German Federal Financial Supervisory Authority Recognise Cryptocurrency As A Financial Instrument

Recognise Cryptocurrency

The German Federal Financial Supervisory Authority as Recognise Cryptocurrency As A Financial Instrument in the country. The Agency made this known when it published an article on Cryptocurrency with the headline “requirement Leaflet: Notes on the facts of the crypto custody business”. The article contains information on I. The facts of the crypto custody business …

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Supreme Court Of India Reverse Cryptocurrency Ban

India reverse Cryptocurrency ban

Cryptocurrency lovers are jubilating around the world has the Supreme Court of India reverse Cryptocurrency ban in the country. The ban has been effective since 2018. It can be recalled that the reserve bank of India (RBI) had in 2018 banned Cryptocurrencies transactions in the country.  This was a major challenge to the crypto traders …

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Chinese Hackers Charged For Laundering Cryptocurrency Worth 91 Million Dollars

Chinese Hackers

Information reaching us has it that The United States of America have charged two Chinese hackers for their role in the laundering of more than 91 million dollars worth of cryptocurrency. The interesting part of this issue is the fact that the said money was later stolen by another set of Hackers from North Korea. …

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MecoCash Enables Litecoin Witdrawal From Korean ATM

MecoCash

There is a new development that Litcoin has gone into partnership with MecoCash to enable Litecoin holders to withdraw their cash equivalent from Korean ATM. MecoCash has around 13,000 cash machines in South Korea. The new service offers the possibility to easily transfer litecoin to South Korea and convert it into the Korean won. The chairman of …

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Justin Sun to hold meeting with Steemit admistrators over soft folk

Justin Sun

we earlier brought you a report that Justin Sun who is the founder and CEO of TRON (TRX), had bought Steem from Ned Scott.  Steemit is the largest decentralized social media platform that runs on a blockchain. This news was made available to the public through a tweet from Ned Scott official twitter handle and …

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Norwegian Airline To Allow Cryptocurrency Payments

Norwegian air

Norwegian air customers that are into cryptocurrency will soon have reasons to smile as the Norwegian Block Exchange (NBX) has developed a payment infrastructure that will allow them to make payment in cryptocurrency. This was made known by the CEO  of the Block exchange (Stig Kjos-Mathisen) during an interview with a local business newspaper. In …

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