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Showing posts with the label 2018 at 01:48AM

Why Japan Could Represent the Future of Cryptocurrency

Japan has quickly emerged as a powerful hub for cryptocurrency . Liberal policies, a budding investment community and full embrace of blockchain technology makes a strong case for the world's third-largest economy becoming the center for everything crypto. Now, data on crypto trading as well as ... from Google Alert - cryptocurrency https://ift.tt/2GSACL3 via IFTTT https://ift.tt/eA8V8J

Japanese FSA Halts Two Cryptocurrency Exchanges

On April 6, 2018, Japan's Financial Services Agency (FSA) ordered cryptocurrency exchange Eternal Link to cease its operations effective immediately and demanded that FSHO suspend its business by Sunday, April 8. Per Reuters, both Eternal Link and FSHO were told to suspend their businesses for ... from Google Alert - cryptocurrency https://ift.tt/2JoXUWx via IFTTT https://ift.tt/eA8V8J

Dutch Finance Minister Addresses Cryptocurrency Regulation In Letter To Parliament

On March 8, 2018, the minister of finance for the Netherlands, Wopke Hoekstra (Christian Democratic Appeal party), published a six-page letter to the Dutch Parliament on the topics of cryptocurrency oversight and regulation. Hoekstra noted that an estimated 500,000 Dutch households are now in ... from Google Alert - cryptocurrency http://ift.tt/2p6njf6 via IFTTT http://ift.tt/eA8V8J

Bitcoin dives after SEC says cryptocurrency platforms must be registered

Some of the largest cryptocurrency trading platforms, like Coinbase Inc.'s GDAX, aren't registered as exchanges with the SEC and instead have money transmission licenses with separate states. In the case of the platform Gemini, it's regulated by the New York State Department of Financial Services as ... from Google Alert - cryptocurrency http://ift.tt/2tuCZgM via IFTTT http://ift.tt/eA8V8J

Rabobank May Launch A Cryptocurrency Wallet Service Tied To Bank Accounts, Rabobit

International Dutch financial services provider, Rabobank Group, appears to be doing a test flight for a cryptocurrency wallet service, "Rabobit." The idea was selected as one of 22 potential innovations for the bank's internal Moonshot acceleration program. Rabobank's accelerator allows employees to ... from Google Alert - cryptocurrency http://ift.tt/2GVG5Mn via IFTTT http://ift.tt/eA8V8J

JPMorgan Chase Admits Cryptocurrency Is a 'Risk' to its Business for the First Time

Despite JPMorgan Chase CEO Jamie Dimon having called Bitcoin a “fraud,” the big bank is now taking cryptocurrency very seriously—acknowledging the blockchain-based technology as a veritable threat to its future. In JPMorgan Chase's annual report, released Tuesday afternoon, the bank counted ... from Google Alert - cryptocurrency http://ift.tt/2Cr5BLg via IFTTT http://ift.tt/eA8V8J

Cryptocurrency | Local startup warned to halt operations in Japan

Macau-based company, Block Chain Laboratory Ltd, which has been encouraging investors in Japan to invest in cryptocurrency services, was warned by Japan's Financial Services Agency (FSA) to halt its operations since it is not licensed to do business in Japan. The local startup offers seminars and ... from Google Alert - cryptocurrency http://ift.tt/2EpwYH3 via IFTTT http://ift.tt/eA8V8J

Cryptocurrency Crackdown Continues With New Jersey Ban

As the promise of moderated regulation helped the price of Bitcoin rebound over $8,800, U.S. regulators are continuing their crackdown on firms in the cryptocurrency space. On Friday, the New Jersey Bureau of Securities ordered Bitcoin-related investment pool Bitstrade to stop offering its goods in New ... from Google Alert - cryptocurrency http://ift.tt/2EmvMjH via IFTTT http://ift.tt/eA8V8J

What does a Cryptocurrency Future Look Like?

A cryptocurrency or digital currency is essentially virtual funding managed by sophisticated encryption methods, collectively known as cryptography. It first manifested back in 2009 in the form of bitcoin and subsequently, there have been hundreds more that have followed. While the number of users of ... from Google Alert - cryptocurrency http://ift.tt/2G1UnL3 via IFTTT http://ift.tt/eA8V8J