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Blockchain & Cryptocurrency Con 2018 • February 23-24, 2018

The blockchain technology is much more than Bitcoin and mining and trading cryptocurrencies. It can be leveraged in a wide…

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Tag: regulation

A Political Party in Spain set to Implement Flexible laws to Attract Blockchain Companies

Category: Blockchain, Business, News, Regulation

A Political Party in Spain set to Implement Flexible laws to Attract Blockchain Companies

While some countries are busy implementing harsh cryptocurrency and blockchain laws that make it hard for the crypto ecosystem to breath, top Spanish politicians are pushing for legislation that could lure blockchain-based firms to Spain. Blockchain is an Industry Driver People’s Party, which is the political party of the Spanish Prime Minister, Mariano Rajoy is looking to implement a law,…

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London Needs to Embrace Blockchain Post-Brexit to Stay Relevant Says Leading MEP

Category: Blockchain, Finance, News, Regulation

London Needs to Embrace Blockchain Post-Brexit to Stay Relevant Says Leading MEP

The UK’s imminent exit from the European Union (EU) has left some politicians with some uncertainty about London’s future as the leading financial center. Kay Swinburne, a Member of the European Parliament (MEP) for Wales, made her views known as she spoke to the Business Insider on February 13. She believes that UK needs to grasps the blockchain technology after…

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Divorcing Couple Fight over Bitcoin Fortune worth $830,000

Category: Bitcoin, Commentary, Finance, News, Regulation

Divorcing Couple Fight over Bitcoin Fortune worth $830,000

According to a news post by Business Insider, Royds Withy King, a UK law firm is handling three divorce cases where cryptocurrency dispute is part of the divorce proceedings. The post claims that spouses in each of the three cases are demanding for the full disclosure of cryptocurrency assets. To ensure the equitable sharing of these digital assets as part…

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New Opportunity? The Problem of Inheritance and Asset Transfer with Bitcoin and Cryptocurrency

Category: Bitcoin, Finance, News, Regulation, Tech

New Opportunity? The Problem of Inheritance and Asset Transfer with Bitcoin and Cryptocurrency

Say what you will about the mainstream centralized investment assets classes, the process of inheritance and asset transfer for them is a lot easier than the emerging cryptocurrency asset class. This fact is entirely not lost on Michael Moody, a retired Software Engineer, whose son Matthew Moody died in a plane crash five years ago. According to Moody, his son,…

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Bitcoin is a ‘Noxious Poison’ Says Berkshire Chief, Charles Munger

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

Bitcoin is a ‘Noxious Poison’ Says Berkshire Chief, Charles Munger

In an interactive session at the shareholders meeting of The Daily Journal on February 14, 2018, Charles Munger expressed some strong opinions about bitcoin. Fielding questions at the interactive session, Munger called bitcoin a “noxious poison.” He admitted that the technology behind bitcoin (blockchain technology) might have some merits, but he condemned the frenzy that surrounds the bitcoin investment market…

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Malaysian Central Bank: Cryptocurrency Belongs to the People, They Must Regulate it Themselves

Category: Altcoins, Bitcoin, News, Regulation

Malaysian Central Bank: Cryptocurrency Belongs to the People, They Must Regulate it Themselves

While some governments and central banks see cryptocurrency as a massive threat to their existence and therefore formulate ‘acidic’ laws that would cripple the growth of the crypto ecosystem, Bank Negara, Malaysia’s Central bank is taking a more democratic approach towards cryptocurrency regulation. Regulating Crypto is the People’s’ Duty Bank Negara, Malaysia’s central bank, is set to release a brief…

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Bitcoin Price Steadily Grows, Approaches $10,000

Category: Bitcoin, Commentary, Finance, News

Bitcoin Price Steadily Grows, Approaches $10,000

Once again the most controversial yet largest cryptocurrency by market cap, bitcoin, is on the rise as it crossed the $9,000 mark on February 14 and nears the $10,000 handle on February 15. According to our bitcoin price chart, it is the highest since February 1. The leading cryptocurrency is on a steady rise as the fear of strict actions…

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Bitcoin Investors Aren’t Reporting Their Gains To the IRS

Category: Bitcoin, Commentary, Finance, News, Regulation

Bitcoin Investors Aren’t Reporting Their Gains To the IRS

In spite of frequent corresponding warnings by the Internal Revenue Service (IRS) for cryptocurrency investors to pay their taxes on their gains. The IRS is worried that numerous U.S. citizens may not be precisely reporting the profits they have generated from their cryptocurrency transactions. Given the IRS are fully aware of the nature of profit and losses of bitcoin, therefore,…

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Colorado House Representative Calls for Greater Cryptocurrency Asset Clarity in Congress

Category: Bitcoin, Finance, News, Regulation

Colorado House Representative Calls for Greater Cryptocurrency Asset Clarity in Congress

The debate surrounding the regulation of cryptocurrency and its relationship with national governing bodies raged on this week. This time, the pro-bitcoiner corner landed a punch, when Colorado House Representative penned a letter – dated February 5, 2018 – urging the US House Committee on Ethics to put forth statutes that would require members of Congress and government to disclose…

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Ecuador Halts Download of Cryptocurrency Wallet for State-sponsored Coin  

Category: Blockchain, Finance, News, Tech

Ecuador Halts Download of Cryptocurrency Wallet for State-sponsored Coin  

Barbados was the first country to release their own digital currency with Ecuador soon following. Ecuador’s digital currency was unique as it was released by their central bank at the beginning of February 2018. Many other countries have pondered this idea and have not taken action to pilot the implementation of a cryptocurrency. Unfortunately, it took less than two weeks…

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