Bitcoin recovered yesterday from its lowest since November amid the hearing in the US Senate on cryptocurrency market regulation, where Jay Clayton, chairman at the Securities and Exchange Commission (SEC) and Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC), testified before the Senate Banking Committee. … [Read more...] about A sigh of relief after US Senate hearing on cryptocurrency
China will ban all cryptocurrency related websites
According to local media, China will block all websites related to cryptocurrency trading and initial coin offerings (ICOs). … [Read more...] about China will ban all cryptocurrency related websites
Major banks halt bitcoin purchases for its credit card customers
Following major US banks Lloyds Banking Group has banned bitcoin purchase using its credit cards, reports The Guardian. This is the first bank to impose such a restriction in the UK. … [Read more...] about Major banks halt bitcoin purchases for its credit card customers
Crypto news in brief (February 4, 2018): Square, FedEx, Facebook, The Royal Mint, Jordan Belfort
Jordan Belfort, aka the 'Wolf of Wall Street', predicts bitcoin crash. Mobile payments operator Square has almost fully released bitcoin trading option. FedEx looks at blockchain. Facebook bans cryptocurrency ads. The Royal Mint creates cryptocurrency backed by gold. … [Read more...] about Crypto news in brief (February 4, 2018): Square, FedEx, Facebook, The Royal Mint, Jordan Belfort
The Royal Mint creates cryptocurrency backed by gold
The Royal Mint, a government-owned mint that produces coins for the United Kingdom, has launched its own cryptocurrency Royal Mint Gold (RMG), a digital representation of fine gold secured in The Royal Mint’s vault. … [Read more...] about The Royal Mint creates cryptocurrency backed by gold
Crypto news in brief (January 31, 2018): LINE, Samsung, Bitfinex, Tether, South Korea
LINE, a messaging app, enters cryptocurrency market. Samsung to produce cryptocurrency mining hardware. US financial regulator subpoenas Bitfinex and Tether. South Korea doesn't intend to shut down cryptocurrency trading. … [Read more...] about Crypto news in brief (January 31, 2018): LINE, Samsung, Bitfinex, Tether, South Korea
Japan increases vigilance after a massive cryptocurrency theft
Japanese authorities have cast a severe look at cryptocurrency exchanges after last week’s theft of $530 million from Coincheck. Japan’s financial regulator has announced it will take steps to inspect business practices of trading platforms to make sure they comply with proper security measures. … [Read more...] about Japan increases vigilance after a massive cryptocurrency theft
TenX to partner with new debit card issuer
TenX, a company which aims to make virtual currencies spendable anywhere with its mobile wallet and linked debit cards, has recently encountered some problems. To clarify the situation and reassure its customers, TenX co-founder Julian Hosp revealed some information about company's future. … [Read more...] about TenX to partner with new debit card issuer