Major Chinese Tech Magazine Adds Payment in Bitcoin to Show Blockchain ‘Practicality’

A Chinese magazine has made the rare decision to promote Bitcoin payments by accepting the currency for subscriptions. Beijing Sci-Tech Report (BSTR), China’s oldest media publication covering the tech industry, has announced it will offer subscriptions payable with Bitcoin (BTC), local media outlet Guangming reported Sunday, September 30. An evidently rare occurrence from China, were […]

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China’s Bitcoin Whale Li Xiaolai Halts Blockchain-Related Investments

Bitcoin ‘tycoon’ Li Xiaolai has announced he intends to take a several-year break from the cryptocurrency industry. China’s Bitcoin ‘tycoon’ and serial investor Li Xiaolai will take a hands-off approach to future blockchain projects, he announced on social media Sunday, September 30. In an approach that appeared to take many by surprise, Li, well known […]

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Ripple Leads Crypto Coalition Seeking Gov’t Oversight Encouraging Crypto, Blockchain

A crypto coalition led by Ripple plans to pay D.C. lobbyists to impact the government’s stance on cryptocurrencies. Ripple will lead a group of crypto startups to lobby lawmakers and financial regulators in D.C. to support crypto and blockchain innovation, Bloomberg reported on Thursday, September 27. According to the report, the coalition of San-Francisco-based crypto […]

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Precious Commodities: CFTC Shows Force Against Crypto Scammers, but Maintains ‘Do No Harm’ Approach

U.S. judge ruled that crypto tokens are a commodity, yet again. This week, a United States federal district judge ruled that an allegedly fraudulent crypto token meets the definition of a commodity. That brought the case under the Commodity Futures Trading Commission’s (CFTC) purview, which has long argued that virtual currencies constitute commodities. Here what […]

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VegaWallet Announces New Mobile Payment App with POS Aiding Mainstream Adoption

September 25th, 2018, Malta – The VegaWallet platform will allow businesses not only to receive crypto payments (In addition to traditional cash and credit) but also sell crypto to customers as well. The platform will bridge the gap between consumers who wish to purchase items with cryptocurrency, and businesses who do not yet accept blockchain based digital assets. […]

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Russia’s ‘Disappointing’ Cryptocurrency Legislation: Why Experts Consider the Bill a Failure

Russia’s government has continuously gone back and forth on crypto regulation, with final legislation tentatively set to be finalized this fall. Russia has been trying to pass cryptocurrency legislation since the beginning of January 2018, with no success as of yet. The government’s main bill, “On Digital Technologies,” which was expected to be passed by […]

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WSJ: $88.6 Million in Illicit Funds Funneled Through Cryptocurrency Exchanges

A recent report by WSJ found that $9 million of nearly $90 million in ill-gotten funds went through crypto exchange ShapeShift. A recent Wall Street Journal investigation has found that $88.6 million in ill-gotten funds have been funneled through 46 cryptocurrency exchanges, the WSJ reported September 28. $9 million of the suspect funds reportedly went […]

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