Bitbank and BitFlyer CEOs Abandon Their VP Positions at Japan’s Cryptocurrency Self-Regulatory Body

Bitbank and BitFlyer CEOs left their vice-president positions at the Japan Virtual Currency Exchange Association (JVCEA) after their exchanges received regulatory warnings from the country’s Financial Services Agency (FSA). Abandon Ship About a week after Japan’s FSA, issued business improvement orders to six Japanese cryptocurrency exchanges, two of the vice presidents of the country’s JVCEA […]

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International Watchdog to Introduce Binding Regulations for Cryptocurrency Exchanges

Georgi Georgiev · June 14, 2018 · 1:00 am The Financial Action Task Force (FATF) – a multi-national agency tasked with combating global financial criminal activity, will discuss developing and introducing legally binding rules for governing cryptocurrency exchanges later this month. Reuters reports that the Paris-based agency – comprised of 37 countries – will meet […]

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Finnish Crypto Exchange Prasos Oy’s Trading Days May Be Numbered

Nikita Blows · March 9, 2018 · 11:00 pm Four out of the five banks that Finnish-based Prasos Oy uses for their business has severed ties with the exchange, citing money laundering fears as the main reason. Prasos Oy has become a well-known name in the Nordic region’s crypto circuit. The platform relies on the […]

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