Australian High School to Host Information Night on Cryptocurrencies

Australian High School to Host Information Night on CryptocurrenciesA surge in the popularity of bitcoin among students has prompted an Australian high school to host an information night designed to educate its students about cryptocurrencies. St. Laurence’s College in Brisbane recently informed the parents of students that it wishes to hold an “educational presentation” in light of an increasing number of students investing […]

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Malta Extends Scope of Proposed Virtual Currency Regulations

Malta Extends Scope of Proposed Virtual Currency RegulationsThe Malta Financial Services Authority (MFSA) has published a ”feedback statement” regarding its proposal for regulatory guidelines governing collective investment schemes involving virtual currencies (VCs) operating in the European archipelago nation. The statement has been issued following a consultation period from the 23rd of October 2017 to the 17th of November – in which the […]

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Nasdaq-Issued Bitcoin Futures Contracts May Comprise “Investment” Rather Than “Tracking Stock”

Nasdaq Issued Bitcoin Futures Contracts May Comprise "Investment" Rather Than "Tracking Stock"The chief executive officer of Nasdaq, Adena Friedman, has discussed the company’s position with regards to the potential bitcoin futures contracts it has previously expressed interest in offering. Although Mrs. Friedman was unable to affirm that the company is definitely planning on launching bitcoin futures contracts, the CEO emphasized Nasdaq’s desire to offer a product […]

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More than Half of Russians Know About Bitcoin Now

More than Half of Russians Know About Bitcoin NowMore than half of Russians have some knowledge about bitcoin, according to a new survey. Awareness is higher among young people and in major cities. Three quarters of the Muscovites feel informed about the leading cryptocurrency thanks to 185,000 publications in news outlets. Bitcoin is the most popular word in Russian social media, another study shows. […]

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215,000+ Sign Petition Against South Korean Crypto Regulation – Government to Respond

215,000+ Sign Petition Against South Korean Crypto Regulation - Government to RespondA national petition against extreme cryptocurrency regulations in South Korea has exceeded 200,000 signatures, the requirement for the government to respond. The petition entitled “Has the government ever dreamed a happy dream for the people?” was filed on December 28. Meanwhile, another related petition calls for the removal of the governor of the country’s Financial […]

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Metropolitan Bank Ceases Cryptocurrency-Related International Wires

Metropolitan Bank Ceased Cryptocurrency-Related International WiresMetropolitan Bank Holding Corp (NYSE: MCB), one of the fastest growing banks in the United States, is used by a number of major cryptocurrency exchanges. But the NYSE traded bank has ceased all cryptocurrency-related international wires effective immediately, according to a Fortune report. Also Read: Whistleblower Details Big Bank’s Plans to Prohibit Employees Owning Bitcoin “The Bitcoin […]

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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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Japan’s Fisco Launching Cryptocurrency Fund – Derivatives Products to Follow

Japan's Fisco Launching Cryptocurrency Fund - Derivatives Products to FollowFollowing the issuance of its bitcoin bond, Japanese investment research group Fisco Corporation is now launching a cryptocurrency fund. The company is also planning to offer derivative products as well as several other crypto-related services. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Fisco Launching Crypto Fund Tokyo-based […]

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Vermont Senator Proposes Digital Currency Tax Legislation

Vermont Senator Proposes Digital Currency Tax LegislationEarlier this week Senator Alison Clarkson (D) from Vermont has proposed legislation that outlines a use case for government-based cryptocurrency solutions for the green mountain state. Also read: French Entrepreneur’s Case to Overturn the Bitlicense Dismissed   Latest Vermont Bill Discusses State Entities Utilizing Emerging Technology, While Digital Currency LLCs Could Pay Taxes In Crypto   The Windsor […]

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Report Reveals 18% of Investors Buy Bitcoin With Borrowed Money

Report Reveals 18% of Investors Buy Bitcoin With Borrowed MoneyJust recently the consumer group Lendedu released a report on bitcoin investors who use credit to purchase digital currencies. According to the survey, out of 672 active bitcoin investors polled, 18.15 percent of the participants used a credit card to fund bitcoin purchases. Also read: French Entrepreneur’s Case to Overturn the Bitlicense Dismissed Out of 672 […]

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