Greek Supreme Court is Violating Alleged Bitcoin Launderer’s Rights, Lawyer Argues

Greek Supreme Court is Violating Alleged Bitcoin Launderer’s Rights, Lawyer Argues The lawyer representing the alleged former operator of now-defunct crypto exchange BTC-e, Alexander Vinnik, has accused the Greek Supreme Court of “grossly violating” his rights, major Russian state-owned news agency TASS reported Nov. 19.39-year old Russian national Vinnik, a.k.a “Mr. Bitcoin,” was indicted by U.S.authorities and detained in Greece on July 25, 2017 on criminal charges…

Singapore’s Stock Exchange Clarifies Rules for Listed Firms Issuing ICOs

Singapore’s Stock Exchange Clarifies Rules for Listed Firms Issuing ICOs Singapore Exchange (SGX) has clarified the rules for publicly listed companies planning to conduct initial coin offerings (ICOs). In a column published Thursday, Tan Boon Gin, CEO of the stock exchange’s regulatory subsidiary, SGX RegCo, stressed that any tokens launched in an ICO are not listed on…

Crypto Exchange-Traded Product to Launch on Swiss Stock Exchange

Crypto Exchange-Traded Product to Launch on Swiss Stock Exchange Switzerland is to see the launch of the first ever exchange-traded product (ETP) tracking multiple cryptocurrencies. As reported in the The Financial Times on Saturday, the country’s principle stock exchange, Six, has given the go ahead for the ETP, which is called the Amun Crypto ETP and will go by…

Crypto Exchange Kraken Warns Traders Over Bitcoin Cash SV ‘Red Flags’

Crypto Exchange Kraken Warns Traders Over Bitcoin Cash SV ‘Red Flags’ U.S.-based cryptocurrency exchange Kraken has warned users against the perceived risks of trading the new bitcoin cash token, Bitcoin SV (BCH SV) – one of two competing versions of the cryptocurrency created when the blockchain split during last week’s hard fork upgrade. Kraken said in a…

Huobi Exchange’s Plans for Russia Go Well Beyond Crypto Trading

Huobi Exchange’s Plans for Russia Go Well Beyond Crypto Trading Huobi, the third-largest crypto exchange by trading volumes, is seeking to fill a void in Russia’s cryptocurrency community. This month, the exchange opened an office in Moscow, the first major crypto trading platform to have a physical presence in the country, notably with a Russian-language…

Bitfinex’s Parent Company Has a New Offshore Services Provider

Bitfinex’s Parent Company Has a New Offshore Services Provider iFinex, the parent company of controversial cryptocurrency exchange Bitfinex, appears to have hired a new offshore corporate services provider. A trademark application dated Oct. 31 gives iFinex’s address as care of SHRM Trustees (BVI) Ltd., marking a change from prior trademark applications – including one filed…

Crypto Exchange KuCoin Raises $20 Million From IDG, Matrix, Neo Global

Crypto Exchange KuCoin Raises $20 Million From IDG, Matrix, Neo Global Singapore-based crypto exchange KuCoin has raised $20 million in Series A funding backed by IDG Capital, Matrix Partners and Neo Global Capital. KuCoin announced the funding Wednesday, saying that the three firms had not only invested, but formed partnerships with the exchange in order…

Thai SEC Urges Public to Avoid Unlicensed Crypto Exchange as Regulation Set to Take Effect

Thai SEC Urges Public to Avoid Unlicensed Crypto Exchange as Regulation Set to Take Effect Thailand’s financial regulator has told a cryptocurrency exchange to cease advertising and warned citizens not to use it due to legal uncertainty, the Thai Securities and Exchange Commission (Thai SEC) reported Tuesday, Nov. 13. In the release, the Thai SEC said it had not officially…

Judge Rules in Favor of Canadian Bank in Dispute With Crypto Exchange

Judge Rules in Favor of Canadian Bank in Dispute With Crypto Exchange A $19.6 million disputed sum between Canada’s largest crypto exchangeQuadrigaCX and the Canadian Imperial Bank of Commerce (CIBC) has been handed into the custody of the Ontario Superior Court, per a court document filed Nov. 9. On Oct. 8, Canadian newspaper the Globe and Mail reported that Vancouver-based QuadrigaCX…

Court Takes Control of Funds Amid Crypto Exchange’s Banking Dispute

Court Takes Control of Funds Amid Crypto Exchange’s Banking Dispute https://www.shutterstock.com/image-photo/toronto-ontario-canada-june-18-2017-663012397?src=Y-JwD4rTdS1cvlRBjorm4w-1-2A Canadian court is taking charge of $26 million CAD claimed by crypto exchange QuadrigaCX due to a dispute over the funds’ provenance. Judge Glenn Hainey of the Ontario Superior Court of Justice granted the Canadian Imperial Bank of Commerce (CIBC) an interpleader order on Nov. 9, allowing the court…

Japan: Crypto Exchange Coincheck Resumes NEM Trading Almost 10 Months After Major Hack

Japan: Crypto Exchange Coincheck Resumes NEM Trading Almost 10 Months After Major Hack Recently re-opened Japanese crypto exchange Coincheck has announced it has resumed NEM (XEM) crypto token trading after a restructuring of its platform by external “security experts,” South Korean news outlet FNNews reports Nov. 13.In January of this year, Coincheck suffered an industry record-breaking hack when $534 million worth…

Russian Crypto Exchange Gets Approval From Estonian Financial Watchdog

Russian Crypto Exchange Gets Approval From Estonian Financial Watchdog Russian cryptocurrency exchange B2BX has received regulatory approval from the Estonian Financial Intelligence Unit (FIU) to operate in the country, according to a press release published Nov. 12. Founded in 2014, B2BX is a part of the B2Broker group of companies and a full-featured spot trading platform, offering 34 cryptocurrency markets. In late…