Bitcoin Mining Costs More Electricity Than Houses, But it’s a Non-Issue
Bitcoin and cryptocurrency mining centers are consuming a lot of energy, but is not an issue. #ANALYSIS Go to Source Powered by WPeMatico
Cryptocurrencies
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UK: Coinbase, CEX.IO & Other Major Crypto Firms Create First Self-Regulating Trade Body
Seven major cryptocurrency companies, including Coinbase and CEX.IO, launch the industry’s first self-regulating trade body for the UK. #NEWS Go to Source Powered by WPeMatico
Bank for International Settlements Demands More Global Cryptocurrency Regulation
The increase in the popularity of all cryptocurrencies has not gone by unnoticed. In fact, we’ve seen a lot more opposition from banks and governments in this regard, and it seems this “crackdown” will not relent anytime soon. Most recently, the Bank for International Settlements stated that it wants authorities to prepare additional regulations to … Read more
South Korea Considers Adopting Crypto Exchange Licensing System Like NY’s BitLicense
South Korea considers introducing a licensing system for crypto exchanges based on NY’s BitLicense. #NEWS Go to Source Powered by WPeMatico
Dubai Issues License to Cryptocurrency Firm
The largest free economic zone in the UAE, with zero percent personal and corporate income tax, has started issuing licenses to firms trading cryptocurrencies. The first license has been issued to a gold trader that has recently started offering cryptocurrency services. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License Attracting Crypto Businesses … Read more
News Site Salon Gives Users ‘Choice’ To See Ads Or Mine Crypto To Support Company
Seeing ads vs. mining crypto? News site salon now gives visitors the option of disabling ad blockers or letting Salon use their excess computing power for “solving calculations”, aka mining crypto, to support the company #NEWS Go to Source Powered by WPeMatico
Major Crypto Exchange Kraken CEO Tells Traders To Do Own Research, Not Rely On Exchanges
Kraken exchange CEO: investors should “look out for themselves” and not rely on exchanges to protect them #NEWS Go to Source Powered by WPeMatico
Thailand: Central Bank Asks All Banks To Avoid Crypto, Pending Regulations
Thailand not banning crypto, but the central bank has banned all banks in the country from crypto trading, investing, and advising until regulations are in place #NEWS Go to Source Powered by WPeMatico
Russia Drafts Bill to Accredit ICO Issuers – Public Comments Wanted
The Russian government is drafting a bill to introduce the accreditation of initial coin offering issuers. Accredited organizations must comply with a set of rules, including having 100 million rubles capital, and are subject to inspections every three years. The regulators are currently accepting public comments on the proposal. Also read: Japan’s DMM Bitcoin Exchange Opens … Read more
Russia: Ministry of Communications Requires ICO Issuers To Have $1.7 Mln Nominal Capital
Russia’s Ministry of Communications will require ICO issuers to obtain at least $1.7 mln to start an ICO. #NEWS Go to Source Powered by WPeMatico
