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Chinese Regulators Question 8 Crypto Companies in Shenzhen


Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...

Indian State of Kerala to Produce 20,000 Blockchain Specialists in 2 Years


Beijing’s sudden rush into blockchain development and digital currency hasn’t gone unnoticed. From America to Europe and back to Asia, governments have started thinking about this new racetrack in more serious terms. India has a history of tensions with China, although the countries...

The State Encourages ICO Fraud. The Free Market Minimizes It  


Many Initial Coin Offerings (ICOs) have been and are frauds. The state enables this con game in various ways, including the establishment of accredited investors and the regulation of businesses that sell equity. Shut off from the most lucrative aspects of investment, average people rush into...

Italians Love Cash But Are Growing Fond of Crypto, New Stats Suggest


Italy, one of the world’s largest economies, has faced plenty of financial challenges in the past decade. That’s probably one of the reasons why cryptocurrencies have been faring better there than in other European countries. Italians love cash but are also warming up to...

Bitcoin.com Accelerates Cryptocurrency Adoption With Racer Endorsement


Luke Vanna and the Bitcoin.com car are competing for top honors in the Australian Toyota 86 Racing Series. Sports partnerships like this can introduce cryptocurrency to new audiences as well as attract more businesses to join the ranks of the many merchants already accepting bitcoin cash across...

Maduro Plans to Give Venezuelan Pensioners Petro as Christmas Bonus


Regional news outlets from Venezuela have revealed that President Nicolás Maduro plans to dole out petro as a ‘Christmas bonus’ for Venezuelan retirees and pensioners. Moreover, despite the fact that many Venezuelans say average citizens don’t use the petro, Maduro also...

Chinese Authorities Scrutinize and Report on Crypto Exchanges


According to a notice issued on weibo.com, and later confirmed as authentic by business publication Caixin, authorities in Shanghai appear to have dispatched officials for conducting reviews of area businesses engaged in cryptocurrency dealings, and are set to report back to financial regulators...

Bank of Lithuania Issues Guidelines on Security Token Offerings


Recognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings. The goal is to clarify applicable rules without introducing more regulations. Also read: Mario Draghi Leaves European...

Belarusian Bank Gets the Go-Ahead to Service Crypto Investors


A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic...

Despite Positivity, Businesses Cautious About Brexit


Thursday proved to be a momentous day for the United Kingdom as the country finally managed to agree to a deal to exit the European Union and it seems that the Brexit affair might be nearing its end. However, the deal will need to be passed by the Members of Parliament before the whole thing...

More Nations Join the Club of Crypto-Friendly Jurisdictions


Regulatory barriers are a major concern for businesses working with decentralized assets. Not all governments, however, are putting obstacles in front of crypto companies. In fact the number taking a crypto-friendly stance is in fact increasing. Also read: Ukraine in a Rush to Legalize...

Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin


The BCH-centric web portal Bitcoinbch.com published on October 13 an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, BCH transactions in the country exceed BTC transactions by a wide margin and BCH is...

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