Headlines for the world of Cryptocurrencies - March 29, 2018
Bitfinex Plans To Move Office From Hong Kong To Switzerland
One of the biggest cryptocurrency exchange Bitfinex is reportedly planning to move its office out from Hong Kong to Switzerland.
According to the reports, the exchange is currently in talks with the Swiss government over a move to Europe.
Aside from London, Switzerland is also one of the top potential destinations when it comes to cryptocurrency businesses.
Bitfinex is the second Hong Kong-based crypto exchange known to finding a way to exit the jurisdiction, next to Binance who also made plans to move to Malta.
Belarus Effectively Legalizes Cryptocurrency Business Activities
The President of Belarus Alexander Lukashenko has signed a Decree in December 2017 which aims to create conditions for the digital economy development in the country.
The decree has entered into force this March 28, 2018 which effectively legalizes cryptocurrency business activities in Belarus.
Such businesses are exchange services, mining operations, initial coin offerings (ICOs) and smart contracts.
It also does not restrict the issuing, storage and trade of cryptocurrencies.
Any corporate bodies and individual entrepreneurs are free to do business everywhere, so long as they register as residents of the country's High Technologies Park (HTP).
A Japanese Luxury Car Dealer Now Accepts Bitcoin Payment Through BitFlyer
L'Operaio, a Japanese luxury car dealership is now able to accept Bitcoin as payment option from customers using their BitFlyer crypto wallets.
A BitFlyer user can spend up to 100 million yen (940k USD) using their digital wallet and bitcoin purchases can be done by scanning a QR code & be settled in seconds.
The bitcoin payment option will first be available at 3 stores in Tokyo, Aoyama and Setagaya, Nerima.
The rest of the all stores will follow in the near future.
BitFlyer is a tokyo-based cryptocurrency exchange which was recently granted a European Union payment institution license which makes it - according to the company's CEO - 'the world's most compliant cryptocurrency exchange.
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Headlines for the world of Cryptocurrencies - March 28, 2018Six Thousand South Korean Stores To Accept Crypto Payments By Q2 2018 / Coinbase Is Preparing To Acquire Earn.com - Its Largest Acquisition Ever / Tourism Board In Germany Now Accepts Bitcoin Payments |
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Headlines for the world of Cryptocurrencies - March 27, 2018Coinbase Intends To Add Support For ERC20 Tokens / Coingate & Prestashop Partner To Provide Option To 80,000 Merchants To Accept Crypto Payments / HBO Featured Coinbase In The Hit Comedy Series Silicon Valley |
Headlines for the world of Cryptocurrencies - March 26, 2018Huobi Registers Crypto Exchange With FinCEN Before Its Launch In The US / British Government Minister Calls For Proportionate Cryptocurrency Rules / The US Department Of Treasury Is Offering Advice To Government Agencies Interested In Blockchain |
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Hope this doesn't affect their operations....