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Japan: Crypto Industry Trade Group JCBA Issues Guidelines for ICO Regulation

In order to promote domestic blockchain and cryptocurrency-related businesses, the Japan Cryptocurrency Business Association (JCBA) has published its “Recommendations on New ICO Regulation” on Friday, March 8. The recommendations on Initial Coin Offerings (ICOs) regulations issued by the JCBA — a local industry trade group — focus on three main …

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Crypto Mixed as Australia Suspends Two Exchanges for Links to Drug Crimes

Investing.com – Cryptocurrency prices were mixed on Friday as Australia’s anti-money laundering watchdog suspended the license of two digital platforms due to drug trafficking links, increasing concern over regulation of the sector. The suspension of the unnamed exchanges are the first by the Australian Transaction Reports and Analysis Centre, or …

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Enjin Coin (ENJ) Surge Sparks Altcoin Season Talk

Speculation on the altcoin markets has rekindled talks of a new season for the smaller assets after Enjin Coin (ENJ) staged a spectacular rally. ENJ, which doubled in value over the past week, traded at $0.16 as of 9:15 UTC on Friday, gaining 58% overnight. ENJ has had similar rallies …

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French Finance Committee Proposes Ban on Anonymous Cryptocurrencies

The Finance Committee within the French National Assembly has released a report dealing with the current applications of cryptocurrencies and blockchain technology. Eric Woerth, the president of the committee, asserts that certain cryptocurrencies facilitating anonymous transactions should be banned to prevent illegal funding and money laundering activities. “We must be …

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Australia watchdog suspends two cryptocurrency exchanges for drug offences

SYDNEY (Reuters) – Australia's anti-money laundering watchdog said on Friday it had suspended license of two cryptocurrency exchanges after a police investigation found the businesses were being exploited for drug trafficking. It was the first such suspension by the Australian Transaction Reports and Analysis Centre, or AUSTRAC, since new legislation …

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Bitcoin Cash (BCH) Could Dip Before Upside Acceleration

Bitcoin cash price rebounded nicely after buyers appeared near $120 against the US Dollar. The price climbed higher and broke the $125 and $130 resistance levels. There is a major declining channel is in place with resistance at $132 on the 4-hours chart of the BCH/USD pair (data feed from …

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