Cryptocurrencies

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Bitcoin in Brief Friday: World Satoshi Summit Canceled, Pump and Dump Scheme Exposed

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In today’s Bitcoin in Brief we’re covering disappointing news for the crypto community: the World Satoshi Summit in Delhi has been canceled because of “regulatory issues” according to its organizers. Also, an alleged crypto pump and dump scheme has been exposed. There is more than one opinion on the case, as you’ll see below. Also … Read more

Investors from 28 Countries Own Land in Norway’s “Private City” Liberstad

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More than 100 people have bought land plots in the “private city” of Liberstad, Southern Norway. Its founders accept 27 cryptocurrencies. Deals have been sealed already with future residents from Brazil, Sweden and the UK, among other countries. They should be able to move in within two years. Also read: Bitcoin Payments Are on the … Read more

St. Louis Fed Rejects Notion of Central Bank-Issued Cryptocurrencies

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The St. Louis Federal Reserve has published an essay critically evaluating the notion of cryptocurrencies that are issued by central banks. The article is highly dismissive in presenting what it describes as “the non-case for central bank cryptocurrencies,” concluding that “a central bank will not issue cryptocurrencies in the sense of a truly decentralized and … Read more

New Party in Ukraine to Fund Itself Only with Cryptos

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A newly formed party in Ukraine has vowed to rely only on cryptocurrency contributions to sustain its activity and never to accept money from the oligarchs. Weakening state control over economy and expanding civil liberties are among its main political priorities. The party wants to protect the interests of people and companies from the IT … Read more

Controversy Looms Over Bithumb Coins

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South Korean cryptocurrency exchange Bithumb is reportedly re-evaluating its strategy to launch its own coins through a corporation in Singapore, following news of fraud that could have serious side effects to both companies. Under the current laws, Bithumb coins will still be subject to Korean regulation whether launched abroad or not. Also read: Yahoo! Japan Confirms … Read more

Malta’s Cabinet Approves Cryptocurrency Bill

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The Cabinet of Malta has approved three bills related to cryptocurrency and blockchain technology. One bill in particular, the Virtual Financial Assets Bill, provides a regulatory framework for cryptocurrencies and initial coin offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Bill Approved by Cabinet The Cabinet of Malta approved three bills on … Read more