Please share if you find this article interesting. South Korea Advances Crypto Bill Targeting Multi-Level and Door-to-Door Sales - Bitcoin News Regulation South Korea is moving forward with a bill to regulate cryptocurrencies. According to the country’s Ministry of Justice, the bill will primarily focus on cracking down criminal activities including crimes perpetuated through multi-level and door-to-door sales. Also read: Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble Bill To Focus on Criminal Activities The South Korean government has announced that the legislation to regulate digital currencies “is expected to focus on cracking down on criminal activities,” such as “multi-level crimes,” Yonhap News reported. The existing regulation for crimina
Please share if you find this article interesting. PR: Bankera Announces ICO Details for its Blockchain-Era Banking Service - Bitcoin News This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. After raising 25 million Euros during one of the biggest pre-ICO sales to date, Bankera, a blockchain based banking service, has announced it is going to hold its ICO sale on November 27. Bankera is an operational fork of SpectroCoin, a cryptocurrency solution service. Even though SpectroCoin did not intend to become a bank, to stay competit...
Please share if you find this article interesting. Lawyer Says Dead Man’s Switch Not Best Option for Digital Asset Inheritance Most seek out estate planning advice after major life events like marriage, childbirth and loss of a loved one...or increasing Bitcoin prices. According to Pamela Morgan, CEO of ThirdKey Solutions LLC, the number of clients seeking estate planning services has soared, following Bitcoin’s ever-rising price. But digital currencies don’t have to comprise most of your net worth in order to benefit from estate planning. Since an originally small holding can be worth much more when the prices rise, “Every digital currency holder should care about this,” said Morgan in an interview. Don’t use dead man’s switch A dead man’s switch, in which cryptocurrencies are a
Please share if you find this article interesting. Agriculture Getting an ICO Upgrade to Boost Production in Russia Many ICOs have cropped up to help small startups fund new and innovative ideas, however, a Russian-based agricultural company, Khokholskaya Agricultural Company, is looking to utilize the revolutionary Blockchain technology to help fund a much needed diary farm. Traditional funding from banks requires a level of collateral, however, land alone is not good enough. This has prompted a look at alternative funding methods with the established Khokholskaya company looking to release an ICO called MilkCoin. The demand for food production and dairy in Russia is high, however, it is difficult to set up such operations without funding, and as such, the team at MilkCoin belie...
Please share if you find this article interesting. Japan's SBI Group Launching Eight Crypto Businesses Including Mining - Bitcoin News Technology Japanese financial services company SBI Group has revealed its plans to create a “new financial ecosystem based on cryptocurrency.” Eight different crypto-related businesses are being developed simultaneously including mining, hedge fund management, and a derivatives market. Also read: Chinese Exchanges Seek Second Chance in Japan and Other More Crypto-Friendly Countries New Financial Ecosystem Based on Cryptocurrency Japanese conglomerate SBI Holdings announced its new cryptocurrency business plans on Thursday. At the company’s earnings results briefing session, President and CEO Yoshitaka Kitao detailed how the company is “pursui
Please share if you find this article interesting. Arras Lives on Bitcoin for a Week and Proves Bitcoin Is Gaining Acceptance - Bitcoin News Featured [embedded content] Amelie Arras used bitcoin exclusively, no intermediaries, in a payments race to promote an industry conference. Competing against four others who also had their own strict payment methods, including gold, Ms. Arras won, showing the world’s most popular cryptocurrency is gaining acceptance as a medium of exchange. Also read: One Woman Surviving Solely on Bitcoin Attempts a Trek from Toronto to Las Vegas Bitcoin Gaining Amelie Arras, Director of Marketing at the United Kingdom’s (UK) Adstra Marketing, logged 2,300 miles (3,700 kilometers) over two countries and five states, using only bitcoin to survive, winni
Please share if you find this article interesting. Bitcoin Goes UK Chic, Juliettes Interiors First Luxury Retailer to Accept Cryptocurrency - Bitcoin News Featured Juliettes Interiors, a London-based luxury retailer in the United Kingdom (UK), announced it will accept the world’s most popular cryptocurrency, bitcoin. Juliette Thomas, the company’s founder and Director, forecasts, “I realise we stand alone in our sector at the moment but, within 18 months, I think [bitcoin] will be a part of everyday life.” Also read: Luxury Dubai High Rise Apartments Will Be Sold for Bitcoin Juliettes Interiors’ White Louis Reproduction Two Door Armoire with Lacquer Finish is Yours for Roughly One Bitcoin “The world around us doesn’t stand still and,” Ms. Thomas blogged, “as a company, we m
Please share if you find this article interesting. Billionaire Investor Warren Buffett Says Leading Cryptocurrency Bitcoin in ‘Bubble’ Territory Billionaire investor Warren Buffett has claimed that the market for the leading virtual currency Bitcoin is already in bubble territory. He also issued a criticism of the proposals for applying a value to the cryptocurrency. Based on a report by MarketWatch, Buffett presented his views on Bitcoin and the cryptocurrency market during an annual question-and-answer session in Omaha, Nebraska in early October 2017. During his remarks, Buffett claimed that Bitcoin is a “real bubble.” "People get excited from big price movements, and Wall Street accommodates. You can’t value Bitcoin because it’s not a value-producing asset." Performance of B
Please share if you find this article interesting. Palm Beach Group Reveals $1 Million Bitcoin Giveaway U.S.-based financial research and publishing firm Palm Beach Group has announced that it will be conducting a $1 million bitcoin giveaway in coming days. The giveaway will be conducted as part of a week-long free training event which will be hosted by Palm Beach Group’s Teeka Tiwari from October 26th onward. Also Read: Bitcoin Accessibility From a Blind Person’s Perspective Palm Beach Group Has Announced an Unprecedented $1 Million USD Bitcoin Giveaway The historic bitcoin giveaway will be conducted following presentations starting on October 26. Palm Beach Group also promises that a ‘special mystery guest’ will attend the event, revealing that the guest is an early pioneer b
Please share if you find this article interesting. Singapore Will not Regulate Cryptocurrencies, Monetary Authority of Singapore Official Says Recently during an interview with Bloomberg, an official of Monetary Authority of Singapore (MAS), which serves as the central bank and financial regulator of Singapore, said that MAS has no plans of regulating cryptocurrencies. The central bank will keep “an open mind,” though the official also stated the necessity of establishing anti-money laundering control in the future. Money laundering is not Bitcoin’s fault During the interview, MAS Managing Director, Ravi Menon said that: “We’ve taken the approach that the currency itself does not pose the risk that warrants regulation. Our approach is to look at the activity around the cryptocur