Arsenal Football Club Partners with Gambling ICO

Premier League football club Arsenal FC has announced a partnership with Cashbet, a cryptocurrency marketing itself as being “designed specifically for iGaming” – comprising the first instance of a cryptocurrency sponsoring a major soccer team. Partnerships between sporting entities and virtual currencies appear to be quickly proliferating worldwide, with newly crowned Bellator MMA welterweight champion, […]

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Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved ExchangesThe Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized The Russian Deputy Finance Minister Alexei Moiseev told reporters that […]

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Venezuela Will Pre-Mine the Petro and Launch in 6 Weeks

Venezuela Will Pre-Mine the Petro to Launch in 6 WeeksOne day after Venezuela’s oil-backed cryptocurrency was declared illegal, the government of president Nicolas Maduro announced plans to pre-mine the petro. The new currency is expected to launch in six weeks. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Petro Mining Restricted to Government The Venezuelan Superintendent of […]

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Japanese ‘Virtual Currency Girls’ Spreading Cryptocurrency Knowledge

Japanese 'Virtual Currency Girls' Spreading Cryptocurrency KnowledgeJapanese female idols have teamed up to form the ‘Virtual Currency Girls’ group to promote the knowledge of cryptocurrencies through entertainment. Each of its 8 members represents a cryptocurrency: bitcoin cash, bitcoin, ether, neo, nem, ripple, mona, and cardano. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales ‘Virtual Currency Girls’ […]

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ICOs Raise Over $1 Billion in a Month for the First Time

ICOs Raise Over $1 Billion in a Month for the First TimeWhile bitcoin and resurgent altcoins were claiming the headlines in December, ICOs were quietly claiming the money. From a media perspective, the summer of 2017 was when ICO mania hit its peak. That’s when several of the largest token sales concluded, raising hundreds of millions of dollars apiece. But from a financial perspective, December will […]

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Venezuela Unveils Mining, Trading, and Launch Details of National Cryptocurrency

Venezuela Unveils Mining, Trading, and Launch Details of National CryptocurrencyThe Venezuelan government has published a decree outlining the operation of Venezuela’s national cryptocurrency, the Petro. It details the government’s plans for the new currency, including its issuance, mining, and trading. In addition, the Petro will be backed by 5 billion barrels of crude oil. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, […]

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Russia Unveils Proposed Regulation Putting Limits on ICOs and Investors

Russia Unveils Proposed Regulation Putting Limits on ICOs and InvestorsThe Russian finance ministry has unveiled its proposals for the regulation of initial coin offerings (ICOs) in the upcoming bill to be submitted this week. They include the maximum amount an ICO can raise as well as an investment limit for unqualified investors. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and […]

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Indian Entrepreneurs Rush to Launch Crypto Companies Following Bitcoin Boom

Indian Entrepreneurs Rush to Launch Crypto Companies Following Bitcoin BoomDespite the government ramping up regulatory measures for bitcoin traders and exchanges, Indian entrepreneurs are rushing to set up companies with bitcoin or cryptocurrency-related words in their names. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions Capitalizing on Crypto Indian entrepreneurs have been rushing to register businesses with the […]

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Major University in Belarus Debuts Crypto Diploma Course Following Legalization

Major University in Belarus Debuts Crypto Diploma Course Following LegalizationFollowing the legalization of cryptocurrencies and initial coin offerings (ICOs) in Belarus, a major Belarusian technical university is now offering a diploma course covering cryptocurrencies, their derivatives, and ICOs. Immediately, inquiries flooded in from people wanting to learn about this new industry. Also read: Belarus Legalizes Cryptocurrencies and ICOs – Tax-Free for Five Years Diploma Course at […]

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Miners from 15 Countries to Give Input for Russian Cryptocurrency Bill

Miners from 15 Countries to Give Input for Russian Cryptocurrency BillCryptocurrency miners from 15 countries have confirmed that they will be showing Russian parliamentarians how cryptocurrencies are mined and discussing their countries’ specific approaches to mining regulation. After the meeting, the Russian government plans to draw up recommendations and proposals for crypto legislation, which will be submitted on December 28. Also read: South Korea Clarifies Position […]

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