Colombian Banks Shutter Accounts of Domestic Cryptocurrency Exchange

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! Colombian banks have closed Buda.com’s accounts, Alejandro Beltran, CEO of the cryptocurrency exchange, announced. Banks Bancolombia, BBVA and Davivenda have all closed Buda.com’s accounts, according to infobae.com. The country’s Financial Supervisor previously sent a notice warning financial institutions about using …

47% of South Africans Plan to Invest in Cryptocurrencies

Join our community of 10 000 traders on Hacked.com for just $39 per month. South Africa has the most sophisticated economy and financial sector on the continent, and its citizens are increasingly warming up to the idea of investing and trading in cryptocurrencies — despite regulatory concerns over such decentralised digital financial assets across the …

Portuguese Parliament to Discuss Cryptocurrency Payment Regulations

Join our community of 10 000 traders on Hacked.com for just $39 per month. Portugal’s parliament is set to discuss cryptocurrency payment regulations this week, with the goal of adopting a new legal framework for cryptocurrency payment services, while guaranteeing users’ safety using these services. According to local news outlet Jornal de Negócios, applicable sanctions …

ICO Tokens Should Be Regulated as Securities, Not Bitcoin

Join our community of 10 000 traders on Hacked.com for just $39 per month. The role of cryptocurrencies was thrust into the spotlight during a hearing between Congress and the US Securities and Exchange Commission. The US House of Representatives Committee on Appropriations held a hearing with the Wall Street regulator on April 26, and …

New York Tells Cryptocurrency Exchanges to be More Transparent

Join our community of 10 000 traders on Hacked.com for just $39 per month. Cryptocurrency exchanges need to make transparency a greater priority, the New York Attorney General’s office said on Tuesday. Writing in a letter addressed to 13 cryptocurrency exchanges, New York Attorney General Eric Schneiderman’s office requests that companies provide information on a …

Alibaba Subsidiary Taobao Bans listing of Cryptocurrency and ICO Services

Join our community of 10 000 traders on Hacked.com for just $39 per month. Taobao, often known as eBay of China has updated their policy banning Cryptocurrencies, ICOs, and other virtual currency-related services. Taobao is a subsidiary of Chinese eCommerce Giant Alibaba set up in 2003 where individuals and small business can list items for …

Quebec Blogger Slams Government For Dissing Crypto Mining

Join our community of 10 000 traders on Hacked.com for just $39 per month. The Quebec government’s recent actions to disconnect cryptocurrency mining from the region has drawn criticism from Francois Remy, head of the digital desk at Les Affaires, a Quebec newspaper, in a recent blog. Quebec Premier Philippe Couillard has said the bitcoin …

Wall Street Regulator to Examine Cryptocurrency Hedge Funds

Join our community of 10 000 traders on Hacked.com for just $39 per month. It’s cryptocurrency hedge funds’ turn in the regulatory spotlight. The US Securities and Exchange Commission (SEC) will examine dozens of cryptocurrency hedge funds, which are known for their risky trading strategies and higher fees versus traditional investment funds. Regulators want to …

Binance Receives Formal Warning from Japan, Plans to Move HQ to Malta

Join our community of 10 000 traders on Hacked.com for just $39 per month. Cryptocurrency exchange Binance has received a formal warning from Japan’s Financial Services Agency (FSA) for operating in the country without registering with the regulatory agency as a cryptocurrency trading platform. In a letter dated March 23 and addressed to Binance CEO …

Cryptocurrency Exchange Binance Faces Regulatory Pressure in Japan: Report

Join our community of 10 000 traders on Hacked.com for just $39 per month. Japan’s top securities regulator will warn cryptocurrency exchange Binance that it must cease operating in the country without a license or face enforcement action. Citing a person familiar with the matter, Nikkei reports that Japan’s Financial Services Agency (FSA) will issue …