Russian Court and Customs Prevent Import of Crypto Mining Equipment

Russian Court and Customs Prevent Import of Mining EquipmentA Russian cryptocurrency miner got into trouble with the customs office when trying to import mining equipment purchased online for personal use. After an appeal, the court sided with the customs office and barred the import of the mining equipment. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Importing Crypto Mining Equipment The Russian […]

The post Russian Court and Customs Prevent Import of Crypto Mining Equipment appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

CFTC Subpoenas Leading Exchanges for Trading Data

CFTC Subpoenas Leading Exchanges for Trading DataAccording to anonymous sources cited by The Wall Street Journal, The United States Commodity Futures Trading Commission (CFTC) is coordinating with the U.S. Justice Department in conducting investigations into price manipulation in the spot BTC markets. The report claims that the CFTC launched a criminal probe into BTC price manipulation after several cryptocurrency exchanges rejected […]

The post CFTC Subpoenas Leading Exchanges for Trading Data appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies

Thailand Unveils Details of Crypto Regulations, Legalizing 7 CryptocurrenciesThe Securities and Exchange Commission of Thailand has unveiled the details of the country’s regulatory framework for cryptocurrencies and initial coin offerings, including licensing requirements, fees, and a list of seven approved cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Approved Cryptocurrencies The Thai Securities and Exchange Commission (SEC) announced on Friday the […]

The post Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin in Brief Saturday: Switzerland Votes on “Sovereign Money” Referendum, Russian Banker Warns Against Crypto Ban

Bitcoin in Brief Saturday: Switzerland Votes on “Sovereign Money” Referendum, Russian Banker Warns Against Crypto BanSwiss voters will decide this Sunday whether to turn back on fractional-reserve banking and support a “sovereign money” concept for the nation’s finances. Proponents of the initiative prescribe deeper centralization to remedy the shortcomings of the traditional financial system – a vision quite different from the decentralization that came with cryptocurrencies like bitcoin, following the […]

The post Bitcoin in Brief Saturday: Switzerland Votes on “Sovereign Money” Referendum, Russian Banker Warns Against Crypto Ban appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Putin: Cryptocurrency Has Its Place, No State Can Have Own Crypto

Putin: Cryptocurrency Has Its Place, No State Can Have Own CryptoCryptocurrency has its place in the world and Russia should carefully consider when and how to take part in the process of its development, Vladimir Putin said in his annual Q&A session with Russian citizens. The president noted that “by definition” neither Russia, nor any other country could have a national cryptocurrency. Putin also mentioned the […]

The post Putin: Cryptocurrency Has Its Place, No State Can Have Own Crypto appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin Price Watch: Currency Drops Back to $7,600

At press time, bitcoin is trading for just over 7,600. This is a near $60 drop since reaching yesterday’s high of $7,700. Though small, the currency has ultimately failed to defend this new line, leading analysts to wonder if $8,000 is no longer doable in the short-term. One source suggests that a triangle pattern is […]

Go to Source

Powered by WPeMatico

Cryptocurrencies Not a Risk to Stability, Russian Study Concludes

Cryptocurrencies Not a Risk to Stability, Russian Study ConcludesA study has found that despite their volatility, cryptocurrencies do not endanger the financial system and the economy of Russia, as the risks are offset by the highly concentrated ownership of digital assets. Crypto fluctuations are not believed to affect consumption either. Russian residents have controlled cryptocurrency worth between $7.5 and $14 billion in the […]

The post Cryptocurrencies Not a Risk to Stability, Russian Study Concludes appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws

Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities LawsIn recent regulatory news, the United States Commodity Futures Trading Commission (CFTC) has rejected a Freedom of Information Act (FOIA) request regarding the subpoenas recently received by Bitfinex and Tether; the United States Securities and Exchanges (SEC) Chairman, Jay Clayton, has indicated that the regulator will not alter existing securities legislation to cater to cryptocurrencies. […]

The post Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Virtual Currencies to Become “Part of the Economic Practices” of All Nations – CFTC Commissioner

Virtual Currencies to Become "Part of the Economic Practices" of All Nations - CFTC CommissionerUnited States Commodities Futures Trading Commission (CFTC) commissioner, Rostin Behnam recently gave a speech in which he predicted that “virtual currencies […] will become part of the economic practices of any country.” The CFTC commissioner predicted that cryptocurrencies will have a transformative effect in providing financial services to unbanked populations, and undermine corruption through increasing […]

The post Virtual Currencies to Become “Part of the Economic Practices” of All Nations – CFTC Commissioner appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Estonia Grants Licenses for Wallet and Exchange Services to Coin Metro

Estonia Grants Licenses for Wallet and Exchange Services to Coin MetroIt isn’t just Malta that is attracting crypto business these days, other small and fast moving countries on the European continent are joining the action. The latest example comes from Estonia, which recently granted licenses for offering wallet and exchange services to the cryptocurrency trading platform Coin Metro. Also Read: Bitcoin in Brief Thursday: New Tech […]

The post Estonia Grants Licenses for Wallet and Exchange Services to Coin Metro appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico