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South Korea’s Finance Watchdog’s New Crypto Division

South Korea’s Financial Services Commission (FSC) has revealed it is setting up a department dedicated primarily to cryptocurrencies and blockchain. The FSC said the new department – dubbed the Financial Innovation Bureau – will focus on developing policy-making initiatives for the domestic blockchain and fintech industry, The Korea Times reported on Thursday. The decision to set up the дальше »

2018-7-20 21:30


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Bitcoin Payments Processor BitPay Granted BitLicense

After being criticized by the bitcoin community for its overly draconian nature, it appears the New York authorities are now ready for serious business.  U. S. -based bitcoin payments processor BitPay has been granted the BitLicense, making it the eighth cryptocurrency related business to gain the New York Department of Financial Services (NYDFS) approval in three years. дальше »

2018-7-18 14:00


Ripple (XRP) Appoints Dan Morgan from UK Govt. as Head of EU Regulatory Relations

Dan Morgan From The UK Govt. Is Ripple’s Head Of EU Regulatory Relations Ripple recently revealed that it has hired Dan Morgan to be its Head of European Regulatory Relations. Dan previously worked at the UK government as a Fintech Sector specialist at the Department of International Trade. This move comes after the addition of […] дальше »

2018-7-18 23:26


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Indian Bitcoin Extortion Case Continues

Two months into the investigation of the Bitcoin extortion in India, the Crime Investigation Department has arrested seven constables from Amreli district in connection with the case. Arrests Made The original complaint was made by Bhatt, a builder based in Surat, who alleged that the Amreli police had kidnapped him and his partner Paladiya, and extorted over Rs 9 crore. дальше »

2018-7-17 10:00


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Michael DuBose: The U.S. Must Emulate Europe’s Lead on Cryptocurrency Regulations

While the European Union (EU) has taken more proactive steps to regulate the region’s cryptocurrency industry, the United States seems to be dragging its feet in the matter. Following Europe Now, a keen industry observer, Michael DuBose, the former chief of Computer Crime and Intellectual Property Section (CCIPS) at the U. дальше »

2018-7-16 19:00


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Russian Hackers Utilized Bitcoin’s Anonomity to Influence Election – Will It Bring ‘FUD’ to the Crypto Market?

The U. S. Department of Justice, recently, filed new charges against 12 Russian intelligence agents who hacked into the Democratic National Committee and the 2016 Clinton presidential campaign. According to a federal indictment released on July 13, 2018, the Russian hackers used cryptocurrencies like Bitcoin to mask their identities and launder money. дальше »

2018-7-16 15:59


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Updated Power Rates for Cryptocurrency Miners in New York

The New York Public Service Commission (PSC) has approved new electricity rates for cryptocurrency miners in Upstate New York. Details of the New Rates In a press release issued by the New York PSC, high-density power consumers like cryptocurrency miners under the Massena Electric Department will pay new utility rates. Cryptocurrency miners and other high-density дальше »

2018-7-14 11:34


US DOJ accuses Russian intelligence of using Cryptocurrency to fund election interference

The United States Department of Justice has indicted 12 Russian intelligence officers for their role in election interference during the run up to the 2015 presidential election. Among the accusations announced Friday by Deputy Attorney General Rod Rosenstein was that the Russian hacking operations and troll farming that famously disrupted the presidential election of 2015 […] The post US DOJ accuses Russian intelligence of using Cryptocurrency to fund election interference appeared first on ZyCrypto. дальше »

2018-7-14 11:34


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Crypto Miners Receive Approval from New York for Favorable Electricity Rates

New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. These requests come mainly from similar types of potential customers: server farms, generally devoted to data processing for cryptocurrencies. What is your response to the introduction дальше »

2018-7-14 06:36


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New York Approves New Electricity Rates for Crypto Miners

New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff[s],” including “protect[ion] […] from increased supply costs. дальше »

2018-7-14 03:30


DoJ Sentences Women Trading In ‘Bitcoin For Cash’ To One Year In Prison

A women cryptocurrency trader, “Bitcoin Maven”, was sentenced to 366 days prison term by the Department of Justice (DoJ) for practising the trade without a valid license. In news of perhaps the first conviction of women coin trader, the DoJ held Theresa Lynn Tetley, aged 50 years for intentionally breaking financial regulatory rules and laws. дальше »

2018-7-13 16:48


US President Donald Trump Creates Task Force To Curb Crypto Fraud

A new task force has been formed by the US government to protect consumers from threats related to money laundering, investment schemes targeting virtual currencies. An executive order signed by President Donald Trump listed the Justice Department and agencies including the SEC, the Federal Trade Commission and the Consumer Financial Protection Bureau as leaders of […] The post US President Donald Trump Creates Task Force To Curb Crypto Fraud appeared first on ZyCrypto. дальше »

2018-7-13 18:31


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‘Pitcin Maven’ imprisoned for multi-million dollar Bitcoin cash transaction – Kismotto

The latest cryptocurrency criminal to get the book thrown at them is “Bitcoin Maven,” a 50-year-old woman who ran a bitcoin-for-cash exchange operation. The Department of Justice announced Theresa Lynn Tetley, a former stockbroker and real estate investor, was sentenced to 12 months and one day in federal prison this week for operating an unlicensed дальше »

2018-7-12 09:36