Shanghai judge says cryptocurrency is a commodity, legal to own

United Kingdom-based cryptocurrency exchange CEX.IO now requires its users to disclose their identities, financial trading news outlet Finance Magnates reported Dec. 11.Established in 2013, CEX is a London-based cryptocurrency trading platform, initially started as a cloud mining provider. Currently, the exchange supports eight major digital currencies and four major fiat currencies, while its adjusted daily…

Four South Korean cryptocurrency exchanges are reportedly facing stricter regulation as they aim to renew their banking accounts. As local industry media TheBchain reports on July 29, the new requirements come after the Financial Action Task Force (FATF) released recommendations on virtual currency regulations.Per the report, South Korean cryptocurrency exchanges Bithumb, Upbit, Coinone and Korbit…

In 2021, Latin America saw a soaring rise in crypto adoption among the 20 countries and 14 dependencies that make up the region.A slew of conferences, associations, new regulations and nonfungible token (NFT) projects as well as the global bull market made last year an intriguing one for the region.Let’s take a look at some…

United States merchant services provider and payment processing firm Aliant Payments has announced it will offer free crypto transaction processing to some merchants, according to a press release Jan. 29.Aliant’s crypto processing product for merchants, dubbed CryptoBucks, was launched in 2017. As the firm announced today, free crypto processing via the platform is now available…

Bitcoin (BTC) continued trading sideways on Dec. 27 after spending the Christmas period broadly free of volatility.Cryptocurrency market daily overview. Source: Coin360BTC “relaxes” this ChristmasData from Coin360 showed BTC/USD hovering practically in the middle of its monthly range between $6,500 and $7,770. At press time, the pair hovered at $7,180, having barely moved over the past…

None of the 21 founding members of the Libra Association, except Facebook, have yet committed any money to support Libra, according to the BBC.$10 million investment initially requiredSince the announcement of the Libra Association Council in June 2019, no financial agreement for the founding partners has been made to date, BBC reports Oct. 23, citing…

Peng Zhong stepped down as CEO roughly a month after former company head Jae Kwon said he would be leading NewTendermint, part of Ignite's split to two firms in May. 320 Total views 20 Total shares Peng Zhong, the chief executive officer of Ignite — formerly Tendermint and backer of the Cosmos ecosystem — has…