Iran Formally Allows Bitcoin Mining Despite Trading Ban

Iran will adopt a strangely paradoxical stance on Bitcoin as it legalizes mining while maintaining a ban on trading.  Central Bank: Bitcoin Mining ‘Should Be Done’ According to local media outlet Press-TV and others, Iran’s central bank plans to allow cryptocurrency mining some legal freedom following an uncertain few months.  As Iran battles increased US […]

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Bitcoin, Crypto Assets and Libra Attracting Strict Regulatory Scrutiny

Bankers, government officials, and regulators all over the world are feeling increasingly alarmed by the disruptive capabilities of Bitcoin, cryptocurrencies and blockchain technology. Facebook’s recently launched “cryptocurrency”, Libra, is the latest cause of fury, angst, and fear amongst regulatory bodies. Regulators Concerned Over Crypto Growth Threatened by the growing adoption of Bitcoin and other cryptocurrencies, […]

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The more it’s banned, the more people want it

With bitcoin currently trading at a $500 premium in India, Binance CEO, Changpeng Zhao (CZ), argues that the nation’s decision to outlaw cryptocurrencies is only driving more people towards decentralized assets. Binance Contests India Bitcoin Ban Binance CEO, CZ, posted a tweet this week commenting on India’s latest anti-bitcoin bill, which seeks to dish out […]

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New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses

Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be liable for losses whether not they occur due to negligence on the part of the operators. Bithumb Adopts FTC Directive According to The Korea Herald, Bithumb and four other exchanges in South Korea have updated […]

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From Bitcoin’s Surge To Facebook’s ‘Big Brother’ Coin: Week’s Top Stories

25-year-old oxygen-drain, Justin Bieber, challenged 56-year-old Scientologist, Tom Cruise, to a cage fight, calling him chicken if he doesn’t accept. But would we be better off putting our money on that… or Bitcoin? [hint: the answer’s Bitcoin] Bitcoin Price Hits 13-Month High The new normal is that there is no normal… so Bitcoin is back to […]

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From Bitcoin Holding $8K To AT&T Accepting BTC: Week’s Top Stories

This weekend, the Cote d’Azur sees the final day of the Cannes Film Festival and the glitz and glamour of the Monaco Grand Prix. Has the Bitcoin world been able to match that excitement this week? Bitcoin Price – Coiling Up For The Next Push? On the surface, one might almost believe that Bitcoin price […]

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Goldman-Sachs Backed Circle Blames ‘Restrictive’ US Laws for Layoffs

Bitcoin and crypto are rising, but Goldman Sachs-backed Circle laid off 10 percent of its workforce blaming a ‘restrictive’ regulatory climate. But is that just a smokescreen to mask Circle’s dwindling user base? SEC Bullish on Bitcoin, Bearish on Alts OK, so we may not call the SEC exactly ‘bullish’ on Bitcoin. In fact, quietly […]

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FinCEN Unveils New Bitcoin Guidelines: Here’s What You Need to Know

On Thursday (May 9, 2019), the U.S. Financial Crimes Enforcement Network (FinCEN) published new guidelines showing how anti-money laundering (AML) laws apply to Bitcoin and the rest of the cryptocurrency in general. Mandatory KYC for P2P Bitcoin Trading Platforms In a tweet published on Friday (May 10, 2019) notable cryptocurrency legal expert Jake Chervinsky provided […]

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India Cryptocurrency Ban Unlikely, Says CEO Of Exiled Zebpay

The CEO of Zebpay, which left India due to banking restrictions, says the rumored cryptocurrency blanket-ban is unlikely to happen. Ajeet Khurana was talking as the company announced the opening of a new headquarters in Melbourne, Australia.  Nobody Who Could Ban It Has Said They Will Speaking to Australian news site Micky, Khurana said that […]

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