#Regulation

June 26, 2018 by Pratik Makadiya at Bitcoin, Business, Finance, News, Regulation

Zebpay, a popular Indian cryptocurrency exchange, divulged that support for rupee withdrawals may cease, due to a directive issued by the Reserve Bank of India that prohibits banks from facilitating crypto business. RBI Directive Challenged by Indian Crypto Industry In its latest announcement, Zebpay stated that the Indian crypto...

Swiss Bank Bearish on National Digital Currency

June 26, 2018 by Kieran Smith at Altcoins, Bitcoin, Blockchain, Business, News, Regulation, Tech

Speaking at the 2018 Crypto Valley Blockchain conference in Zug, Switzerland, on June 23, 2018, Thomas Moser voiced his doubts about the creation of an ‘e-franc’ Swiss bank crypto. Swiss Official Reveals Cryptocurrency Concerns Moser, a member of the Swiss National Bank's board of governance, said that the initial interest...

BTCManager’s Week in Review – Bitcoin Plummets Below $6,000 Mark as Bithumb Gets Hacked and Mt.Gox Creditors Reimbursement to be in BTC/BCH

June 25, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Crime, Ethereum, Finance, News, Regulation, Tech

For the first time since the start of the year, the price of bitcoin dipped below $6,000 per coin, which marks a 10 percent decline versus the previous week and an over 50 percent drop year-to-date. The continuance of the bitcoin price decline was driven by the hack of Korean...

Israeli Cybersecurity Experts Predict More Attacks on Crypto-Related Businesses in 2018

June 25, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Blockchain, Commentary, Crime, News, Regulation

At a time when the cryptocurrency sector is nearly saturated with heists, hacks, and more 'cryptocrimes,' Israeli cybersecurity experts say more turbulence await crypto investors this year, as blockchain-based digital currency attacks will surpass other types of cyberattacks in 2018. Blockchain Suffering Reputational Damage Present at the Tel Aviv University...

U.S. Supreme Court Mentions Bitcoin as Potential Medium of Exchange

June 25, 2018 by Cindy Huynh at Altcoins, Bitcoin, Blockchain, Finance, News, Regulation

The US Supreme Court has referenced Bitcoin and cryptocurrencies in a case. While the case wasn’t focused on cryptocurrency regulations, it marks a crucial moment in cryptocurrency history. The Supreme Court had openly considered cryptocurrencies a potential medium of exchange in the future. Court Mentions Cryptocurrencies In Wisconsin Central Ltd....

Investors Should Sleep with One Eye Open as a Reckoning is Coming for ICOs.

June 23, 2018 by Crypto Advocate at Altcoins, Bitcoin, Blockchain, Commentary, News, Regulation, Tech

Initial coin offerings (ICOs) have been a useful tool as they have led to an explosion of start-up companies all around the world as these companies can raise billions of dollars through this fundraising method. However, according to the president and CEO of BATS Global Markets (Cboe), Chris Concannon, the...

Irish Banks Withdraw Banking Services of Legal Cryptocurrency Businesses

June 23, 2018 by contributor at Altcoins, Bitcoin, Blockchain, Business, Finance, News, Regulation

Irish cryptocurrency firms have been forced to cease trading activities or open foreign bank accounts after banks refused to provide their services to the digital asset sector. Irish Firms Face the Heat A report on The Irish Times on June 21, 2018, confirmed the claims of cryptocurrency businesses and listed...

Bitcoin.de and Fidor Celebrate 5 Year Anniversary at Berlin’s Tech Open Air Festival 2018

June 23, 2018 by Liam J Kelly at Altcoins, Bitcoin, Commentary, Interviews, News, Regulation, Tech

On June 19, 2018, bitcoin.de and Fidor bank celebrated the five year anniversary of the two firms’ crypto partnership. The event was just one of many during Berlin’s annual Tech Open Air (TOA) festival which opened on June 19 and finished on June 22, 2018. The series of exhibits plays...

Indian Government set to Launch National Blockchain Project

June 23, 2018 by Kieran Smith at Blockchain, Business, News, Regulation, Tech

Nine months after inception, the Indian government is set to launch a blockchain project to be known as IndiaChain. India’s Blockchain Push This will operate as a platform primarily aimed at reducing fraud, speeding up the enforcement of contracts, increasing the transparency of transactions, and boosting the agricultural economy of...

“Bitcoin Baron” Faces Jail-Time after Launching DDoS Attack on Government Websites

June 22, 2018 by contributor at Altcoins, Bitcoin, Crime, News, Regulation

Self-styled hacktivist “Bitcoin Baron” was sentenced to prison on June 19, 2018, for launching a distributed denial-of-service attack against Madison’s administrative networks. “Bitcoin Baron” Faces the Heat The U.S. Department of Justice (DoJ), released a public report on the matter and confirmed the attack caused a city-wide outrage in Madison,...

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