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Regulations Push Chinese Bitcoin Volumes to OTC and Neighboring Countries
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Regulations Push Chinese Bitcoin Volumes to OTC and Neighboring Countries

Following the regulatory crackdown in China, bitcoin’s price has climbed back up 30 percent over the $4K zone since the market’s nosedive last Friday. Now Chinese bitcoin trade volume has dropped to the fourth position globally as Japan has taken the reigns ov...
Bitcoin Exchange bitFlyer Hopes to Win Big With the Japanese Bankers Association
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Bitcoin Exchange bitFlyer Hopes to Win Big With the Japanese Bankers Association

While China tightens its grip on its cryptocurrency community, Japan is openly embracing cryptocurrencies and blockchain technology, legalizing bitcoin, and encouraging and funding blockchain research. Even Japan’s banks are onboard, working collaboratively...
China May Try to Block All Bitcoin Transactions in the Country
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China May Try to Block All Bitcoin Transactions in the Country

The Chinese authorities may be moving toward a broad clampdown on all Bitcoin, including peer-to-peer (P2P) exchanges and over-the-counter (OTC) trading platforms. Using the Great Firewall to block IP addresses, access to foreign bitcoin exchanges could be blo...
Aliant Payment Systems Partners with Bitpay, Bringing Bitcoin Mainstream
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Aliant Payment Systems Partners with Bitpay, Bringing Bitcoin Mainstream

Bitpay recently partnered with Aliant Payment Systems, which is a company that provides online merchant services for credit card processing. Aliant plans to offer its customer base the option of transacting using bitcoin via Bitpay. This brings Bitcoin another...
China Bitcoin Exchange Ban to Extend to OTC Trading, Maybe Mining: WSJ
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China Bitcoin Exchange Ban to Extend to OTC Trading, Maybe Mining: WSJ

The Chinese government is moving to extend the bitcoin exchange ban to over-the-counter (OTC) trading and potentially even mining. Bitcoin Exchange Ban to Extend to OTC Trading According to a Wall Street Journal report, Beijing officials told several bitcoin...
Australia (Finally) Introduces Bill to Kill Double Taxation of Bitcoin
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Australia (Finally) Introduces Bill to Kill Double Taxation of Bitcoin

The Australian government has delivered on its longstanding promise to remove the double taxation of transactions involving cryptocurrencies like bitcoin. For years, digital currency adopters in Australia were taxed twice for transactions, once for the good...
MUFG Chief: Dimon’s Bitcoin ‘Fraud’ Comment Only About ‘Public’ Digital Currencies
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MUFG Chief: Dimon’s Bitcoin ‘Fraud’ Comment Only About ‘Public’ Digital Currencies

The chief executive of MUFG, one of Japan’s ‘megabanks’, has offered his opinions on the recent remarks made by JP Morgan chief executive Jamie Dimon. In an interview with CNBC, Nobuyuki Hirano, president & group CEO of Tokyo-based Mitsubishi UFJ Financial...
China’s Bitcoin Trading Activity Increases Despite Government’s Plan to Ban OTC Markets
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China’s Bitcoin Trading Activity Increases Despite Government’s Plan to Ban OTC Markets

Despite the plans of the Chinese government and local financial regulators to extend the nationwide bitcoin exchange ban to over-the-counter (OTC) markets, bitcoin trading activity is continuously increasing in the region. Previously, CCN reported that Chin...
Understanding What an ICO Is And Why Government Wants to Regulate It
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Understanding What an ICO Is And Why Government Wants to Regulate It

It would appear that on planet crypto, ICOs are currently the flavor of the month, perhaps also of the season. With each passing day, a new ICO is announced and they have now become ubiquitous across all forms of media. Coinidol writers, for example, receive i...
Bitcoin Price Attempts to Break $4,000 Resistance
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Bitcoin Price Attempts to Break $4,000 Resistance

No one can deny the yo-yo effect is clearly visible across all cryptocurrency markets right now. After a week filled with ups and downs, it seems the Bitcoin price may finally head back to $4,000 and more. Thanks to a 10.05% price increase over the past 24 h...