Posted Date: October 27, 2018
The Satoshi Revolution: A Revolution of Rising Expectations Section 5: Saving the World Through Anarchism Chapter 11, Part 5 In a Stateless Society, Crypto is Law and Justice The economic analysis of crime starts with one simple assumption: Criminals are rational. A mugger is a mugger…because that profession makes him better off, by his own […] The post Wendy McElroy: In a Stateless Society Crypto is Law and Justice appeared first on Bitcoin News.

Posted Date: October 27, 2018
The majority of cryptocurrency traders recorded losses on their investments last month, according to a report we’ve covered in The Daily. In this edition, we also look at the new debit cards allowing customers in Singapore to spend cryptocurrencies anywhere Visa is accepted and the decision of a large cryptocurrency mining company to move one […] The post The Daily: September Losses for Most Traders, Crypto Debit Cards Shipped in Singapore appeared first on Bitcoin News.

Posted Date: October 27, 2018
A commercial bank in the Czech Republic is now offering online services that combine traditional financial features with those for cryptocurrency users. Expobank CZ says its customers will be able to trade cryptocurrencies, invest in startups, and buy precious metals through their accounts. Also read: Bill Proposes Tax Holiday for Cryptocurrency Businesses in Ukraine Bank […] The post Czech Bank Launches Cryptocurrency-Friendly Services appeared first on Bitcoin News.

Posted Date: October 27, 2018
BTC is poised to make its Ethereum debut. An initiative involving several decentralized exchanges (DEXs) as well as crypto-custodians Bitgo will introduce ”BTC-backed” WBTC, with the W standing for “wrapped.” When WBTC launches in January 2019, it will enable ethereum-based ”bitcoin” to be traded on DEXs, boosting liquidity and opening the Ethereum ecosystem to a […] The post Wrapped Bitcoin Is Coming to Ethereum appeared first on Bitcoin News.

Posted Date: October 27, 2018
Belgium’s Financial Services and Markets Authority has updated the list of websites it says are cryptocurrency trading platforms showing signs of fraud. Twenty-one websites have been added to the existing list, bringing the total to 99 blacklisted sites. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 21 New Suspect Sites The Belgian Financial Services […] The post Belgium Adds 21 Websites to List of Fraudulent Cryptocurrency Trading Platforms appeared first on Bitcoin News.

Posted Date: October 27, 2018
Hong Kong-based cryptocurrency exchange Okex will delist 42 trading pairs on Oct. 31 for failing to meet its listing requirements. Tokens such as iconomi, read and prochain, all paired with BTC, have been cited as having “weak liquidity and trading volume.” Okex said the move will create “a robust trading environment.” Also Read: Visa CEO Plays […] The post Okex Cryptocurrency Exchange to Delist 42 Trading Pairs appeared first on Bitcoin News.

Posted Date: October 27, 2018
Some tin-foil hat conspiracy theorists believe government devised and built bitcoin as weaponized money to enslave the people. They think Big Brother made the technology to subjugate everyone, and that politicians are somehow benefiting from the technology. In an odd twist of logic, these people believe bitcoin represents a state-sponsored tool for control. Also read: Regulations […] The post Weaponized Money: Thoughts on the Creation and Control of Bitcoin appeared first on Bitcoin News.

Posted Date: October 27, 2018
In recent news regarding cryptocurrency exchanges, a member of the British Parliament has quit his role with a cryptocurrency exchange just four days after joining the company, analysts have estimated the daily volume of the over-the-counter (OTC) cryptocurrency markets to be $250 million, and Poloniex’s new terms of use have banned residents of Germany, China, Pakistan, […] The post Exchanges Roundup: UK MP Quits Ironx After Four Days, Daily OTC Volume Estimated at $250M appeared first on Bitcoin News.

Posted Date: October 27, 2018
Visa chief executive officer Alfred Kelly has said that cryptocurrencies are not a significant threat to his company’s electronic payments hegemony. He nevertheless indicated that the legacy financial intermediary may move into handling cryptocurrency if there is an incentive to do so. Also Read: Japan Approves Self-Regulation of Cryptocurrency Exchanges Kelly: Cryptocurrency More a Commodity Than […] The post Visa CEO Plays Down Cryptocurrency Threat, Indicates Possible Intervention appeared first on Bitcoin News.

Posted Date: October 27, 2018
In recent regulatory news, a Shenzhen court has ruled in favor of protecting an “equity transfer agreement” involving bitcoin, the judge presiding over a class action lawsuit against Coinbase has granted a motion to dismiss, and an Australian woman has been arrested for stealing 100,000 XRP following a 10-month investigation. Also Read: Regulations Roundup: SEC Considers […] The post Regulations Roundup: Shenzhen Court Recognizes Bitcoin, Coinbase Lawsuit Dismissed appeared first on Bitcoin News.