Monthly Archives: July 2018

PR: Boomstarter.Network to Democratize Global Startup Funding with Blockchain

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Boomstarter.Network, the biggest platform in Eastern Europe generating pre-sales for startups, moves to blockchain to challenge a number of limitations that constrain existing crowdfunding services. In contrast to many classical crowdfunding platforms, Boomstarter.Network will allow startups from any country to pre-sell their […]

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Withdrawals Delayed – Bitflyer Scanning for Yakuza Customers

Bitflyer has been delaying deposits and withdrawals of virtual currency in the midst of ongoing KYC verifications. The company received business improvement orders from the Japanese financial watchdog in June as a result of insufficient measures against money laundering. Bitflyer reportedly has delayed resuming business as it is thoroughly verifying its clients’ identities. Bitflyer also has stopped taking new customers last month, and this might go on for a while due to a lack of manpower, Nikkei reported. Also read: Japan Penalizes Crypto Exchanges – Yakuza Involvement Confirmed […]

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Bermuda to Create New Class of Bank for Serving Fintech and Blockchain Companies

Bermuda is looking to introduce amendments to the Banking Act in order to cater to local blockchain and fintech companies. The Government of Bermuda has announced plans to make amendments to the Banking Act in order to establish a new class of bank to render services to local fintech and blockchain organizations, Finextra reported July 2. Since local banks have reportedly declined to provide banking services to the new type of companies, being concerned about regulatory issues and potential risks, the government of the island has consulted […]

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Japan Gives Jail Sentence to Crypto Miner in a Remote Mining Case

A Japanese district court has, for the first time, sentenced a man to prison in a remote crypto mining case. The case follows the arrests of Coinhive users by the police in 10 prefectures. However, this case is different from previously discussed cases of mining cryptocurrencies using website visitors’ computers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Jail Sentence in Remote Mining Case On Monday, Japanese media reported that a man has received a one year prison sentence for using a remote mining tool to […]

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Japanese Financial Services Agency to Change Crypto Exchange Regulations

Japanese financial regulator FSA will reportedly change the legal basis for crypto exchanges. Japanese financial regulator the Financial Services Agency (FSA) is considering to change the legal basis for how it regulates cryptocurrency exchanges, local media Sankei reports July 3. The FSA reportedly is considering to regulate crypto exchanges by the Financial Instruments and Exchange Act (FIEA), instead of its current legal foundation, the Payment Services Act. According to Senkai, this means that the exchanges will have stronger customer protections. The FIEA obliges securities companies to manage […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Tron: Price Analysis, July 2

Latest technical analysis of top 10 cryptocurrencies from an expert trader. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The total market capitalization of the crypto universe jumped from the $233 billion levels on June 29 to about $260 billion on June 30. That’s a jump of about […]

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Russian Firm Offers Smartphone Producer Xiaomi to Tokenize its Forthcoming IPO

Russian blockchain company Blackmoon has offered smartphone producer Xiaomi to tokenize its initial public offering, with payment options in ETH, BTC or LTC. Blackmoon, a company based in Moscow, Russia, has offered the world’s fourth-largest smartphone producer Xiaomi to tokenize its initial public offering (IPO), news outlet South China Morning Post reported July 2. Blackmoon, which is a blockchain fintech company that establishes and runs tokenized funds, has reportedly offered Xiaomi to sell digitized tokens for its stock on a dollar-for-dollar basis. The payment options could include […]

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Meet the Liberty Advisor Helping the Crypto-Rich Avoid Capital Gains

Since the incredible bull run last year, early adopters, and even people who invested in cryptocurrencies back in January 2017, have made an incredible amount of financial gains. In the U.S. some people who want to cash out a good chunk of money realize they’ll end up paying the taxman (IRS) a lot of money in capital gains. However, there are ways people can avoid heavy crypto-taxation and capital gains. This week, news.Bitcoin.com spoke with Tim Picciott, a financial advisor and Certified Financial Planner (CFP) for ten […]

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💥Boooom! Coinbase Custody Launches- Markets Soar! / BTCC Chinese Exchange Reopens!

*Nothing I state, share, express, or allude to should be considered professional advice or recommendations of action. This channel is intended for educational and entertainment purposes only. All content contained within is all just my own opinion and experience. Consult a professional (or two…or more) for any tax, accounting or legal related questions you may have. Powered by WPeMatico

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US: Two Men Settle Suit With SEC in Connection With Illegal Blockchain Stock Sales

Two alleged fraudsters from Nevada agreed to settle a lawsuit filed by the SEC for the illegal sale of shares of blockchain company UBI Blockchain Internet Ltd. Two Nevada citizens agreed to settle a lawsuit filed by the U.S. Security and Exchange Commission (SEC), which accused them of profiting from the illegal sale of stocks of UBI Blockchain Internet Ltd., Bloomberg reported July 2. On Monday, the SEC filed a lawsuit in a New York federal court, accusing Nevada attorney T.J. Jesky and his firm’s manager Mark […]

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