Posted Date: November 16, 2018
This article about the problem with stablecoins was written by Kevin Murcko, the CEO at cryptocurrency exchange, CoinMetro, and forex broker, FXPIG. Stablecoins — digital coins which peg their value rigidly to the dollar, the euro, or a collage of national currencies — are all the rage right now. Tether, in particular, is on everyone’s […] The post Stablecoins Demand More Trust than Fiat Currency appeared first on Bitcoin News.

Posted Date: November 16, 2018
Japan’s top financial regulator, the Financial Services Agency, has unveiled a plan to regulate cryptocurrency wallet services. The regulator has put forward a number of regulatory measures as well as proposing how to implement them. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space The Plan The Financial Services Agency (FSA) held its ninth cryptocurrency […] The post Japanese Regulator Unveils Plan to Regulate Cryptocurrency Wallet Services appeared first on Bitcoin News.

Posted Date: November 16, 2018
France’s financial markets regulator, the Autorité des marchés financiers (AMF), has published a report examining trends relating to initial coin offerings. The AMF describes ICOs as a “marginal” method of financing, estimating that the global ICO industry has raised €19.4 billion ($21.9 billion) since 2014. Also Read: Russian Developers to Help Iran Build Its Crypto-Economy Significant […] The post French Financial Markets Regulator Estimates ICOs Have Raised $21.9B Globally Since 2014 appeared first on Bitcoin News.

Posted Date: November 16, 2018
Two mining companies with operations in Sweden have reportedly abandoned their facilities in the country’s northernmost county of Norrbotten. One of the companies, U.S. miner NGDC, appears to have suddenly fled from the area, leaving $1.55 million in unpaid electricity bills in its wake. Also Read: Seba Crypto Eyes Swiss Bank License, Independent Reserve Integrates Tax […] The post Miner Abandons Swedish County, Leaves $1.5M in Unpaid Electricity Bills appeared first on Bitcoin News.

Posted Date: November 16, 2018
Coinmine is a new startup that aims to make in-home mining accessible for non-technical users, based in Los Angeles and founded by Farb Nivi and Justin Lambert. The company has reportedly raised about $2 million from VC funds and angel investors such as Coinbase Ventures and Tinder Chief Product Officer Brian Norgard. Also Read: Kucoin […] The post Coinbase Ventures Backs Home Crypto Mining Startup Coinmine appeared first on Bitcoin News.

Posted Date: November 16, 2018
Today Thursday, Nov. 15, a majority of the cryptocurrency community is fixated on the contentious Bitcoin Cash (BCH) hard fork and watching the spectacle with great anticipation. At approximately 1:00 p.m. EST miners backing both implementations started the fork process in order to change the Bitcoin Cash protocol ruleset. Currently, at the time of publication, […] The post Hash Wars: The Bitcoin Cash Hard Fork Has Begun appeared first on Bitcoin News.

Posted Date: November 16, 2018
Plans by bitcoin mining equipment manufacturer Canaan to list shares on the Hong Kong stock exchange are now uncertain, as the Chinese company’s application for an initial public offering (IPO) expired on Nov. 14 — exactly six months after it submitted the documents to the Asian bourse. Also Read: Bitcoin ATMs Most Common Scam Payment Method […] The post Canaan’s Hong Kong Listing Plans in Limbo appeared first on Bitcoin News.

Posted Date: November 16, 2018
In recent regulatory news, a Canadian court plans to take custody of $19.5 million of funds that Quadrigacx deposited with the Canadian Imperial Bank of Commerce before they were frozen due to competing ownership claims. Also, New York state regulators have granted the 14th Bitlicense to New York Digital Investment Group, and it has been […] The post Canadian Court to Take Custody of Quadrigacx Funds, NYDIG Gets Bitlicense appeared first on Bitcoin News.

Posted Date: November 15, 2018
In recent exchange news, Seba Crypto AG has predicted that it will receive a Swiss banking license within the first half of 2019. We also look at the Independent Reserve, which has integrated a tax estimator tool into its user interface, as well as Point95 Global, which has announced plans to launch a “crypto quantitative […] The post Seba Crypto Expects Swiss Banking License, Independent Reserve Integrates Tax Tool appeared first on Bitcoin News.

Posted Date: November 15, 2018
The financial regulator of the Isle of Man recently introduced changes to its policy governing the registration of companies in the cryptocurrency industry. The British Crown dependency in the Irish Sea is also tightening rules applicable to projects that conduct initial coin offerings (ICOs). Also read: Vietnam at Crossroads on Cryptocurrency Regulations Financial Authority Adopts […] The post Isle of Man Updates Registration Rules for Cryptocurrency Businesses appeared first on Bitcoin News.