MIT Media Lab Director: ICOs Are ‘Attracting the Wrong People’

One of the people most responsible for the creation of a dedicated cryptocurrency research effort at a major U.S. university is speaking out against...

China’s Bitcoin Exchanges Are Shifting Business Models

Some of China's top bitcoin exchanges are now shifting to the over-the-counter (OTC) market in the wake of a crackdown by regulators in the country. In...

Blockchain and Cryptocurrency Regulations Are ‘Unnecessary,’ Reserve Bank of Australia

Australian central bank Reserve Bank of Australia’s (RBA) Payments Policy Department officials Tony Richards and David Emery have claimed that the cryptocurrencies and their underlying...

New Zealand Regulator: Cryptocurrencies Are Securities 

New Zealand's finance regulator has released new guidance on initial coin offerings (ICOs) and cryptocurrencies. In a statement published last week, the New Zealand Financial Markets Authority...

SEC: Celebrity ICO Endorsements Could Be Illegal

The U.S. Securities and Exchange Commission (SEC) has issued a warning to investors about celebrity-endorsed initial coin offerings (ICOs). The SEC – which released a...

Catalan Government Leaning Towards E-Residency Program

After declaring independence from Spain, Catalonia has now set its sights on developing a financial structure that would run parallel to the country. Catalan Sovereignty Following...

UAE Central Bank Governor Warns Against Use of Cryptocurrencies as a Medium of Payment

United Arab Emirates (UAE) Central Bank Governor Mubarak Rashid al-Mansouri has issued a warning to the public against the use of virtual currencies as a...

Japanese Financial Watchdog Issues Warning over ICO Risks

Japanese financial regulator, the Financial Services Agency (FSA), has issued a statement warning investors of the risks associated with initial coin offerings (ICOs). In the statement released Oct....

Russia’s Stance Towards Cryptocurrencies Remains Ambiguous

Speaking at the state-owned TV channel Russia 1, the country’s finance minister Anton Siluanov has stated that bitcoin will not replace ruble for internal...

Bitcoin Fork SegWit2x: eToro Draws Battle Lines While OKEx Could Service China

The Bitcoin industry continues to take different approaches to SegWit2x as eToro and OKEx issue their positions on the Bitcoin hard fork. In statements over the past...

Michigan Localbitcoins User Charged with Unlicensed Money Transmitting

A regular user of Localbitcoins (a facilitator of exchanging fiat currencies for bitcoin) was formally charged in United States District Court. The Michigan man is accused...

Boston Fed VP: DLT Could ‘Fundamentally Change’ Financial Industry

Jim Cunha, senior vice president of the Federal Reserve Bank of Boston, has said that distributed ledger technology (DLT) could "fundamentally change" many areas...

Central Bank of Lebanon Hints at State-Backed Cryptocurrency

H.E. Mr. Riad Salamé, the governor of Lebanon’s central bank, Banque Du Liban (BDL), told a gathering in Beirut the country’s government is examining...

SEC Details Enforcement Objectives of New Cyber Unit

The co-director of the United States Securities and Exchanges Commission (SEC)’s Division of Enforcement, Stephanie Avakian, has outlined the mission and enforcement aims of...

Japan’s Financial Authority Clarifies Stance on Initial Coin Offerings

The Japanese Financial Services Agency (FSA) has issued a statement regarding initial coin offerings (ICOs). In addition to risk warnings, the agency detailed how...

South Korea to Regulate Bitcoin as Commodity, Says Bank of Korea Governor

South Korean central bank Bank of Korea (BOK) governor, Lee Joo-yeol, has announced that Bitcoin will be regulated as a commodity rather than as a currency. The...

UK & Taiwanese Regulators Weigh-in on Bitcoin Laundering, France ponders ICOs

This past week has witnessed several developments in the sphere of cryptocurrency regulations. In recent days, the U.K. government has assessed bitcoin as possessing...

State Bank of Vietnam Declares Cryptocurrencies are now Illegal

Vietnam has always been an interesting region when it comes to Bitcoin. Although adoption seemed to rise, things are not evolving in the right...

South Korea Advances Crypto Bill Targeting Multi-Level and Door-to-Door Sales

South Korea is moving forward with a bill to regulate cryptocurrencies. According to the country’s Ministry of Justice, the bill will primarily focus on...

Michigan Man Busted for Unlicensed Bitcoin Exchange – Faces Jail Time

A man in Michigan is facing federal charges for operating an unlicensed Bitcoin exchange after selling over $55,000 USD of Bitcoin to undercover agents. There’s...

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Fidelity Charitable Received Over $100M in Crypto Donations Since 2015

Fidelity Charitable Received Over $100M in Crypto Donations Since 2015

Independent public charity Fidelity Charitable has received $100 million in cryptocurrency donations, according to its recently published report. In its “2019 Giving Report,” Fidelity Charitable...
Blockchain CEOs Fed Up With South Korean Regulation Approach: Report

Blockchain CEOs Fed Up With South Korean Regulation Approach: Report

South Korean Blockchain projects are ditching the domestic market due to regulatory headaches, mainstream media report. South Korean Blockchain Projects...
SEC Continues to Stall on BTC ETFs, All in Wait for Breakthrough

SEC Continues to Stall on BTC ETFs, All in Wait for Breakthrough

The long and uncertain road toward crypto exchange-traded funds (ETFs) being approved by the United States Securities and Exchange...
Bank of America Seeks to Patent Crypto Wallet That Works Like Valet Car Key

Bank of America Seeks to Patent Crypto Wallet That Works Like Valet Car Key

Bank of America is seeking to patent a “partitioned” security system for digital currency wallets that gives different users...
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Coinbase Admits Putting 3,500 Traders’ Crypto Funds at Risk

A bug could have lost the users of Coinbase a lot of money, confesses the exchange itself in its...