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Why Bitcoin Is Better Than Banks: Major Credit Card Breach Exposes 60M Accounts
8.10.2019
Sberbank, the largest bank in Russia with a regional and global presence, has suffered a major data breach. Personal information belonging to millions of clients is now being sold on the black market. Initial analyses suggest the trove of data for sale is real, highlighting the risks associated...
Crypto Donations to Politicians Are Unregulated in Japan: Report
8.10.2019
Japanese politicians are barred from accepting cash and security donations but can receive crypto assets, says internal affairs minister Sanae Takaichi
Economic Turmoil in Hong Kong Escalates as Colonial-Era Law Is Imposed
8.10.2019
Colonial-era law has been imposed in Hong Kong causing the economic situation to degrade further, with empty ATMs and bank runs becoming a new norm. Protestors and non-protestors alike fear the martial law-like ERO (Emergency Regulations Ordinance) could eventually grind the city’s financial...
UK Financial Regulator’s Crypto Investigations Surge 74% in 2019: Report
7.10.2019
The number of the U.K. Financial Conduct Authority’s investigations into crypto businesses surges 74%: from 50 cases in 2018 to 87 already in 2019
Crypto Outpaces Political Donation Laws in Japan
7.10.2019
A major Japanese news publication has reported that crypto donations to individual politicians are legal and do not need to be reported publicly as donations. Japan’s Ministry of Internal Affairs and Communications verified that even though it is illegal to donate cash or securities directly...
Hong Kong’s SFC Releases Regulations for Crypto Fund Managers
7.10.2019
Hong Kong’s Securities and Futures Commission has released guidelines for virtual asset portfolio managers
UAE’s Social Ministry to Grant $16K in Blockchain Contest
6.10.2019
The UAE Ministry of Community Development will host a blockchain contest with a total prize fund of $16,300
Liechtenstein Adopts Token Act to Attract Crypto Business
6.10.2019
One of Europe’s smallest but richest nations, Liechtenstein, has made a significant step towards clarifying the regulatory environment in its already crypto-friendly jurisdiction. The parliament of the German-speaking principality in the heart of Europe has just passed a law that is likely...
Paypal Exits Libra – Mastercard and Visa May Follow
6.10.2019
Facebook’s ambitious financial inclusion project, Libra, continues marching forward in spite of mountainous regulatory obstacles, but key members of the Libra Association are having doubts and dropping out. Paypal has now reportedly left the group due to regulatory concerns. Libra...
Turkish Government Freezes Over 3 Million Bank Accounts
5.10.2019
Hundreds of thousands of businesses and individuals with tax obligations to the Turkish state have received foreclosure notices this week informing them about their frozen bank accounts. The government of Turkey, which is struggling with financial and economic problems under geopolitical pressure...
New York State Financial Regulator Hiring Crypto and Blockchain Specialist
4.10.2019
The New York Department of Financial Services is looking to hire a specialist with expertise in virtual currencies and blockchain
US House Committee Demands Zuckerberg Testify About Libra Before January
4.10.2019
The U.S. House Financial Services Committee invites Facebook COO Sheryl Sandberg to testify on the condition that CEO Mark Zuckerberg follows suit by January
Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash
3.10.2019
Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit. Also Read: Bittrex...
Ohio Removes Option to Pay Taxes With Crypto While Local SLP Project Presses Forward
3.10.2019
The state of Ohio has become an unexpected center of American fintech focus in recent years, thanks to remarkable developments at the intersection of crypto, blockchain and government. That said, the online crypto portal that has allowed Ohio businesses to pay their taxes with bitcoin since last...
Bithumb Global to Initiate Talks with Indian Government to Launch Regulated Exchange
3.10.2019
South Korea based highly-reputed cryptocurrency exchange, Bithumb Global has announced that is gearing up to launch a regulated bitcoin exchange in India with an intention to proliferate cryptocurrency trade in the Indian market space. According to the news broadcast, Bithumb Global will strive...
US State of Ohio Suspends Service for Paying Taxes With Bitcoin
3.10.2019
Citing a possible regulatory issue with the program that allows Ohioans to pay taxes with crypto, state Treasurer Robert Sprague has suspended the service
27-Year-Old Pelosi Challenger Accepts Cryptocurrency Campaign Donations
2.10.2019
A young Congressional candidate in the U.S. is accepting crypto donations in her bid to unseat Nancy Pelosi
No Victim, No Crime: How the Darknet Drug War Is Ruining Young Lives
2.10.2019
There aren’t many areas of modern society unaffected by the draconian war on drugs, and non-violent crypto exchange is no exception. Two San Diego men in their twenties reportedly pleaded guilty on Monday to charges of money laundering conspiracy, for selling cannabis on the darknet...
Ecuador President Does Away with Fuel Subsidies
2.10.2019
In a development that could well prove to be divisive, the President of Ecuador announced on Tuesday night that the country is going to end subsidies that keep down the cost of fuel. Lenin Moreno, the current Ecuador president stated that in addition to the ending of subsidies, the government...
SEC Settles With Nebulous For Unregistered Offering of Sianotes in 2014
2.10.2019
Nebulous, the firm behind the Sia network, settles with the SEC over unregistered Sianote offering in 2014