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Tax on Crypto Is a Self Goal; President Trump Is Right to Call the FED Crazy: Ron Paul
Former U. S. Presidential candidate Ron Paul has published an article advising against taxation on cryptocurrencies and precious metals in order to avoid a looming financial crisis. Paul is hard-hitting in his article and goes as far as calling the US Federal Reserve’s recent increase in interest rates a “crazy” idea. дальше »
2018-10-31 19:59 | |
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Bitcoin Trader Faces Five Years in US Jail for Unlicensed Money Transmitting Business
Bitcoin trader Jacob Burrell-Campos pleaded guilty this week in a U. S. federal court to operating an unlicensed money transmitting business. The 21-year-old San Diego native is now awaiting sentencing and faces a maximum of five years in jail. дальше »
2018-10-31 18:50 | |
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New Study: 60% of Voters Believe Crypto Donations Should Be Legal
A Clovr survey of 1,023 registered voters in the United States found that 60% of respondents thought it should be legal to donate crypto in federal elections. Clovr, a “company focused on promoting the mainstream adoption of blockchain technology,” has carried out a few surveys to gauge people’s attitudes about cryptocurrency. дальше »
2018-10-31 10:00 | |
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Ron Paul Admonishes Fed, Comes out Against Crypto Taxes in New Blog Post
Former US Congressman Ron Paul believes that tax-free cryptocurrencies may help navigate the economy past recession. Paul, the consummate libertarian and eternal critic of the Federal Reserve, believes that the abolition of crypto taxes may help avoid a crisis similar to 2008’s recession. дальше »
2018-10-31 04:00 | |
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German Regulator Advises Investors to “Keep Their Hands Off” ICOs
The president of BaFin, Germany’s financial watchdog, is supportive of a global regulatory framework for initial coin offerings (ICOs). Critical of cryptocurrency financial rounds, Felix Hufeld advises private investors to “keep their hands off such things”. дальше »
2018-10-31 02:00 | |
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Survey: 60% of US Voters Support Bitcoin Donations in Federal Elections
A poll conducted by IT firm Clovr has found that 60 percent of participants who are eligible voters are in favor of legalizing cryptocurrency donations in federal elections in the U. S. A number of states have already restricted or ruled against such donations and the Federal Elections Commission (FEC) accepts cryptocurrency as in-kind contributions limited. дальше »
2018-10-31 01:00 | |
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LocalBitcoins Seller Pleads Guilty to Operating Unlicensed Business
A LocalBitcoins seller pleaded guilty of operating an illegal money transfer business in a Southern California federal court earlier today. The defendant admitted to buying thousands of Bitcoin over a 16-month period and selling them through the popular peer-to-peer marketplace without the correct licence to do so. дальше »
2018-10-31 00:00 | |
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Former U.S. Fed Chair Calls Bitcoin “Anything But Useful,” Rehashes Tired FUD
Bitcoin (BTC), Cryptocurrency–In a refrain that is growing more tired by the day, former U. S. Federal Reserve Chair Janet Yellen has joined the laundry list of economists feeling the need to weigh in on the state of Bitcoin and the industry of cryptocurrency. дальше »
2018-10-31 22:39 | |
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Russia: Authority to Regulate Cryptocurrency Market per FATF Recommendations
A well-placed Russian official has called for global cryptocurrency standards to prevent money laundering and provide legitimacy to the industry while enforcing broad recommendations to control the sector, reported local news outlet Izvestia on October 29, 2018. дальше »
2018-10-31 22:00 | |
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Janet Yellen Says in Time of Crises People “Sell Those Things and Try to Immediately Switch to Digital Cash”
The former chairwoman of the US Federal Reserve said that Fed was not very enthusiastic regarding a digital currency because: “Whenever there are concerns about any other form of deposit. . . дальше »
2018-10-30 20:23 | |
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Russia’s Financial Watchdog to Oversee the Cryptocurrency Industry
Russia’s Federal Financial Monitoring Service has revealed that it will regulate cryptocurrency-related transactions in the country, with a senior official saying that the agency will also oversee the broader cryptocurrency industry, in accordance with recommendations issued by the Financial Action Task Force (FATF). дальше »
2018-10-30 20:00 | |
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US man faces 5 years in prison for unlicensed trading of over $3.2M in Bitcoin
An American man has fessed up in front of federal court judges, pleading guilty for operating an “unlicensed money transmitting business. ” A Department of Justics (DoJ) published a press release yesterday that details how Jacob Burrell Campos has been selling “hundres of thousands of dollars in Bitcoin to over 1,000 customers” across the United States. дальше »
2018-10-30 16:22 | |
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German Financial Regulators Continue to Call for Global Coordination on ICO Regulation
The Handelsblatt reported on Oct. 28th that the Federal Financial Supervisory Authority (BaFin), German’s financial regulator opts for a coordinated international effort in regulating initial coin offerings (ICOs) although it is unsure if it will ever become a “niche topic. дальше »
2018-10-30 12:59 | |
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Federal Authorities in Delaware Help British Police Take Down Notorious Crypto Cybercriminal
Delaware Online reports that in-state federal authorities have aided the British police in taking down a notorious crypto cybercriminal. The hacker is a British citizen named Grant West, who is said to have illicitly acquired millions of dollars worth of Bitcoin stored in accounts across the world. дальше »
2018-10-29 17:03 | |
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Are Cryptocurrency Donations Worth the Risk for the U.S Midterms?
The U. S midterms are approaching, and the threat of digital interference in U. S elections remains a major concern. Should potentially anonymous donations to election candidates in crypto be allowed? The U. дальше »
2018-10-28 05:00 | |
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FCC Chairman Admits Antiquated Regulation May Hurt Emerging Blockchain Technology
Aijt Pai, U. S. FCC Chair, has said it’s a challenge to level the playing field between emerging technologies, including blockchain, and not disadvantage any of them. US Telecoms Regulator Studies How to Evolve Blockchain The chair of the Federal Communications Commission (FCC) – the government agency in charge of regulating radio, television, wire, satellite, and. дальше »
2018-10-27 01:00 | |
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US Telecoms Chief Urged Not To Hinder Emerging Blockchain Technology
U. S. Telecoms Chief Urged Not To Hinder Emerging Technology Like Blockchain The head of telecoms authority in the United State has urged that blockchain which is an emerging technology should not be hindered or deprive due to some policies which can be dubbed “antiquated” regulations. дальше »
2018-10-27 21:47 | |
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IRS Advisory Committee Requests Clearer Guidance for Crypto Tax Code
On October 24, 2018, an advisory committee to the Internal Revenue Service (IRS) published a report calling for clarity on the IRS’s position toward cryptocurrency taxation. дальше »
2018-10-27 20:34 | |
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Delaware Reveals Its Role in Takedown of British Hacker Grant West
A recent asset disclosure shows that authorities from the state of Delaware were vital to the takedown of British hacker Grant West. Dela-Wares A Wednesday release from the US Attorney’s Office, Deleware District, revealed the role Delaware played in the capture of West. дальше »
2018-10-25 03:00 | |
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FBI Reports that a Team of ‘Call of Duty’ Players Stole $3.3 Million in Crypto
According to the Federal Bureau of Investigation, a group of “Call of Duty” players from Indiana are reported to have stolen $3. 3 million in cryptocurrency by coercing an Illinois computer expert into remotely hacking unsecured crypto wallets. дальше »
2018-10-24 17:28 | |
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Trump begs big tech for free labor to avoid federal hirings
The White House wants the nation’s big tech companies to make it easier for employees to do a civic “tour of duty” with the government. Another way of putting it: the President needs to bring in temps now that his plan to cheat Federal workers out of their promised 2019 pay raise fell apart. дальше »
2018-10-23 21:02 | |
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Russian Lawmakers Drop ‘Mining’ References in Digital Assets Bill
Russian lawmakers have dropped the term “mining” from a bill to regulate digital assets, following the earlier removal of references to “cryptocurrency. ” In addition, the proposed legislation no longer covers the taxation of mining profits, as such matters will fall under the oversight of the Federal Tax Service. дальше »
2018-10-22 22:30 | |
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US Federal Court Fines Bitcoin Ponzi Schemer Over $2.5 Million
A U. S. federal court has fined a New York firm and its chief executive officer over $2. 5 million in the first anti-fraud action involving bitcoin filed by the Commodity Futures Trading Commission. дальше »
2018-10-21 11:15 | |
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Bitcoin Con Artist Docked for $2.5 Million By U.S. Federal Court
A U. S. Federal Court recently indicted Gelfman Blueprint Inc. (GBI) and its CEO Nicholas Gelfman to the tune of $2. 5 million for running a Bitcoin Ponzi scheme. The matter is the first ever anti-fraud proceedings concerning Bitcoin taken up by the Commodity Futures Trading Commission (CFTC). дальше »
2018-10-21 02:00 | |
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Marco Santori on Airdrops and the “Complete Picture” of SAFT Regulation
Ever since the U. S. Securities and Exchange Commission (SEC) issued a stern warning about initial coin offerings (ICOs) in February 2018, cryptocurrency projects have had to consider different options for distributing their tokens — and funding their development. дальше »
2018-10-20 19:31 | |
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Alleged Bitcoin Ponzi Firm and CEO Ordered to Pay $2.5 Million in Penalties by Federal Court
In a press release by the US Commodities Futures and Trading Commission (CFTC) on Oct. 18, the agency confirmed that Gelfman Blueprint Inc. (GBI) and its CEO, Nicholas Gelfman, had been ordered to pay more than $2. дальше »
2018-10-20 16:29 | |
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US-Based Bitcoin Hedge Fund To Cough Up $2.5 Million For Running A Ponzi Scheme
A Federal Court in New York has passed a serious verdict that’s about to make fraudsters in the crypto world lose sleep for now on. A CEO of a hedge fund, together with the hedge fund entity itself, is to pay upwards of $2. дальше »
2018-10-20 03:14 | |
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First Bitcoin Fraud Action Filed by the CFTC, Accused Ordered to Pay Over $2.5 Million
A New York federal court has ordered Gelfman Blueprint, a Bitcoin-denominated hedge fund, and its CEO Nicholas Gelfman to pay over $2. 5 million in civil monetary penalties and restitution in the first Bitcoin fraud action filed by the Commodity Futures Trading Commission (CFTC). дальше »
2018-10-19 20:05 | |
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US authorities to auction off nearly $4M in confiscated Bitcoin
The American government is again showing that it has no interest in hodling, and is auctioning off over 600 BTC. The US Marshals Service (USMS) announced yesterday the auction will be taking place between 8am and 2pm EST on November 5th. дальше »
2018-10-19 16:51 | |
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SEC Sets Up Open Line of Communication for Fintech Projects With FinHub
The U. S. Securities and Exchange Commission (SEC) has launched a new office to engage with cryptocurrency and blockchain startups. Called the Strategic Hub for Innovation and Financial Technology (FinHub), the division will make it easier for fintech startups to interact with the regulator on related issues and the legal implications of products before they launch them. дальше »
2018-10-19 01:51 | |
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New BitConnect Class Action Combines All Former Suits — And Targets Youtube
According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U. S. District Court for the Southern District of Florida against BitConnect. дальше »
2018-10-19 22:58 | |
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U.S. Marshals to Auction Off $4.3 Million in Bitcoin
The U. S. Marshals agency has announced plans to auction $4. 3 million worth of bitcoin (BTC) in November 2018. The sealed bid auction is for nearly 660 bitcoins which were seized in a series of federal criminal, administrative and civil cases over the years. дальше »
2018-10-19 20:51 | |
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US Marshals Offer Over 650 Confiscated Bitcoins for Auction
The United States Marshal Service (USMS) is set to auction approximately $4. 25 million worth of Bitcoin at the beginning of November. The federal agency announced that it would put almost 660 Bitcoins on the auction block, with the online sale planned on November 5, from 8:00 AM EST to 2:00 PM EST. дальше »
2018-10-18 20:00 | |
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660 Bitcoins ($4.3M) to be Auctioned by US Marshals From Forfeited Federal and Civil Cases
About 660 Bitcoins To Be Auctioned By The US Marshals The U. S. Marshals have a planned an auction for nearly 660 bitcoins worth $4. 3 million. The agency said the bitcoins available for auction were forfeited in federal criminal, civil and administrative cases. дальше »
2018-10-18 18:28 | |
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Canadian Blockchain Company Sees Opportunity in Newly Legalized Cannabis
Like Walmart with pork from China and Maersk with shipping containers, DMG Blockchain Solutions (DMG) is hoping to be the first global supply chain company to manage cannabis products on the blockchain, initially in Canada — and then around the world. дальше »
2018-10-18 19:50 | |
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There’s A Giant White Sewer Rat In Wall Street And It’s Preaching Bitcoin
There’s a really interesting piece of art down in Wall Street that has captured the people’s attention for some time now. It’s a rat, and a really huge one for that matter. Nelson Saiers And The Rat This new phenomenon sits across the street right opposite the Federal Reserve building. дальше »
2018-10-17 02:52 | |
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Blockvest ICO Being Sued By SEC
Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities. дальше »
2018-10-15 18:00 | |
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Tokes Platform Whitepaper Version 3.1
The Tokes Platform is a blockchain focused company building software solutions for merchant adoption of cryptocurrency and data provenance of supply chains. This includes, but is not limited to, point of sale processing software, ecommerce storefronts, mobile applications, Platform as a Service (PaaS), and Blockchain as a Service (BaaS). дальше »
2018-11-21 14:00 | |
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SEC Obtains Emergency Court Order to Halt Questionable ICO
The U. S. Securities and Exchange Commission (SEC) has obtained an emergency court order issuing the stoppage of a recently planned initial coin offering (ICO) by Blockvest LLC and its founder Reginald Buddy Ringgold III, who falsely advertised that the token sale was approved by the SEC. дальше »
2018-10-12 01:12 | |
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Wall Street Trader-Turned-Artist Erects Bitcoin Rat Exhibit Across from Fed
A former Wall Street hedge fund manager-turned-artist has erected a massive inflatable Bitcoin rat art exhibit across from the U. S. Federal Reserve Bank in New York City. It’s thought to serve as a reminder that 10 years ago the Fed issued taxpayer-funded relief to banks in a $700 billion “bailout” following the sub-prime mortgage crisis. дальше »
2018-10-11 21:00 | |
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Australia Trials Blockchain Platform for National Disability Insurance Scheme
Australia is currently in the process of exploring the potential for blockchain technology to create ’smart money’ to be used in its National Disability Insurance Scheme (NDIS), its federal government revealed in an October 9, 2018, press release. дальше »
2018-10-10 09:00 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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xRapid Could Save Blockchain – Not A Long-Term Solution
Ripple has been making headlines for the past few weeks and is still making a push for the number two spot on the top 100 cryptocurrencies according to CoinMarketCap. In the last month, it took over for a short time but slunk back into the third spot on the chart. дальше »
2018-10-10 23:00 | |
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Circle Expands Further Moving to Acquire Crowdfunding Platform for Startups
Circle has made another strategic acquisition by purchasing SeedInvest. SeedInvest, a crowdfunding platform that has helped various companies raised $100 million, will help aid in Circle's ultimate goal of seeking a federal banking license. дальше »
2018-10-8 18:36 | |
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Central Banks Could Be Issuing Their Own Blockchain-Based Fiat Currencies by 2023
Central banks could be issuing digital versions of their own fiat currencies on blockchain. This surprising prediction was made by a top-level officer of the Federal Reserve Bank of Boston during Forbe’s annual 30 Under 30 Summit. дальше »
2018-10-6 19:19 | |
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