Tuesday, November 13Your Daily Bitcoin & Altcoin News Portal
Most Crypto Traders in South Korea Remain Anonymous Despite Regulations – Bitcoin News

Most Crypto Traders in South Korea Remain Anonymous Despite Regulations – Bitcoin News

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Please share if you find this article interesting. Most Crypto Traders in South Korea Remain Anonymous Despite Regulations - Bitcoin News Regulation Most cryptocurrency investors in South Korea remain anonymous without moving their accounts to the government-mandated real-name system. So far, less than 10% of crypto traders have converted their virtual accounts into real-name ones. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies 8% Conversion Rate So Far The real-name system for cryptocurrency exchange customers was introduced as part of the government’s cryptocurrency regulations and went into effect on January 30. The new system is supposed to replace the existing virtual account system which allows for the anonymous trading of cryptocurr
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Coinbase Is Adding Segwit Support – Bitcoin News

Coinbase Is Adding Segwit Support – Bitcoin News

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Please share if you find this article interesting. Coinbase Is Adding Segwit Support - Bitcoin News Technology After months of prevarication, Coinbase has announced that it will add Segwit support to its bitcoin wallets. The much anticipated and long overdue move will go some way towards reducing transaction fees for users of Coinbase and GDAX, assuming it follows suit. Coinbase has come in for repeated criticism over the inefficient way it handles bitcoin transactions, costing itself, and ultimately its users, unnecessary fees. Due to the dominance of Coinbase, it is hoped that Segwit activation will help achieve the tipping point required for the technology become the default setting throughout the industry. Also read: How to Calculate Bitcoin Transaction Fees When You’re
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Russian Bankruptcy Court Orders Debtor to Disclose Cryptocurrency Holdings – Bitcoin News

Russian Bankruptcy Court Orders Debtor to Disclose Cryptocurrency Holdings – Bitcoin News

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Please share if you find this article interesting. Russian Bankruptcy Court Orders Debtor to Disclose Cryptocurrency Holdings - Bitcoin News Featured The Moscow bankruptcy court has ordered a bankrupt debtor to provide information about his cryptocurrency holdings. The trustee has requested that his cryptocurrencies be included in the bankruptcy estate. The court will decide if the coins can be used to pay creditors. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Court Orders Debtor to Provide Crypto Details The Moscow Arbitration Court has ordered Russian citizen Ilya Tsarkov, who has been declared bankrupt, to provide information about his cryptocurrency holdings, RIA Novosti reported from the courtroom. The appointed trustee for the cas
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‘Black Monday’ Shows Bitcoin Isn’t As ‘Dangerous’ As Regulators Claim – Bitcoin News

‘Black Monday’ Shows Bitcoin Isn’t As ‘Dangerous’ As Regulators Claim – Bitcoin News

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Please share if you find this article interesting. 'Black Monday' Shows Bitcoin Isn't As 'Dangerous' As Regulators Claim - Bitcoin News Finance Looking at mainstream media headlines over the past few weeks shows a lot of columnists and pundits have declared that ‘bitcoin’s bubble has burst.’ They always claim that it’s much safer to invest in traditional investments like equities or the stock market while at the same time highlighting cryptocurrency’s volatile price swings. However, on Monday, February 5th the Dow Jones Industrial Average dropped more than 1,175 points, losing more value in one day than the entire cryptocurrency ecosystem over the past six weeks.  Also read: Market Risk Advisory Committee: Bitcoin Futures Self-Certification Works The Black Monday of 2018 It
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SEC and CFTC Hearing: More Legitimate ICOs or “If There Was No Bitcoin, There Would Be No Blockchain”

SEC and CFTC Hearing: More Legitimate ICOs or “If There Was No Bitcoin, There Would Be No Blockchain”

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Please share if you find this article interesting. SEC and CFTC Hearing: More Legitimate ICOs or “If There Was No Bitcoin, There Would Be No Blockchain” The Commodity Futures Trading Commision (CFTC) and US Securities and Exchange Commision (SEC) met the morning of February 6 2018 to discuss their roles in Blockchain, virtual currencies, and ICOs. Set in Washington D.C. at the Dirksen Senate Building, the Committee on Banking, Housing, and Urban Affairs met in open session for about 2 hours. Before the hearing began, testimonies were released on behalf of both witnesses. The Pre-Testimonies (these testimonies were released on February 5 2018) J. Christopher Giancarlo, chairman and witness of the CFTC, expressed optimism in his testimony towards Blockchain/DLT, dedicating a page a
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Australia to Ban Bitcoin Gambling – Bitcoin News

Australia to Ban Bitcoin Gambling – Bitcoin News

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Please share if you find this article interesting. Australia to Ban Bitcoin Gambling - Bitcoin News Featured Australian gambling regulator Northern Territory Racing Commission (NTRC) has issued an informal ban against all cryptocurrency online wagering, singling out bitcoin and ethereum. Just days before, one of its licensed online gambling sites announced it was offering bitcoin to its customers. Also read: Market Risk Advisory Committee: Bitcoin Futures Self-Certification Works Neds Adopts Bitcoin Gambling Paul Cherry CEO of Australian online gambling site Neds explained: “We strongly believe in bitcoin and cryptocurrencies as a viable and secure method of online exchange. With this announcement we wanted to ensure that Australians who share our positive outlook on cryptoc
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Crypto Market Sees Slight Rebound During SEC, CFTC Hearings

Crypto Market Sees Slight Rebound During SEC, CFTC Hearings

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Please share if you find this article interesting. Crypto Market Sees Slight Rebound During SEC, CFTC Hearings The crypto markets have seen a slight uptick Tuesday, Feb. 6, after Monday’s sharp decline. This slight market rebound could be attributed to the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) hearings that are taking place today, Feb. 6. The regulatory bodies plan to discuss cryptocurrencies, Initial Coin Offerings (ICO), and ETFs. Bitcoin (BTC) is still trading around the $7000 mark, about $7,171.42 by press time and up 1.28 percent over a 24-hour period. This is almost $1000 up from a low today that had brought BTC to almost $6,000. Ethereum (ETH) and Ripple (XRP) have gone up 4.59 and 1.65 percent over a 24-hour period respe
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Virgin Money Joins Wave Of Banks Banning Customers From Crypto Credit Card Purchases

Virgin Money Joins Wave Of Banks Banning Customers From Crypto Credit Card Purchases

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Please share if you find this article interesting. Virgin Money Joins Wave Of Banks Banning Customers From Crypto Credit Card Purchases Virgin Money, a financial services company present in Australia, South Africa, and the United Kingdom, has followed several US and British banks by banning credit card purchases of cryptocurrencies. A spokesperson for Virgin Money told BBC that, "Following a review of our policies, I can confirm customers will no longer be able to use their Virgin Money credit card to purchase crypto-currencies." Lloyds Banking Group announced their credit card crypto ban on Feb. 5, after J.P. Morgan Chase, Bank of America, and Citigroup had all banned their customers on Feb. 3 from purchasing digital currency with credit cards. Customers at these banks can sti...
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Brave New World for Cryptocurrency Regulation: Expert Take

Brave New World for Cryptocurrency Regulation: Expert Take

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Please share if you find this article interesting. Brave New World for Cryptocurrency Regulation: Expert Take In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV to [email protected] Make a note on your calendars - January 2018 was when it all changed. The freewheeling world of cryptocurrency ran headlong into an intractable wall of US regulators. Not that there weren’t hints of regulatory action in the air. The Securities and Exc
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PR: XinFin Unveils XDC, the Hybrid Blockchain Protocol; Opens Its Utility Token Sale – Bitcoin News

PR: XinFin Unveils XDC, the Hybrid Blockchain Protocol; Opens Its Utility Token Sale – Bitcoin News

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Please share if you find this article interesting. PR: XinFin Unveils XDC, the Hybrid Blockchain Protocol; Opens Its Utility Token Sale - 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. XinFin opens token sale of it’s utility tokens, unveils the first of it’s kind hybrid blockchain XDC protocol Singapore based XinFin unveiled the first of its kind Hybrid Blockchain protocol architecture for enterprise adoption for global trade and finance market, opens sale of it’s utility tokens. XinFin unveiled its Hybrid Bloc