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Sweden to pay $1.5M worth of BTC to convicted drug dealer

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In a bizarre turn of events, the Swedish government is being forced to pay Bitcoin worth $1.5 million to a convicted drug dealer after the digital asset that the convict amassed illegally, skyrocketed in value during his time in prison. The case has highlighted the need not only for prosecutors to be educated on the…

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Largest Crypto Seizure In Australia: Police Seize $6M Worth Of Digital Currency

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The percentage of illegal crypto transactions, according to this Chainalysis report, is about 2% of total transactions. Although the majority of cryptocurrency transactions is not illegal, it is increasingly being used for criminal activities. As part of a dark web operation, Australian police have conducted a massive cryptocurrency seizure. The total value seized was about $6…

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South Korea: Foreign Exchanges Limit Transactions Following Strict Crypto Regulations

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Foreign crypto exchange organizations may decide to distance themselves from South Korea due to heightened regulations. Us-based crypto-exchange service Bitfront suspended payments from Korean credit cards. It also halted provisions of any Korean-language service effective 14 September.  Earlier on, Binance also ceased Korean currency payment options and trading pairs.  The government roots its worries about…

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Bitpanda Crypto Exchange Raises $263 Million; Valuation Grow by 3X in 6 Months

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Austria’s first unicorn crypto exchange, Bitpanda is riding a bullish streak. In the short span of 6 months, Bitpanda has leaped from a $1.2 billion valuation to a $4.1 Billion valuations after raising $263 Million in a Series C funding round. The latest funding round was led by Alan Howard and REDO Ventures, with existing…

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Coinbase Users Can Now Trade Crypto with Apple Pay

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  Coinbase, one of the leading cryptocurrency exchanges, has announced that they will be integrating Apple Pay as a payment support option in their exchange to promote growing crypto transactions. Coinbase has confirmed that users holding a valid card by Visa or MasterCard linked with their Apple wallets will automatically have an option to make…

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Singapore grants first regulatory in-principle approval to crypto exchange

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Independent Reserve gets the first in-principle approval that gives hope to around 170 crypto exchange applicants waiting to receive an official operating license in Singapore. Independent Reserve, an Australian crypto exchange founded in 2013, has become the first cryptocurrency exchange in Singapore to receive an “in-principle approval” to operate as a fully regulated virtual asset…

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Btcqatar.info 6000% profit in 48 Hours (Principal Return)

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Qatar Bitcoin Investment is a private investment company located in a region that contains 75% of the world’s oil reserves, Qatar may be small in size but it has great  petroleum wealth. We are private-owned and responsible for some off Qatar’s hydrocarbon interests throughout the world. As part of the global energy industry, we also…

Mexico to propose legal framework for cryptocurrencies

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Senator Eduardo Murat Hinojosa has announced that he will propose a legal framework for virtual currencies in the chamber. The news comes shortly after El Salvador made Bitcoin legal tender. After learning that several Latin American countries such as El Salvador, Paraguay and Panama have promoted cryptocurrencies and, in the case of El Salvador, have…