Russia Finalizes Federal Law on Cryptocurrency Regulation

The Russian government is in the process of finalizing the federal law for the regulation of cryptocurrencies and initial coin offerings. The draft law has now been officially published. It regulates the creation, issuance, storage, and circulation of cryptocurrencies. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Legal Crypto Definitions The … Read more

PR: Genie Financial Services ICO Adds Cryptocurrency Heavyweight David Drake and Other Experts to Its Advisory Board

Crowd Genie Financial Services Pte Ltd (“Crowd Genie”), an operator of a Peer-to-Peer (“P2P”) lending platform licensed by the Monetary Authority of Singapore (“MAS”), looking to build an Asia-wide exchange of financial assets through its related entity CGSPV Pte. Ltd., today announced the appointment of a new board of advisors ahead of its Initial Coin … Read more

Dr. Doom (Professor Nouriel Roubini) Calls Stablecoin Tether a Scam

It’s no longer just anonymous internet trolls calling out Tether on twitter. One of the most influential economists in the world today, Nouriel Roubini, has just entered the debate, coming down hard against the controversial company. Also Read: Analyst: IOTA Sharply Overvalued Due to “Overwhelming Evidence of Serious Flaws” Dr. Doom vs Tether Renowned economics … Read more

Bitconnect Faces Lawsuit for Operating “Wide-Reaching Ponzi Scheme”

Bitconnect is facing litigation from six individuals accusing the company of operating a Ponzi scheme in addition to numerous violations of securities laws. The six plaintiffs collectively invested approximately $771,000 USD into Bitconnect, and are seeking recourse following the sudden removal of the company’s lending platform that immediately led to a more than 90% loss … Read more

Bitcoin 2018 Price Projection Using Monte Carlo Random Walks: ~50,000 USD

Using the Monte Carlo statistical projection method, combined with what are known as random walks, Xoel López Barata developed some pretty fun bitcoin price scenarios for the end of this year. His projections are compelling because he follows data, revealing the difficulty being able to accurately prophesize much about the world’s most popular cryptocurrency’s path. … Read more

FX Platform Integral Now Covers Bitcoin, BCH and a Dozen More Cryptocurrencies

As more FX traders are demanding access to the hottest market these days, all banks and brokers will have to respond sooner rather than later to keep their clients. Institutional technology providers are seeing this unfold and are starting to lay the groundwork for a new financial order. Also Read: Oil Company Wants to Sell Bitcoin … Read more

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