The post South Korea ‘Considering’ Shutting Cryptocurrency Exchanges [Rinse, Repeat] appeared first on CCN The head of Korea’s primary financial regulator has said the government is considering shuttering all domestic cryptocurrency exchanges. Alternatively, the ban could only loom over exchanges breaking the law. The ongoing debacle of South Korean policymakers and officials delivering contrasting statements about the legality of domestic cryptocurrency trading just took another turn. Quoting the chief The post South Korea ‘Considering’ Shutting Cryptocurrency Exchanges [Rinse, Repeat] appeared first on CCN

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The post Carmaker Proton Suspends Auto Dealership for Accepting Bitcoin appeared first on CCN It wasn’t Malaysian regulators that suspended the dealership branch but instead the auto manufacturer, Proton Holdings. A Selangor-based Proton dealership took it upon itself to begin accepting bitcoin as a form of payment. The problem is that automaker Proton never gave the dealership the green light, with the company saying it doesn’t recognize cryptocurrencies as The post Carmaker Proton Suspends Auto Dealership for Accepting Bitcoin appeared first on CCN

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The post BitConnect Token Loses 90% Amid Exchange Closure Announcement appeared first on CCN BitConnect, a once-promising crypto entity, has lost nearly 90 of its value, as its price has fallen to $26.00 in the wake of announcing the closure of its exchange and lending operation amidst legal problems with U.S regulators. The currency’s market capitalization has fallen to $175,637,617, according to coinmarketcap.com. A total of $17.517 million worth The post BitConnect Token Loses 90% Amid Exchange Closure Announcement appeared first on CCN

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The post Portuguese Consumer Watchdog Wants Bitcoin Investors Taxed appeared first on CCN At a time in which the cryptocurrency ecosystem endures a significant correction as bitcoin dips below the $10,000 mark, Portuguese consumer protection association DECO wants the government to tax cryptocurrency investors. According to local publication Sábado, the organization sent the Ministry of Finance, and the European commissioner in charge of consumer defense a proposal to The post Portuguese Consumer Watchdog Wants Bitcoin Investors Taxed appeared first on CCN

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The post Cryptocurrency Adopters Turn to Bitcoin during Market Downturn appeared first on CCN The dominance index of bitcoin, which calculates the dominance of the cryptocurrency over the global market, has increased over the past 48 hours amidst one of the worst corrections the market has experienced since June 2017. Is Bitcoin Reserve Currency of Crypto Market? Since 2016, upon the emergence of digital tokens and alternative cryptocurrencies, many The post Cryptocurrency Adopters Turn to Bitcoin during Market Downturn appeared first on CCN

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The post Cryptocurrencies Are in Free Fall, but Is It All Bad? appeared first on CCN Cryptocurrencies are in free fall, sparing only a handful of coins. But is it all bad? Or can some good come from this flash crash of January 2018? According to CoinMarketCap, at the time of writing, only five of the top 100 coins by market cap have avoided a plunge in value over the past The post Cryptocurrencies Are in Free Fall, but Is It All Bad? appeared first on CCN

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The post Cryptocurrency Markets Show Signs of Life After $400 Billion Crash appeared first on CCN Cryptocurrency prices are showing signs of life following their $400 billion crash but investors are not out of the woods yet. Cryptocurrency Markets Show Signs of Life After $400 Billion Crash The cryptocurrency market cap — a metric which measures the value of all circulating cryptocurrencies — fell as low as $415 billion on Wednesday, The post Cryptocurrency Markets Show Signs of Life After $400 Billion Crash appeared first on CCN

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The post Fintech Bill: US Congress Plans to Combat Cryptocurrency Use in Terrorism Financing appeared first on CCN US policymakers have made targeting cryptocurrency-fueled terrorism and the illicit use of digital coins for any purpose a priority. Rep. Ted Budd (R-NC) of the House Financial Services Committee on Jan. 10 introduced the Financial Technology Innovation and Defense Act to Congress. A key feature of the bill is a fintech task force designed to The post Fintech Bill: US Congress Plans to Combat Cryptocurrency Use in Terrorism Financing appeared first on CCN

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The post Ripple Price Drops Below Dollar Parity to Punctuate 28% Skid appeared first on CCN The ripple price fell below dollar parity this morning, punctuating the third-largest cryptocurrency’s 28 percent skid. Ripple Price Dips Below $1 Ripple entered 2018 on a hot streak of parabolic proportions. During a one-month period, the global average ripple price rocketed from just $0.25 to an all-time high of $3.84, creating XRP millionaires almost overnight and The post Ripple Price Drops Below Dollar Parity to Punctuate 28% Skid appeared first on CCN

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The post Japan’s Largest Bank MUFG Will Open Cryptocurrency Exchange: Local Reports appeared first on CCN Mitsubishi UFJ Financial Group, the largest bank and financial institution in Japan by assets, is planning on launching a bitcoin and cryptocurrency exchange targeting institutional and retail investors. Launching Cryptocurrency Exchange Japan’s Mainichi Shimbun, one of the major newspapers in the country, and South Korea’s national public news publication KBS, reported that MUFG is preparing The post Japan’s Largest Bank MUFG Will Open Cryptocurrency Exchange: Local Reports appeared first on CCN

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The post Ethearnal Announces Revolutionary ICO 2.0, Disrupting The Freelancing Industry appeared first on CCN This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. The freelancing landscape has changed dramatically in the past couple of years, buoyed by growing internet literacy and advances in mobile technology. Gone are the days when the on-demand The post Ethearnal Announces Revolutionary ICO 2.0, Disrupting The Freelancing Industry appeared first on CCN

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The post Blockchain Technology Building New Internet appeared first on CCN This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. The Internet has democratized access to information like no other innovation has ever done before, opening doors that were closed to so many. Nevertheless, however important the benefits The post Blockchain Technology Building New Internet appeared first on CCN

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The post Bitcoin Price Plunges Below $10,000 as Correction Intensifies appeared first on CCN The bitcoin price plunged below $10,000 on Wednesday as this week’s comprehensive market correction intensified. Bitcoin Price Plunges Below $10,000 The cryptocurrency markets have been in a free-fall this week, and the downward spiral continued this morning. The cryptocurrency market cap dove below $500 billion, and the bitcoin price sunk as low as $9,663 on The post Bitcoin Price Plunges Below $10,000 as Correction Intensifies appeared first on CCN

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The post Ignite Engages Coinfirm to Boost AML Compliance During ICO appeared first on CCN This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned The post Ignite Engages Coinfirm to Boost AML Compliance During ICO appeared first on CCN

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The post CasinoCoin Foundation to be a featured partner of the Isle of Man Government at ICE 2018 appeared first on CCN This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned The post CasinoCoin Foundation to be a featured partner of the Isle of Man Government at ICE 2018 appeared first on CCN

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