Crypto Rex

Russian Developers to Help Iran Build Its Crypto-Economy

Experts from Russia will provide support for the development of Iran’s crypto-economy. The cooperation is part of an agreement reached by representatives of leading industry organizations from the two countries, both subjected to western sanctions.   Also read: Vietnam at Crossroads on Cryptocurrency Regulations Crypto Associations Sign Cooperation Agreement The document has been signed by …

Russian Developers to Help Iran Build Its Crypto-EconomyRead More »

Bitcoin Group SE Buys Investment Bank Tremmel for Undisclosed Figure

Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency exchange operator’s second acquisition in 2018. Bitcoin Group, which holds current assets of $40 million, said Tremmel allows it to issue its own cryptocurrency-related products, conduct proprietary trading and operate bitcoin ATMs. Also …

Bitcoin Group SE Buys Investment Bank Tremmel for Undisclosed FigureRead More »

Namibian Bitcoin Trading Platform BTN Perseveres Despite Partial Crypto Ban

Bitcoin Trade Namibia (BTN), an emerging bitcoin marketplace, is trying to make things work for Namibians keen on investing in digital assets, even though it could take up to three days before buy orders are settled. However, in an industry where government forces crave control, the delay looks like it should be worth the wait. …

Namibian Bitcoin Trading Platform BTN Perseveres Despite Partial Crypto BanRead More »

Vietnam at Crossroads on Cryptocurrency Regulations

Vietnamese authorities are still considering their approach to regulating the cryptocurrency space. The Ministry of Justice has put forward several alternative solutions and the Ministry of Industry and Trade has expressed its opposition to the ban on imports of mining equipment. Also read: Uzbekistan Sets up International Arbitration Center for Crypto Businesses Justice Ministry Reports …

Vietnam at Crossroads on Cryptocurrency RegulationsRead More »

Colorado Takes Action Against Four More ICOs – 12 in Total

The Division of Securities of the U.S. state of Colorado has issued four new cease-and-desist orders to stop as many companies from promoting their tokens to residents of the state. So far, action has been taken against a total of 12 initial coin offerings by the state’s securities commissioner. Also read: Yahoo! Japan Confirms Entrance Into the …

Colorado Takes Action Against Four More ICOs – 12 in TotalRead More »

Nigerian Startups Call for Cryptocurrency Regulation to Stem Investment Outflows

Nigeria’s financial technology startups have called on the Central Bank of Nigeria (CBN) to provide legal guidelines for the cryptocurrency and blockchain industry. A lack of regulation is driving investment out of Africa’s biggest economy to areas like Rwanda and Europe while fomenting uncertainty, according to the Electronic Payment Practitioners Association of Nigeria (E-ppan). Also …

Nigerian Startups Call for Cryptocurrency Regulation to Stem Investment OutflowsRead More »

Coinsource on its Coveted NYC BitLicense, Bitcoin ATM Fees, and Crypto Regulations

In November 2017, the world’s largest Bitcoin ATM network was granted the much-desired Virtual Currency License by the New York Department of Financial Services, becoming the 9th company to do so. Coinsource has been gunning for this license since the summer of 2015 and was primarily operating under a provisional license. The newly issued “BitLicense” …

Coinsource on its Coveted NYC BitLicense, Bitcoin ATM Fees, and Crypto RegulationsRead More »