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Chinese Court Rules in Favor of Bitcoin, Calls Crypto Transactions Legal
After a year of the Chinese authorities effectively outlawing cryptocurrency and related activities in the country, a Chinese court has now ruled in favor of Bitcoin. While hearing a case involving digital currencies, the Shenzhen Court of International Arbitration said that owning and transferring Bitcoin is not forbidden by Chinese law. дальше »
2018-10-30 18:59 | |
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U.K. Government Squashes Royal Mint’s Plans to Launch Gold-backed Cryptocurrency
Britain’s Royal Mint, a wholly government-owned mint whose primary objective is to create gold and silver coins for the state, will not be launching its gold-backed cryptocurrency any time soon, as the U. дальше »
2018-10-29 02:00 | |
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Thai Authorities Spread Caution to Investors About 9 Cryptocurrency Token Scams
Thai Authorities Warn Investors About 9 Scammy Crypto Offerings As per a report published via a trusted Thai media outlet, the nation’s Securities and Exchange Commission (SEC) has warned investors in relation to nine digital tokens and Initial Coin Offerings (ICO’s). дальше »
2018-10-27 20:56 | |
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Japanese Crypto Industry Granted Self-Regulatory Status by Authorities
Japan has always been a pro-cryptocurrency state. It made Bitcoin legal tender when several other countries were still determining the legal status of digital assets. The Financial Services Agency (FSA) of Japan gave the crypto industry self-regulatory status on Wednesday. дальше »
2018-10-26 22:29 | |
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Venezuela Government Approves Six Exchanges to Sell Petro Cryptocurrency
Venezuela has managed to establish a national cryptocurrency, which is called the Petro. In a recent announcement on the government website, the authorities explained that they would be authorizing six different crypto platforms to sell it. дальше »
2018-10-19 19:30 | |
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New Study Finds Fault With Cryptocurrency Decentralization
Cryptocurrency–Along with the security offered through blockchain projects and the improved efficiency of digital payments, one of the core features of cryptocurrency has always been in the decentralized governance of the technology. дальше »
2018-10-18 06:51 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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Venezuela Demands Citizens Pay for Passports With Petro
Venezuelan authorities have found another way to impose the adoption of the state-issued cryptocurrency, the petro. Citizens will soon have to pay with the government-controlled digital coin if they want to obtain a travel document. дальше »
2018-10-7 17:30 | |
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China’s Crypto Market is Thriving: Ethereum Hotel, Exchanges, and OTC Trading
The government of China and its central bank the People’s Bank of China (PBoC) enforced a strict crypto trading ban in September 2017. Yet, the local cryptocurrency market of the country remains active, with hotels, exchanges, and over-the-counter (OTC) trading platforms supporting digital assets. дальше »
2018-9-30 10:00 | |
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WSJ Investigation: ShapeShift Is Being Used by Criminals, Illogical Comparison
An investigative report has been published regarding the popular crypto exchange ShapeShift AG, a firm that is registered in Switzerland. Money laundering is the problem at hand, and the report highlights a potentially worrying theme: that ShapeShift enables anonymous users to convert Bitcoin–which authorities can’t track–into other digital currencies that allow for much more anonymity. дальше »
2018-9-29 09:02 | |
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Former UBS Bankers Are Building a Crypto Bank in Switzerland
Seba Crypto AG (SEBA) has raised 100 million Swiss francs ($103 million) for the creation of a regulated bank that lets customers trade fiat for digital currency. The Zug-based startup is headed by former UBS managers Guido Buehler, who serves as CEO, and Andreas Amschwand, who serves as chairman. дальше »
2018-9-27 22:14 | |
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Japan’s Crypto Theft Rose Sharply in First 6 Months, Most Cases Due to Inadequate Password Strength
A recent study revealed that hackers are now increasingly targeting users of digital exchange platforms and the crypto exchanges themselves. But while the noted increase in crypto-related cyberattacks is global in trend, one of the hardest hit markets is probably Japan. дальше »
2018-9-25 15:14 | |
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Dubai Police Warns the Community of Crypto Risks, Authorities Discuss Regulation
On Sunday, Sept. 16, the Dubai Police warned the community that several risks could arise from large-scale unmonitored digital currency transactions. Some of these transactions could expose users to fraud and piracy and could even be used to facilitate money laundering. дальше »
2018-9-20 21:29 | |
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Dubai Police Chief Believes Electronic Money Will Soon Replace Cash, Considering Legal Framework
Lt-Gen Dhahi Khalfan Tamim of the Dubai Police predicted at a recent panel discussion that electronic money will soon replace cash in the United Arab Emirates. There remains a growing concern among authorities in the region that a lack of community awareness exposes digital currency users to fraud, piracy and ties to money laundering. дальше »
2018-9-18 01:56 | |
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The Black Cryptocurrency Market is Booming in Russia
While Russian authorities struggle to define cryptocurrency and decide whether to ban it, regulate it or just ignore it, people buy and sell Bitcoins and other digital money on the black cryptocurrency market to the tune of millions of dollars on дальше »
2018-9-12 20:31 | |
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International Monetary Fund Warns Against Marshall Islands Cryptocurrency
A recent report from the IMF warns the small island nation that its planned national digital currency poses more risks than it offers benefits. Marshallese authorities seem to disagree.
дальше »2018-9-12 00:12 | |
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Did Traders Throw Caution to the Wind in China Amid Crypto Ban?
Enthusiastic traders are mocking the crypto ban in China. Despite the authorities launching several attacks on the cryptocurrency sector, digital currencies still survive in the country. A South China Morning Post report suggests that trade is not just active in the country but also thriving right beneath the rule of law. дальше »
2018-9-12 19:10 | |
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ShapeShift Will Now Require “Basic Personal Details” for New Membership Program
In a what appears to be a seismic shift in company ethos, digital assets platform ShapeShift has launched a new loyalty program called "ShapeShift Membership" which will require the exchange users to provide "basic personal details," according to a blog post published September 4, 2018. дальше »
2018-9-6 21:20 | |
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Russian Authorities Confiscate 22 Crypto ATMs, Company To Appeal
Police in Russia have seized 22 crypto ATMs installed in shopping malls, restaurants, and stores across nine cities. According to Sarkis Darbinyan, a lawyer from Digital Rights Center (DRC) who is representing the affected company in the legal case, all the machines are operated by Bbfpro, a company with a network of Bitcoin ATMs across […] The post Russian Authorities Confiscate 22 Crypto ATMs, Company To Appeal appeared first on ZyCrypto. дальше »
2018-9-4 17:11 | |
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Op Ed: DApps Can Increase Audience Engagement for Creators and Influencers
Many of us are familiar with the term “DApp,” which stands for “decentralized application. ”Foundationally, a DApp is an application that runs using blockchain technology on a decentralized network of computers instead of on a central database. дальше »
2018-9-4 21:43 | |
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Japanese Authorities to Implement Software to Track Cryptocurrency Transactions
Japan’s National Police Agency (NPA) has unveiled plans to implement a new software designed to track cryptocurrency transactions. Created by a secret private company, the tracking program is part of an increased national effort to prevent fraud and other criminal activity taking place in digital money markets. дальше »
2018-9-1 20:28 | |
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CONFIRMED Reserve Bank Of India Interested In Crypto After All
After an all out assault on cryptocurrencies in India by the central bank – The Reserve Bank of India (RBI) many speculated around why the RBI had decided to essentially bank cryptocurrency trading in the country. дальше »
2018-8-31 08:00 | |
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Russia Seeking to Track Crypto Wallet Activity of Criminal Suspects
The Russian Federal Financial Monitoring Service (Rosfinmonitoring) is seeking to develop an analytical tool for tracking cryptocurrency transactions, specifically Bitcoin. BBC Russia reports that Russian authorities will attempt to use the new tracking system to detect cases of financial fraud and terrorist financing. дальше »
2018-8-30 20:09 | |
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Venezuelan Authorities Mandate Local Banks to Integrate Oil-backed Petro Cryptocurrency
Venezuela’s President Nicolas Maduro and his cabinet are determined to liberate the nation from the age-long economic crisis that has plagued the region, with its native digital currency the Petro. дальше »
2018-8-30 03:00 | |
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Indian Authorities Nab High-Profile Bitcoin Scammers
As India still remains uncertain regarding its regulatory framework for digital currency operations, a number of high-profile fraud cases involving Bitcoin have come to light. Police authorities from the Indian State of Chandigarh recently arrested Amit Bharadwaj for his role in a multicrore Bitcoin scam, reports local publication The Indian Express. дальше »
2018-8-27 04:00 | |
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China Continues Its Crypto Crackdown, Blocks Public Access to Offshore Exchanges
China has stepped up its crackdown on digital assets as it blocks the public from accessing more than 120 exchanges. Authorities are reportedly continuing to identify and police domestic websites offering information on crypto trading and initial coin offerings (ICOs). дальше »
2018-8-24 22:30 | |
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Bx3 Capital Suggests a Draft for Crypto Regulations in the US
Digital currencies have baffled the world with their volatility and even governments and financial authorities around the world are unsure about what they should make of cryptocurrencies. In the US, the Securities and Exchange Commission (SEC) has had a tense relationship with these coins. дальше »
2018-8-23 21:44 | |
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Venezuela Is Launching a New Currency to Help Save Its Economy
Venezuela’s economic conditions are worsening by the day, and the authorities have turned to digital coins to help facilitate growth. However, what started with the “Petro” as a digital currency experiment has now given way to a unique (albeit crazy) plan of the Maduro-led government. дальше »
2018-8-23 21:01 | |
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China Issues First Tax Authority-Approved Invoice on Blockchain
The first tax authority-approved digital invoice on the blockchain has been issued in Shenzhen, as part of a pilot ecosystem co-developed by Tencent and Chinese authorities
дальше »2018-8-10 20:02 | |
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BTC, ETH And BCH Owned In Huge Amounts By Members Of The White House
Within the United States, members of Congress and other authorities are starting to be required to account for and declare their digital assets. This is a little bit of a paradox in that cryptocurrency was designed to challenge government control, yet in this scenario, we are seeing members of one of the world’s most powerful governments declare their crypto assets, on a frankly colossal scale. дальше »
2018-8-7 13:30 | |
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How Blockchain Promotes International Trade, Identity and Financial Inclusion
International trade, people without identity and financial exclusion are global development areas that stand to be radically improved with blockchain technology, according to Michelle Chivunga, regional advisor for the British Blockchain Association. дальше »
2018-7-31 19:50 | |
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How Chinese Millionaires Are Still Using Bitcoin to Buy Properties Overseas
Millionaire investors in China are still utilizing significant cryptocurrencies like bitcoin and ether to purchase properties overseas, despite the crackdown on digital asset trading by the Chinese authorities. дальше »
2018-7-24 13:00 | |
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Surrey Police Seize Bitcoin Worth $1.64 Million
Police authorities accidentally discovered $1. 64 million worth of cryptocurrencies belonging to a local gangster in Surrey. The Surrey Police have become the first authority in the UK to seize and retain bitcoin in an investigation. дальше »
2018-7-22 05:00 | |
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Ukrainian Authorities Agree to Regulate Bitcoin and Other Cryptocurrencies as Financial Instruments
In spite of the vibrant nature of the Ukrainian cryptosphere, digital currencies remain unregulated in the region. However, the situation is finally about to change for the better. The head of the National Securities and Stock Market Commission (NSSMC), Timur Khromaev, announced on Facebook on July 20, 2018, that the country’s Financial Stability Council has thrown its weight behind the. дальше »
2018-7-22 03:00 | |
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Russia: Bitcoin Owners and Miners Will Not Face ‘Separate’ Tax Laws
Russia will subject owners and miners of cryptocurrency to all existing tax obligations from Autumn, authorities hinted July 18. Aksakov: No ‘Separate’ Treatment For Crypto Speaking to local news outlet Izvestia, Anatoly Aksakov, head of the financial markets committee at Russia’s state Duma, said there were currently no plans to draw up “separate” tax frameworks solely for cryptocurrency. дальше »
2018-7-19 01:00 | |
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HTC Says Blockchain Phone Exodus Will Be Released Later This Year
Computer manufacturing company HTC says it is on the verge of releasing its upcoming blockchain phone, Exodus, which was first announced in May of 2018. Chief crypto officer at HTC Phil Chen leads the company’s blockchain and cryptocurrency initiatives. дальше »
2018-7-18 19:47 | |
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Indian Regulators May ‘Unban’ Cryptocurrency Trading Soon
The Reserve Bank of India’s (RBI) harsh stance towards the local digital currency space may not last forever. If the latest report coming from reliable sources at the finance ministry is anything to go by, authorities are on the verge of regulating blockchain-based virtual currencies as commodities, a move that would be very beneficial to cryptocurrency investors in the Asian. дальше »
2018-7-13 16:00 | |
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South Korea to Legitimise the Blockchain and Cryptocurrency Industry
South Korea’s relationship with cryptocurrencies has had a tumultuous past. From the country being an important crypto market to crackdowns and imposition of strict regulations at the beginning of 2018, the authorities have frequently changed their outlook on digital currencies. дальше »
2018-7-10 13:59 | |
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Nobel Prize-Winning Columbia Professor Says US Authorities Will “Hammer” Bitcoin’s Value Down
The believers of cryptocurrencies say that the distributed ledger technology (blockchain) and digital money will cause a revolution in our lives. However, some critics of the technology see a considerably darker future ahead of us. дальше »
2018-7-10 09:45 | |
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Israeli Crypto Exchange Bits of Gold Agrees to Share Customer Info with Tax Authority
Bits of Gold – local Israeli cryptocurrency exchange – has agreed to pass on information to the country’s Tax Authorities on deposits and trading activity. Israel Tightens the Knot In what seems to be a step towards tightening up the cryptocurrency trading environment in Israel, the local Tax Authorities have reached an agreement with a local digital exchange Bits of Gold. дальше »
2018-7-7 07:00 | |
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Romania Releases Draft Bill Regulating the Issuance of Digital Currency
Romanian authorities have published a draft bill to regulate the issuance of electronic money within the country
дальше »2018-7-6 04:30 | |
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Swiss “Crypto Valley” Completes Blockchain Voting Trial
Hailed as a “success” by local officials, the vote was held using a trial digital ID system announced in June of this year. City authorities, who have issued digital identities to residents since 2017, are currently evaluating different applications of blockchain technology for governance. дальше »
2018-7-4 09:58 | |
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Zug Blockchain Voting System Hailed A Success, Although Participation Was Low
Crypto Valley, a cryptocurrency haven in Zug, Switzerland has made headlines recently for the local authorities move to develop a blockchain based voting system which utilises the towns current digital ID system. дальше »
2018-7-3 23:00 | |
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Anyone Can Start Mining Cryptos in Ukraine Even Without a License
While governments and regulators in some countries are passing laws to regulate the trading of cryptocurrencies and, even their mining, other nations advocate a more crypto-friendly approach towards the sector. дальше »
2018-6-29 14:59 | |
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French Regulators Blacklist Four Unregistered Crypto-Related Businesses
Financial authorities all over the world are hard at work trying to eliminate criminals and scam cryptocurrency-based investment schemes. In the latest development, the French financial markets regulator has issued fresh warnings to citizens against unregistered firms offering digital assets investment vehicles in the region. дальше »
2018-6-22 13:09 | |
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