Top cryptocurrency investors Andreessen Horowitz and Union Square Ventures urged the US Securities and Exchange Commission (SEC) to consider a cryptocurrency exemption at a private meeting, the Wall Street Journal reports April 19. The Silicon Valley-based venture capital firms met with top officials of the SEC’s Division of Corporation Finance, which regulates Initial Coin Offerings […]

Andreessen Horowitz

Thailand’s Securities and Exchange Commission (Thai SEC) and Thai Fintech Association technology consultant Bhume Bhumiratana, along with members of the local crypto community, have urged financial authorities to reconsider the country’s cryptocurrency tax framework, local news outlet Bangkok Post reported Tuesday, April 17. According to Thailand’s proposed crypto tax framework released in late March, the […]

Bitcoin Regulation

Blockchain technology has shaken up the financial world by providing a system for transactions that does not need a central authority, bank or third party payment system.This very reason has made many traditional financial institutions unsupportive of the new technology, as over time it could make their systems obsolete. Enter Mastercard, the global banking card […]

Adoption

1. Put simply, this is where individuals share items or services, usually on the internet. Even if you haven’t heard the term, you’ll know about the phenomenon. Through countless apps and websites, it’s possible to rent things by the day or the week – even by the hour. Occasionally it’s free, but usually there’s a […]

Airbnb

The founder of German-based startup Savedroid has allegedly disappeared after raising a reported $50 mln through both an Initial Coin Offering (ICO) and private funding, according to local news outlet WirtschaftsWoche, today April 18. CEO and founder Yassin Hankir apparently left the intention behind his disappearance fairly clear with the following tweet, posted earlier today, […]

Bitcoin Scams

Cryptocurrencies have revolutionized the way the world looks at transactions – but they’ve also facilitated some monumental scams over the past nine years. The success of Bitcoin and a number of altcoins jumpstarted an industry that is incorporating Blockchain technology in a number of innovative ways. While the smartest minds have created some game-changing companies […]

Altcoin

The US-based Blockchain project Basis (formerly known as Basecoin), which claims to provide a non-volatile cryptocurrency or stablecoin, has recently raised $133 mln in funding from big name investors, according to an official blog post published today, April 18. Basis announced today that they had raised $133 mln in private placement from a slew of […]

Altcoin

Another prediction of Bitcoin (BTC) emergence has been recently discovered by a Reddit user that posted a screenshot from Japanese role-playing video game Final Fantasy III on April 16. The user refers to a Bitcoin symbol pictured on an object in the game that was officially released on April 27, 1990. In addition to his […]

Bitcoin

New York Attorney General Eric T. Schneiderman has launched the “Virtual Markets Integrity Initiative”, an “inquiry into the policies and practices” of digital currency trading platforms, according to a press release April 17. As part of the initiative, letters were sent to thirteen major cryptocurrency exchanges, requesting information on their operations, internal controls, and other […]

Bitcoin Regulation