US Regulator’s Power Over Crypto Challenged in Court
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Bitcoin
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US Regulator’s Power Over Crypto Challenged in Court

btcethereumadmin - June 14, 2018

The US Commodity Futures Trading Commission (CFTC) is being challenged in court over its oversight of cryptocurrencies. The defendants argue that their tokens are not commodities, with…

Regulated Crypto Exchange Itbit Adds BCH, ETH, LTC, and XLM Products
Bitcoin
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Bitcoin
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Regulated Crypto Exchange Itbit Adds BCH, ETH, LTC, and XLM Products

btcethereumadmin - June 14, 2018

Regulated cryptocurrency exchange Itbit announced today that it has received approval from the New York State Department of Financial Services to add more cryptocurrencies to its product…

Thailand Expects to Approve Five ICO Projects out of 50
Bitcoin
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Bitcoin
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Thailand Expects to Approve Five ICO Projects out of 50

btcethereumadmin - June 14, 2018

The Thai financial regulator is expected to approve five ICO projects once the new regulatory framework takes effect this month. Out of 50 ICO projects in the…

Crypto Exchange Approved for Regulatory Sandbox License in Bahrain
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Bitcoin
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Crypto Exchange Approved for Regulatory Sandbox License in Bahrain

btcethereumadmin - June 14, 2018

A Dubai-based cryptocurrency exchange has reportedly become the first crypto exchange in the Middle East and North Africa (MENA) region to receive a regulatory sandbox license. The…

Coinbase Cryptocurrency Index Fund Now Open For Investment
Bitcoin
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Bitcoin
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Coinbase Cryptocurrency Index Fund Now Open For Investment

btcethereumadmin - June 13, 2018

Coinbase has opened up its index fund for accredited US investors, giving them exposure to all cryptocurrencies listed on its exchange GDAX. The company is now working…

Japan Cracks Down on Illegal Use of Computers to Mine Crypto
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Bitcoin
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Japan Cracks Down on Illegal Use of Computers to Mine Crypto

btcethereumadmin - June 13, 2018

The police in Japan are cracking down on the illegal use of personal computers for cryptocurrency mining. Multiple prefectural police departments are currently investigating one particular case…

CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair
Crypto News
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Crypto News
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CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair

btcethereumadmin - June 13, 2018

The former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the U.S. Federal Reserve to explore central bank-issued digital…

Report: Suspicious Transactions at Korean Exchange Coinrail Months Before Hack
Bitcoin
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Bitcoin
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Report: Suspicious Transactions at Korean Exchange Coinrail Months Before Hack

btcethereumadmin - June 13, 2018

Following the announcement by South Korean crypto exchange Coinrail that it has been hacked, a local publication reported that some banks had identified suspicious transactions at the…

Lithuania Unveils Detailed Cryptocurrency and ICO Guidelines
Bitcoin
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Bitcoin
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Lithuania Unveils Detailed Cryptocurrency and ICO Guidelines

btcethereumadmin - June 12, 2018

Lithuania’s Ministry of Finance has published comprehensive guidelines for cryptocurrency and initial coin offerings, covering four areas including regulations, accounting, and taxation. Also read: Yahoo! Japan Confirms Entrance…

Korean Exchange Upbit Paid Six People for Reporting Fraudulent Crypto Schemes
Bitcoin
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Bitcoin
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Korean Exchange Upbit Paid Six People for Reporting Fraudulent Crypto Schemes

btcethereumadmin - June 12, 2018

A major South Korean exchange, Upbit, has paid six people for reporting fraudulent crypto-related schemes. Ten cases were reported to the exchange and six of them were…