Ripple continues its run of acquisitions, announcing an expansion into Iceland with its acqui-hire of crypto trading firm Algrim.
Iceland News
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Cryptocurrency services firm Prasos has received a payment institution license from a Finnish regulator, allowing it to offer payment services in EEA countries.
5050The Financial Supervisory Authority of Iceland approved a ConsenSys-backed blockchain firm to operate as e-money business.
6073Coinbase is launching support for European Union residents to make fiat currency withdrawals to online payment system PayPal.
5939The CBOE has withdrawn their BTC ETF rule change application, while Wyoming introduces crypto-friendly legislation.
11515Suspect in Bitcoin miner heist Sindri Þór Stefánsson managed to flee to Sweden before authorities arrested him in the Netherlands.
5654Iceland’s blockchain-powered identity platform Authenteq has received a $5 million investment from Draper Associates, among others.
3702ConsenSys has participated in a $2 million seed funding round for Icelandic blockchain startup Monerium, which counts the country’s central bank ex-chairman as a co-founder.
5325Chairman of an Icelandic data center provider claims that the local crypto industry is going to shift from crypto mining to “pure blockchain business.”
12979Hashpower hosting service Genesis Mining is forcing some customers to upgrade their mining contracts due to the serious decline in digital currency prices.
10954600 seized computers used for Bitcoin mining in China could well be the same 600 stolen from Iceland three months ago.
21148Icelandic police have sent an enquiry to China after a count of confiscated mining hardware in Tianjin exactly matched the missing machines stolen in Iceland earlier this year.
25031Sindri Þór Stefánsson, the man wanted on charges of stealing Bitcoin mining hardware in Iceland, has said he’ll return home after fleeing to Sweden.
14296A suspect in the infamous Bitcoin miner theft in Iceland earlier this year has escaped prison and fled to Sweden.
23587Taiwan’s central bank has suggested that Bitcoin transactions should be regulated under existing AML regulations.
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