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Czech Republic to Impose Stricter Crypto Regulations than EU Requires

August 8, 2019cashtechnews

The Czech Republic is expected to enforce stricter oversight of cryptocurrencies than that required by the European Union’s bloc-wide anti-money-laundering regulatory regime. The Czech Republic is expected to enforce stricter oversight of cryptocurrencies than that required by the European Union’s bloc-wide Anti-Money-Laundering (AML) regulatory regime. According to a report from local newspaper Hospodářské Noviny on […]

Bitcoin Safe Haven Sucking in Money From China, Says Blockchain Executive

August 8, 2019cashtechnews

Investors looking for an escape from yuan devaluation are flocking to Bitcoin as well as traditional fallbacks, says Chris Reinertsen. Bitcoin (BTC) really does function as a safe haven asset in 2019, another source has told mainstream media as the United States–China trade war rages. Bitcoin increasingly important amid economic uncertainty Speaking to Forbes in […]

Coinone Exchange Partners With Two Firms for Improved Safety Measures

August 7, 2019cashtechnews

South Korean crypto exchange Coinone has partnered up with two auditing and disclosures firms to improve investor confidence and vet projects. Major South Korean cryptocurrency exchange Coinone has partnered with cybersecurity audit company CertiK and disclosures company Xangle to provide more safety and transparency for their crypto investors. Coinone shared news of the recent partnerships […]

New Jersey Issues Stop Orders to Two ICOs in Operation Cryptosweep

August 7, 2019cashtechnews

The New Jersey Bureau of Securities has identified two companies believed to be offering fraudulent ICOs and ordered them to stop. The Bureau of Securities in New Jersey has issued two emergency orders to the companies Zoptax and Unocall to end their initial coin offerings (ICOs). The Bureau alleges that the token offerings qualify as […]

BMO Chief Investment Strategist: Too Soon to Call Bitcoin a Safe Haven

August 7, 2019cashtechnews

An investment banking strategist for BMO says Bitcoin has shown a lot of volatility, and it is too soon to call it a safe haven. Brian Belski, chief investment strategist at the investment banking company BMO Capital Markets, said that he thinks it is premature to call Bitcoin (BTC) a safe haven from economic turmoil. […]

Cryptocurrency Lender Dharma to Postpone Accepting New Deposits and Loans

August 7, 2019cashtechnews

Cryptocurrency lending platform Dharma has put a moratorium on new deposits and loans, adding that they are still hard at work on their product. San Francisco-based crypto lender Dharma has decided to pause new deposits and loans on its platform. Dharma announced their decision in a series of official Twitter posts on Aug. 7. Their […]

Malaysian Electric Utility Raids 33 Illicit Bitcoin Mining Facilities

August 7, 2019cashtechnews

Malaysian electric utility Tenaga Nasional Bhd has raided 33 illegal Bitcoin mining operations that were allegedly stealing electricity. Authorities raided Bitcoin (BTC) mining operations in Malaysia after finding that they were stealing electricity resulting in a loss of 3.2 million Malaysian ringgit ($760,736) to the utility company. 33 facilities illegally mining Bitcoin Malaysian major electric […]

Crypto Startups Still Raising Millions in Capital Despite ICO Decline

August 7, 2019cashtechnews

Venture capitalists continue to fund cryptocurrency startups even as ICO fundraising remains significantly low. In late July 2019, Sony Financial Ventures joined a $14.5 million funding round for Bitcoin (BTC) bank Bitwala. Back in 2017 and 2018, such a figure might not have made many headlines, as crypto startups were raking in hundreds of millions […]

Seoul to Release Native City-Wide Crypto as Part of Smart City Development

August 7, 2019cashtechnews

In a bid to transform into a blockchain smart city, Seoul is planning to launch its own digital currency by November 2019. In a bid to transform into a blockchain smart city, Seoul, South Korea is planning to launch its own digital currency by November 2019. To facilitate engagement in the city’s governance As Australian […]

Bitcoin Breaks $12,000 Before Plunging, Crypto Markets Turn Downward

August 7, 2019cashtechnews

Most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as Bitcoin briefly spiked above $12,000. Wednesday, Aug. 7 — Most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as Bitcoin (BTC) briefly broke the $12,000 mark and subsequently fell. Market visualization […]

Tag: cryptocurrency

Czech Republic to Impose Stricter Crypto Regulations than EU Requires

Bitcoin Safe Haven Sucking in Money From China, Says Blockchain Executive

Coinone Exchange Partners With Two Firms for Improved Safety Measures

New Jersey Issues Stop Orders to Two ICOs in Operation Cryptosweep

BMO Chief Investment Strategist: Too Soon to Call Bitcoin a Safe Haven

Cryptocurrency Lender Dharma to Postpone Accepting New Deposits and Loans

Malaysian Electric Utility Raids 33 Illicit Bitcoin Mining Facilities

Crypto Startups Still Raising Millions in Capital Despite ICO Decline

Seoul to Release Native City-Wide Crypto as Part of Smart City Development

Bitcoin Breaks $12,000 Before Plunging, Crypto Markets Turn Downward

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