Michigan Bill Would Make It Illegal to Counterfeit Blockchain Data
Crime
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Crime
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Michigan Bill Would Make It Illegal to Counterfeit Blockchain Data

btcethereumadmin - June 13, 2018

A pair of bills submitted to Michigan's state legislature would make it a crime to illegally alter a blockchain record. One of two bills presented earlier this…

Tether Manipulation Pushed Up Bitcoin’s Price, Researchers Find
Bitcoin
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Bitcoin
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Tether Manipulation Pushed Up Bitcoin’s Price, Researchers Find

btcethereumadmin - June 13, 2018

The U.S. dollar-pegged tether has been used to support bitcoin's price during market downturns, a new study published by University of Texas at Austin professors. John Griffin…

Blockchain Is ‘Revolutionary,’ Says German Finance Regulator Chief
Crypto News
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Crypto News
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Blockchain Is ‘Revolutionary,’ Says German Finance Regulator Chief

btcethereumadmin - June 13, 2018

Felix Hufeld, chief of Germany's financial watchdog, has said blockchain technology is "revolutionary" and its applications could turn the entire financial sector "upside down." Hufeld, who is…

Korean Banks Can Use Blockchain to Verify Customer IDs from July
Crypto News
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Crypto News
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Korean Banks Can Use Blockchain to Verify Customer IDs from July

btcethereumadmin - June 12, 2018

A national banking group in South Korea is to roll out a blockchain-based ID verification system for domestic commercial banks in just weeks. According to a notice…

UK’s Financial Watchdog Issues Letter to Banks on Crypto Risks
Crypto News
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Crypto News
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UK’s Financial Watchdog Issues Letter to Banks on Crypto Risks

btcethereumadmin - June 11, 2018

The U.K.'s Financial Conduct Authority (FCA) has written to bank CEOs over the potential risks they face when dealing with cryptocurrencies. As the British regulator for around…

LA Bitcoin Trader Faces 30 Months in Jail for Illegal Money Business
Crime
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Crime
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LA Bitcoin Trader Faces 30 Months in Jail for Illegal Money Business

btcethereumadmin - June 11, 2018

A Los Angeles bitcoin trader faces more than two years in jail for having operated what prosecutors say is an illegal money transmitting business. Fifty-year-old Theresa Tetley, who…

CFTC Demands Crypto Exchange Data In Market Investigation
Crypto News
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Crypto News
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CFTC Demands Crypto Exchange Data In Market Investigation

btcethereumadmin - June 11, 2018

The U.S. Commodity and Futures Trading Commission (CFTC) has reportedly subpoenaed four cryptocurrency exchanges in a bid to obtain their trading data as part of an investigation…

Lithuania Issues Guidelines for When ICO Tokens Are Securities
Crypto News
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Crypto News
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Lithuania Issues Guidelines for When ICO Tokens Are Securities

btcethereumadmin - June 11, 2018

Lithuania's Ministry of Finance has issued guidelines on initial coin offerings (ICOs), outlining when cryptographic tokens would be viewed as securities and how each aspect of a…

Coinrail Exchange Hacked, Loses Possibly $40 Million in Cryptos
Crime
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Crime
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Coinrail Exchange Hacked, Loses Possibly $40 Million in Cryptos

btcethereumadmin - June 11, 2018

Coinrail, a cryptocurrency exchange based in South Korea, said on Sunday its platform has been hacked, with other sources suggesting it lost cryptocurrencies totaling as much as…

Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies
Bitcoin
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Bitcoin
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Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies

btcethereumadmin - June 9, 2018

The Securities and Exchange Commission of Thailand has unveiled the details of the country’s regulatory framework for cryptocurrencies and initial coin offerings, including licensing requirements, fees, and…