‘We Welcome Anonymous Cryptocurrencies’ : US Federal Reserve Breaks Down Bitcoin in New Study
|
CryptoCoins News, 1/1/0001 12:00 AM PST The Federal Reserve Bank of St Louis, one of 12 regional Reserve Banks that make up the United States’ central bank, has conducted a study asking some of the biggest questions in cryptocurrency today – and they may have found some real answers. Their researchers investigated the control structure of various currencies and looked into whether The post ‘We Welcome Anonymous Cryptocurrencies’ : US Federal Reserve Breaks Down Bitcoin in New Study appeared first on CCN |
WikiLeaks Store Loses Coinbase Support, Still Processing Sales
|
Bitcoin Magazine, 1/1/0001 12:00 AM PST WikiLeaks has had to find alternative solutions for its online shop. On April 20, 2018, the whistle-blowing document depository revealed in a tweet that Coinbase has shut down the WikiLeaks’ online store account. Even with Coinbase out as a payment processor, WikiLeaks’ online shop is still able to use CoinPayments.net for cryptocurrency payments, accepting both bitcoin and a variety of altcoins. The organization also still accepts donations in bitcoin, litecoin, ether, monero and zcash. Coinbase Bails on WikiLeaksThe organization claims that Coinbase sent them a memo “without notice or explanation” indicating that it would no longer have access to the platform. “Upon careful review,” the message reads, “we believe your account has engaged in prohibited use in violation of our Terms of Service and we regret to inform you that we can no longer provide you with access to our service. We respectfully request that you follow the on-screen instructions presented when you log into your Coinbase account to send any remaining balance offsite to an external address.” In the message, Coinbase points out that it “is a regulated Money Services Business under FinCEN (FinCen.gov),” making it “legally obligated to implement regulatory compliance mechanisms.” However, the exchange offers no further details on what regulations or Terms of Service WikiLeaks violated to invite a ban.
Responding to the developments, WikiLeaks tweeted that it will call for an international boycott of Coinbase next week, calling out the exchange “as an unfit member of the crypto community.” Ironically, WikiLeaks began funding its organization with cryptocurrencies after banks and payment services stopped processing donations to it in November 2010. As Visa, Mastercard, Bank of America, PayPal and Western Union shuttered their support, the renegade group turned to virtual currencies that better conformed to its cypherpunk, anarchist roots. By December 2016, WikiLeaks had raised 4,000 bitcoin worth roughly $3,000,000 at the time. The flooding of funding was enough to keep WikiLeaks afloat during the blockade, and as Andreas Antonopoulos points out, “Coinbase has repeated history” by effecting the same ban that sparked “many people’s interest in bitcoin.”
This article originally appeared on Bitcoin Magazine. |
WikiLeaks Store Loses Coinbase Support, Still Processing Sales
|
Bitcoin Magazine, 1/1/0001 12:00 AM PST WikiLeaks has had to find alternative solutions for its online shop. On April 20, 2018, the whistle-blowing document depository revealed in a tweet that Coinbase has shut down the WikiLeaks’ online store account. Even with Coinbase out as a payment processor, WikiLeaks’ online shop is still able to use CoinPayments.net for cryptocurrency payments, accepting both bitcoin and a variety of altcoins. The organization also still accepts donations in bitcoin, litecoin, ether, monero and zcash. Coinbase Bails on WikiLeaksThe organization claims that Coinbase sent them a memo “without notice or explanation” indicating that it would no longer have access to the platform. “Upon careful review,” the message reads, “we believe your account has engaged in prohibited use in violation of our Terms of Service and we regret to inform you that we can no longer provide you with access to our service. We respectfully request that you follow the on-screen instructions presented when you log into your Coinbase account to send any remaining balance offsite to an external address.” In the message, Coinbase points out that it “is a regulated Money Services Business under FinCEN (FinCen.gov),” making it “legally obligated to implement regulatory compliance mechanisms.” However, the exchange offers no further details on what regulations or Terms of Service WikiLeaks violated to invite a ban.
Responding to the developments, WikiLeaks tweeted that it will call for an international boycott of Coinbase next week, calling out the exchange “as an unfit member of the crypto community.” Ironically, WikiLeaks began funding its organization with cryptocurrencies after banks and payment services stopped processing donations to it in November 2010. As Visa, Mastercard, Bank of America, PayPal and Western Union shuttered their support, the renegade group turned to virtual currencies that better conformed to its cypherpunk, anarchist roots. By December 2016, WikiLeaks had raised 4,000 bitcoin worth roughly $3,000,000 at the time. The flooding of funding was enough to keep WikiLeaks afloat during the blockade, and as Andreas Antonopoulos points out, “Coinbase has repeated history” by effecting the same ban that sparked “many people’s interest in bitcoin.”
This article originally appeared on Bitcoin Magazine. |
Oil rallies to a 3-year high
|
Business Insider, 1/1/0001 12:00 AM PST
Oil prices rallied to fresh three-year highs on Monday afternoon, erasing previous losses in a volatile day of trading. Brent, the international benchmark surged 1.6% to $74.91 per barrel at 3:00 p.m. ET. West Texas Intermediate also soared, trading up nearly 1% to $68.88. Those levels haven't been seen since 2014. Both Brent and West Texas Intermediate hit three-year highs last week, passing $70 and $68 a barrel respectively, after crude inventories fell much more than expected and reports surfaced that Saudi Arabia is targeting prices as high as $100 per barrel. Prices dampened early Monday after Iran said OPEC may not extend supply cuts into next year if crude prices keep rising. But new reports of falling crude inventories in the US and creeping concerns that President Donald Trump will slap sanctions on Iran propped prices back up. WTI is up 14% this year while Brent is higher by 12%. SEE ALSO: Bitcoin Cash has risen 80% over the last week Join the conversation about this story » NOW WATCH: Wall Street's biggest bull explains why trade war fears are way overblown |
“Big Bitcoin Heist” Suspect Arrested in Amsterdam, Claims Unlawful Imprisonment
|
CryptoCoins News, 1/1/0001 12:00 AM PST Sindri Thor Stefansson, the alleged mastermind behind the “Big Bitcoin Heist” who fled a low-security Icelandic prison and hopped on a flight to Sweden last week, has been found. But according to Stefansson, he never should have been detained in the first place and was being held based on “police suspicion.” He was reportedly arrested in Amsterdam amid an … Continued The post “Big Bitcoin Heist” Suspect Arrested in Amsterdam, Claims Unlawful Imprisonment appeared first on CCN |
What you need to know on Wall Street today
|
Business Insider, 1/1/0001 12:00 AM PST Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox. Sears CEO Eddie Lampert has proposed a deal between the retailer and his hedge fund, ESL Investments, to raise cash for the struggling department-store chain. In a letter dated April 20, Lampert proposed that ESL Investments purchase Sears' Kenmore brand, its home-improvement business, its Parts Direct division, and some of the company's real estate. Sears' shares spiked more than 8% in early-morning trading Monday. "We understand that Sears has marketed certain of these assets for nearly two years but, with the exception of the Craftsman divestiture, has been unable to reach agreement with potential purchasers on acceptable terms," Lampert wrote in the letter, which Sears posted on its website on Monday. He said ESL valued Sears' home improvement and Parts Direct businesses at $500 million collectively. In finance news, Goldman Sachs just made its first crypto hire to explore a potential bitcoin trading desk. And a secretive high-speed trader is providing college kids with a "launch pad" to build cryptocurrency companies. In markets news, the 10-year yield is closing in on the key 3% level. Jeff Gundlach, the founder of DoubleLine Capital, forecast in January that returns on the S&P 500 this year would be negative, and he said his forecast "would become an extraordinarily strong conviction as the 10-year starts to make an accelerated move above 3%." Elsewhere:
|
Ethereum(Eth) and Ripple(XRP) are ‘Noncompliant Securities,’ Says Fmr. CFTC Chairman
|
CryptoCoins News, 1/1/0001 12:00 AM PST The two most valuable altcoins are most likely “noncompliant securities” under US law, claims a former markets regulator. Gary Gensler, a former head of the Commodity Futures Trading Commission (CFTC), said that he believes Ether and XRP have been issued through unregistered securities offerings and are trading illegally on the hundreds of cryptocurrency exchanges that … Continued The post Ethereum(Eth) and Ripple(XRP) are ‘Noncompliant Securities,’ Says Fmr. CFTC Chairman appeared first on CCN |
Ethereum(Eth) and Ripple(XRP) are ‘Noncompliant Securities,’ Says Fmr. CFTC Chairman
|
CryptoCoins News, 1/1/0001 12:00 AM PST The two most valuable altcoins are most likely “noncompliant securities” under US law, claims a former markets regulator. Gary Gensler, a former head of the Commodity Futures Trading Commission (CFTC), said that he believes Ether and XRP have been issued through unregistered securities offerings and are trading illegally on the hundreds of cryptocurrency exchanges that … Continued The post Ethereum(Eth) and Ripple(XRP) are ‘Noncompliant Securities,’ Says Fmr. CFTC Chairman appeared first on CCN |
CRYPTO INSIDER: Inside a high-speed trader's crypto 'launch pad'
CRYPTO INSIDER: Inside a high-speed trader's crypto 'launch pad'
CRYPTO INSIDER: Inside a high-speed trader's crypto 'launch pad'
CRYPTO INSIDER: Inside a high-speed trader's crypto 'launch pad'
Crypto Worth: Verifying Net Worth in Digital Currency
|
CryptoCoins News, 1/1/0001 12:00 AM PST This is a sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Crypto Worth, a new service offered by the Canadian company Ideas on That, is now giving individuals the ability to prove ownership over a particular bitcoin address and, by The post Crypto Worth: Verifying Net Worth in Digital Currency appeared first on CCN |
Promoted: ShoCard’s Use Cases Bring Blockchain Solutions Where They’re Most Needed
|
Bitcoin Magazine, 1/1/0001 12:00 AM PST Some blockchain applications are solutions looking for problems, but there are other issues that are just begging for help from decentralized technology. Managing and authenticating identity is one of the latter. Traditional authentication processes in many industries use easily guessable identity questions, forgeable documents and unwieldy manual checks. As such, they are ripe for disruption. Armin Ebrahimi, CEO and founder of the blockchain-based ID management company ShoCard, said that the real challenge is focusing the lens. “There are so many areas where solutions can apply; one of the challenges has been focusing on fewer verticals so that we can do a better job and not spread ourselves too thin,” he said. ShoCard uses a mobile app to scan user credentials, storing a cryptographic digest of them on a blockchain. Users can then choose which credentials they share with others who see only the hash, rather than the sensitive information itself. This enables organizations to authenticate people quickly without endangering their data, Ebrahimi explained. Easier Air Travel ShoCard focuses on use cases that reduce friction in heavily regulated industries. One example is in air travel. ShoCard partnered with travel technology provider SITA to provide a travel authorization solution based on a blockchain. In the ShoCard/SITA system, travelers scan their passports into a mobile app and take selfies, using a private key to hash this verification data on the blockchain. They begin their journey by presenting a data-linked QR code to an agent or a kiosk. The travel system verifies the travelers’ identities against the blockchain data and then issues a single travel token that they can use to pass through checkpoints such as passenger lounges and check-in desks. At each new checkpoint, the travelers use the app to display a new QR code representing their token, which an agent or kiosk verifies before sending them on their way. Each agent or kiosk verifies a traveler’s token using its private key to hash that transaction. The proof of the verification gets stored on the blockchain, creating an immutable, decentralized audit trail of the passenger’s journey, allowing that the passenger to pass through checkpoints at near-walking speed. ShoCard is now working with other airlines on this solution. Changing Healthcare At the 2018 Healthcare Information and Management Systems Society health conference, ShoCard and RF Ideas, an employee badge reader manufacturer, demonstrated the fruits of a joint effort: and a secure credential badge reading system for busy healthcare staff using ShoBadge’s enterprise ID authentication system. The system uses low-energy Bluetooth technology to read practitioners’ badges or mobile devices and check their credentials against hashed data on a blockchain. “The doctor or clinician can access a database or computer, or gain physical access to a building, using the ShoBadge app,” said Ebrahimi. “Their hands are full, and they want to be able to access things pretty seamlessly while having their ID tied to biometrics.” By partnering with a no-touch ID reader, ShoCard can grant fast access to staff without storing their credentials in a central place, making it especially useful for healthcare workers who contract with multiple healthcare providers, for example. Improving Finance As another heavily regulated industry, financial services is an area where secure blockchain-based processes helps to smooth transactions along. Know your customer (KYC) requirements is an area especially ripe for disruption. Today, each bank wanting to onboard a new customer must go through a cumbersome, time-consuming and expensive process to gather information about their customers for compliance purposes. Blockchain technology provides a way for multiple banks to share that KYC process. By storing hashed user credentials and KYC certifications on a blockchain, a financial institution can empower customers to share that information with others. When signing with a second bank, customers can point it to their hashed credentials and KYC certification, enabling the bank to authorize the customers without querying any other financial institution’s database. Even transactions with the initial bank can be more efficient and easier to use as the need for usernames and passwords or answering knowledge-based authentication is eliminated. “That cuts costs but also makes a more hygienic KYC where they know that a customer has a well-defined credit history and is who they say they are,” explained Ebrahimi. “That leads to an ecosystem where there’s a method for compensation.” ShoCard is working with several banks using this process. As these use cases play out, blockchain solutions will get us closer to solving problems, like data breaches and authentication/authorization inefficiencies, that have plagued organizations for years as customer volumes increase. But a decentralized system will make the sharing of that information more seamless, safe and secure. This promoted article originally appeared on Bitcoin Magazine. |
Saudi Telecom and ConsenSys Boost Blockchain Infrastructure in Middle East
|
Bitcoin Magazine, 1/1/0001 12:00 AM PST Saudi Arabia is rebuilding its country’s industry and government infrastructure in line with its Vision 2030 commitment to become a world leader in the adoption of blockchain infrastructure technology. ConsenSys, the world’s largest Ethereum blockchain design studio, is partnering with the Saudi Telecom Company (STC), to help make this happen. In a Memorandum of Understanding (MOU) signed recently, the two companies agreed to work together to design and build out blockchain technology in a range of government and private sectors including real estate, banking and healthcare. STC, a telecommunications company offering cell phone, internet and computer services, based in Riyadh, was defined in the MOU as the lead agency for the ongoing digital transformation of the country, and ConsenSys is identified as an enabler of this transformation. ConsenSys Sets Up Shop in DubaiConsenSys, currently headquartered in New York City, is establishing a significant presence in the Middle East, setting up its second largest office in the Dubai Design District in the United Arab Emirates. The ConsenSys Dubai office expects to have 50 employees by the end of 2018. Lina Hediah, executive director, ConsenSys MENA region, said that blockchain technology is “vital for the future growth (of Saudi Arabia) as it enables efficient, secure and cost-effective ecosystems and facilitates the automation of business systems creating added value.” Commenting on their new partner, Hediah said STC is “the largest telecom operator in the region, with a large and significant geographic footprint,” so it is well placed to lead the blockchain makeover. ConsenSys is also the Dubai City Blockchain Advisor, providing design and technical advice as well as regular blockchain training, events and education and engaging the Dubai Design District community through regular meetups. In an earlier announcement, ConsenSys founder and Ethereum co-founder Joseph Lubin laid out his company’s commitment to growing the Ethereum ecosystem in the Middle East: “Using blockchain technologies to build next-generation nations has always been high on our agenda, and there is no better place to witness this strategic transformation than Dubai, which is forging ahead with its aim to be the world’s first blockchain-powered city.” Saudi Telecom CompanySTC told Bitcoin Magazine in an interview that the company’s goal is to be a leader in establishing blockchain ecosystems based on “open standards.” Riyadh S. Muawad, vice president of Key Accounts, said: “STC is always looking to bring in the best-of-breed technology to leverage the global alliances and experiences to enrich innovation. Blockchain platforms are in a rapid evolution phase, whereas Ethereum blockchain technology is based on open standards and has an industry wide adoption.” Muawad added that STC aims to tailor the blockchain business applications it builds for various industry verticals, helping them to accelerate adoption in a seamless manner. “Presently our focus is on use cases which are more relevant for blockchain applications, employing the core principle of a ‘trusted distributed ledger.’” ConsenSys Wants to Build More Than Just Blockchain Technology“This partnership not only marks Consensys’ official entry into the Kingdom but is evidence of our commitment to helping build next-generation nations using blockchain technologies,” said Hediah. “Our experience in building bespoke applications showcases qualitative capabilities, and by leveraging STC’s reach we are looking to really immerse ourselves in the Kingdom’s transformation agenda making a significant impact on both the economic and social infrastructure.” As outlined here, the ConsenSys Social Impact team is “spearheading research on blockchain solutions for sustainable development in emerging economies.” In addition to building social infrastructure in emerging economies, ConsenSys is working with developing nations on energy sustainability projects like Grid+1, creating a distributed electricity provider with registration and payments built on the Ethereum blockchain.This article originally appeared on Bitcoin Magazine. |
Overbought? Bitcoin Cash Looks Extended After 80% Gain
|
CoinDesk, 1/1/0001 12:00 AM PST Bitcoin cash has rallied hugely in the approach to a technical upgrade, but a healthy pullback may be in the offing. |
Goldman Sachs just made its first crypto hire to explore a potential bitcoin trading desk
|
Business Insider, 1/1/0001 12:00 AM PST
Goldman Sachs has hired its first employee to focus exclusively on digital currencies as the Wall Street bank explores creating a bitcoin trading desk, a person familiar with the situation tells Business Insider. Justin Schmidt joined the New York-based investment bank as a vice president and head of digital asset markets in the firm's securities division. The news was first reported by Tearsheet. A Goldman spokeswoman confirmed the hire to Business Insider. Schmidt will explore how Goldman could potentially dive deeper into the nascent market for digital currencies, including the possible launch of a cryptocurrency trading desk at Goldman. He will not be trading anything at the bank, including crypto. Bloomberg News reported in December that the bank was getting ready to launch a crypto desk by the end of June, although it remains unclear if this timing is still on track. If Goldman does go ahead with a crypto trading desk, it would be the first major US bank to do so. Goldman already clears bitcoin futures for some clients, as does arch rival Morgan Stanley, while other banks like Citi and Bank of America have steered clear of the market. Banks began to dip their toes into digital currencies world last year as the price of bitcoin soared to $20,000. “In response to client interest in various digital products, we are exploring how best to serve them in the space," a Goldman spokeswoman told Business Insider in an e-mail. "At this point, we have not reached a conclusion on the scope of our digital asset offering.” Schmidt, a graduate of Massachusetts Institute of Technology, joins the investment bank from Seven Eight Capital, where he was a senior vice president. Previously, he was a portfolio manager at WorldQuant and vice president at Merrill Lynch. |
Iran Said to Bar Banks from Bitcoin Market
|
CoinDesk, 1/1/0001 12:00 AM PST The Central Bank of Iran is the latest national bank to sound the alarm on the cryptocurrencies, fearing of its misuse in money laundering and fraud. |
Locked Out of Coinbase: Why Are Wyoming's Bitcoin Users Still Waiting?
|
CoinDesk, 1/1/0001 12:00 AM PST A month after Wyoming changed a law to let Coinbase restore service in the state, users there are still waiting to regain access to their funds. |
Bitcoin Cash Price Leaps 19% While Other Large-Cap Cryptos Flounder
|
CryptoCoins News, 1/1/0001 12:00 AM PST The Bitcoin Cash Price leaped by 19 percent on Monday, headlining a tepid market advance which saw most large-cap cryptocurrencies struggle to tread water. After beginning the day at $389.6 billion, the cryptocurrency market cap made a $10 billion advance, briefly crossing the $400 billion threshold before dipping back down to $399.3 billion at the The post Bitcoin Cash Price Leaps 19% While Other Large-Cap Cryptos Flounder appeared first on CCN |
The Difference Between A Cryptocurrency Speculator And A True Bitcoin Believer
|
Inc, 1/1/0001 12:00 AM PST Is it about the ROI or the technology? |
Bitcoin Cash has risen 80% over the last week
Business Insider, 1/1/0001 12:00 AM PST
Bitcoin Cash, which was spun-off from bitcoin last August, has risen over 80% against the dollar over the last seven days and it up 17% at 11.43 a.m. GMT (6.43 a.m. ET): The rally appears to be driven by an upcoming Bitcoin Cash fork — industry speak for another currency being spun out of the underlying code that runs a cryptocurrency. The fork aims to increase the processing power of bitcoin cash by increasing the size of the blocks of transactions that are processed. Mati Greenspan, an analyst with trading platform eToro, said in an email on Monday: "Bitcoin Cash is moving towards a hard-fork on May 15th. The planned fork that will increase the maximum block size from 8 MB to 32 MB and will also remove the SegWit protocol. "However, those looking to get a new coin or "dividend" out of this fork may be disappointed. If all goes smoothly, the new coin that is created from the fork will completely replace the old coin. Though there may be some who try to keep the old BCH alive, they will very likely be the minority. That said, there will be no free lunch, and no chain split unless things go terribly wrong. "Still, many crypto traders have the last few bitcoin forks permanently etched in their minds and associate hard forks with rising price and so the momentum is snowballing at the moment, especially in markets such as Japan and South Korea." Greenspan pointed to spiking volumes for Bitcoin Cash trades in Japanese yen and Korean won over the last few days. However, he added that trade in these currencies remains a small sliver of the market and is likely only contributing to continuing momentum in the market, rather than driving it. Bitcoin Cash is the fourth largest cryptocurrency by market value, with $23 billion in circulation. SEE ALSO: Citigroup is looking to hire bitcoin pros to sniff out risks in cryptocurrency DON'T MISS: Europe's venture capitalists embrace virtual currency craze NEXT UP: Someone transferred $99 million in litecoin — and it only cost them $0.40 in fees Join the conversation about this story » NOW WATCH: The market is about to reach an inflection point — here’s how to predict which way it’s going to go |
Bitcoin Cash has risen 80% over the last week
Business Insider, 1/1/0001 12:00 AM PST
Bitcoin Cash, which was spun-off from bitcoin last August, has risen over 80% against the dollar over the last seven days and it up 17% at 11.43 a.m. GMT (6.43 a.m. ET): The rally appears to be driven by an upcoming Bitcoin Cash fork — industry speak for another currency being spun out of the underlying code that runs a cryptocurrency. The fork aims to increase the processing power of bitcoin cash by increasing the size of the blocks of transactions that are processed. Mati Greenspan, an analyst with trading platform eToro, said in an email on Monday: "Bitcoin Cash is moving towards a hard-fork on May 15th. The planned fork that will increase the maximum block size from 8 MB to 32 MB and will also remove the SegWit protocol. "However, those looking to get a new coin or "dividend" out of this fork may be disappointed. If all goes smoothly, the new coin that is created from the fork will completely replace the old coin. Though there may be some who try to keep the old BCH alive, they will very likely be the minority. That said, there will be no free lunch, and no chain split unless things go terribly wrong. "Still, many crypto traders have the last few bitcoin forks permanently etched in their minds and associate hard forks with rising price and so the momentum is snowballing at the moment, especially in markets such as Japan and South Korea." Greenspan pointed to spiking volumes for Bitcoin Cash trades in Japanese yen and Korean won over the last few days. However, he added that trade in these currencies remains a small sliver of the market and is likely only contributing to continuing momentum in the market, rather than driving it. Bitcoin Cash is the fourth largest cryptocurrency by market value, with $23 billion in circulation. SEE ALSO: Citigroup is looking to hire bitcoin pros to sniff out risks in cryptocurrency DON'T MISS: Europe's venture capitalists embrace virtual currency craze NEXT UP: Someone transferred $99 million in litecoin — and it only cost them $0.40 in fees Join the conversation about this story » NOW WATCH: The market is about to reach an inflection point — here’s how to predict which way it’s going to go |
Indian Police Arrest Operators of $2.6 Million Bitcoin Ponzi
|
CryptoCoins News, 1/1/0001 12:00 AM PST Indian authorities have arrested two individuals accused of operating a bitcoin ponzi scheme that swindled some 300 bitcoins, approx. $2.6 million in current prices, from 5000 victims. The duo, alleged to be running a multi-level marketing (MLM) scheme that incentivized investors to lure in others into the scheme, promised high returns on bitcoin investments through The post Indian Police Arrest Operators of $2.6 Million Bitcoin Ponzi appeared first on CCN |
Bitcoin Struggles Above $9K as Bull Breakout Stalls
|
CoinDesk, 1/1/0001 12:00 AM PST Having witnessed a major breakout on Friday, bitcoin is showing signs of bull exhaustion near the key resistance zone. |
Taiwan Aims to Enforce Cryptocurrency Regulations by November
|
CryptoCoins News, 1/1/0001 12:00 AM PST Taiwan’s Minister of Justice, Qiu Taisan, has called for cryptocurrency regulations to be in place by November in the interest of preventing money laundering. Qui Taisan said the country’s Ministry of Interior, the Central Bank, the Bureau of Investigation and other entities will be involved in determining how to regulate bitcoin. Qui Taisan was interviewed The post Taiwan Aims to Enforce Cryptocurrency Regulations by November appeared first on CCN |
10 things you need to know in markets today
Travel Booking Site CheapAir Is Switching Bitcoin Payment Processors
|
CoinDesk, 1/1/0001 12:00 AM PST CheapAir.com is to switch bitcoin payment processors following a service change by Coinbase, but the new integration poses problems for users. |
Mt. Gox chief returns as an exec at a VPN giant
|
Engadget, 1/1/0001 12:00 AM PST
|
Former Mt. Gox CEO Mark Karpeles may still be on trial for embezzlement in Japan, but that isn't stopping him from playing an influential role in the cryptocurrency world. As part of an interview with Fortune, the one-time bitcoin exchange leader ha...
Alleged Bitcoin Miner Thief Says Police Held Him 'Without Evidence'
|
CoinDesk, 1/1/0001 12:00 AM PST Sindri Thor Stefansson, the alleged thief behind the "Big Bitcoin Heist," says he was free when he escaped from prison and flew to Sweden. |