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Japan’s Financial Authority to Begin Bitcoin Exchange Surveillance Next Month

Japan’s Financial Services Agency (FSA) has revealed that it will start a full review of bitcoin exchanges operating in the country, which includes putting them under full surveillance starting in October. This step is to ensure they comply with the revised law which legalized bitcoin as a method of payment in April. Also read: Korea’s…

A Slovenian Savings Bank’s Traditional ATM Dispenses Bitcoin Vouchers

According to a video filmed by the Slovenian savings bank Hranilnica Lon, the firm has enabled the ability to purchase bitcoin with its classic automated teller machine (ATM) located in the company’s lobby. The Kranj-based bank believes it’s the first bank worldwide to implement bitcoin into a traditional ATM. Also read: Bitcoin Software Wars: The Case…

Korea’s Largest Messenger App Launching Exchange With 110+ Cryptocurrencies

The operator of Kakao Stock, a popular Korean securities trading app based on the country’s number one smartphone messenger app Kakao Talk, is launching a cryptocurrency exchange called Upbit. Over 110 cryptocurrencies will be supported initially including bitcoin, ether, and litecoin. The company says that it will be the largest digital currency exchange in South…

U.S. Regulators and Blockchain Advocates to Discuss ICO Implications on October 12

The U.S. Securities and Exchange Commission (SEC) declared this summer that initial coin offering (ICO) tokens were subject to federal securities laws. Just recently, the regulatory agency announced that it would hold an investor advisory committee meeting on October 12 to discuss the implications of blockchain technology for securities markets. Also read: SEC Suspends Trading of…

Crypto Mining ”More Profitable Than Drugs and Arms Trafficking” in Russia

Russian media has conducted interviews with several representatives of the country’s bitcoin mining industry. The investigation has provided unique insights into an expansive industry that penetrates all levels of Russian society, ranging “from schoolchildren to pensioners”. Also Read: Russian Government Seeks Cryptocurrency Researchers, Will Pay 2.5 Million Rubles Dramatic GPU Shortages Earlier This Year Signify a…