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  • Huobi Announces Post-Christmas Layoffs

    Huobi Announces Post-Christmas Layoffs0

    Huobi, a cryptocurrency exchange based in Singapore has decided layoffs. Leon Li founded the exchange in 2013. It now has a presence in regions like Hong Kong, Japan, and Korea the United States. Along with Huobi, Bitmain has announced the layoffs too. Both the companies have given different reasons for the layoffs. However, the market

  • The new Irish High Court Ruling

    The new Irish High Court Ruling0

    The Irish Times reported here on Tuesday, December 18th that Ireland’s High Court has ruled that 25,000 euro in cryptocurrency which is held by a man in prison is considered “the proceeds of a crime”. The Irish Times stated that the court ‘broke new legal ground’ while referring to the case of Neil Mannion, who

  • Hong Kong tightens cryptocurrency policies

    Hong Kong tightens cryptocurrency policies0

    Owing to the landslide dip in the cryptocurrency values and increase in cases of fraud and forgery, Hong Kong has ensured that it has the right cryptocurrency policies in place. Interestingly, it was one of the most flexible cryptocurrency markets in South East Asia. It had less stringent rules on digital currencies than mainland China,