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Crypto Exchange Bithumb Hit With Bill After Tax Investigation Ends

South Korean cryptocurrency exchange Bithumb has been found not guilty of tax evasion, but now faces a massive tax bill, according to reports.

won

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Japan to Deny Crypto Exchange Application in Regulatory First

The Financial Service Agency is reportedly planning to deny a registration application filed by a crypto exchange over KYC failings.

FSA

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Huobi to Offer $166 Million Prize for Own Blockchain Creation

Huobi wants to create its own blockchain and decentralized organization – and is offering $166 million in tokens for help on their development.

Huobi Executive Director Chen Guang (Huobi)

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Another Crypto Exchange Is Rolling Out a Token-based ETF

Hong Kong-based OKEx has launched a cryptocurrency exchange-traded fund, following a similar move by rival trading platform Huobi Pro.

crypto index

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SBI Launches Japan's First Bank-Backed Crypto Exchange

Japanese banking giant SBI Holdings announced on Monday that its in-house cryptocurrency exchange is now live.

Japanese yen

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Huobi Partners on $93 Million China-South Korea Blockchain Fund

Crypto exchange Huobi has teamed up with NewMargin Capital and Kiwoom Securities to launch a blockchain fund focused on China and South Korea.

korea

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Binance Reveals Plan for $1 Billion Blockchain Startup Fund

Binance has announced it is launching a $1 billion "Social Impact Fund" to foster the growth of startups in the blockchain and cryptocurrency space.

bitcoin

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Huobi Is Launching a Cryptocurrency Exchange-Traded Fund

The Huobi exchange announced on Friday that it is launching a cryptocurrency-related exchange-traded fund.

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IDG Backs Crypto Wallet imToken with $10 Million Investment

China-based crypto wallet startup imToken announced on Thursday that it has closed a $10 million Series A round fully funded by IDG Capital.

wallet

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Watch Out Crypto Exchanges, Decentralization Is Coming

With regulatory uncertainty looming over the industry, incumbents should not feel too comfortable at the top.

(FabrikaSimf/Shutterstock)