Cryptocurrencies began the new year on a positive note. On January 7, the market value of all digital currencies surpassed $835 billion. But prices have fallen since. On January 10 alone, prices fell 10%. But some cryptocurrencies this week did better than others. Here are the top performers: 1. Tron…
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99Crypto
Malaysian Government Still Debating On Legalization of Cryptocurrency
On January 12, a local Malaysian media source reported that the government there is still not certain whether they will legalize digital currencies. Khalid Abdul Samad, who is the country's federal territories minister, told the New Straits Times that cryptocurrencies are currently neither legal or illegal in the…
Kotak Mahindra Bank Cracks Down On Account Holders Engaging In Cryptocurrency Investments
Kotak Mahindra Bank, which is the second largest private bank in India by market value, is threatening to close accounts of those who are engaging in cryptocurrency transactions. This was reported by a Twitter user, who, on January 8, posted a screenshot that allegedly came from a bank communication. The…
2019 CAC Guidelines for Blockchain Operations
On January 10th, China’s Cyberspace Administration recently announced new guidelines for operational blockchain firms in the country. The guidelines, according to the CAC, will be in effect on February 15th and were established to contribute to the industry’s healthy development. The firms described in the document are subject…
Thailand Licenses Four Cryptocurrency Companies
On January 8, Thailand's Security and Exchange Commission announced that the country's Ministry of Finance had issued licenses to 4 cryptocurrency companies, which will allow them to conduct digital asset business in the country. The companies that were granted licenses include 3 digital currency exchanges: Bitkub…
How ShapeShigt handled the cryptocurrency bear market
On January 8, ShapeShift — which is a Swiss digital currency exchange — announced that it was laying off about one-third of its employees. Erik Voorhees, who is the CEO of the exchange, made the announcement in a tweet. Voorhees also issued a blog post accompanying the tweet. The post was entitled…