Some potential investors find the process of acquiring cryptocurrencies rather complicated, according to a new survey conducted among US residents. Despite that finding, and other obstacles, another study confirms the recently reported increase in capital raised through coin offerings this year. Also in today’s Bitcoin in Brief, the Swiss city of Zug concludes successfully its […]
The post The Daily: Complicated Crypto Purchasing Puts Off US Investors, Analysis Confirms – ICOs Spike appeared first on Bitcoin News.
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In Saturday’s Bitcoin in Brief, we cover some of the new expansion plans of leading cryptocurrency trading platforms. Singapore-based Huobi has confirmed its intentions to open an office in London, and US exchange Coinbase is about to do the same in Portland, Oregon. Also, a new crypto vault in Switzerland offers safe storage for cryptocurrencies, […]
Initial Coin Offerings in the first half of 2018 have attracted nearly double the amount of funds raised last year, a new report reveals. Researchers point out, however, that the majority of ICOs have largely failed, with only a third of the projects closed successfully. According to the study, the US remains the major destination […]
The city of Zug, home of the Swiss Crypto Valley, will invite its residents to take part in an experimental blockchain-based vote. They are expected to share opinions on several questions of local importance, including the fireworks display during the annual Lakeside Festival and the use of digital IDs to borrow books and pay parking […]
Swiss 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 […]
A well-known bank in Belarus will begin offering a bitcoin contract for difference (CFD) product through its platform, a joint project with a Swiss bank. Meanwhile, Belarus is growing less crypto friendly, reportedly amending its decree to impose strict KYC rules. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Bitcoin CFD Product Mtbankfx is an accredited […]
An often overlooked hurdle in the formulation of legislative apparatus for cryptocurrency is the challenge of adapting cryptocurrency to the classifications and language of financial regulations. Also Read: Research Paper Declares Bitcoin Compliant With Shariah Law Language Barrier Between Regulators and Crypto Community A recent article authored by Jonathan Chester, the chief executive officer of Bitwage, […]
Ever since ICO mania exploded in early 2017, Switzerland has served as Europe’s de facto crowdsale launchpad. Financial authorities have welcomed crypto startups, and the likes of Tezos, Mysterium, and Arcblock have all heeded that call. Guidelines laid out by Switzerland’s Financial Market Supervisory Authority (FINMA) in February were meant to add clarity for ICOs. […]
Private digital currencies are better than any state-issued version, admitted a high-ranking representative of the Swiss National Bank. Cryptocurrencies are also less risky, according to Andrea Maechler, member of the central bank’s governing board. Her comments indicate that Switzerland has no intentions to emit a state-sponsored crypto. Also read: Centralized Cryptoruble Not Possible, Minister […]