Japan’s financial regulator will closely monitor and scrutinize bitcoin exchanges in the country from October. Japanese bitcoin exchanges will reportedly be under “full surveillance” by the Financial Services Agency (FSA), Japan’s financial regulator and watchdog. According to the Japan Times, the FSA will increase its scrutiny of digital currency exchanges by...
The Gibraltar Financial Services Commission, the financial watchdog for the British Overseas Territory, has announced it will put in place new regulations aimed at bringing oversight to the cryptocurrency exchange sector. In a September 22 statement, the commission said that, from January 2018, a new framework will regulate companies using blockchain to "store...
The ether-US dollar exchange rate (ETH/USD) witnessed a corrective rally to $330 levels today, with prices clocking an intraday high of $345. As discussed yesterday, the move comes at a time when the market continues to seek direction following China’s decision to ban initial coin offerings (ICO), a use case...
Roger Ver, a self-described bitcoin evangelist and a supporter of Bitcoin Unlimited (BU), has said a coin split would be good as he announces support for Bitcoin Cash (BCC). In the New York Times, he’s reported as saying: I actually think it would be a good thing if there is a split. The angel...
Suppose you wanted to bet on the outcome of a future bitcoin hard fork, how would you go about doing that? That very question came up last spring on BitcoinTalk when Roger Ver, the controversial investor and proponent of a particular brand of bitcoin scaling, gave a nod to a challenge from another investor....
Another government authority is warning the market about OneCoin, a cryptocurrency scheme widely suspected of being fraudulent. Following news that police in India had held OneCoin promoters in custody, and that they are brining charges against OneCoin founder Ruja Ignatova for fraud, the Austrian Financial Market Authority, the country's financial regulator, released a warning on...
Authorities in India have prepared charges against the founder of OneCoin, the digital currency investment scheme widely believed to be fraudulent. According regional news source The Indian Express, the Economic Offenses Wing of the Navi Mumbai Police has put together a charge sheet – in which allegations are formally laid out –...
Ethereum Classic, the fifth largest cryptocurrency, emerged as the strongest performer among the currencies with over $1 billion in market capitalization in the last 24- and 7-day periods, according to coinmarketcap.com. In the last seven days, it posted a 9.35-point gain when all the other billion dollar players lost...
Stellar Labs have had an ongoing program where they are giving away free Lumens to people who already hold Bitcoin. They explain this move by saying: To achieve a more inclusive digital economy. Per our mission, Stellar.org works to connect people to low-cost financial services. Giving away lumens for free...
PRAGUE, Czech Republic — W3C Gateway SE, an emerging financial services provider, is confirmed to launch its own merchant services and payment card to its clients before the end of 2017. W3C, which is creating 200 billion digital coins, has raised as $2 million through the crowd-sale within 24 hours, said CEO Juri Vasselli. Juri...