Posted Date: December 13, 2018
The head of one of Europe’s largest asset managers, Allianz Global, has called for global regulators to “outlaw” crypto assets. The outburst from CEO Andreas Utermann came during a panel discussion in London.  Also read: Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering Cryptocurrencies Have “Wiped out People’s Savings” Allianz Global Investors chief Andreas Utermann […] The post Allianz Global Investors CEO Calls for Cryptocurrencies to Be Outlawed appeared first on Bitcoin News.

Posted Date: December 13, 2018
Japanese prosecutors are seeking a 10-year jail term for Mark Karpeles, the former CEO of Mt. Gox. The embattled Frenchman, who has been previously accused of diverting company money for prostitutes, business acquisitions and luxury items, is facing charges of transferring $3 million of client funds to his own account for investment in a software […] The post Former Mt. Gox CEO Could Face 10 Years in Jail Over Embezzlement appeared first on Bitcoin News.

Posted Date: December 13, 2018
Over the last couple of weeks, the Bitcoin Cash (BCH) community has been talking fervently about zero-confirmation transactions and a new pre-consensus mechanism called Avalanche. On Monday, Openbazaar developer Chris Pacia published a comprehensive description of the pre-consensus protocol that could theoretically bolster secure zero-confirmation BCH transactions. Also read: Onegold Customers Can Now Purchase Digital Bullion […] The post BCH Devs Discuss Securing Instant Transactions With the Avalanche Protocol appeared first on Bitcoin News.

Posted Date: December 13, 2018
Cryptocurrency banking provider Bitwala has started offering its banking service to cryptocurrency users in Germany, starting with 40,000 pre-registered customers. A spokesperson for the company has shared details with news.Bitcoin.com about this new service which will soon add support for additional countries and cryptocurrencies. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive […] The post Bitwala Begins Offering Bank Accounts With Bitcoin Wallet and Debit Card appeared first on Bitcoin News.

Posted Date: December 12, 2018
The Netherlands is seeking to regulate cryptocurrency companies, supposedly in a bid to prevent money laundering and alleged terrorist financing. All virtual currency businesses will now be required to obtain an operating license from De Nederlandsche Bank, the country’s central bank, under draft legislation designed to prevent crypto assets such as BTC from being used […] The post Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering appeared first on Bitcoin News.

Posted Date: December 12, 2018
In today’s edition of The Daily we cover another cryptocurrency venue that now requires verification from traders, the latest exchange to update the BCH ticker since the recent hard fork, a new solution for reporting crypto taxes for cannabis merchants, and a new way in which founders are demonstrating commitment to their crypto businesses. Also […] The post The Daily: CEX.io Enforces KYC, Okex Updates BCH Ticker appeared first on Bitcoin News.

Posted Date: December 12, 2018
Bitcoin was born as a wholly digital currency, and it might have remained that way had it not been for the efforts of an early adopter from Utah. His name was Mike Caldwell, but on the Bitcointalk forum, he was better known as Casascius. The physical bitcoin creator took a digital phenomenon and converted into […] The post Bitcoin History Part 4: Casascius Creates Physical Bitcoins appeared first on Bitcoin News.

Posted Date: December 12, 2018
Seven major crypto exchanges in South Korea have joined forces to create a sound cryptocurrency ecosystem. They have agreed on joint measures such as information sharing and real-time monitoring of abnormal transactions. Meanwhile, the Korean government is working on institutionalizing crypto exchanges. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Seven […] The post 7 Major Exchanges in Korea to Create Healthy Cryptocurrency Ecosystem appeared first on Bitcoin News.

Posted Date: December 12, 2018
Online bullion marketplace Onegold announced on Tuesday that its customers can now purchase precious metals with bitcoin cash (BCH) and bitcoin core (BTC). Onegold’s digital silver and gold products are fully allocated physical metals stored at the Royal Canadian Mint and can be redeemed at any time through Apmex. Also read: Only Five Bitcoin Mining Devices Released […] The post Onegold Customers Can Now Purchase Digital Bullion With Bitcoin appeared first on Bitcoin News.

Posted Date: December 12, 2018
If you hail a taxi in downtown London, you could wind up paying for more than just your fare. Pseudonymous cab driver Dave Jenkins is known as the Crypto Cabbie because as he drives passengers around London he provides the ability to purchase BTC. Also read: Only Five Bitcoin Mining Devices Released in 2018 Are Profitable […] The post This London Taxi Driver Sells Cryptocurrency to Passengers appeared first on Bitcoin News.