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

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

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

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

  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

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…