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The Bermuda Monetary Authority has issued a consultation paper on draft regulations pertaining to “virtual currency businesses” and initial coin offerings (ICOs). The proposed bill seeks to create a framework that encourages and fosters the development of Bermuda’s nascent cryptocurrency industry. Also Read: 16 Government-Approved Crypto Exchanges Have Formed Self-Regulatory Group in Japan Bermuda Reveals Regulatory … Read more
A 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 … Read more
Japan’s largest cryptocurrency exchange Bitflyer has contested media reports that the Japanese financial regulator has deemed its user verification process to be insufficient. Nonetheless, the exchange admitted to being in talks with the authority and has implemented additional measures. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Reports of Financial Regulator’s Concerns The largest … Read more
The mayor-president of the Louisiana city of Lafayette, Joel Robideaux, has proposed an ambitious plan that would see the city develop a government-issued cryptocurrency. Mr. Robideaux suggested the launching the cryptocurrency through an initial coin offering (ICO). Also Read: Spring Sees Bitcoin Cash Adoption Rise Lafayette Mayor Advocates Government-Issued Cryptocurrency The government of a city in … Read more
Indian exchange Coinsecure has announced its plan to repay customers for stolen bitcoins as well as a 10 percent bounty to anyone who helps recover them. The exchange claims it was an inside job, and suspects its chief security officer of playing a role in siphoning off the money. Also read: Japan’s DMM Bitcoin Exchange Opens for … Read more
Sowa Labs, a subsidiary of Boerse Stuttgart, Germany’s second-largest stock exchange, has announced a forthcoming cryptocurrency app. The new app, Bison, is expected to be made available in German during Autumn, with an English version expected soon after. Also Read: Russian Court Bans Telegram, Founder Pavel Durov Defiant Boerse Stuttgart Subsidiary Announces Forthcoming App Cryptocurrency Trading … Read more
The recent Facebook congressional hearings on the (mis)handling of customer data has impassioned many of its users. The hearings themselves made a few things clear, and the public response shined light on a growing trend in a blockchain world: people want greater control over their data. Congressional Facebook Testimony Underscores Need for Blockchain Technology The facts … Read more
The world of finance as we know it is changing, which could have some unexpected consequences. Now is a good time to evaluate whether young children need a piggy bank or a cryptocurrency wallet. It seems the latter option is growing more popular, although it is far from a mainstream trend. The Cryptocurrency Wallet for Children It … Read more
Depending on how one wants to look at things, the Bitcoin price bottom may have finally been established. Pantera Capital Management is convinced that things will improve from here on out, although it’s too early to say for sure. Even so, we’ve seen a nice Bitcoin price bounce on the charts, which is something a lot … Read more
Even though Facebook is taking an aggressive stance toward cryptocurrencies and ICOs, news feeds are still clogged up with related content. For users who want to get rid of most of the shilling on social media, the Social Fixer tool is certainly worth checking out. It doesn’t just apply to cryptocurrency content either, as users … Read more
