BitcoinNews: #1 In Blockchain News

[BitcoinMoschiach]

Morgan Stanley to Offer Clients Bitcoin Derivatives Trading

American multinational investment bank Morgan Stanley is reportedly planning to offer clients the chance to trade in Bitcoin derivatives, reports Bloomberg from an anonymous source.

Read the full article at https://bitcoinnews.com/morgan-stanley-to-offer-clients-bitcoin-derivatives-trading/

[BitcoinMoschiach]

Gaw Miners CEO Sentenced to 21 Months in Prison

Josh Garza, the former CEO of GAW Miners, has been sentenced to 21 months in prison in addition to six months of house arrest and three years of supervised release. He has been found guilty of wire fraud for a string of disasters centering around GAW Miners’ cloud mining operation and Paycoin.

Read the full article at https://bitcoinnews.com/gaw-miners-ceo-sentenced-to-21-months-in-prison/

[BitcoinMoschiach]

Bitcoin an Exotic New Asset Class

Bitcoin represents a difficult categorization effort by traditional financial organizations, resulting in some seeing this exotic new asset class as much as a hybrid of a currency as it is an investment.
The Commodities Future Trading Commission (CFTC) has declared Bitcoin a commodity, the Internal Revenue Service (IRS) has declared Bitcoin to be property, the Securities and Exchange Commission (SEC) polices the Bitcoin market like it’s a security, yet Bitcoin is mainly used as a currency.

Read the full article at https://bitcoinnews.com/bitcoin-an-exotic-new-asset-class/

[BitcoinMoschiach]

Brave Pursues Legal Action Against Google for User Privacy Breach

Brave, a first of its kind internet browser powered by blockchain technology, is taking international legal action against Google for systematically breaching user privacy on a large scale. Google’s actions are probably in violation of the European Union’s General Data Protection Regulation (GDPR) law, so Brave’s actions against Google could lead to an investigation and heavy fines from the European Data Protection Board.

Read the full article at https://bitcoinnews.com/brave-pursues-legal-action-against-google-for-user-privacy-breach/

[BitcoinMoschiach]

SEC Shuts down TokenLot for Unlicensed ICO Trading

The Securities and Exchange Commission (SEC) of the United States has cracked its whip and shut down TokenLot LLC, a platform that offered 200 cryptocurrencies, many of which were initial coin offering (ICO) tokens that could be considered securities. This sends out the message that the SEC is serious about stopping ICO traders who do not have a proper broker-dealer license, which is required to trade securities in the United States. This is the first time the SEC has charged an unregistered broker-dealer in the crypto space.

Read the full article at https://bitcoinnews.com/sec-shuts-down-tokenlot-for-unlicensed-ico-trading/

[BitcoinMoschiach]

It’s 2-0 as Brazilian and French Football Teams Go Crypto

With an increase in football teams and individual players taking up crypto-related products, two more clubs have picked up this current trend.
Two teams, Brazilian Avaí Futebol and top French club Paris Saint-Germain have both recently announced their own crypto token sales.

Read the full article at https://bitcoinnews.com/its-2-0-as-brazilian-and-french-football-teams-go-crypto/

[BitcoinMoschiach]

New French ICO Framework Attracts Innovation, Boosts Macron’s Business Plan

France is continuing to follow President Macron’s plan raise its business profile in the world by establishing a legal framework for ICOs.
A recent Autorité des Marchés Financier (AMF) annual report indicated that ICOs are most definitely on the agenda for further regulatory framework as Robert Ophèle, President of the AMF, indicated that the government body would:

Read the full article at https://bitcoinnews.com/new-french-ico-framework-attracts-innovation-boosts-macrons-business-plan/

[BitcoinMoschiach]

Binance CEO Predicts 1,000 Times Swell in Crypto Market

As the crypto community discussed the future of the market this week, Binance CEO Changpeng Zhao has disagreed with recent remarks by Vitalik Buterin, suggesting that the Ethereum founder’s comments about a squeeze on cryptocurrency growth are completely wrong.

Read the full article at https://bitcoinnews.com/binance-ceo-predicts-1000-times-swell-in-crypto-market/

[BitcoinMoschiach]

Asia and Australia: Crypto and Blockchain News Roundup, 7th to 13th September 2018

Asia and Australia
Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country.

Read the full article at https://bitcoinnews.com/asia-and-australia-crypto-and-blockchain-news-roundup-7th-to-13th-september-2018/

[BitcoinMoschiach]

Europe: Crypto and Blockchain News Roundup, 7th to 13th September 2018

Europe
Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country.

Read the full article at https://bitcoinnews.com/europe-crypto-and-blockchain-news-roundup-7th-to-13th-september-2018/

[BitcoinMoschiach]

North America: Crypto and Blockchain News Roundup, 7th to 13th September 2018
 
North America
Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country.

Read the full article at https://bitcoinnews.com/north-america-crypto-and-blockchain-news-roundup-7th-to-13th-september-2018/

[BitcoinMoschiach]

Zimbabwe Official Urges Failing Insurance Companies to Adopt Blockchain

A senior official at the Insurance and Pensions Commission (IPEC) in Zimbabwe has told local insurance companies that blockchain solutions should be employed as an answer to the industry’s problems.

Read the full article at https://bitcoinnews.com/zimbabwe-official-urges-failing-insurance-companies-to-adopt-blockchain/

[BitcoinMoschiach]

New Australian PM Wants to Use Blockchain to Take On Big Banks

The Prime Minister of Australia Scott Morrison plans to utilize blockchain technology to bring ‘much tougher competition’ to the country’s big banks and dominant industries.

Read the full article at https://bitcoinnews.com/new-australian-pm-wants-to-use-blockchain-to-take-on-big-banks/

[BitcoinMoschiach]

Poll Reveals Millennial’s Rush to Crypto Still Male Dominated

The latest cryptocurrency poll has indicated that millennial women are still lagging behind in adoption of cryptocurrency.
A new survey conducted in the US with 3000 millennials, was published on September 12, 2018, by crypto finance company Circle. It revealed that currently, men invest in cryptocurrency at twice the rate of women within the millennial age bracket.

Read the full article at https://bitcoinnews.com/poll-reveals-millennials-rush-to-crypto-still-male-dominated/

[BitcoinMoschiach]

Russian Lobbyists Push Alternative Crypto Regulation Bill

A lobby group in Russia is actively working to push an alternative cryptocurrency legislation bill, which they say addresses the contradictions set in the government’s drafted ‘On Digital Financial Assets’ bill.

Read the full article at https://bitcoinnews.com/russian-lobbyists-push-alternative-crypto-regulation-bill/

[BitcoinMoschiach]

Digital Currency Ecosystem in Africa Grows, But More Connectivity Needed

A new report by the International Telecommunications Union (ITU) has outlined that Africa will need to invest more in internet connectivity in order to maintain the continent’s current pace of cryptocurrency adoption.

Read the full article at https://bitcoinnews.com/digital-currency-ecosystem-in-africa-grows-but-more-connectivity-needed/

[BitcoinMoschiach]

BitGo Becomes Officially Qualified Crypto Custodian in United States

BitGo has received approval from the South Dakota Division of Banking to be a public South Dakota Trust Company. This makes it an officially licensed crypto custodian in South Dakota, and the rest of the United States, because other states generally practice reciprocity when it comes to this sort of license.

Read the full article at https://bitcoinnews.com/bitgo-becomes-officially-qualified-crypto-custodian-in-united-states/

[Jwnamlinz]

Cloud Mining Firm Argo London Stock Exchange’s First Crypto Listing

Earlier this week, cloud-based cryptocurrency mining firm Argo was announced as the first of its kind to be listed on the London Stock Exchange. This is a significant step in the acceptance of cryptocurrency by the mainstream financial sector.

Read full article at https://bitcoinnews.com/cloud-mining-firm-argo-london-stock-exchanges-first-crypto-listing/

[BitcoinMoschiach]

Reserve Bank of India Says Bitcoin Is Not A Currency, Couldn’t Be More Wrong

The Reserve Bank of India (RBI) has declared that Bitcoin is not a currency in an affidavit to the Indian Supreme Court, during an ongoing legal battle regarding the ban on banks from facilitating any crypto-related activity in India. The Reserve Bank of India is completely wrong.

Read the full article at https://bitcoinnews.com/reserve-bank-of-india-says-bitcoin-is-not-a-currency-couldnt-be-more-wrong/

[BitcoinMoschiach]

Tim Draper Makes Most Bullish Bitcoin and Crypto Forecast in History, Calls for USD 80 Trillion Crypto Market Cap

Crypto enthusiast and venture capitalist Tim Draper, who made headlines across the crypto world when he purchased the Silk Road bitcoins from the US Marshals has made the most bullish crypto and Bitcoin forecasts in history. He is calling for the crypto market cap to hit USD 80 trillion within 15 years, which implies a price per Bitcoin of USD 2 million or more.

Read the full article at https://bitcoinnews.com/tim-draper-makes-most-bullish-bitcoin-and-crypto-forecast-history-calls-usd-80-trillion-crypto-market-cap/