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Iranian Computer Hardware Company Accepts Bitcoin

October 12, 2017 Samuel Haig 0

Iranian Computer Hardware Company Accepts BitcoinLioncomputer is an Iranian computing hardware company that has been operating since 2013. Yasser Ahmadi of Lioncomputer told news.Bitcoin.com that Lioncomputer has sought to actively engage with the Iranian bitcoin mining community, stating that the company “has supported miners through mining forums and provid[ed] them with the latest mining hardware.” Mr. Ahmadi claims that Lioncomputing […]

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XBT Provider Launches First Ethereum Exchange-Traded Notes

October 11, 2017 Samuel Haig 0

XBT Provider Launches First Ethereum ETNsThe issuer of the world’s first bitcoin exchange-traded notes (ETN), XBT Provider, has announced the launch of the first ethereum ETNs. XBT Provider will launch two exchange-traded notes – Ether Tracker One (COINETH) and Ether Tracker Euro (COINETHE). Also Read: XBT Provider Fined by Nasdaq XBT Provider Has Announced the Launch of Two Ethereum ETNs XBT […]

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Abu Dhabi to Regulate Cryptocurrencies as Commodities and ICOs as ‘Specified Investments’

October 10, 2017 Samuel Haig 0

Abu Dhabi to Regulate Cryptocurrencies as Commodities and ICOs as 'Specified Investments'The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has published its position regarding cryptocurrencies and initial coin offerings (ICOs) under the Financial Services and Markets Regulations (FSMR). The ADGM recognizes that attempting to develop a one size fits all regulatory apparatus for the cryptocurrency industries is inappropriate, and will approach cryptocurrencies […]

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Vanuatu Becomes First Nation to Accept Bitcoin in Exchange for Citizenship

October 10, 2017 Samuel Haig 0

Vanuatu Becomes First Nation to Accept Bitcoin in Exchange for CitizenshipThe South Pacific island nation of Vanuatu has become host to the world’s first government to accept bitcoin in exchange for citizenship. Vanuatu’s citizenship program costs $200,000 USD, meaning that at current prices the residency program costs less than 41.5 bitcoins. Also Read: Nation of Vanuatu Embraces Bitcoin Payments for Farmland Vanuatu Has Become the First […]

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Alleged Dream Market Kingpin Arrested at World Beard and Mustache Championships

October 8, 2017 Samuel Haig 0

Alleged Dream Market Kingpin Arrested at World Beard and Mustache ChampionshipsA 38-year-old Frenchman suspected of selling drugs via the dark web has been arrested at Atlanta international airport after arriving in the United States to attend the World Beard and Moustache Championships, according to a recently released court document. Gal Vallerius AKA ‘Magnificent Redbeard’, is accused of working as an administrator and vendor on Dream […]

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Singapore to Regulate Crypto-Based Businesses, Not Cryptocurrency Itself

October 8, 2017 Samuel Haig 0

Singapore's MAS Moves Toward Regulating Cryptocurrency-Based Businesses, Not Cryptocurrency ItselfMr. Tharman Shanmugaratnam, Singapore’s Deputy Prime Minister, Coordinating Minister for Economic and Social Policies, and Chairman of Singapore’s financial watchdog, the Monetary Authority of Singapore (MAS), has responded to a question pertaining to MAS’s assessments and regulatory intentions regarding cryptocurrencies and initial coin offerings (ICOs). Mr. Shanmugaratnam replied by stating that the Singaporean regulator did […]

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Taiwan’s FSC Chairman Opposes Heavy-Handed Cryptocurrency Regulations

October 7, 2017 Samuel Haig 0

Wellington Koo, the Financial Supervisory Commission (FSC) chairman, today expressed his desire for Taiwan to emulate Japan’s cryptocurrency regulations, also suggesting that he does not wish to adopt a heavy-handed legislative approach to ICOs. The statements have been made in the lead up to Taiwan’s “Financial Innovation Experimentation Act” going before parliament – a bill […]

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Josh Garza Held Liable for $9 Million USD for Wire Fraud

October 5, 2017 Samuel Haig 0

Josh Garza Held Liable for $9 Million USD for Wire FraudHomero Josh Garza has been held liable for $9,182,000 USD by a U.S. federal judge. Garza pleaded guilty to one charge of wire fraud for activities relating to Gaw, Gaw Miners, Zenminer, Zencoin, and Paycoin in July. Also Read: Garza Fined $12 Million by SEC for GAW Mining and Zenmining Ponzi Schemes The United States Securities […]

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Chinese Media Calls for “Zero Tolerance” on Crimes Involving Cryptocurrencies

October 5, 2017 Samuel Haig 0

Chinese Media Calls for "Zero Tolerance" on Crimes Involving CryptocurrenciesXinhua News Agency reporter Pan Ye has published an editorial piece calling for regulators to take a “zero tolerance” approach to crimes involving or facilitated by cryptocurrencies. Despite the article’s firm tone, a list of regulatory recommendations is made in the piece, including “licensing” and other provisions indicative of a permissive regulatory apparatus. Also Read: Virtual […]

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Greek Court Supports Extradition of Former BTC-E Operator Alexander Vinnik

October 5, 2017 Samuel Haig 0

Greek Court Supports ExtGreek Court Supports Extradition of Former BTC-E Operator Alexander Vinnikradiction of Former BTC-E Operator Alexander VinnikA Greek court has ruled in favor of extraditing the alleged former operator of BTC-e, Alexander Vinnik, to the United States. Vinnik was arrested by authorities late July 2017, and stands accused of masterminding a $4 billion money-laundering ring through the cryptocurrency exchange BTC-e. Also Read: BTC-E Rebrands to Wex Exchange — Claims to Be AML/KYC […]

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