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Regulation
AriseBank is a scam, court and business community confirm
AriseBank expelled from Texas because this organization is not a bank at all, and such brend baiting is illegal according to local courts. Find out who led the project and his previous business history
29 January 2018 21:00, UTC
Regulation
Prodeum ICO is a $6 million fraud
The leaders of Prodeum are not without chutzpah - before vanishing with the funds of clients, some of the managers has changed the project website into a blank page with a single obscene word on it
28 January 2018 21:00, UTC
Regulation
Monetary Authority of Singapore: Bitcoin’s fall won’t provoke new 2008
The central bank of one of the most developed financial hubs in Southeast Asia tells that his organization would interfere with the market when it’s needed, and implies it is easy to analyze it due to its size
28 January 2018 21:00, UTC
Regulation
Coincheck cryptocurrency exchange hacked: key facts
Find out the reaction of blockchain and cryptocurrency community to this event, when was Coincheck hacked, what promises the leadership of the exchange already made to victims and if Bitcoin price was affected - all in this material
28 January 2018 21:00, UTC
Regulation
Mining viruses infiltrate YouTube
Malvertising is slowly consuming advertising, and for a regular user there are less and less reasons not to use ad blockers. But this hurts the advertisement and marketing industry, with YouTube as the latest example
28 January 2018 21:00, UTC
Regulation
New ICO draft bill in Russia, this time from Central Bank, tells who and who cannot lead ICOs
Please do not confuse it with the latest bill proposed by the Finance Ministry of the Russian Federation, while this one mostly focused on initial coin offerings, the FinMin’s outlines more general principles
25 January 2018 21:00, UTC
Regulation
Nigerian regulator compares Bitcoin to gambling
African countries are especially interested in Bitcoin due to their fiat currencies’ poor state. The Central Bank of Nigeria decided to remind about volatility so that people were more careful
25 January 2018 21:00, UTC
Regulation
Theresa May: we should be looking at cryptocurrencies very seriously
The Prime Minister of Great Britain lets the press know what she thinks on digital currencies and their regulation. In short, she is skeptical about them and thinks they deserve attention
25 January 2018 21:00, UTC
Regulation
BitConnect might face court, plaintiffs accuse exchange of fraud scheme
BitConnect’s founders do not have a bright future: now they will have to answer before several angry investors who in total lost almost one million dollar (around $700,000). The collapse was not surprising, however - read the reasons below
25 January 2018 21:00, UTC
Regulation
Bitcoin robbers in Canada
A group of criminals decided to rob a Canadian cryptocurrency investment firm and tied four employees but little did they know that the police had already responded to the call of the fifth one they missed
24 January 2018 21:00, UTC
Regulation
New Russian draft law on cryptocurrencies allows coin trading after identification
The new draft has been published on the official website of the Russian Finance Ministry, and there is a reason to believe it will be approved by the President
24 January 2018 21:00, UTC
Regulation
South Korea seemingly calmed down with regulations after banning anonymous trades
The latest measure of South Korean government corresponds with older reports - they decided to force cryptocurrency traders to identify themselves, which is much, much better than total prohibition initially offered by the Justice Minister (who might have accidentally dropped the whole market)
23 January 2018 21:00, UTC
Regulation
SEC Chairman: lawyers not telling about “token equals security” principle are unacceptable
While previous SEC’s claims on ICOs were mostly about scammers or unfair businessmen, this one is dedicated to those lawyers who instead of doing their actual work just serve as figures which provide additional credibility to projects
23 January 2018 21:00, UTC
Regulation
IOTA hack: $4 mln stolen
The main tool of the hackers were 3rd-party websites offering to generate “random” keys - and it seems that those keys were not so random after all. This collective mistake of users led to $4 million losses and quite possibly, comparable reputational costs for the IOTA team
23 January 2018 21:00, UTC
Regulation
IMF not thrilled about people borrowing money to buy cryptos
European and Asian countries together with the United States will discuss joint cryptocurrency regulation on G20, and the International Monetary Fund representative decided to support the emerging trend of collaborative supervision, it seems
22 January 2018 21:00, UTC
Regulation
bitFlyer gets EU’s Payment Institution license - now it’s compliant with Japanese, US and European laws
bitFlyer became probably the world’s most compliant cryptocurrency exchange, as the media notes. Read below to see who gave the Payment Institutions license and what the company itself thinks on the event
22 January 2018 21:00, UTC
Regulation
Europol Executive Director: criminals start to use altcoins more often than Bitcoin
Due to the big popularity Bitcoin now has, criminals and hacker groups will move to altcoins similar to Monero and other privacy-focused digital currencies, reports say. Rob Wainwright, Executive Director of Europol, confirms this on his Twitter
22 January 2018 21:00, UTC
Regulation
Reports: People’s Bank of China forbids local companies engagement with cryptocurrency
The Chinese central bank has never been a fan of cryptocurrencies and has a stable policy, which means only one thing: the crypto market in China will die unless they suddenly change their mind. Recent reports tell about yet another prohibitive measure
21 January 2018 21:00, UTC
Regulation
Alleged BTC-e money launderer Alexander Vinnik requests political asylum in Greece
Alexander Vinnik, Russian citizen, who until recently lived in Greece, is accused of serious financial crimes by several U.S. law enforcement agencies. Find out why he has requested political asylum
21 January 2018 21:00, UTC
Regulation
Opera pre-installs new anti-mining measure in its ad blocker
In full accordance with previously voiced plans, the development team of Opera releases a set of measures intended for blocking in-browser mining scripts, to prevent a threat of tomorrow today
21 January 2018 21:00, UTC