Despite the assurances that Singapore will not regulate cryptocurrencies, its Monetary Authority of Singapore has issued new guidelines that outline how initial coin offerings or token sales would be…
UK Financial Authority Warns Investors Against Cryptocurrency Derivatives
British regulator, the Financial Conduct Authority, has issued a warning to investors against venturing into cryptocurrency contracts for differences (CFDs). The agency claimed that digital currency-based CFDs are considered…
DBS Bank Has Its Own Kodak Moment With Bitcoin
David Gledhill, group chief information officer at DBS, one of Asia’s largest banks, has put his opinion forward of what Bitcoin is. Gledhill has reiterated the point that many…
OKCoin Sells Bitcoin For $15k In Apparent Error, Goes Offline
Chinese exchange OKCoin is down after its markets began placing the price per Bitcoin at over $15,000. Reports on social media confirmed unusual behavior at OKCoin, which posted significantly…
Bitcoin Eyes $7k As Square Tests Bitcoin Payments
Bitcoin is breaking $7,000 again as p2p payments provider Square tests integrated crypto payments in its Cash app. As Forbes and others report Wednesday, Square has issued a rollout…
Brazilian Central Bank Ramps Up Blockchain R&D Efforts
The Brazilian central bank Banco Central do Brasil is ramping up its research and development (R&D) efforts on Blockchain technology. The central bank is reportedly experimenting with “just about…
Central Bank of Iran Plans Comprehensive Review of Cryptocurrency Policy
The Central Bank of Iran plans to conduct a comprehensive review of its policies covering Bitcoin and other cryptocurrencies. The move was made after the government-owned central bank has…
CME Group’s Regulated Futures Market May Enable Retail Giants to Accept Bitcoin
CME Group’s announcement that they will begin trading Bitcoin futures catapulted the Bitcoin market to new highs two weeks ago. Many Bitcoin investors are waiting with bated breath for…
Ukrainian Top Lawmaker Wants to Exempt Crypto Income and Profits from Taxation
Ukraine has been consistently moving towards legalizing Bitcoin in the country. The country has also endeavored to establish itself as a transparent nation by auctioning seized items through Blockchain…
Virtual Currency Exchanges and US Customers Beware, IRS is Coming: Expert Blog
In the aftermath of Satoshi Nakamoto’s groundbreaking paper in 2009, money began travelling via a new financial route – virtual currencies. The first Bitcoin exchange was established on February…