Opinion
Survey reveals that American investors are looking to cash in from their Bitcoin investments by 2018.
Lisa Froelings
Lisa Froelings, is a productivity consultant with over four years of experience in human resources working for a major retailer in the US before she decided to build her own small business. Her interests include technology, user experience, cryptocurrencies and how they impact small businesses. You may connect with her on Twitter.
Majority of Bitcoin Investors Believe Cryptocurrency Performs Even Better in 2018: Survey Bitcoin Not a Threat to Financial Systems, Says US Chief Financial Regulator The US chief financial watchdog claims that Bitcoin not a threat to global financial system.
Blockchain Radically Changes the State-Individual Relationship, Says UK Think Tank Report recommends that UK use Blockchain ID management system to shift identity ownership from government to individual citizens.
South Korea’s Financial Services Commission Plans To Reverse ICO Ban South Korea’s Financial Services Commission (FSC) is also planning to introduce regulations for Bitcoin and other digital currencies.
How to Explain Bitcoin to Your Parents Explaining Bitcoin and cryptocurrencies to your family may not be that difficult after all. Here’s a primer.
- Analysis
Blockchain Technology Can Accelerate International Trade Flows, Say Industry Experts Why Blockchain will play a key role in accelerating international trade.
- Regulations
Why Financial Regulators Should Study Cryptocurrencies? Monetary regulators should study cryptocurrencies to better regulate them, according to Singapore’s Monetary Authority.
- Adoption
Ukrainian Top Lawmaker Wants to Exempt Crypto Income and Profits from Taxation The Ukrainian Parliament’s Committee on Tax and Customs Policy Chairperson, Nina Yuzhanina, has filed a bill suggesting tax exemptions on virtual currencies
Hong Kong Government to Establish Blockchain-Based Trade Financing System The government of Hong Kong is planning to create a Blockchain technology-based trade financing system.
- Adoption
Bitcoin Continues Usage Acceptance Especially in Australia Bitcoin has sustained its growing acceptance as a ‘complementary’ currency to the official monetary systems around the world, especially in Australia.
- Regulations
US Treasury Department Investigates Illegal Uses of Bitcoin US Treasury Department Secretary Steven Mnuchin announced that his department is conducting an investigation on the illegal applications of the leading cryptocurrency Bitcoin.
Germany’s Top Financial Regulator Warns Against Initial Coin Offering (ICO) Risks German regulator warns consumers of possiblility of fraudulent ICOs, recommends due diligence.
European Central Bank Denies the Issue of Ignoring Cryptocurrencies The ECB do not necessarily ignore cryptocurrencies but "don't pose any monetary risk because the amounts involved are marginal.”
ICO Vulnerable to Price Manipulation, Says SEC Head Jay Clayton US Securities and Exchange Commission chairperson claimed that the market for ICOs is very opaque and susceptible to price manipulation.
Threat of Cryptocurrencies Will Lead to Introduction of State-backed Digital Currencies, Citigroup CEO Citigroup CEO has projected that the threat posed by Bitcoin and other digital currencies in the existing global financial system will give rise to state-supported virtual currencies.
Canada’s York Regional Police Warn Against Bitcoin Tax Scam Canada’s York Regional Police have warned citizens against a Bitcoin tax scam after fraudsters have victimized more than 40 residents in the area.
ICOs Immature, Regular Stock Exchanges Best Method to Raise Money: Nasdaq Vice Chairman Nasdaq vice chairman says that ICOs are still very immature as a funding method and that the stock exchange is still the best place for companies to raise money.
- Adoption
Deloitte Reports More Than 26,000 Blockchain Projects Launched in 2016 Professional services major Deloitte claims that over 26,000 new Blockchain technology-based projects were launched on the code repository GitHub in 2016.
- Regulations
Cryptocurrencies Face No Future Due to Their Anonymity, Says French Banking Exec French banking major Societe Generale CEO claims that the virtual currencies are unlikely to survive in the long term as governments around the world introduce steps to regulate them.
Blockchain to Secure Digital Crime Evidence, British Ministry of Justice Official UK’s Ministry of Justice technical architecture lead, Alistair Davidson, has claimed that Blockchain has great potential as a tool for securing and verifying digital evidence in a criminal investigation.
Australia and China Sign Agreement for Financial Technology Cooperation The China Securities Regulatory Commission and the Australian Securities and Investment Commission signed a fintech cooperation agreement to advance innovation with each countries’ markets.
- Regulations
Reserve Bank of India Hints on Possible Ban on Cryptocurrencies India’s central bank, Reserve Bank of India (RBI), has announced its plan to ban the use of virtual currencies as a form of payment across the country but has shown its support to Blockchain.
State Bank of India Launches Blockchain Technology-Based Know Your Customer System The State Bank of India has announced that it is due to implement Blockchain technology in the management of Know Your Customer protocols.
Fork Supporters Prepare to Implement SegWit2x Fork Fork supporters and developers are preparing to implement the SegWit2x fork by Nov. 16.
South Korean Exchange Coinone Adds Litecoin to Its Platform Major South Korean exchange Coinone has added the fifth biggest digital currency Litecoin to its platform as of early November 2017.
- Regulations
Digital Currencies, ICO-Based Tokens Are Securities, Says Kiwi Finance Regulator The New Zealand Financial Markets Authority (FMA) has claimed that the cryptocurrencies or any initial coin offering (ICO)-derived token will be considered as a security in the country.
- Regulations
Cyprus Securities and Exchange Commission Plans Blockchain-Based Electronic Payment System The Cyprus Securities and Exchange Commission (CySEC) has announced its intention to integrate Blockchain or distributed ledger technology (DLT) to its electronic payment system.
- Regulations
SEC Warns Celebrity-Endorsed Initial Coin Offerings Could Be Illegal The US Securities and Exchange Commission (SEC) has warned that the initial coin offerings (ICO) that were endorsed by celebrities could be illegal.
- Adoption
Iranian Government Plans New Infrastructure for Bitcoin Users Iranian government plans to implement a new infrastructure for Bitcoin users in the country.
Californian Professor Prefers Central Bank-Backed Digital Currencies Over Decentralized Cryptocurrencies Well-respected University of California Professor Barry Eichengreen has claimed that he favors the use of central bank-issued virtual currencies over decentralized cryptocurrencies.