How Lithuania Became a Hub of Cryptocurrency Innovation

How Lithuania Became a Hub of Cryptocurrency InnovationOn the southeastern shore of the Baltic Sea lies Lithuania, a country of some 2.8 million. Most most people would struggle to place it on a map, and there are 77 European cities larger than its capital Vilnius, which number just 578,000. Despite this, Lithuania has outperformed nations 20 times its size in the token […]

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A London-Based Company Successfully Trademarks the Name ‘Bitcoin’

A London-Based Company Successfully Trademarks the Name 'Bitcoin'Multiple reports and public filings have shown a UK-based firm called ‘A.B.C. IPHoldings South West’ has successfully acquired a trademark for the name ‘Bitcoin’. According to a merchant on Etsy, IP-Holdings sent a cease and desist order because they were selling Bitcoin-themed t-shirts. Also read: There’s a Bitcoin Themed Card Game On Kickstarter Called ‘Bitcon’ UK […]

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SA Central Bank Comes Up With Another Nickname for Cryptos – “Cyber Tokens”

SA Central Bank Comes Up With Another Nickname for Cryptos – “Cyber Tokens”Cryptocurrencies don’t meet the requirements of money, according to the South African Reserve Bank which has decided to call them by a different name. It’s one that does not imply either currency or cryptography. “We prefer to use the word ‘cyber-token’,” said a high-ranking official of the central bank in Pretoria, adding another entry into […]

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Alleged BTC-e Mastermind Confesses to Russian Money Laundering Charges

Alleged BTC-e Mastermind Confesses to Russian Money Laundering ChargesAccording to regional publications in Russia, the alleged BTC-e mastermind and prisoner in Greece, Alexander Vinnik, has allegedly confessed to charges of fraud and money laundering on May 24, 2018. Reports reveal a signed document details that Vinnik admits to committing financial fraud between 2011-2017 through the BTC-e cryptocurrency exchange. Also read: This Week in […]

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Russian Duma Adopts Three Crypto Bills on First Reading

Russian Duma Adopts Three Crypto Bills on First ReadingRussian State Duma has approved its first reading of the long-awaited legislation package regulating crypto-related matters and activities. The legal texts, voted almost unanimously, will open the way for legalization of cryptocurrencies in the Russian Federation, including their exchange and circulation under certain conditions. Deputies now have about two weeks to propose amendments before they […]

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