Posted Date: September 21, 2018
Following the hack of Zaif, one of Japan’s regulated crypto exchanges, the country’s financial regulator immediately responded, launching an emergency inspection of the exchange and a survey of all other crypto exchanges. Finance Minister Taro Aso has also commented on the situation. In addition, the recently established self-regulatory body has asked all exchanges to inspect […] The post Japanese Regulators Urgently Respond to Zaif’s Hack appeared first on Bitcoin News.

Posted Date: September 21, 2018
Seeking Alpha has published an exposé by Logan Kane regarding free stock and crypto trading smartphone application Robinhood. Mr. Kane alleges the company “takes from the millennial and gives to the high-frequency trader” by accepting payment for order flow and selling order data for “over ten times as much as other brokers who engage in the […] The post Robinhood Responds to Accusations of Favoring Wall Street over Its Users appeared first on Bitcoin News.

Posted Date: September 21, 2018
On Wednesday September 19, a committee of US bureaucrats sent an open letter to the Internal Revenue Service (IRS) in regard to the way cryptocurrencies are taxed. The representatives’ letter directed towards IRS commissioner David Kautter wants the taxation office to publish provisional guidelines on how digital currency transactions and investments should be handled when US […] The post US Representatives ‘Urge’ the IRS to Clarify Cryptocurrency Tax Guidance appeared first on Bitcoin News.

Posted Date: September 21, 2018
Over the past few years, there’s been a big problem with cryptocurrency related forums and censorship. This week an independent and uncensored version of Bitcointalk has launched called Bitcoincashtalk.org. Also read: Critical Bug Found in Bitcoin Core Invokes the Multiple Client Argument Bitcoincashtalk.org: Another Uncensored Forum for Bitcoin Proponents to Freely Discuss and Debate This Innovative […] The post A Censorship-Free Version of Bitcointalk? Developer Launches Bitcoincashtalk.org appeared first on Bitcoin News.

Posted Date: September 21, 2018
More than a dozen government officials, including former central bank governor and his deputy, have come under investigation in Liberia after $104 million of newly printed banknotes vanished from the state purse. Liberia has issued a travel ban to Milton Weeks, the ex-Central Bank of Liberia chief, his deputy Charles Sirleaf, son of former president Ellen […] The post Ex-Liberia Central Bank Chief Under Probe for Missing $104M, State Seeks FBI Help appeared first on Bitcoin News.

Posted Date: September 21, 2018
In recent news pertaining to cryptocurrency mining, Bitfury has announced a “suite” of products powered by the company’s new mining chip, a botnet that hunts and destroys XMR mining malware has been discovered by security researchers, and Soluna has announced that it will commence the construction of its Moroccan wind farm in January. Also Read: Weiss […] The post Mining Round-Up: New Bitfury Chip, Anti-Cryptojacking Botnet Discovered appeared first on Bitcoin News.

Posted Date: September 21, 2018
In recent regulatory news, an official representing the Monetary Authority of Singapore (MAS) has stated that no existing crypto tokens meet the regulator’s definition of a security offering; the chief accountant of the United States Securities and Exchange Commission (SEC) has emphasized the “fundamental” bookkeeping responsibilities of firms operating with cryptocurrencies; and the head of […] The post Regulations Round-Up: MAS Official Says Tokens Aren’t Securities, SEC on Bookkeeping Obligations appeared first on Bitcoin News.

Posted Date: September 20, 2018
The parliamentary report published by the UK Treasury Committee has advocated for regulation of the “wild west” crypto-assets sector. The report criticizes the “ambiguity” of the current stance of UK regulators, arguing that with effective regulations, the United Kingdom could become a “global center” for the emerging cryptocurrency sector. Also Read: Brazil’s Biggest Banks Under […] The post Treasury Committee Criticizes UK Regulators’ “Unsustainable” Crypto Stance appeared first on Bitcoin News.

Posted Date: September 20, 2018
Weiss, the financial ratings agency that recently took a shine to cryptocurrency, has caught flak over its latest claim. After Weiss Ratings issued a tweet predicting BTC to lose 50% of its market share to ETH, the firm was forced to backtrack in the face of widespread scorn. It’s not the first time Weiss has […] The post Weiss Ratings Backtracks After Tipping Ethereum to Beat Bitcoin appeared first on Bitcoin News.

Posted Date: September 20, 2018
The dust had barely settled on New York’s Virtual Markets Integrity Initiative when the exchanges profiled came out swinging. Kraken and Coinbase’s responses to the Attorney General’s report are featured in this edition of The Daily. Also, what can the cannabis bubble teach us about the bitcoin boom? Also read: 8 Surprising Findings from New York’s […] The post The Daily: Coinbase Denies Self-Trading, Kraken Gets Feisty appeared first on Bitcoin News.