Report Suggests Fortress Offers Mt. Gox To Buy Its Bitcoin Claims
bestadmin
According to reports, Fortress Investment Group plans to purchase bitcoin (BTC), claims from Mt. Gox creditors, as per a report by CoinDesk on July 8. Mt. Mt. In the following…
Crypto Ponzi Scheme, Bitcoin Wallet Has ‘No Cash To Pay out’
A lucrative South African "investment scheme," Bitcoin Wallet, which attracted hundreds of investors a day many of whom have clamored at the company's doors to invest, now has a shuttered…
Jerome Powell, Fed Chairman Compares Bitcoin to Gold
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee about Facebook's proposed Libra cryptocurrency. He hopes for an era in which multiple currencies can be used in the…
Upset Protestors Alleged Sets Fire To Bitcoin Ponzi Scheme Perpetrator’s Home
Paramedic-turned-bitcoin entrepreneur Sphelele "Sgumza" Mbatha's home was set on fire by protestors, who were upset due to the collapse of his Ponzi-like "investment scheme," as per Ladysmith Gazette. Bitcoin Wallet,…
Australian Senate Committe Recommends to Pass The KYC Bill To Regulate Bitcoin Exchanges
The Australian Senate Legal and Constitutional Affairs Committee published a document last week stating that"The Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2017 Soon, the bill will be passed. The…
What is a Security Token? SEC Issues Guidelines
There has been confusion in the cryptosphere about which tokens are securities according to the complex U.S Securities and Exchange Commission guidelines. The agency is now trying to clarify this…
Russian State-Owned Holding Giant Suggests Employing DLT For All Gov’t Data Systems
Rostec, a Russian state-owned holding company, proposes a roadmap for applying blockchain to all government data systems. This was reported by Kommersant , local financial newspaper , on May 24,…
US SEC Approves Blockstack’s Token Offering Under Regulation A+
The United States Securities and Exchange Commission (SEC), gives a thumbs-up to Blockstack, a blockchain-based startup, in order to conduct a $28,000,000 public token offering under Regulation A+. According to…
Philippines To Announce Final Draft For The Regulation Of Cryptocurrencies Soon
According to The Manila Times, the proposed legal structure could allow cryptocurrency exchanges operate as trading platforms. EphyroLuis Amatong, Commissioner of Philippine Securities and Exchange Commission, previously stated that a…
Securities Regulator Of Malaysia Registers Three Cryptocurrency Exchanges
According to a press release dated June 4, the Securities Commission (SC of Malaysia) registers three cryptocurrency exchanges Luno Malaysian, Sinegy Technologies, and Tokenize Technology. They are allowed up to…
