An Italian cryptocurrency exchange called BitGrail claims that it was hacked late last week and lost roughly $195 million worth of customers’ cryptocurrency.
Japan’s largest Bitcoin and blockchain company, bitFlyer, has now received an official license to operate in the state of Illinois.
South Korean cryptocurrency exchange Bithumb is now accepting new investor registrations following integration of new regulator-mandated “know-your-customer” (KYC) procedures.
The regulator of Abu Dhabi’s international financial centre said it could create rules for exchanges handling virtual currencies, in a sign that authorities in the United Arab Emirates may allow trade in cryptocurrencies such as bitcoin to develop.
A handful of smaller European banks such as Vontobel and Falcon Bank, Fidor Bank and Liechtenstein’s Bank Frick are giving investors access to cryptocurrencies and advising on initial coin offerings, despite an intensifying efforts by regulators to clampdown on the area.
The IRS has formed a 10-person team to work with international crime agencies to track down people who have been evading taxes on their cryptocurrency profits.
Investors in Japan will pay a 15 to 55 percent tax on profits made from crypto investments, depending on how much they earn.
A series of Australian government websites, including the Victorian parliament’s, have been compromised by malware. The process, known as cryptojacking, forces a user’s computer to mine cryptocurrency without their permission, generating profits for the hacker.
Disclaimer. This article/email is for informational purposes and should not be considered investment advice. Statements and financial information on Nami web/email and Nami related sites do not necessarily reflect the opinion of Nami and should not be construed as an endorsement or recommendation to buy, sell or hold.
While we aim at providing you all important information that we could obtain that may include certain information taken from exchanges and other sources from around the world, readers should do their own research before taking any actions and carry full responsibility for their decisions.Trading and investing in digital assets like cryptocurrencies is highly speculative and comes with many risks. Past performance is not necessarily indicative of future results.
Nami may provide links to third-party websites, including social networking websites. Since we do not control third-party sites and are not responsible for any information you may provide while on such sites, we encourage you to read the privacy policies on those websites before providing any of your information on such sites.