Thailand’s Siam Commercial Bank is adding two new currencies to its Ripple-based blockchain remittance platform.
Down But Not Out: Bitcoin Remains on Hunt for $10K
Bitcoin remains on track to re-test $10,000 and possibly break higher – as long as prices hold above $8,300.
Spooked By SEC, Video Streaming ICO Halts Airdrop
Stream had a plan to launch its product, sell its tokens to investors and give away 500 million more. That’s all on hold now, as SEC action looms.
China’s IT Ministry Moves to Create National Blockchain Standards
China’s information and technology ministry aims to establish a standards committee to boost the development of blockchain in the country.
Coinbase Releases Cryptocurrency Tax Calculator
The U.S cryptocurrency exchange is easing the crypto tax procedure with a new automatic gain/loss calculator.
Japan’s Third-Largest Electric Provider Is Testing Bitcoin On Lightning
One of Japan’s largest electric companies is intrigued by bitcoin’s early-stage Lightning Network, so much so they’re testing it out.
CFTC Moves to Cement Authority Over Crypto Fraud Cases
The CFTC cited a U.S. district judge’s recent ruling that cryptocurrencies are commodities to show standing in a separate fraud case it is pursuing.
<h1>EU Commissioner: Cryptocurrency Mining Subject To Standard Energy Regulation</h1>
Regardless of its massive electricity demands, cryptocurrency mining is captured under normal EU regulation, explained European Commissioner Mariya Gabriel on Friday. Gabriel called cryptocurrencies a “new factor driving energy demand,” which will be “kept under review” by the European Commission.
What’s Wrong With John Oliver’s Bitcoin-Beanie Baby Comparison
Comedian John Oliver rightly warned his audience about the risks of cryptocurrency, but his comparisons to Beanie Babies and gambling missed the mark.
<h1>EBA Chair Not ‘Convinced’ Of Need For Extensive Cryptocurrency Regulation</h1>
The chairperson of the European Banking Authority says he is not yet convinced that cryptocurrency regulation in the Eurozone would be a good idea. He fears that such interference from governments could get in the way of important innovation.
Central Bank Digital Currencies Could Fuel Bank Runs, BIS Says
A central bank-issued digital currency could fuel faster bank runs during periods of financial stability, the BIS said Monday.
<h1>Thomson Reuters Follows Bitcoin Sentiment With News, Social Media Tracker</h1>
On Monday, Thomson Reuters announced the launch of a “sentiment data feed” for bitcoin in version 3.0 of its MarketPsych Indices.
Report: South Korea Could Ease Its ICO Ban
South Korea’s ban on initial coin offerings (ICOs) could be relaxed in the months ahead, according to a new report.
<h1>South Korean Authorities Are Preparing Regulated ICO Framework</h1>
South Korea’s government is reportedly considering reversing its ban on ICOs as it mulls a raft of other regulations related to cryptocurrency.
Venezuela’s Petro Will Harm ‘Legitimate’ Cryptocurrencies, Says Brookings
The Brookings Institute warns that the petro will undermine both international economic sanctions and truly decentralized cryptocurrencies.
Crypto Miner Genesis Hit With Cease-And-Desist Order
Genesis Mining has been ordered to stop operating in the state of South Carolina, according to a cease-and-desist order released last week.
Bitfinex’ed Strikes Back: Lawyer Warns Bitfinex on ‘Threats’ Against Blogger
Blogger Bitfinex’d hires lawyer Stephen Palley, who says that if he finds Bitfinex is behind threats against his client, “there will be consequences.”
EU Can’t Ban Bitcoin Mining Over Energy Concerns, Official Says
Cryptocurrency mining is perfectly legal in Europe and only subject to standard electricity rules, according to an EU commissioner.
Bitcoin Cash Price Enters Recovery Mode After 4-Week Low
After mounting a high-volume recovery, the bitcoin cash cryptocurrency looks set to rebound, technical chart analysis suggests.
Ether Takes Step Toward Institutional US Trading
ConsenSys is partnering to develop an ether price index it hopes will make more crypto trading products available for institutional investors.