Malta Bitcoin Schizophrenia: Government and Banks Send Mixed Signals
Malta Financial Services Agency (MFSA) has issued its Discussion Paper on Initial Coin Offerings, Virtual Currencies and related Service Providers, “to present to the industry a proposed policy to be adopted by the MFSA for the regulation of the ICOs, [cryptocurrencies] and service providers involved in ICO and/or other VC activity.” It’s a welcome sign for […]
New $100 Million Cryptocurrency Hedge Fund to Use XRP
TechCrunch and CrunchFund founder Michael Arrington has announced he is going all in on cryptocurrency investments with a new hedge fund called Arrington XRP Capital. As the name suggests, the fund will be managed in Ripple’s XRP but it will invest in a wide variety of cryptocurrency assets and Initial Coin Offerings (ICOs) as well […]
This Week’s All-Time High Brings Massive Bitcoin Exchange Outages
November 29 was an exciting day if you were watching bitcoin prices swing back and forth with quite a bit of turbulence. The price of bitcoin touched an all-time high of $11,395 across global exchanges. Then, about an hour or so later, the price went down hard to a low of $9250 on some trading […]
China’s Financial Channel Reports Huobi Violates Spirit of PBOC’s Document
China’s Financial Channel (CCTV-2) aired a special bitcoin documentary this week to analyze reasons behind the recent price rally. The program invited Li Cangyu, financial columnist and Wan Zhe, chief economist at China National Gold Group Corp. as commentators who believe that Huobi has undoubtedly violated regulations on cryptocurrency services. Also Read: South Korea Outlines Proposed Legislation […]
‘Big Four’ Firm PwC’s Hong Kong Office Accepts Bitcoin
Another ‘Big Four’ firm joins the bitcoin revolution as the auditing corporation Pricewaterhousecooper’s (PwC) Hong Kong office accepted a payment in bitcoin according to the Wall Street Journal. The accountancy corporation follows the lead of the Deloitte and Ernst & Young (EY) offices that have already started accepting bitcoin for financial services. Also read: Bitwala: […]
PR: Spectiv VR Featured on Fox Business’ Innovations Aired to over 100mm Viewers: Pre-Ico Dec. 8th
Showcasing Advances in Virtual Reality
DMG Productions uncovers the latest technological breakthroughs in virtual reality.
Jupiter, FL — In an upcoming episode of Innovations w/Ed Begley Jr., the award-winning producers will explore the revolutionary world of virtual reality. This is slated to air first quarter 2018 on FOX Business. Check your local listings for more information.
Court Ruling Grants the IRS Personal Data of 14,000 Coinbase Users
America’s Internal Revenue Service has gone fishing. Its target? Every single Coinbase user who ever placed a $20,000 trade. The huge dragnet exercise, spanning 2013-2015 and incorporating over 14,000 users, was awarded by a court yesterday, November 29. This is despite the best efforts of America’s largest bitcoin broker, which has fought back against what […]
Trump’s Federal Reserve Nominee: Cryptos “Don’t Really Matter Today”
President Donald Trump’s nominee for Chair of the Federal Reserve, current Board Governor Jerome “Jay” Hayden Powell, participated in the constitutionally mandated US Senate confirmation process by way of a hearing on 28 November 2017. Bitcoin and “cryptocurrencies are something we monitor very carefully,” Mr. Powell answered in direct questioning about current and future Fed policy […]
Brazil & New Zealand Issue Statements, Cryptos are Assets or Securities in Canada
During November, several central banks addressed bitcoin and cryptocurrencies. New Zealand’s central bank has issued a statement seeking to educate citizens of the fundamentals underpinning cryptocurrencies, as well as the implications of such on monetary policy. The senior deputy governor of the Bank of Canada has stated that cryptocurrencies comprise assets or securities, rather than […]
PR: Bcshop.Io Implements Bancor Protocol to Provide Bcs Tokens with Decentralized Liquidity
BCShop.io is happy to announce that it will integrate the Bancor Protocol into its project to enable all users to convert BCS tokens directly on-chain. This means that no centralized exchanges need be involved, liquidity is available at any given time and very low fees are applied if at all.
