ETH

Bitpay Users Can Now Purchase Crypto With Fiat In-App

</header> <strong>On January 23, the cryptocurrency payment firm Bitpay announced it will be allowing customers to purchase digital assets using the Bitpay platform. The Atlanta-based company partnered with fiat-to-crypto payment processor Simplex to offer the crypto purchasing experience. Bitpay says the latest feature will provide an “all-in-one solution” for cryptocurrency-related activities.</strong> Also Read: Bitcoin.com Partners …

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UK Tax Agency to Pay $100K for Blockchain Surveillance Software

</header> <strong>On January 17, the UK tax agency Her Majesty’s Revenue and Customs (HMRC) published a job opportunity for a private contractor to design a cryptocurrency blockchain analysis tool. According to the listing, the contract is for one year and HMRC will pay the contractor $100,000 for software that can “identify and cluster crypto asset …

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Fairspin Casino Players Won Over 40,000 ETH

</header> Blockchain casino <a href=”https://fairspin.io/?p51788p3108965pcd78&utm_source=media&utm_medium=article&utm_campaign=bitcoin_com&utm_content=eng&utm_term=fairspin” target=”_blank” rel=”noopener noreferrer”>Fairspin</a> paid out more than 40,000 <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/ETH” target=”_blank” rel=”noopener noreferrer”>ETH</a> to players in its first full year of operation. The casino was founded in late 2018 under the name of Fairplay. A year later, it was rebranded into Fairspin to emphasize the casino’s key distinctive feature …

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China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year

</header> <strong>On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $11.4 billion in 2019. Peckshield’s research recorded a number of illegal or otherwise unregulated transactions over …

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Ethereum Proponent Virgil Griffith Deemed a Flight Risk, Judge Denies Bail

</header> <strong>U.S. law enforcement filed in November criminal charges against Ethereum researcher Virgil Griffith because he traveled to North Korea and taught “his audience how to use blockchain technology.” Griffith was arrested on Thanksgiving Day and has been forced to remain in prison the whole time. On Dec. 26, SDNY Magistrate Judge Barbara Moses refused …

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$100M of Ethereum Tied to Plustoken Scam Sparks Wild Theories

</header> <strong>During the last two weeks as cryptocurrency prices slid below long term foundational support, speculators assumed Plustoken scammers may be behind the dump. Blockchain intelligence firm Chainalysis published a report which claimed Plustoken coin sales might be dragging <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> prices down. Moreover, on December 19, Plustoken scammers moved 789,525 …

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Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy

</header> <strong>In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. </strong><strong>We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other notable regulatory developments in the crypto space.</strong> Also read: Regulatory …

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Croatian Post Now Offers Crypto Exchange Service at 55 Branches

</header> <strong>Croatian Post, the biggest provider of postal services in the Republic of Croatia, is now offering a cryptocurrency exchange service at 55 post offices throughout the country. Currently, five cryptocurrencies are supported. This follows a successful implementation and positive results of a pilot program at a few branches. The Post found interest in this …

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NY Regulator Proposes Relaxing New Coin Listing Requirements

</header> <strong>The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will be able to self-certify the compliance of their …

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Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun

</header> <strong>On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows “strong demand” for these products.</strong> Also read: Wisdomtree’s Physically Backed Bitcoin ETP Goes …

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