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Japan’s Central Bank Has No Plans to Issue Central Bank Digital Currency
Japan’s central bank has said that it has no plans at present to issue a central bank digital currency, citing the impact this may have…
Kraken to Halt Trading Services in Japan by June Citing Rising Costs for Decision
Cryptocurrency exchange Kraken has announced that it will be halting its trading services for Japanese residents, citing rising costs in Japan for the decision. The…
IMF Chief Says Bitcoin Tools Could Make Traditional Finance Function More Efficiently
The head of the International Monetary Fund (IMF) has said that the underlying technology of bitcoin and other digital currencies could make the finance system…
Ten Police Officers Charged in $1.3 Million Bitcoin Kidnapping Case
Ten police officers in the Indian state of Gujurat have been accused by the Crime Investigation Department (CID) for crimes ranging from abduction, attempted extortion, and…
South Africa’s SARS to Apply Normal Income Tax Rules to Cryptocurrencies
The South African Reserve Service (SARS) has announced that it will be applying normal income tax rules to cryptocurrencies. In an announcement released by the…
Investors Remain Bullish on Cryptocurrency Market, Predict It Will Become More Mature This Year
The cryptocurrency market has experienced a tough start to the year, with the first quarter representing the worst for bitcoin. Yet some analysts believe that…
Police in India Arrest Cryptocurrency Scam Artists for Allegedly Duping Thousands in Ponzi Scheme
An Indian cryptocurrency scam artist and his brother have been arrested for allegedly duping thousands of investors out of $300 million through bitcoin-based Ponzi schemes.…
Cryptocurrencies Aren’t in Any Competition with Fiat Currencies, Says SNB Member
A member of the Swiss National Bank Governing Board (SNB) has argued that cryptocurrencies aren’t in any competition with traditional fiat currencies. Andrea Maechler added,…
Mt Gox Former CEO May Receive Bitcoin Billions Due to Japanese Bankruptcy Law
The former CEO of the now-defunct bitcoin exchange Mt. Gox has once again apologised for the way he handled things during the exchange’s collapse and…
