Bitcoin Exchange PrimeXBT Partners With Bitfury to Ensure Compliance Bitcoin (BTC) exchange PrimeXBT announced that it partnered with blockchain development firm Bitfury in order to ensure regulatory compliance.According to a press release published on Sept.9, PrimeXBT will be using Bitfury’s blockchain analytics and cryptocurrency compliance software Crystal.The exchange hopes that the implementation will heighten its Anti-Money Laundering and Combating the Financing of… Binance Jersey Lists Exchange’s Own GBP-Backed Stablecoin Fiat-crypto exchange Binance Jersey has listed a proprietary GBP-backed stablecoin, according to a press release shared with Cointelegraph on July 19.‘Overwhelming demand’ for stablecoin diversificationListing of the Binance GBP Stablecoin (BGBP) confirms earlier indications that the major industry player had its sights on imminently issuing its own fiat-pegged assets, starting with a cryptocurrency 100% backed… DeFi bubble still growing fast, data from Twitter analyst shows The crypto space knows how big bubbles can grow.The decentralized finance, or DeFi, movement in crypto has grown explosively over the past several months, according to data compiled by Twitter analyst, Ceteris Paribus.Data from May, June, July and August showed DeFi crypto assets have surged in price, on average, 42.9%, 56%, 60.5% and 168.4%… Hong Kong: Illicit Crypto Mining Operations Are Punishable by Fine or Imprisonment The secretary of Hong Kong’s Financial Services and the Treasury has stated that crypto mining operations are regulated by local trading law.His written response to Hong Kong’s Legislative Council was published on Wednesday, April 3.The Council has solicited information about the risks and fraudulent activities related to cryptocurrencies and underlying activity, such as mining.… Russian Supreme Court Classifies Illicit Crypto Use Under Money Laundering Laws The Russian Supreme Court has included the illicit use of cryptocurrencies in the list of criminal offences related to money laundering, local legal news site Pravo reported on Tuesday, Feb.26.The court has introduced new amendments to the anti-money laundering (AML) decree issued in July 2015.These clarifications relate to Russian criminal code articles dedicated… BTC Crash, Fraud and Anti-Hodling: Bad Crypto News of the Week The Bitcoin community collectively facepalmed after BTC fell back below $10,000.It was the result of an $800 crash that took place over the course of one hour, the fifth-largest one-hour drop ever recorded.
But some analysts are calling for an unprecedented rally ahead of the pending halving.This is largely due to the appearance… Chinese Mining Company Ebang to Reportedly List on Nasdaq This Week Chinese Bitcoin (BTC) miner manufacturer Ebang will reportedly be listed on Nasdaq Global Market under the ticker EBON later this week, becoming the second crypto mining company to go public in the United States.According to a report from Chinese crypto news outlet Blockbeats, Ebang will be officially listed on Friday, June 26.Additionally, Blockstream chief… Malaysian Regulator’s Shariah Advisory Council Allows Digital Asset Trading The Malaysian authority that oversees compliance with Islamic law in finance has permitted digital asset trading.2480 Total views 25 Total shares In a landmark announcement, Securities Commission Malaysia’s Shariah Advisory Council declared that digital assets trading was permissible.The Malaysian Shariah Advisory Council is the authority that oversees the implementation of Islamic laws in the… Bitmain, Roger Ver, Kraken Sued for Alleged Bitcoin Cash Hard Fork Manipulation Florida-based United American Corp.(UnitedCorp) has purportedly filed a lawsuit against Bitmain, Bitcoin.com, Roger Ver, and the Kraken Bitcoin Exchange, according to a press release published Dec.6.UnitedCorp alleges that the defendants planned a scheme to take control of the Bitcoin Cash (BCH) network.Founded in 1992, UnitedCorp is a development and management firm with… .
