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Showing posts with the label 2018 at 11:22AM

Central Bank Issued Cryptocurrency Proposed by Former Fed Governor

The Swiss National Bank explains that issuing a national cryptocurrency runs the risk of pretty nasty bank runs since this concept would put the SNB directly in the position of acting as a commercial bank to end customers rather than as a lender of last resort. On the other hand, the idea of implementing ... from Google Alert - cryptocurrency https://ift.tt/2FQsk0V via IFTTT https://ift.tt/eA8V8J

Can the FSA Support the Cryptocurrency Market While Protecting Customers?

Legal revisions were enacted in April 2017 approving virtual currencies as a form of payment and requiring cryptocurrency exchanges to register with the Japanese government. A world first, this regulation aimed to protect consumers while developing the cryptocurrency market. However, the move was ... from Google Alert - cryptocurrency https://ift.tt/2KIF9Ok via IFTTT https://ift.tt/eA8V8J

Here's Why Warren Buffett is Already Invested in Ripple (XRP)

Warren Buffett was at it again this week touting his disdain for the cryptocurrency market. Having famously warned of the markets impending “bad ending” some months ago, the investment guru is back in the headlines slamming none other than Bitcoin (BTC). Pulling his punches from the entire ... from Google Alert - cryptocurrency https://ift.tt/2FMY4nt via IFTTT https://ift.tt/eA8V8J

RewardExpert Survey Shows Top 10 States For Cryptocurrency Usage and Interest

Cryptocurrency speculators interested in the prospect of localized interaction with quickly-growing blockchain startups and organizations should pay careful attention to the first list of states. These areas have made themselves known as hubs for the budding technology and are often the ideological ... from Google Alert - cryptocurrency https://ift.tt/2KCim6Q via IFTTT https://ift.tt/eA8V8J

Japan's SBI unveils plans for its cryptocurrency exchange

SBI Holdings has updated its plans to fully launch a cryptocurrency exchange to list major cryptocurrencies including bitcoin (BTC), bitcoin cash (BCH), ethereum (ETH), ans ripple (XRP). The company had planned for SBI Virtual Currencies to launch in the autumn of 2017 and at the latest the beginning ... from Google Alert - cryptocurrency https://ift.tt/2HEwpa4 via IFTTT https://ift.tt/eA8V8J

Cryptocurrency explained: Why the value of cryptocurrency has decreased

According to Johan Bezuidenhout of Leetpro, a local cryptocurrency mining business in Mbombela, there has been a decline in the sale of mining rigs ... According to Jacques Serfontein of Bitmart, a local business which trades in both cryptocurrency mining equipment and cryptocurrencies, there has ... from Google Alert - cryptocurrency https://ift.tt/2KmvYD1 via IFTTT https://ift.tt/eA8V8J

Startups Love This Cryptocurrency Strategy. Regulators Say Not So Fast.

WASHINGTON—Startups are raising money from venture capitalists and other wealthy investors by rewarding them with new cryptocurrencies, in a bid to avoid much of the cost and regulation of traditional stock sales. One problem: Regulators haven't recognized the arrangement as a valid way to raise ... from Google Alert - cryptocurrency https://ift.tt/2Fd2nIl via IFTTT https://ift.tt/eA8V8J

Imperial Play to Accept CashBet Coin for Cryptocurrency Payments

“At Imperial Play, we strive to provide the best user experience to our players around the world, and cryptocurrency integration is a huge step forward in this effort,” said James Poole, CEO of Imperial Play. “CashBet Coin allows us to upgrade and improve our payment structure in a way that would not ... from Google Alert - cryptocurrency https://ift.tt/2HmNMA4 via IFTTT https://ift.tt/eA8V8J

Rappers, Ravens and Lord of the Rings: In Crypto Coin Game, 'Dope' Names Pay

It's of little surprise that the name has proven so hot in the crypto world - "Lord of the Rings" is, after all, the geek culture equivalent to Shakespeare, and there's no lack of geeks in the cryptocurrency community. Indeed, cryptocurrency projects of all kinds are branding themselves or their coins with ... from Google Alert - cryptocurrency https://ift.tt/2vEvAwa via IFTTT https://ift.tt/eA8V8J

WikiLeaks calls for Coinbase boycott after ban from cryptocurrency exchange

Bitcoin advocate Andreas M. Antonopoulos noted the move shows “we have come full circle,” pointing out that for many people, interest in cryptocurrency was ignited when major financial providers boycotted WikiLeaks in 2010. Paypal, Visa, Mastercard, and Bank of America all prohibited donations to ... from Google Alert - cryptocurrency https://ift.tt/2qR64OD via IFTTT https://ift.tt/eA8V8J

Cryptocurrency Firms, Investors Seek Exemption From SEC Oversight

The SEC has launched a broadside against many cryptocurrency deals, saying virtual tokens issued by startups are investments that should be regulated as securities, subjecting the firms to extensive federal oversight. The industry faces an alphabet soup of regulators—from the SEC to the Commodity ... from Google Alert - cryptocurrency https://ift.tt/2vrkACu via IFTTT https://ift.tt/eA8V8J

SEC issues subpoena to cryptocurrency company Riot Blockchain

The Securities and Exchange Commission has issued a subpoena to Riot Blockchain, the cryptocurrency company whose stock skyrocketed after changing its name, the company said on Tuesday. Riot's annual 10K report disclosed that it had received the SEC subpoena on April 9 "requesting certain ... from Google Alert - cryptocurrency https://ift.tt/2vo1NYR via IFTTT https://ift.tt/eA8V8J

RBI's Crackdown To Shatter Cryptocurrency Business In India, Say Stakeholders

New Delhi: The Reserve Bank of India's (RBI) announcement on cryptocurrency has not only stirred the market but left both the traders and investors in a state of loss with many of them thinking of wrapping up their operations. "This unprecedented move by the RBI has stirred the market and impacted the ... from Google Alert - cryptocurrency https://ift.tt/2H1fZvY via IFTTT https://ift.tt/eA8V8J