Bitcoin, Cryptocurrency and Fintech Headlines Blog

PBOC Deputy Governor Calls STOs ‘Illegal Financial Activity’ 0

PBOC Deputy Governor Calls STOs ‘Illegal Financial Activity’

Local media has reported that the People’s Bank of China (PBOC) has banned security token offerings (STOs). Pan Gongsheng, a deputy governor of the PBOC, has mobilized the same rhetoric used with regard to initial coin offerings (ICOs) in describing STOs, accusing security token offerings of comprising “illegal financial activity.” Also Read: Federal Agents Told This […]

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US Law Professor: Confusing Cryptocurrency Regulations Will Hamper Innovation 0

US Law Professor: Confusing Cryptocurrency Regulations Will Hamper Innovation

US Law Professor: Confusing Cryptocurrency Regulations to Hamper InnovationCarol Goforth is a professor at the University of Arkansas School of Law. She recently published a paper about the consequences of having cryptocurrency regulations fall under a number of conflicting laws, defined by various U.S. authorities, all at the same time. Also Read: IRS to Face Record Number of Crypto-Related Loss Claims Confusing, Prohibitive […]

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Crypto Downturn Thrusts Tether into Top 5 in Market Cap Rankings 0

Crypto Downturn Thrusts Tether into Top 5 in Market Cap Rankings

Tether (USDT) has recently found itself among the top five cryptocurrency assets by market cap – despite its own declining capitalization – due in part to the dramatic demise of other top currencies such as Bitcoin Cash and EOS. That’s particularly notable since Tether has shed around $700 million in assets since September – which

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Bitcoin Nothing More Than a ‘Lottery Ticket’: Harvard Economist 0

Bitcoin Nothing More Than a ‘Lottery Ticket’: Harvard Economist

Former IMF Chief Economist and current Harvard University Professor of Economics and Public Policy Kenneth Rogoff believes that bitcoin and other cryptocurrencies currently amount to little more than “lottery tickets” at this moment in time. Writing in the Guardian on Monday, Rogoff stated that while some believe that cryptocurrencies have had their day and are

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Gibraltar Exchange Obtains Insurance for Crypto Assets as Cyber Attacks Soar 0

Gibraltar Exchange Obtains Insurance for Crypto Assets as Cyber Attacks Soar

Gibraltar Exchange Buys Insurance Cover for Listed Crypto Assets as Cyber Attacks SoarWith cyberattacks on the rise, Gibraltar Blockchain Exchange (GBX) has announced an insurance policy to cover its digital assets in partnership with Gibraltar-based Callaghan Insurance. Cryptocurrencies held in both the hot and cold wallets of the trading platform will be insured. Also read: Report: Swiss City of Zug Named Fastest Growing Tech Hub in Europe Cyber […]

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UNICEF Chooses Six Blockchain Startups for Humanitarian Investment Venture 0

UNICEF Chooses Six Blockchain Startups for Humanitarian Investment Venture

Months after publishing a “blockchain call” to startups that could benefit humanity, the United Nations International Children’s Emergency Fund (UNICEF) has invested in six blockchain startups. In January 2018, UNICEF called for early-stage technology startups that were registered in one of UNICEF’s programme countries. It received over 100 applications from 50 different countries. The organization

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In Bear Market, Korea’s Biggest Crypto Project ICON Showed Solid Progress 0

In Bear Market, Korea’s Biggest Crypto Project ICON Showed Solid Progress

A goodbye note from Deblock’s now-former Head of Research revealed the progress of their ICON blockchain project in all these months. And they looked extremely positive. As he left the company to pursue his startup, Markus Jun noted ICON as one of the very few blockchain projects that showed significant accomplishments despite staying inside a

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UK Parliament Member Wants You to Pay Your Taxes with Bitcoin 0

UK Parliament Member Wants You to Pay Your Taxes with Bitcoin

A member of the British Parliament wants UK residents to be able to pay their local taxes and utility bills using bitcoin. Eddie Hughes, a conservative MP (member of Parliament) for the Walsall North constituency, said this would be a great first step toward mainstream adoption of crypto. Hughes said it’s time for other members … Continued

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