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Ethereum Creator, NYU Economist Go to War On Twitter, Mull Public Debate

ccn | 10-16-2018

Ever since Nouriel Roubini appeared before the United States Senate Committee On Banking, Housing, and Urban Affairs, to discuss cryptocurrencies – he has certainly been causing quite the commotion with regards to the cryptocurrency community.   Roubini vs Buterin This is not surprising, considering the famed economist shared several controversial statements about bitcoin and cryptocurrencyThe post Ethereum Creator, NYU Economist Go to War On Twitter, Mull Public Debate appeared first on CCN

Categories: BTC|ETH|Regulation
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Decred’s New Governance System Allows Users to Control $20M Treasury

cryptoglobe | 10-16-2018

Launched today, Decred’s new Politeia governance system allows users to propose, comment, and vote on Decred developments. For the first time since launch, users can now vote on how Decred spends its $20M treasury fund.

Categories: Regulation
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US SEC Halts Fraudulent ICO That Falsely Claimed to Be ‘Approved and Registered’ by the Securities Watchdog

blokt | 10-16-2018

Fraudulent initial coin offerings (ICOs) are becoming a permanent feature in the crypto sphere. The US Securities and Exchange Commission (SEC) reported on Oct. 11 that it obtained an emergency court order to halt a planned fraudulent ICO claiming to be the “first [U.S.] licensed and regulated tokenized cryptocurrency exchange and index fund.” The SEC […]US SEC Halts Fraudulent ICO That Falsely Claimed to Be ‘Approved and Registered’ by the Securities Watchdog was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: ICO|Regulation|Exchange|BTC|Market
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Paxos Issues $50m of Recently-Launched Dollar-Backed Stablecoin

cryptoglobe | 10-16-2018

Blockchain Trust Company, Paxos has issued about $50 million worth of its dollar-pegged stablecoin Paxos Standard Token. This was revealed yesterday in a tweet by Dorothy Jean Chang, Paxos vice president of marketing and communications. The news provides the first major indication regarding the scale of adoption experienced by the Ethereum-based stablecoin since it received regulatory approval from the New York State Department of Financial Services (NYDFS) in September.

Categories: ICO|Regulation|Blockchain
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Coinfloor Obtains DLT Provider License in Gibraltar

bitcoin.com | 10-16-2018

Coinfloor, the oldest operational cryptocurrency exchange in the U.K., has become the first company to secure a distributed ledger technology (DLT) license in Gibraltar. Also Read: 19 Companies Licensed to Operate Crypto Exchanges in Philippine Economic Zone British Overseas Territory Recognizes First Offshore Crypto Entity The London-based crypto exchange, which is backed by Transferwise founder Taavet […]The post Coinfloor Obtains DLT Provider License in Gibraltar appeared first on Bitcoin News.

Categories: Exchange|BTC|Regulation|Blockchain|Technology
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Market Update Oct.16: Tether’s madness and the upcoming regulation

cryptopotato | 10-16-2018

After last week we reported the relative stability in the crypto market, the action was not overdue, and the volatility that characterizes the market has taken its toll. After a correction on Wall Street, there was also a drop in the currency market, and it appears that the correlation between these markets is positive, compared […]The post Market Update Oct.16: Tether’s madness and the upcoming regulation appeared first on CryptoPotato.

Categories: Market|Regulation
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The Week: Tether Panic, Fidelity and US Senate Showdown

cryptoglobe | 10-16-2018

The Tether sell off led to a price spike as traders bought bitcoin and other cryptocurrencies to exit the rapidly devaluing USDT. Several positive regulatory developments have occurred last week and most notably Fidelity will launch crypto custody and brokerage solutions for institutional investors. Nouriel Roubini aka 'Dr Doom' spoke at the US Senate hearing alongside Peter Van Valkenburgh, Director of Research at Coin Center.

Categories: USDT|Regulation|BTC|Trading
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CryptoCompare releases taxonomy report for cryptoassets

cryptonewsreview | 10-16-2018

CryptoCompare has released its Cryptoasset Taxonomy Report, which aims to help regulators and investors to differentiate between assets based on legal, economic and technological factors. The report is an independent classification of cryptoassets based on global data from CryptoCompare, and provides analysis of more than 200 assets based on 30 groupings including regulation, market cap […]The post CryptoCompare releases taxonomy report for cryptoassets appeared first on CryptoNewsReview.

Categories: Market|Regulation|Business
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Decred Is Turning Its Entire $21 Million Crypto Treasury Over to Investors

coindesk | 10-16-2018

Decred is handing control of its $21 million treasury and all aspects of the protocol, from consensus through staffing, over to token holders.

Categories: Regulation|Market|ICO|Blockchain|Business
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Kenyan Government to Use Blockchain to Distribute Affordable Housing

ccn | 10-16-2018

The Kenyan government plans to leverage blockchain technology for the distribution of new government-funded housing units, according to reports from local news outlet the Star. The Kenyan National Housing Fund will finance the initiative under the Finance Act 2018, and it plans to create an efficient allocation of the houses to those who need it … ContinuedThe post Kenyan Government to Use Blockchain to Distribute Affordable Housing appeared first on CCN

Categories: Blockchain|Regulation|Technology
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Looking Past ESMA, A Time to ‘Refocus on Growth’

financemagnates | 10-16-2018

As MT5 deployment is nearing full scale, Tom Higgins discusses the most pressing questions in the field of FX tech

Categories: Regulation|Technology
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Barclays Bank is putting its cryptocurrency project on hold

cryptonewsreview | 10-16-2018

The ongoing cryptocurrency bear market looks to have affected the plans of Barclays Bank… Yesterday, we reported the news that it’s going to take an estimated two years to bring cryptocurrency regulation to the UK – and that’s if the process started today. Now, a further less than positive sign for the UK crypto industry […]The post Barclays Bank is putting its cryptocurrency project on hold appeared first on CryptoNewsReview.

Categories: Fiat|Market|Regulation|Trading
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Donald Trump’s trade barriers set to hit cryptocurrency company hard

cryptonewsreview | 10-16-2018

Bitmain finds itself under pressure, as US tariffs begin to hit its business… The ongoing trade battle between China and the United States has seen tariffs imposed by US President Donald Trump, in what’s threatening to be a tit-for-tat game of each side charging the other more. Caught in the middle of the brinkmanship and […]The post Donald Trump’s trade barriers set to hit cryptocurrency company hard appeared first on CryptoNewsReview.

Categories: Asia|Regulation
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Bakkt Continues Talks with Crypto Regulators, Adds Key Executive to the Team

newsbtc | 10-16-2018

A veteran and early employee of Coinbase is switching teams, moving to the up-and-coming cryptocurrency exchange platform, Bakkt. Adam White will be joining Bakkt as the exchange’s Chief Operating Officer, helping the platform to develop as it prepares for its imminent launch. Many investors and analysts see Bakkt as being cryptocurrency industry’s next big platform...The post Bakkt Continues Talks with Crypto Regulators, Adds Key Executive to the Team appeared first on NewsBTC.

Categories: Exchange|Regulation|Business
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Former CFTC Chairman Gary Gensler: ICOs Should be Considered Securities

cointelegraph | 10-16-2018

Former CFTC chairman Gary Gensler stated that coins sold in ICOs should be considered securities

Categories: ICO|Regulation|Blockchain
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Cryptocurrencies Are Not Legal Tender in Zambia – Says Country’s Central Bank

livebitcoinnews | 10-16-2018

The central bank of Zambia has advised the citizens that cryptocurrencies are not legal tender and that they should exercise caution trading them. Notice Issued by Zambian Central Bank Bank of Zambia (BoZ), the African nation’s central bank, in a press release has advised its citizens that cryptocurrencies are not recognized by it as legal...The post Cryptocurrencies Are Not Legal Tender in Zambia – Says Country’s Central Bank appeared first on Live Bitcoin News.

Categories: Fiat|Regulation|BTC|Trading
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Hong Kong to Propose Regulation for Cryptocurrency Trading

newsbtc | 10-15-2018

Hong Kong’s financial watchdog is looking to tighten investor protection by regulating cryptocurrency trading platforms. The Securities and Futures Commission (SFC), however, is limited by its legal regulatory reach of securities only, according to Carlson Tong Ka-shing, the outgoing chairman. Outgoing SFC Chairman Says Ban on Cryptocurrency Trading “Will Not Work in Today’s Internet World” In...The post Hong Kong to Propose Regulation for Cryptocurrency Trading appeared first on NewsBTC.

Categories: Regulation|Trading|Asia|Business
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Bakkt CEO: We’re About To See A Cryptocurrency Revolution

bitcoinist | 10-15-2018

The CEO of Intercontinental Exchange’s (ICE) forthcoming cryptocurrency trading platform Bakkt has said she wants to deliver a “revolution” in the sector in a similar way to energy trading fifteen years ago. Crypto ‘Revolution’ Matches Early 2000s Energy Market Speaking to Fortune following news Bakkt had hired former Coinbase vice president Adam White as COO, Kelly Loeffler forecast a repeat performance of ICE’s market-making moves last decade. Bakkt,  set for launch next month, has generatedRead MoreThe post Bakkt CEO: We’re About To See A Cryptocurrency Revolution appeared first on Bitcoinist.com.

Categories: Trading|BTC|Market|Regulation
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Coinfloor Becomes First Exchange Licensed Under Groundbreaking Gibraltar Legislation

newsbtc | 10-15-2018

The U.K.’s oldest cryptocurrency exchange has become the first company to be licensed by Gibraltar’s progressive blockchain legislation. The rules are a first for Europe and highlight the British Overseas Territory’s commitment to exploring technological innovations. Gibraltar Focusing on “Quality Not Quantity,” Coinfloor Proves Itself Worthy According to a report in the Financial Times, Coinfloor...The post Coinfloor Becomes First Exchange Licensed Under Groundbreaking Gibraltar Legislation appeared first on NewsBTC.

Categories: Exchange|Regulation|Blockchain|BTC|Altcoin
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Zambia Launches Crackdown on Crypto Companies

bitcoin.com | 10-15-2018

The Bank of Zambia has started to clamp down on cryptocurrency-related businesses, mere days after declaring that it does not view digital coins such as BTC as legal tender. The crackdown began on Oct. 14, when the central bank announced an investigation into Heritagecoin Resources Ltd. for allegedly laundering money, according to local media reports. […]The post Zambia Launches Crackdown on Crypto Companies appeared first on Bitcoin News.

Categories: BTC|Fiat|Regulation|Trading
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Sit Down, Skeptics. Ropsten Testnet Consensus Issue Solved.

ethnews.com | 10-15-2018

No need to panic, folks. Turns out core devs are pretty good at their jobs. Here’s your chill pill. On the other hand, a tweet by President Donald Trump was included in the block that broke Ropsten. Coincidence?

Categories: Regulation|Technology
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Fidelity Unveils New Institutional-Grade Cryptocurrency Investment Service

bitcoinmagazine | 10-15-2018

Fidelity Investments has launched a new business to allow its institutional clients to trade in digital currencies such as bitcoin, a press release reveals. Known as Fidelity Digital Asset Services, LLC, the company will purchase and sell cryptocurrencies for family offices, hedge funds and other monetary ventures.All coins will be sourced from large, over-the-counter digital exchanges and housed using cold storage to ensure customer funds always remain safe. To start, Fidelity’s services will be limited to bitcoin and ether, though representatives say they’re looking to expand their offerings in 2019. “Our goal is to make digitally native assets, such as bitcoin, much more accessible to investors,” chairman and chief executive of Fidelity, Abigail Johnson, said in a statement. Volatility in crypto prices, along with the lack of custody and other banking services witnessed in the digital currency space, is a point of concern for institutional investors, one that has prevented many of them from feeling comfortable enough to take part in the cryptocurrency space. Fidelity is hoping to change all that by allowing trades and sales in a more traditional, regulated environment and boosting the market maturity of both bitcoin and ether. Fidelity Digital Assets already has 100 employees on its roster, and it will be headed by Tom Jessop, managing director at Goldman Sachs Group Inc. and former president of the ...

Categories: BTC|Market|Business|Regulation
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Former Economic Advisor to Donald Trump Joins Blockchain Start-up

blokt | 10-15-2018

Spring Labs, a United States based blockchain start-up, announced on Oct. 12 that Gary Cohn, former economic advisor to President Donald Trump, has agreed to join the company’s board as an advisor. This is Cohn’s first career move after he resigned from his post at the White House earlier this April. Cohn’s decision doesn’t come […]Former Economic Advisor to Donald Trump Joins Blockchain Start-up was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: Blockchain|BTC|Regulation
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PR: Roger Ver Joins Azbit Crypto Exchange Advisory Board

bitcoin.com | 10-15-2018

We are elated to announce that Roger Ver, CEO of Bitcoin.com and Mate Tokay, COO of Bitcoin.com joined Azbit as our Advisors!Apparently the subject on everyone's mind today is “Roger Ver is planning to open his own cryptocurrency exchange”. The global crypto community of course took his statement seriously since “Bitcoin Jesus” has a good eye for the major upcoming industry trends.The post PR: Roger Ver Joins Azbit Crypto Exchange Advisory Board appeared first on Bitcoin News.

Categories: Exchange|ICO|BTC|Regulation|Sponsored
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Bitfinex Premium on Bitcoin Hit $1,000 Today, Can It Affect the SEC’s Decision?

newsbtc | 10-15-2018

Bitfinex’s $1,000 premium on Bitcoin, which sent its price shooting upwards of $7,500, and Tether’s 6% drop on Monday, has created a lot of commotion in the crypto-sphere. The currency’s wild price swing, which was observed only on Tether-enabled cryptocurrency exchanges, has left cryptocurrency supporters speculating about the implications of this non-uniform price movement. The...The post Bitfinex Premium on Bitcoin Hit $1,000 Today, Can It Affect the SEC’s Decision? appeared first on NewsBTC.

Categories: BTC|Exchange|Trading|Regulation
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IMF, World Bank Set Framework Around Fintech Advances

bitcoinmagazine | 10-15-2018

The International Monetary Fund (IMF) and the World Bank have weighed in on sovereign considerations and global implications of blockchain and other financial services technologies.The Bali Fintech Agenda, released at the conclusion of their annual meeting, distills the issues and concerns around disruptive technologies like distributed ledgers and smart contracts. The 12-point agenda intends to provide guidance to countries in their assessments of policy options around specific circumstances and priorities. “Countries are demanding deeper access to financial markets,” World Bank Group President Jim Yong Kim said in statement on the agenda framework. “The Bali Fintech Agenda provides a framework to support the Sustainable Development Goals, particularly in low-income countries where access to financial services is low.” IMF Managing Director Christine Lagarde echoed the sentiment. Pointing to the estimated 1.7 billion adults around the world without access to the financial services sector, she said, “Fintech can have a major social and economic impact for them and across the membership in general. All countries are trying to reap these benefits, while also mitigating the risks.”As outlined in an IMF press release, the focus of the 189 member countries must include the following goals:Embrace the Promise of Fintech Especially for low-income countries, small states and the underserved, fintech can hasten ...

Categories: Fiat|BTC|Regulation|Blockchain
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Is Using Tor Illegal in the United States?

themerkle | 10-15-2018

There have been numerous concerns regarding Tor and the usage of this particular “anonymity” solution. Many people are afraid using this software could lead to legal trouble, even though there is nothing to worry about when living in the United States. That doesn’t mean one should use Tor thoughtlessly either, as there are still some […]The post Is Using Tor Illegal in the United States? appeared first on NullTX.

Categories: Regulation|Technology
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Hong Kong Authorities Work with BitMEX to Develop Regulations

livebitcoinnews | 10-15-2018

The Hong Kong Securities and Futures Commission (SFC) will be working with BitMEX to create clearer regulations for crypto exchanges in the country. While becoming increasingly common, cryptocurrency regulations can be tricky. How far can authorities actually push the process? Tokens that are deemed as securities can be regulated by certain authorities like the SEC but...The post Hong Kong Authorities Work with BitMEX to Develop Regulations appeared first on Live Bitcoin News.

Categories: Asia|BTC|ICO|Regulation
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0x Project Sixth Asset to List on Coinbase Pro

blokt | 10-15-2018

0x Project is only the sixth asset ever to list on Coinbase Pro, formerly GDAX. There was a lot of speculation during last week that the listing was going to occur after the 0x Project appeared on the Coinbase tax calculator tool. The announcement was made official on Thursday October 11. ZRX is launching on […]0x Project Sixth Asset to List on Coinbase Pro was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: BTC|Regulation|Blockchain
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US City Mulls Roll Out of Tougher Rules for Crypto Miners

coindesk | 10-15-2018

Plattsburgh, New York, is considering stricter requirement for commercial cryptocurrency mining farms operating in the city.

Categories: Mining|Regulation
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Fincen Claims Iran Using Crypto to Evade Sanctions

bitcoin.com | 10-15-2018

The Financial Crimes Enforcement Network has warned U.S financial institutions that the Iranian government might be dodging economic sanctions by using cryptocurrencies. The document highlights challenges arising from peer-to-peer virtual currency exchanges and encourages banks to monitor blockchain ledgers for transactions tied to the country. Also Read: Church Mining Cryptocurrency to Pay Higher Electricity Rates Iranian […]The post Fincen Claims Iran Using Crypto to Evade Sanctions appeared first on Bitcoin News.

Categories: BTC|Mining|Regulation|Blockchain
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Korean Government to declare its stance on ICO in November.

coinnounce | 10-15-2018

Published on CoinnounceThe South Korean government is relied upon to report its situation on initial coin offerings in November, as per a high-positioning official. The choice will pursue the result of the survey which the nation’s Financial Supervisory Service as of late conveyed to domestic blockchain companies.   ICO Stance Announcement Expected in November Korean Government Anticipated […]The post Korean Government to declare its stance on ICO in November. appeared first on Coinnounce.

Categories: ICO|Blockchain|BTC|Asia|Regulation
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Total Ban on Crypto Exchanges Unnecessary: Hong Kong Regulator

ccn | 10-15-2018

The outgoing chairman of Hong Kong’s securities regulator has – unlike China – ruled out a total ban on domestic cryptocurrency exchanges, suggesting formal regulations instead. Hong Kong’s Securities and Futures Commission (SFC) is drawing plans in reaction to the growing appetite for cryptocurrencies like bitcoin among retail investors and traders – by regulating theThe post Total Ban on Crypto Exchanges Unnecessary: Hong Kong Regulator appeared first on CCN

Categories: Asia|BTC|Regulation|Business
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Premier Educational Institutions Invest in Crypto, Including MIT, Stanford, and Harvard

blokt | 10-15-2018

The Senate Banking Committee has been hearing testimonies from various stakeholders in the cryptocurrency industry and their opposers. Legislators are yet to decide if cryptocurrency, and thus the technology behind it, is the most significant technological innovations of this generation or the “mother of all scams,” as notable economist Nouriel Roubini calls it. However, away […]Premier Educational Institutions Invest in Crypto, Including MIT, Stanford, and Harvard was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

Categories: BTC|Regulation|Blockchain|Technology
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Hong Kong’s Security Watchdog to Propose Crypto Regulation, Chairman Says

cointelegraph | 10-15-2018

The chairman of Hong Kong’s securities watchdog — who is about to retire — announces possible regulation for crypto exchanges

Categories: Asia|Regulation
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Gibraltar MoC: Regulation Will Ensure Blockchain Firms’ Sustainability

financemagnates | 10-15-2018

We spoke to Alberto Isola about Brexit, cryptocurrencies and his efforts at turning Gibraltar into a blockchain hub

Categories: Blockchain|Regulation
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Blockchain Refresh: Why KPMG's New Strategy Focuses on Customs

coindesk | 10-15-2018

Big Four consultancy KPMG is expanding its blockchain activities beyond pure financial services work to explore a less-traveled path.

Categories: Blockchain|Regulation
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North Dakota Regulator Issues Cease and Desists Against 3 ICOs

ccn | 10-15-2018

The North Dakota Securities Department last week issued cease-and-desist orders against three companies promoting initial coin offering (ICO) in the state. Karen Tyler, the Securities Commissioner, named Crystal Token, Advertiza Holdings (Pty) Ltd., and Life Cross Coin aka LifecrosscoinGmbH, as the latest offenders involved in illegal business practices related to cryptocurrencies. Investigations found that the accusedThe post North Dakota Regulator Issues Cease and Desists Against 3 ICOs appeared first on CCN

Categories: ICO|Regulation|Business
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Bitcoin Exchanges Shutdown in India Due to Regulations, Pivot to ATMs

newsbtc | 10-15-2018

To improve crypto-to-fiat liquidity in India amidst an ongoing banking ban, Indian exchanges are finding methods that could function inside the grey areas of law. Unocoin in its latest announcement revealed its plan to launch a network of Bitcoin ATMs across India. The Bengaluru-based crypto exchange, which has been in the field since 2013 and currently boasts...The post Bitcoin Exchanges Shutdown in India Due to Regulations, Pivot to ATMs appeared first on NewsBTC.

Categories: BTC|Exchange|Regulation
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Prime Suspect in Bitcoin Scam Arrested in Thailand

livebitcoinnews | 10-15-2018

Prinya Jaravijit, the main suspect in a $34 million Bitcoin scam, was arrested in Thailand after returning to the country. Justice does not always move in a swift manner. This is cause for considerable angst for many people, especially those who have been victimized. However, law enforcement, while perhaps moving slowly, is usually relentless. After...The post Prime Suspect in Bitcoin Scam Arrested in Thailand appeared first on Live Bitcoin News.

Categories: BTC|Regulation
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Democratic frontrunner for US President nomination takes aim at cryptocurrency

cryptonewsreview | 10-15-2018

US Senators have hardly been giving cryptocurrencies a ringing endorsement… Amongst those expected to seek the Democratic nomination to try and defeat Donald Trump at the 2020 US Presidential election is Senator Elizabeth Warren. She’s one of the highest profile Democrats, and is widely expected to throw her hat into the ring over the next […]The post Democratic frontrunner for US President nomination takes aim at cryptocurrency appeared first on CryptoNewsReview.

Categories: Regulation
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“I just want the stage”, says John McAfee of his US President bid

cryptonewsreview | 10-15-2018

John McAfee pledges a US presidential campaign about telling the truth… As runners and riders jostle for position ahead of the 2020 US Presidential race, controversial cryptocurrency advocate John McAfee is one of the few to actively declare that he’s intending to run. And to our knowledge, he’s the only one who’s declared he’s going […]The post “I just want the stage”, says John McAfee of his US President bid appeared first on CryptoNewsReview.

Categories: Regulation
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Cryptocurrency regulations in the UK could take at least two years to introduce

cryptonewsreview | 10-15-2018

The road to regulating crypto in the UK is a long one… Last month, the UK government looked to be edging towards being the latest legislature to look towards specifically regulating cryptocurrencies and crypto assets. It came as part of a House of Commons Treasury report, by the name of ‘Motion for a resolution on […]The post Cryptocurrency regulations in the UK could take at least two years to introduce appeared first on CryptoNewsReview.

Categories: Regulation
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Korean Government Expected to Announce ICO Stance in November, Official Says

bitcoin.com | 10-15-2018

The South Korean government is expected to announce its position on initial coin offerings in November, according to a high-ranking official. The decision will follow the outcome of the survey which the country’s Financial Supervisory Service recently sent out to domestic blockchain companies. Also read: RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision […]The post Korean Government Expected to Announce ICO Stance in November, Official Says appeared first on Bitcoin News.

Categories: BTC|ICO|Blockchain|Asia|Regulation
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UK: Cryptocurrency Regulations May Take 2 Years for Lawmakers to Draft

ccn | 10-14-2018

Cryptocurrency regulations in the UK could take up to 24 months to be introduced according to a legal expert at a UK based law firm. James Kaufmann, Legal Director at Reynolds Porter Chamberlain (RPC) UK, while commenting on the subject in a statement published by his company, said it could take two years to introduce suchThe post UK: Cryptocurrency Regulations May Take 2 Years for Lawmakers to Draft appeared first on CCN

Categories: Regulation
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Bank of Zambia Warns Cryptocurrencies Are “Not Legal Tender” in the Country

cryptoglobe | 10-14-2018

The Bank of Zambia has issued a statement reminding citizens that cryptocurrency is not legal tender in Zambia, and advising caution when investing.

Categories: Regulation|Fiat
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Bitmain Adds 5 New Billionaires to China’s Wealthiest List

bitcoinist | 10-14-2018

China’s latest rich list for 2018 sees five billionaires joining China’s wealthiest for the first time thanks to Bitmain’s market lead on cryptocurrency mining. The Hurun Research Institute 2018 Hurun Rich List now includes Bitmain’s founders, CEO and Vice President. The five have a combined wealth equalling nearly $9 billion USD. Bitmain Billionaires Though Jihan Wu is the name most associated with Bitcoin, co-founder Ketuan Zhan is the largest shareholder of Bitmain. Wu owns 20.25Read MoreThe post Bitmain Adds 5 New Billionaires to China’s Wealthiest List appeared first on Bitcoinist.com.

Categories: Mining|BTC|Market|Asia|Regulation
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Budding NBA Star is a Bitcoiner, Says His Shoe Brand Will Accept Crypto

ccn | 10-14-2018

Spencer Dinwiddie is not “rich” by professional athlete standards. Currently, he makes around $1 million a year before taxes from his NBA contract. The 38th overall pick in the 2014 NBA draft at the age of 21, Dinwiddie has already played on three professional teams. Currently, he plays for the Brooklyn Nets and has aThe post Budding NBA Star is a Bitcoiner, Says His Shoe Brand Will Accept Crypto appeared first on CCN

Categories: BTC|Regulation
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IMF: Rapid Growth of Bitcoin and Crypto Will Impact Global Financial System

ccn | 10-14-2018

The International Monetary Fund (IMF) has stated in a recently released report that the rapid growth of Bitcoin and crypto could impact the international finance system. The report entitled “World Economic Outlook: Challenges to Steady Growth” published by the IMF read: “Cybersecurity breaches and cyberattacks on critical financial infrastructure represent an additional source of riskThe post IMF: Rapid Growth of Bitcoin and Crypto Will Impact Global Financial System appeared first on CCN

Categories: BTC|Regulation
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SEC Freezes Platform’s ‘Approved’ ICO and Charges Founder with Fraud

livebitcoinnews | 10-14-2018

A platform falsely claiming to have SEC approval has been charged by the commission who, in turn, plans to halt its upcoming ICO and bar its founder from offering securities in the future. The world of ICOs is a busy one, and if you’re in the U.S., it also involves the Securities and Exchange Commission...The post SEC Freezes Platform’s ‘Approved’ ICO and Charges Founder with Fraud appeared first on Live Bitcoin News.

Categories: ICO|Regulation|BTC|Exchange