Markets Update: Altcoins Gain on BTC

Markets Update: Altcoins Gain Against BTC Amid ConsolidationThe recent bounce in the value of many leading cryptocurrencies relative to fiat currency has comprised the first bullish action in several months. Since bottoming out during the third quarter of 2018, many leading altcoins have made significant bullish moves against BTC. Also Read: BTC-e Operator Alexander Vinnik Terminates His Hunger Strike BTC and BCH […]

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U.S. Senators Push for Stronger Sanctions Against Venezuelan Petro

U.S. Senators Push for Stronger Sanctions Against Venezuelan PetroA bipartisan group of senators in the United States are seeking strong sanctions against Venezuela’s Petro. The proposed sanctions would extend an executive order from March to prohibit U.S. residents from providing software to the Venezuelan government in its efforts to launch the Petro. Also Read: Venezuela Demands Citizens Pay for Passports With Petro U.S. Lawmakers […]

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Google Security Expert Warns Against Bitcoin Bragging Online

Google Security Expert Warns Against Bitcoin Bragging OnlineMark Risher, Google’s director of product management, Google Identity, account security, and spam & abuse, recently urged cryptocurrency investors not to brag about their virtual currency holdings online. Also Read: Netherlands’ Largest Bank ING Group Fined $900M for Money Laundering Google Security Expert Cautions Traders Against Boasting Online In a recent interview with CNBC, Google security […]

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FINMA Launches Proceedings Against $100 Million ICO Envion AG

FINMA Launches Proceedings Against $100 Million ICO Envion AGSwitzerland’s financial regulator, the Swiss Financial Market Supervisory Authority (FINMA), has announced that it has launched proceedings against initial coin offering (ICO) issuer, Envion AG. Also Read: Bolivar ‘Anchored’ to the Petro to Be Issued in August, Maduro Says FINMA Launches Proceeding Against $100 Million ICO A press release published by the Swiss Financial Market Supervisory […]

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ICO Round-Up: Analysts Discuss Industry After Advertising Ban, Colorado Takes Action Against Offerings

ICO Round-Up: Analysts Discuss Industry After Advertising Ban, Colorado Takes Action Against OfferingsMike Finch, the co-founder of ICO Alert, has discussed the present state of the initial coin offering (ICO) industry. Mr. Finch shared his assessment that although the social media advertising ban has had a significant adverse effect upon the performance of promotional campaigns for ICOs, the number of new ICOs brought to market has significantly […]

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Chilean Crypto Exchanges Appeal Against Banking Embargo

Chilean Crypto Exchanges Appeal Against Banking EmbargoA number of Chilean cryptocurrency exchanges have sought to appeal the recent decision by several Chilean banks, including state-owned Banco del Estado de Chile, to suspend the accounts of cryptocurrency exchanges. Also Read:Alleged British Bitcoin Scammer Extradited to US for Defrauding Over $36 Million Chilean Crypto Exchanges to Receive Appeals Hearing It has been reported […]

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Chinese Entrepreneur Warns Against Mining and ICO Bans

Chinese Entrepreneur Warns Against Mining and ICO BansAngel investor and Founder of Chinese app Meitu, Cai Wensheng, has published criticisms of the central government’s expanding regulatory crackdown on cryptocurrencies via Wechat. Mr. Wensheng warns that heavy-handed regulatory policies may squander the opportunity for China to maintain a significant presence in the burgeoning global cryptocurrency sector, in addition to arguing that many of […]

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Europol and Interpol to Increase Measures Against BTC Laundering and Terrorism Financing

Europol and Interpol to Increase Measures Against BTC Laundering and Terrorism FinancingA two-day workshop involving over sixty financial investigators in Basel, Switzerland has seen Europol and Interpol agree upon a range of measures designed to ramp up efforts to combat the use of cryptocurrencies for money laundering and terrorist financing purposes. The event saw attendance from over 60 international financial investigators. Also Read: New Research: Laundering of […]

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