The Italian House of Representatives approved a bill that defines distributed ledger technologies such as blockchain The Italian House of Representatives has approved a bill defining distributed ledger technologies (DLT) such as blockchain, Cointelegraph Italy reported on Feb. 7. With 275 votes in favor, 206 against and 27 abstentions, the bill dubbed “Semplificazioni” has moved […]
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Smart contracts are no problem for international law, but only when they behave like legal contracts. Cryptocurrencies have been a headache (if not a nightmare) for the law. Ever since Ross Ulbricht launched the Silk Road online marketplace in February 2011, Bitcoin and its ilk have been disrupting the ability of authorities to police the […]
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Leading South Korean cryptocurrency exchange Bithumb follows major exchanges in opening an OTC trading desk. South Korea’s major virtual currency exchange Bithumb has officially launched an over-the-counter (OTC) trading desk under the Ortus brand, according to a press release published on Feb. 7. Hong Kong-based entity Bithumb Global Limited owns the rights to the Ortus […]
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The apparently fraudulent website failed to scam crypto investors after announcing a fake additional funding round in BTC. A new Bitcoin (BTC) scam website representing digital assets platform Bakkt has appeared on the internet, with its domain “bakktplatform.io” registered on Jan. 31. The fake Bakkt website claims that the launch of the platform will take […]
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A forthcoming interview with a U.S. securities representative sees possible positive news about the future of a Bitcoin ETF. A Bitcoin (BTC) exchange-traded fund (ETF) will most likely ultimately gain approval from the United States securities regulator, according to a commissioner. The comments were reported by political journal Congressional Quarterly in a forthcoming interview leaked […]
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The Texas State Securities Board is working with law enforcement to track down crypto scammers, with 60 cited last year. The Texas State Securities Board (SSB) issued a total of 16 orders against suspected cryptocurrency scam investments in 2018, the regulator revealed in its 2018 Enforcement Report published on Feb. 7. Targeting actors luring Texas […]
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The court decision comes after an asset freeze on Shrem was halted in November of last year. Bitcoin (BTC) entrepreneur and advocate Charlie Shrem will receive around $45,000 in legal costs from Tyler and Cameron Winklevoss as part of an ongoing lawsuit, according to an official document filed on Feb. 7. The latest step in […]
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Experts have told the WSJ that the supposedly missing funds at QuadrigaCX crypto exchange could not be stuck, but missing. The $145 million in digital assets that are reportedly stuck in encrypted cold wallet storage of QuadrigaCX crypto exchange could actually be missing, according to analysts cited by the Wall Street Journal (WSJ) on Feb. […]
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Singapore-based Huobi exchange recorded 100 percent growth in trading volume in 2018 over the 2017. Major global crypto exchange Huobi has reported a 100 percent growth in trading volume in 2018 over the 2017, according to a press release shared with Cointelegraph on Feb. 7. The Singapore-headquartered company has reportedly expanded its staff from 400 […]
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The increasing number of Bitcoin transactions is the result of the system’s improvement and growth, some experts say. The daily Bitcoin (BTC) transaction volume has been recently increasing to the levels not seen since January 2018, after BTC hit the $20,000 price mark, according to data from transactionfee.info. Some industry players believe that it is […]
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