Crypto Startups Push Swiss VC Investments to a Record $1.25B

Startups based in Switzerland have attracted a record amount of venture capital in 2018 and companies from the cryptocurrency industry have contributed to the notable increase. Zug, which is...

Iran in Talks With 8 Countries for Use of Cryptocurrency in Financial Transactions

Iran is exploring various options, including holding negotiations with other countries to introduce cryptocurrency in global trade, as the Islamic state moves to sidestep U.S. economic sanctions. Mohammad-Reza Modoudi,...

Just Because Cryptocurrency Isn’t ‘Legal Tender’ Doesn’t Make It Illegal

Central bank warnings about crypto assets may give the impression that cryptocurrency is illegal, especially since these entities often cite reasons as to why they’re uncomfortable with virtual currencies...

Money Transmitter License Not Required for Crypto Businesses in Pennsylvania

On Wednesday, Jan. 23, the Pennsylvania Department of Banking and Securities (DoBS) published guidance for virtual currency businesses operating in the state. The state’s financial agency has decided a...

Russian Institutions Back Proposal to Let Companies Use Cryptocurrency

An idea to allow companies from certain sectors and in some regions to use cryptocurrencies is gaining traction in Russia. The proposal has been included in a draft law...

Regulations Have Ruined the Physical Bitcoin Industry

As bitcoiners celebrate the 10th anniversary of Satoshi’s invention, veteran enthusiasts will be aware that a lot has changed since the early days. One business that was once incredibly...

Crypto Cards Are Legal in Russia, According to the Finance Ministry

Using cryptocurrency debit cards to pay for goods and services does not contradict Russian law, Deputy Finance Minister Alexei Moiseev was quoted as saying by local media. He believes...

No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says

Last year’s falling prices are not a good enough reason to “bury” cryptocurrencies, Russian Prime Minister Dmitry Medvedev said during a high-level economic conference. He believes Russia should carefully...

5 Crypto Exchanges Have Been Licensed in Gibraltar Since Regulation

Several known crypto companies have been granted licenses to operate from Gibraltar since the British overseas territory adopted business-friendly regulations for the nascent industry. According to Gibraltar’s trade minister,...

Central Bank Official: Regulators Are Hindering the Development of Cryptocurrencies

An excessive number of regulatory agencies are interfering with the prospects of successful development of cryptocurrencies in Ukraine, according to a high-ranking representative of the country’s central bank. What...
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