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Author: Jeffrey Gogo

Bermuda Issues Draft Crypto Custodial Services Regulation

Bitcoin, Bitcoin News, breakingnews, Crypto, crypto news, Cryptocurrency, NewsPosted on December 22, 2018 Jeffrey Gogo

Economy & Regulation The Bermuda Monetary Authority (BMA), the island’s foremost financial services regulator, has published a draft regulation for cryptocurrency custodial services. The regulation – Code of Practice…


Brazilian Supermarket Chain Now Accepts Payment in Bitcoin

Bitcoin, Bitcoin News, breakingnews, Crypto, crypto news, Cryptocurrency, NewsPosted on December 21, 2018 Jeffrey Gogo

Fintech A Rio de Janeiro supermarket chain, Oásis Supermercados, is now accepting payment in bitcoin core, bitcoin cash and litecoin. It joins a growing number of Brazilian businesses in…


Former Mt. Gox Ceo Faces Jail Over Embezzlement in Japan

Bitcoin, Bitcoin News, breakingnews, Crypto, crypto news, Cryptocurrency, NewsPosted on December 12, 2018 Jeffrey Gogo

News Japanese prosecutors are seeking a 10-year jail term for Mark Karpeles, the former CEO of Mt. Gox. The embattled Frenchman, who has been previously accused of diverting company…


The Netherlands to Regulate Cryptocurrencies to Curb Money Laundering

Bitcoin, Bitcoin News, breakingnews, Crypto, crypto news, Cryptocurrency, NewsPosted on December 12, 2018 Jeffrey Gogo

Economy & Regulation The Netherlands is seeking to regulate cryptocurrency companies, supposedly in a bid to prevent money laundering and alleged terrorist financing. All virtual currency businesses will now…


British Lawmaker Proposes Tax, Utility Bill Payments in Bitcoin

Bitcoin, Bitcoin News, breakingnews, Crypto, crypto news, Cryptocurrency, NewsPosted on December 11, 2018 Jeffrey Gogo

Finance U.K. lawmaker Eddie Hughes has proposed that taxpayers should have the option to pay council tax and utility bills in cryptocurrencies such as BTC. The 50 year-old conservative…


FINMA: Crypto Startups Can Handle up to $100M Deposits

Bitcoin, Bitcoin News, breakingnews, Crypto, crypto news, Cryptocurrency, NewsPosted on December 4, 2018 Jeffrey Gogo

Economy & Regulation Crypto-asset companies can now apply for licenses to handle as much as 100 million Swiss francs ($100 million) in public deposits under new regulations published on…


Report: Bitcoin Mining Doesn’t Fuel Climate Change, it Benefits the Global Economy

Bitcoin, Bitcoin News, breakingnews, Crypto, crypto news, Cryptocurrency, NewsPosted on December 3, 2018 Jeffrey Gogo

Mining The majority of bitcoin miners — about 78 percent — use renewable energy to power their mining operations, while preventing surplus electricity from going to waste in countries…


Nigeria’s Union Bank Threatens to Shut Down Cryptocurrency-Related Accounts

Bitcoin, Bitcoin News, breakingnews, Crypto, crypto news, Cryptocurrency, NewsPosted on November 27, 2018 Jeffrey Gogo

Emerging Markets A large commercial bank in Nigeria has threatened to shut down an undisclosed number of cryptocurrency-related accounts without explanation. Lagos-based Union Bank claims that any decision to…


Uganda to Regulate Cryptocurrency as Fake bitcoin Schemes Surge

Bitcoin, Bitcoin News, breakingnews, Crypto, crypto news, Cryptocurrency, NewsPosted on November 24, 2018 Jeffrey Gogo

Economy & Regulation Uganda will seek to regulate crypto assets to prevent criminals from exploiting digital currencies to scam citizens. This comes as thousands of Ugandans have fallen victim…


Nigeria’ s Abubakar Promises Cryptocurrency Policy If Elected President

Bitcoin, Bitcoin News, breakingnews, Crypto, crypto news, Cryptocurrency, NewsPosted on November 22, 2018 Jeffrey Gogo

Emerging Markets Nigeria’s main opposition leader and former vice president, Atiku Abubakar, has said the country will adopt blockchain technology and cryptocurrency if he is voted into power. In…


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