Poland’s Ministries of Finance and Foreign Affairs refuted rumors of Polish interest in trading with Venezuela in the country’s newly-launched Petro coin, Polish news outlet Gazeta.pl reports Friday, Feb. 23. Venezuelan government-sponsored news outlet TeleSur reported in early February that the new cryptocurrency had found foreign investors, including Poland, who were interested in receiving Petro […]

Blockchain

Crypto markets have continued their slump, with Bitcoin (BTC) briefly dipping below $10,000 today, Feb. 22, and altcoin Ethereum (ETH) edging closer to $800, according to data from CoinMarketCap. Total market cap is down as well, around $430 bln by press time, down from last week when it broke $500 bln. Bitcoin is currently trading […]

Altcoin

After the launch of the Venezuelan government-backed cryptocurrency the Petro on Feb. 20, President Nicolas Maduro has already hinted at second government cryptocurrency soon to be released, according to government-sponsored news outlet TelSsur. This time, the government-backed cryptocurrency will be backed not by oil, but by gold. During a Patria Para Todos [Fatherland For All] […]

Altcoin

The US Securities and Exchange Commission (SEC) and Department of Justice (DOJ) have officially leveled charges against the founder of the now non-operational Bitcoin-dominated exchange BitFunder, Jon E. Montroll, Wednesday Feb. 21. The SEC released a press statement Wednesday stating that they have charged Montroll, also known as Ukyo, with operating BitFunder as an unregistered securities […]

Bitcoin Regulation

“Zen Master” and Hollywood actor Steven Seagal has announced that he is the new brand ambassador for Bitcoiin2Gen (B2G), a new cryptocurrency that claims to be a “superior or more advanced version of [Satoshi Nakamoto’s] Original Bitcoin”, in a tweet Feb. 20. Bitcoiin2Gen published a press release on Feb. 12 announcing that due to Seagal’s […]

Altcoin

Gibraltar may be moving to regulate initial coin offerings (ICOs), but officials say it will be up to the market to determine what a “good” token sale looks like. The U.K. overseas territory announced that it was drafting ICO regulation earlier this month, which will include the implementation of a system for “authorized sponsors” that […]

Europe

The Venezuelan government launched the pre-sale of the world’s first national, oil-backed cryptocurrency Petro (PTR), Financial Times reports Tuesday, Feb. 20. 82.4 million Petro are already available for purchase for fiat currencies and top cryptocurrencies, although not for Venezuelan Bolivars. The government intends to attract foreign investors from countries like Poland, Denmark and Norway, as […]

Altcoin

The “first” guarantee system for Initial Coin Offering (ICO) investments is set to launch in Russia in 2018, local media outlet Izvestia reported Feb. 19. The system, dubbed ICO-hub, is being developed by Globex Bank, which is a subsidiary of state-owned Vnesheconombank (VEB) bank, together with the Russian Association of Cryptocurrency and Blockchain (RACIB), and […]

Blockchain

The US state of Wyoming has passed a bill Feb. 19 allowing certain Blockchain tokens to bypass securities regulations if they meet three key requirements as of July , 2018. House Bill HB0070 was sponsored by seven representatives and five senators of the Legislature of the State of Wyoming. The bill passed the Wyoming House […]

Bills