The legal woes of biotech company-turned-crypto miner Riot Blockchain don’t appear to be slowing down. In the firm’s latest 10-Q quarterly report, filed to the U.S. Securities and Exchange…
Category: Cryptocurrency
Cryptocurrency
Bitcoin Illegal: Saudi Arabia Monetary Authority – Bitcoin News
News Kingdom of Saudi Arabia (المملكة العربية السعودية) regulators issued a statement this week through its monetary authority. Cryptocurrencies such as bitcoin are illegal in the country. Citing “negative…
Abu Dhabi resident Down 85% After Taking $140K Loan to Buy Cryptocurrency – Bitcoinist.com
Cryptocurrency investing is risky business and one budding investor is feeling the pain after using a huge bank loan to build a losing cryptocurrency portfolio. DYOR and Steer Clear…
Insurance Ratings Bureau Pilots IBM Blockchain for Automatic Reporting – CoinDesk
The American Association of Insurance Services (AAIS) is turning to the IBM Blockchain platform to support a new automated insurance reporting tool, the organization announced Wednesday. Built on IBM Blockchain…
SEC Issues New Warning on IRA Fraud and Cryptocurrencies • Live Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has issued a new warning about individual retirement account (IRA) fraud and cryptocurrencies. Turning to Cryptocurrencies As people think more about their…
Brock Pierce and Company Will Bring Together Exchanges, and Regulators Around Spanish Crypto Summit • Live Bitcoin News
Brock Pierce, considered to be the central figure of cryptocurrency culture, tweeted about an upcoming event that will have all blockchain lovers, raving to go, or as crypto enthusiasts…
SEC Fines and Permanently Bars Founder of Fraudulent Oil Exploration Token – Bitcoin News
Regulation The U.S. Securities and Exchange Commission (SEC) has taken action against an oil and gas exploration company and its founder who “perpetrated a fraudulent initial coin offering (ICO)…
30% of UK Firms Hit by Crypto Mining Malware in a Month: Survey – CoinDesk
Almost a third of U.K. businesses said they had been hit by cryptocurrency mining malware within the previous month, according to new research. In a survey published by Citrix,…
Korean Blockchain Groups Blast Plan to Strip Crypto Exchange Benefits – CoinDesk
Several blockchain associations in South Korea are pushing back against a government plan they fear will stifle industry innovation. The groups are objecting to a proposal aired by South…
Ukraine Set to Recognize Cryptocurrencies as a Financial Instrument
Ukraine moved closer to regulating Bitcoin and other cryptocurrencies as financial instruments after head of the National Securities and Stock Market Commission (SSMCS) Timur Khromaev said the corresponding bill…
