Month: September 2017

Regulation Chinese media outlet Jinse.com has reported that laws governing the use of virtual currencies in China will be enacted on October 1st 2017. Jinse states that Chinese cryptocurrency regulations were incorporated into the nation’s “General Principles of the Civil Law of the People’s Republic of China” legislation, which was voted on and passed on March 15th. Also Read: Chinese Bitcoin Exchange Executives Allegedly Must Remain in China Virtual Currencies Are Expected to Be Legislated As “Virtual Property” Read more …

As the world’s second largest Ethereum exchange market, South Korea is evolving into an Ethereum powerhouse with a rapidly growing number of active developments, domestic projects and communities. In a move that wasn’t surprising, on Sep. 21 South Korea has passed China in total Bitcoin trading volume.   Earlier this week, the biggest Ethereum meetup in history was hosted in Seoul, with representatives and speakers from Casper, Plasma and OmiseGO. Influential figures in the industry including Ethereum co-founder Vitalik Buterin, Read more …

The SEC has made good on its warning to ICOs regarding tokenization schemes as unregistered securities. The charges were leveled at REcoin and DRC (Diamond Reserve Club), both ICOs founded by Maksim Zaslavskiy. Real estate coin scam REcoin was initially touted as a coin offered with backing in real estate assets purchased with proceeds from the ICO. Zaslavskiy told investors that the company had a ‘team of lawyers, professionals, brokers and accountants’ that would complete the purchases, when in fact, no one Read more …

Investments follow trends, just like everything else. In the 1970s, anything with ‘tronics’ in its name was a hot item. In the late 1990s, ‘dotcom’ immediately garnered attention. Now, according to Bloomberg, companies embracing ‘digital technologies’ or Bitcoin are the newest Wall Street fad. Overstock and Goldmoney The evaluation is based on news this week regarding a couple of different companies who have embraced digital currencies and have seen substantial upticks in share price and therefore market cap. This indicates a Read more …

Interview Just recently news.Bitcoin.com reported on a planned hard fork on the Bitcoin network slated for October 25 called Bitcoin Gold (BTG). There’s a lot of controversy surrounding this fork as the BTG team is very unorganized and the project is also tied to those perpetuating the NO2x movement. Also read: Another Fork? Bitcoin Gold Project Plans to Fork Bitcoin Next Month Bitcoin Gold: A Very Unorganized Plan to Hard Fork Bitcoin With Connections to the NO2x Movement Read more …

Bitcoin and other cryptocurrencies are unlikely to weaken the Fed Reserve’s influence on the U.S. economy. That’s according to the president of the Federal Reserve Bank of Philadelphia, Patrick Harker, who issued the new remarks on the second day of a fintech event hosted by his organization, one of 12 regional institutions that today comprise the U.S. central banking system. But while some have worried that the rise of a cryptocurrency would make it harder for the Fed to manage the rate Read more …

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Manufacturer of motor oils POLYMERIUM announces the start of pre-sale of tokens (Pre-ICO) Before the launch of ICO, the main selling of tokens, the manufacturer of motor oils POLYMERIUM announces the sale of tokens with a Read more …

It might seem that lately, the world of high-finance want nothing more than to drop a proverbial load all over Bitcoin but CEO of leading global financial services firm Morgan Stanley, James Gorman, offered words to support the contrary on Wednesday. Speaking at a conference hosted by The Wall Street Journal, he said he considered Bitcoin to be “certainly more than just a fad.” Whilst claiming yet to have invested himself, he went on to say: I’ve talked to a lot Read more …

Emerging Markets Japan’s Finacial Services Agency (FSA) announced last Friday that they are endorsing 11 different cryptocurrency exchanges. This sets Japan on a path to becoming the headquarters for everything Bitcoin, especially since China recently crippled their crypto market by banning exchanges. This means Japan now represents one of the most cryptocurrency-friendly countries in Asia.  Also read: India’s Multi-Currency Exchange Will List Bitcoin Cash in Two Weeks Bitflyer CEO Comments on Japan’s Pro-Bitcoin Attitude One of the exchanges Read more …

The first stage of the PlusCoin has clearly been a success so far. Investment expectations have been surpassed, and the grassroots movement of everyday people behind the “People’s cryptocurrency” is in full swing. Cryptocurrency is getting more accessible for people all around the world. With fewer than five days left until the beginning of stage two of the ICO, the DS Plus Team is making four major announcements:   PlusCoin Sale: For the final five days of the first stage Read more …

News According to public records, another company has filed with the U.S. Securities Exchange Commission to create two bitcoin exchange-traded funds (ETF) based on Bitcoin derivatives. ETF firm Proshares Capital Management aims to get its bitcoin-futures products listed on the New York Stock Exchange (NYSE) with a proposed maximum aggregate offering price of $1M per ETF. Also read: Ledger Holdings Generates $11.4 Million to Open U.S. Bitcoin Options Exchange U.S. Firm Proshares Files for Two Bitcoin ETFs Read more …