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Blockchain Nation Miami • April 25-26, 2018

Blockchain Nation Conference an event organized by Crypto World Journal provides a unique platform to learn about the latest trends,…

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Category: Regulation

Bitcoin’s Recent Rise Could Be Attributed to Rising Institutional Interest

Category: Altcoins, Bitcoin, Finance, News, Regulation, Tech

Bitcoin’s Recent Rise Could Be Attributed to Rising Institutional Interest

Last year bitcoin, the most well-known and expensive of the cryptographic coins, touched $20,000. After that, however, it’s journey has taken a slight downturn. The fluctuating price of the pioneer cryptocurrency has been the talk of the market for months now, but over the period of these last seven days, the valuation of leading crypto has edged closer to the…

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Former CTFC Chairman Says Ripple and Ethereum Might Get Classified as Securities

Category: Altcoins, Bitcoin, Blockchain, Commentary, Finance, News, Regulation

Former CTFC Chairman Says Ripple and Ethereum Might Get Classified as Securities

Gary Gensler, former CFTC chairperson and one of the top financial regulators in the Obama administration talked about the fast evolving realm of cryptocurrencies during his recent speech at the Massachusetts Institute of Technology on April 23, 2018. Ethics And Governance “I don’t think it’s any longer a question of ‘if,’ but it’s a question of ‘when.’’ ICOs and other…

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Self-regulation: Licensed Crypto Exchange Platforms in Japan Form Self-Regulatory Body

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Self-regulation: Licensed Crypto Exchange Platforms in Japan Form Self-Regulatory Body

The 16 licensed cryptocurrency exchange platforms in Japan have decided to come together to launch a self-regulatory body called the Japanese Cryptocurrency Exchange Association (JCEA). The decision of cooperation between exchanges comes after months of planning between representatives of the various platforms, trying to formulate an acceptable regulatory framework. According to a report on Asahi Shimbun, a local Japanese media…

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Indian Central Bank Challenged in High Court over “Unconstitutional” Crypto Regulation

Category: Altcoins, Bitcoin, Finance, News, Regulation

Indian Central Bank Challenged in High Court over “Unconstitutional” Crypto Regulation

The High Court of Delhi has sought a response from the Central Government of India over a statement issued by the Reserve Bank Of India on April 6, 2018. Amidst other restrictions, it barred banks and other financial institutions across the country from providing any banking services to companies involved in dealing with cryptocurrencies. The High Court also directed the…

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Chinese Authorities: We Have Successfully Shutdown all ICOs and Cryptocurrency Businesses in China

Category: Altcoins, Bitcoin, Blockchain, Ethereum, Finance, News, Regulation

Chinese Authorities: We Have Successfully Shutdown all ICOs and Cryptocurrency Businesses in China

China declared total war on its local virtual currency environment by placing a blanket ban on initial coin offerings (ICOs) and cryptocurrencies such as bitcoin and other altcoins, late 2017. Now, the Chinese authorities have declared total victory, stating that all relevant businesses have indeed been crushed. A Close Watch on Fundraisers According to Reuters, major financial regulatory bodies in…

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Russia Supreme Court: Embargo Placed on Bitcoin Website Must Be Reviewed

Category: Altcoins, Bitcoin, Blockchain, Finance, News, Regulation

Russia Supreme Court: Embargo Placed on Bitcoin Website Must Be Reviewed

Russia’s stance on bitcoin and cryptocurrencies, in general, remains very unclear. While the authoritarian nation has embraced the gospel of distributed ledger technology (DLT) wholeheartedly, the story is not the same for the monetary applications that rest on top of blockchain protocols. Bitcoin not Legal Tender It all began in 2016 when bitcoin became a forbidden fruit in Russia. As…

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Singapore and Hong Kong Emerging as the World’s Top Crypto-Friendly Cities

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Singapore and Hong Kong Emerging as the World’s Top Crypto-Friendly Cities

After China implemented a blanket ban on cryptocurrencies in 2017, Singapore and Hong Kong have emerged as the leading business-friendly destinations for East Asian crypto companies aiming to raise funds via Initial Coin Offerings (ICOs). Singapore Becoming a ‘Hub’ For Crypto Businesses Anson Zeall, chairman of Association of Cryptocurrency Enterprises and Startups in Singapore, informs that while it may be…

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Banks in Iran Barred From Dealing in Bitcoin And Other Cryptocurrencies

Category: Altcoins, Bitcoin, Finance, News, Regulation

Banks in Iran Barred From Dealing in Bitcoin And Other Cryptocurrencies

According to a report in the local media outlet, IRNA which was quoted by Reuters on Sunday, April 22, 2018, Iran has become the latest country to have its apex bank prohibit other banks from engaging in crypto transactions. The central banks of India, Nigeria, and Pakistan are among some of the others to have issued such a ruling. According…

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Investors Sue Another Crypto-Related Firm for ‘Disguising its ICO’

Category: Altcoins, Bitcoin, Blockchain, Business, Ethereum, Finance, News, Regulation

Investors Sue Another Crypto-Related Firm for ‘Disguising its ICO’

Xunlei, a China-based multinational firm has been dragged to Court by investors who feel they were deceived by the firm to invest in its ICO project in 2017. Initial Coin Offering or Puff of Smoke? The CEO of Xunlei, Chen Lei has strongly refuted accusations leveled against his firm claiming that they misled investors in a bid to organize a…

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Telegram Takes Flight In Paper Plane Protest; CEO Offers Bitcoin Bounties for Proxies

Category: Bitcoin, News, Regulation

Telegram Takes Flight In Paper Plane Protest; CEO Offers Bitcoin Bounties for Proxies

Russia banned the app after the company refused to hand over encryption keys to unscramble messages. In response, activists took to the streets with paper planes, launching the small colored origami models at the cold facade of the Kremlin. Flying Planes for Internet Freedom The performance lasted no longer than fifteen minutes, and some protestors, including Pussy Riot’s Maria Alyokhina,…

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