#Bitcoin

U.S. Federal Securities Laws Can Cover Cryptoassets Says American DOJ

September 12, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Crime, Finance, News, Regulation

In what has been tagged a first-of-its-kind ruling, a United States Judge has declared that the country’s federal securities legislation can be employed in prosecuting organizers of fraudulent cryptocurrency-linked investment schemes, reported Reuters on September 11, 2018. REcoin and Diamond ICO Organizers in the SEC Snare Per the report, United...

Bank of Korea Calls for Tight Surveillance to Tackle ‘Kimchi Premium’ in Crypto Markets

September 12, 2018 by Aisshwarya Tiwari at Altcoins, Bitcoin, Finance, Investment, News, Tech

The Bank of Korea officials have raised concerns regarding the possible resurfacing of ‘Kimchi Premium,’ a difference in cryptocurrency prices in the South Korean exchanges vis-à-vis foreign exchanges. Per a report by Yonhap News, on September 11, 2018, the BOK has tightened its strings around this price differential asking for...

ICO-Generated Tokens to Be Classified as Securities in the UAE

September 12, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Development, Investment, News, Platform, Tech

Financial regulators in the United Arab Emirates(UAE) are now looking to put the finishing touches to their initial coin offerings(ICOs), cryptocurrency exchanges and digital assets-related businesses regulatory framework, reported Finance Magnates on September 10, 2018. The UAE Ready to Entirely Regulate its Cryptospace The Securities and Commodities Authority(SCA) of the...

Cryptocurrencies May Not Be the Answer in Times of Economic Instability, Research Says

September 12, 2018 by Cindy Huynh at Altcoins, Bitcoin, Finance, Investment, News, Tech

The design and behavior of cryptocurrencies may make it an unsuitable replacement for fiat currencies, especially for people in economic and financial turmoil, noted fintech and blockchain research publication Diar on September 11, 2018. Significant Degradation in Purchasing Power Diar recently published data that explores a range of cryptocurrencies from Bitcoin, Ripple,...

Cryptocurrency Custody Services are Missing a key Ingredient: Inheritance Clauses

Cryptocurrency Custody Services May Be the Best way to Safe Keep Cryptocurrencies

September 12, 2018 by Cindy Huynh at Altcoins, Bitcoin, Business, Commentary, Exchange, Finance, News, Regulation

Invault, a Shanghai-based blockchain startup believes that the removal of any human oversight when it comes to holding cryptocurrencies is the best way to ensure that the assets are secure and safe. According to The South China Morning Post’s article released on September 11, 2018, many cryptocurrency exchanges are aware...

Luxury Automobile Dealership Bernie Moreno Announces it now Accepts Bitcoin

September 11, 2018 by Priyeshu Garg at Adoption, Altcoins, Bitcoin, News, Platform

Bernie Moreno Companies(BMC), one of the largest Auto dealership groups in America has announced in a press release on September 10, 2018, that it now allows customers to pay for new cars and servicing with bitcoin and other cryptocurrencies. Effective immediately, this announcement is emblematic of a massive change...

Bitcoin Drops to One-Month Low as Silk Road Wallet Cashes Out: BTCManager’s Week in Review

September 11, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Development, Exchange, Investment, Mining, News

The price of bitcoin dropped by 12 percent week-on-week after a Silk Road-related wallet holding 111,114.615 BTC and BCH, among other forks, - worth over one billion dollars - moved coins for the first time in four years, which many took as a sign that the wallet holder was about...

U.S.: Legislation Realizes Bitcoin Is Harder To “Ban” Than They Thought

Chinese Cryptocurrency Traders Circumventing Bitcoin Trading Ban via Tether and VPNs

September 11, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Finance, News, Regulation

While the Chinese regulatory watchdogs have not failed to renounce their support over digital assets trading and crypto businesses in the region, investors still engage in the “forbidden act” using virtual private networks (VPNs) and the Tether stablecoin, reported the South China Morning Post on September 8, 2018. Crypto Traders...

Seven Signs You May Be Addicted To Cryptocurrencies

September 11, 2018 by Alex Lielacher at Adoption, Bitcoin, Finance, News, Tech, wallet

You may have heard the news about the “crypto addiction clinic” that opened up in Scotland earlier this year. While the treatment of bitcoin trading addicts may sound like something out of Hollywood, the reality is that all forms of gambling, to which crypto trading can be categorized into some...

Canada Urges Caution as no Cryptocurrency Exchange Guarantees User Security

Accredited Investors now Able to Hold Bitcoin in Registered Accounts in Canada

September 10, 2018 by Priyeshu Garg at Bitcoin, Business, Finance, Investment, News

Canada's first and only regulated bitcoin fund has now achieved mutual fund trust status enabling high-net-worth investors to hold bitcoin investments in their registered accounts. The fund includes registered retirement savings plans and tax-free savings accounts, First Block Capital announced in a September 10, 2018, press release. Canada Could Become...

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