Bitcoin Trading Is Illegal in Saudi Arabia, Warn Watchdogs

Bitcoin remains above $70K as Asia begins its trading dayOne trader told CoinDesk that its too early to tell if slowing GBTC outflows will be a positive sign for bitcoin's priceBitcoin (BTC) looks to extend Wednesday's gain, trading near $70,800 while ether {{ETH}} changed hands above $3,500 as the market continues to digest a higher-than-expected

After a net loss reported in Q1, the Japanese IT giant says it made an 11 percent profit through its crypto business this last quarter.

(SJ Objio/Unsplash, modified using Photomosh)Binance Gives 27,000 COVID-19 Masks to UK National Health ServiceBinance, the world’s biggest crypto exchange by trading volume, has donated 27,000 KN95 masks worth over $60,000 to the U.K. National Health Service’s Pru Trust to aid the fight against COVID-19. The Princess Royal University Hospital (PRUH) is one of London’s largest…

The tax charges brought by the Federal Inland Revenue Service (FIRS) of Nigeria against Binance executives Tigran Gambaryan and Nadeem Anjarwalla have been dropped, a family spokesperson said in an emailed statement on Friday.The FIRS agreed to revise the charges so that it serves only Binance, through its local representative. Gambaryan will no longer need

news The Takeaway: Colorado’s Office of Economic Development & International Trade has begun the process of creating special-purpose banking legislation to cater to crypto companies. The aim is to get a bill in front of Colorado lawmakers by December. Additionally, Colorado is exploring the option of extending crypto-specific banking laws (similar to those passed in…

Nov 29, 2019 at 22:00 UTCUpdated Nov 29, 2019 at 22:01 UTCMansudae Monument at June 11, 2014 in Pyongyang, North Korea. (Photo by: Attila Jandi / Shutterstock.com)US Arrests Ethereum Developer for Training North Koreans to Evade SanctionsVirgil Griffith, who has lately been working at the Ethereum Foundation, has been arrested for allegedly going to a…

Apr 29, 2020 at 09:00 UTCThe Nasdaq stock exchange has partnered with R3 to offer a platform for digital asset marketplaces on the Corda blockchain, the companies announced Wednesday.Capital markets participants can now use Corda to support the issuance, trading, settlement and custody of digital assets, said Johan Toll, Nasdaq’s head of digital assets.The ledger…

The Federal Bureau of Investigation (FBI) is warning there has been a rise in fraudulent schemes using cryptocurrency automated teller machines (ATM) and quick response (QR) codes to facilitate payments.The FBI said it has seen an increase in scammers directing victims to use physical crypto ATMs and QR codes to complete payment transactions.Scammers will request…