Posted Date: January 11, 2019
China is coming down hard on blockchain companies, even though the government appears to favor blockchain over cryptocurrency. The Cyberspace Administration of China (CAC) announced new regulations on Jan. 10 that will compel blockchain platforms to eliminate “undesirable” content while giving authorities access to private stored data and to check the identity of users. Also […] The post China Announces New Regulations for Blockchain Companies to ‘Promote Healthy Development’ appeared first on Bitcoin News.

Posted Date: January 11, 2019
Bitwise Asset Management is the latest American financial firm to seek regulatory permission for launching a bitcoin ETF. The company thinks it should succeed in getting the SEC’s approval, which all other applicants have failed to do so far, by utilizing a new model for the instrument. Also Read: UK Crypto Ventures Raised Over $255 […] The post Bitwise Asset Management Files With SEC for New Bitcoin ETF appeared first on Bitcoin News.

Posted Date: January 11, 2019
Several known crypto companies have been granted licenses to operate from Gibraltar since the British overseas territory adopted business-friendly regulations for the nascent industry. According to Gibraltar’s trade minister, Albert Isola, the government is now focused on creating a “supportive environment” for the sector.   Also read: Cryptocurrency Exchanges Eye Russia for Expansion Despite Sanctions […] The post 5 Crypto Exchanges Have Been Licensed in Gibraltar Since Regulation appeared first on Bitcoin News.

Posted Date: January 11, 2019
How cryptocurrency can help the unbanked has been a hot topic over the past 12 months. It is a laudable goal, but one that it is by no means easy to accomplish. One tech enthusiast and stablecoin startup employee, Steven Gilbert, experienced the struggles – and successes – of attempting to do so when he […] The post The Struggles and Successes of Introducing Crypto to the Unbanked: A Social Experiment in Colombia appeared first on Bitcoin News.

Posted Date: January 11, 2019
The cryptocurrency mining manufacturer Bitmain may have a new chief executive officer in the near future according to regional reports. Bitmain’s director of product engineering, Haichao Wang, will apparently take the lead role within the corporation but no official timetable has been announced. Also Read: Nick Szabo: Central Banks May Turn to Cryptocurrency Reserves Over Gold […] The post Report Claims Chinese Mining Giant Bitmain Is Prepping for New Leadership appeared first on Bitcoin News.

Posted Date: January 10, 2019
The cryptocurrency markets have produced a slight retracement in response to bitcoin core (BTC) testing a long-term descending trendline dating back to December 2017’s record highs. The dip has seen bitcoin cash (BCH) slip back below $150, and BTC fail to hold above $4,000. As of this writing, ripple (XRP) has again overtaken ethereum (ETH) […] The post Markets Update: Bearish Momentum Grips Leading Cryptocurrencies After BTC Tests ATH Trendline appeared first on Bitcoin News.

Posted Date: January 10, 2019
Brexit and the sharp downturn in the cryptocurrency markets have not been able to stop the growth of the British crypto industry. End of year figures show that crypto-related companies in the United Kingdom have raised a total of over £200 million ($255.2 million) in capital venture funding during 2018. Also Read: Banking Agency Advises […] The post UK Crypto Ventures Raised Over $255 Million VC Funding in 2018 appeared first on Bitcoin News.

Posted Date: January 10, 2019
What can you buy with a virtual pocketful of satoshis? Why, anything and everything. Whatever goods or services you can purchase with BTC or BCH you can purchase with their smaller units of account – the satoshi, or ‘sat’ for short. With 100 million of them to every bitcoin, satoshis are as divisible as they […] The post It’s Time We Began Pricing Things in Satoshis appeared first on Bitcoin News.

Posted Date: January 10, 2019
The gambling and casino industry has been alert to the changes associated with modern technologies. Since its inception, it has relied on various inventions, whether a simple dice or a sophisticated blockchain betting platform. As advancements in technology speed up, the industry is transformed at a rapid pace as well to catch up with the reality of a highly digitalized world. The key purpose of gambling is winning a prize in a game with uncertain results. It has become immensely popular in different societies as it makes people experience a broad spectrum of emotions. It is winning that triggers particularly addictive perceptions and keeps gamblers on the edge of their seats. Nowadays, gamblers don’t even have to take seats outside their houses because leading-edge technologies enable them to place bets and play odds online. The post PR: Bitbook Launches Online Gambling and Betting Platform appeared first on Bitcoin News.

Posted Date: January 10, 2019
In today’s edition of The Daily we cover an ethereum wallet that’s added support for bitcoin cash, a deal that grants access to accepting payments in cryptocurrency to over 35,000 merchants, and the latest advancement in cross-chain atomic swaps. Also Read: Banking Agency Advises European Commission to Assess Common Crypto Approach Trust Wallet Adds Bitcoin […] The post The Daily: Trust Wallet Adds BCH, 35,000 Merchants Get Access to Crypto Payments appeared first on Bitcoin News.