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This week the Japanese cryptocurrency exchange and payment processor, Bitflyer, announced its partnership with SBC Medical Group the parent company of the popular Shonan Beauty Clinic. The union between both firms means that 74 clinics nationwide will allow patients to settle their bills in cryptocurrency. Also read: Markets Update: BTC Price Jumps Over $1000 in Less … Read more
The price of bitcoin and a wide range of other digital assets have seen some significant gains today. Earlier during the morning trading sessions (EDT) BTC/USD markets spiked over $1,000 in less than 60 minutes gaining 10 percent and reaching a high of $8,060 per coin. Following the phenomenal jump in value, buyers met some … Read more
This week the Philippines Securities and Exchange Commission (SEC) revealed to the public that it plans to enforce securities regulations against cloud mining operations. According to the SEC’s statement, the regulatory agency believes these types of contracts should be defined as “securities.” Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Philippines Securities and Exchange … Read more
According to local reports, the South Korean exchange Bithumb has released the firm’s 2017 revenue and the exchange made 171 times more than the previous year. Also read: Japan Revises Registration Rules for Cryptocurrency Exchanges Bithumb’s revenue has increased 171-fold One of South Korea’s largest digital asset trading platforms has seen an increase in revenue that … Read more
According to reports, bitcoin cash users are frustrated with the Ledger hardware wallet as users have complained they cannot access their accounts. The firm’s chief technical officer, Nicolas Bacca, explained on Reddit forums that the team was still investigating the matter. Also Read: Stanford, Wharton and Georgetown Expand Bitcoin Business Classes Ledger Wallet BCH Accounts … Read more
The Japanese Financial Services Agency (FSA) has been investigating a variety of cryptocurrency trading platforms to make sure they are following Japan’s digital currency regulatory policy. Just recently the FSA published a report stemming from their investigations that reveals a lot of statistics about how many cryptocurrency traders reside in Japan, and other types of … Read more
Last year the Chinese government cracked down on initial coin offerings (ICO) and stopped all domestic cryptocurrency exchanges from dealing with the renminbi. According to local reports and the central bank’s recent ‘2018 agenda,’ the People’s Bank of China aims to finish what it started in 2017 by “rectifying” all virtual currency operations, introducing new … Read more
In the cryptocurrency ecosystem, the concept of prediction markets is a topical subject. There are a few projects in the works hoping to build decentralized prediction markets such as Augur and Hivemind. One particular project, although not fully ‘trustless’ at the moment, Fairlay, has been moving a staggering amount of volume over the past few … Read more
This week the Reserve Bank of India (RBI), the country’s central bank, has banned banks from dealing with cryptocurrency businesses. Indian financial institutions have three months to cease doing business with digital asset operations but some of them may stop facilitating INR settlements. News.Bitcoin.com spoke with Sumit Gupta the founder and CEO of a new … Read more
At the Satoshi’s Vision Conference in Japan Bitcoin.com’s Jake Smith interviewed Jerry Chan the lead executive for SBI Group’s fintech arm ‘SBI Bits.’ Chan explains what SBI Bits is involved in and how it had embraced blockchain technology and cryptocurrency solutions. The firm has recently launched a mining pool that’s processing bitcoin cash blocks alongside … Read more
