth in the cryptocurrency industry has been made possible by the presence of crypto exchanges, and in that regard, Binance has been one of the most influential. In a new development that should come as a major boost to the crypto sphere, the crypto exchange...
Tokyo District Court Extends Mt. Gox Rehabilitation Plan Deadline
Mt. Gox Rehabilitation Trustee Nobuaki Kobayashi was granted a motion with the Tokyo District Court to extend the deadline to July 1, 2020. The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for the submission of...
Coinbase’s Retail Payment Portal Passed $200 Million in Transactions
The payment portal for crypto exchange Coinbase passed $200 million in transactions from the platform’s 8,000 integrated retailers. Coinbase Commerce, a platform that supports cryptocurrency payments for internet retailers, just passed $200 million in total...