Blog (Page 122)

Last month a 16-year old girl from India created a digital currency price ticker that tracks the price of cryptocurrencies like bitcoin cash, ethereum, and many others. However, when Harshita Arora introduced the iOS application to members of the bitcoin community who patronize the Reddit forum /r/bitcoin, she was accusedContinue Reading

The Russian government is drafting a bill to introduce the accreditation of initial coin offering issuers. Accredited organizations must comply with a set of rules, including having 100 million rubles capital, and are subject to inspections every three years. The regulators are currently accepting public comments on the proposal. AlsoContinue Reading

The South Korean government is considering introducing an approval system for cryptocurrency exchanges based on the Bitlicense model, developed by the New York State Department of Financial Services. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License Bitlicense Comes to Korea The South Korean regulators are considering introducingContinue Reading

Iceland is the ideal place to mine bitcoin. Thanks to the cold coupled with relatively cheap electricity costs, the region has drawn its share of bitcoin mining operations. This year alone energy expended on crypto mining will exceed that of typical domestic usage, according to reports.   Also read: Internet PioneerContinue Reading

Once upon a time initial coin offerings were open to everyone. That time was last year, and since then gaining entry to ICOs has become increasingly difficult. In response to regulatory attention from the SEC, crypto startups have begun to perform due diligence on aspiring investors. Thanks to onerous KYCContinue Reading

The state of New Jersey’s Bureau of Securities and the Attorney General has issued a cease and desist order to a digital currency investment fund called ‘Bitstrade’ this week. According to the state’s Attorney General’s office, the cryptocurrency-focused firm was “fraudulently” managing and selling securities. Also read: U.S. Lawmaker Wants EthicsContinue Reading

A race to tokenize the bitcoin cash (BCH) cryptocurrency has just been triggered. Developers can now earn a whopping £5 million by bringing this advanced functionality to the cryptocurrency ecosystem, which means we might soon see smart contracts implemented with BCH. Tokenization can bring everything from land deeds to ICO coins ontoContinue Reading

Japanese entertainment giant DMM has launched its “large-scale Japan-quality” mining farm, with a plan to deploy more farms overseas. DMM is also launching a showroom, allowing the public to tour its mining farm, as well as a mining pool. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 CryptocurrenciesContinue Reading

This week the Republican Senate candidate Austin Petersen announced he accepted the largest federal election campaign contribution settled in digital currency. Petersen, a former Libertarian, has received a total of 24 cryptocurrency donations this year, and the largest was for 0.284 BTC ($4,500 USD). Also Read: U.S. Lawmaker Wants Ethics CommitteeContinue Reading

A number of new cryptocurrency exchanges are launching in South Korea despite being unable to provide full service due to regulatory challenges. Since the Korean government enforced the real-name system on cryptocurrency accounts, banks have only been providing fiat deposit services to the country’s four largest crypto exchanges. Also read: Japan’sContinue Reading

The CEO and founder of Pantera Capital, Dan Morehead, recently told media that bitcoin is “under-owned” by institutional investors despite high demand for cryptocurrency exposure. Mr. Morehead also predicted bitcoin to produce bullish price movements in coming weeks. Also Read: Markets Update: Cryptocurrencies Start Forming a Well Defined Uptrend Pantera BullishContinue Reading

This week Colorado House Representative Jared Polis sent a letter to the U.S. House Committee on Ethics asking the organization to propose statutes that require government employees to declare their bitcoin and digital currency holdings. Also Read: India’s Tax Department Issues Notices to 100,000 Crypto Investors House Representative Jared Polis: ‘GovernmentContinue Reading