Category Archives: Crypto News

Philippines: Senator Proposes Stricter Penalties For Crimes Involving Crypto

Philippine Senator Leila de Lima proposed imposing stricter penalties for crimes involving crypto. Philippine Senator Leila de Lima has filed a bill to impose stricter penalties for cryptocurrency-related crimes, due to the complexity of the investigation process, according to a press release from the Philippine Senate published Tuesday, March 13. According to Senate Bill (SB) No. 1694, all crimes described by the Revised Penal Code (RPC) would incur a penalty one degree higher than usual if the crime involved the use of “virtual currency”. De Lima further […]

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Square Cash Adds BTC Buy/Sell Option For Wyoming Customers, ‘Working On’ New York

Square Cash App has given users in Wyoming the option to buy and sell BTC, hinting at adding New York users in the future The Square Cash App, a mobile app formerly for sending just fiat currency that added a Bitcoin (BTC) sending option in late January 2018, has made BTC buying and selling available for Wyoming users. The app is working on adding the option for New York residents as well, currently in the process of applying for the state’s BitLicense. Customers in the states of Wyoming, […]

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Finding Utility Over Security: The Difference Between ICO Coins

ICOs’ move towards security tokens puts them in the regulatory firing line, but it can often be avoided Startup fundraising, in the traditional VC methodology, was flipped on its head in 2017 when a boom in ICO creation saw hundreds of companies forming on the Blockchain with its attached digital currency being born in the form of an investable token. However, this crowdfunding platform which exploded at a rapid rate has finally been hauled in by regulators and authorities who have noticed a few worrying trends. Bodies […]

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UK Coinbase Users Receive Faster Crypto-Fiat Transfers In First For Country

Crypto exchange and wallet Coinbase will now support the UK Faster Payment system after reportedly opening an account at Barclays. Crypto exchange service and wallet Coinbase has become the first cryptocurrency exchange to open a UK bank account and gain access to the UK’s Faster Payments Scheme (FPS), according to a blog post by Coinbase CEO Zeeshan Feroz published today, March 14. While the Coinbase blog post does not name the bank in question, Bloomberg notes that Coinbase reportedly opened an account at UK bank Barclays. The […]

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Company Uses Blockchain and Social Media to Create ‘Word-of-Mouth’ Marketing Campaigns

sponsored A project allows companies to engage social media users to promote their brands. Users get rewarded for creating and sharing content on brands with their friends An Italian-born startup has used Blockchain to build a peer-to-peer digital platform that taps the power of word-of-mouth marketing on social media. Friendz, with offices in Milan, Rome and Madrid, allows companies to engage armies of social media users to promote their brands. Users get rewarded for creating and sharing content on brands with their friends. The startup was co-founded […]

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Circle Opens Crypto Investment App To 46 US States, Leverages BitLicense To Enter New York

Circle has released a crypto investment app, Circle Invest, to 46 of 50 US states as it works on local regulations. P2P payments technology company Circle announced that they rolled out the latest addition to its “family” — the cryptocurrency investment app Circle Invest — to most of the US on Tuesday, March 13. In a blog post and email sent to customers, Circle, which is one of a handful of businesses to have received a New York BitLicense, confirmed its crypto investment platform would be available […]

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Coinbase Receives E-Money License For Fiat Activities From UK, Its ‘Biggest Market’

In a show of “approval” for Coinbase’s KYC compliance, UK’s Financial Conduct Authority has granted Coinbase an e-money license Crypto exchange and wallet service Coinbase has received an e-money license from the UK Financial Conduct Authority (FCA), according to a blog post by Coinbase UK CEO Zeeshan Feroz published today, March 14. Feroz notes that the license only applies to Coinbase’s fiat activities, not its cryptocurrency dealings. The company’s UK CEO told Business Insider that the “way to think about it is that’s all the fiat money […]

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Good Time to Purchase Bitcoin, Misery Index Shows

According to a Bitcoin misery index designed by Thomas Lee, a strategist working with Wall Street, it’s the perfect time to purchase this largest digital coin. Earlier on, Thomas Lee had set $20,000 as his mid-year price target for the virtual currency while the end year price was set at $25,000. All these haven’t changed. The Best Performance for Bitcoin While speaking on “Fast Money”, a program held on CNBC, this finance expert stated that Bitcoin has its best annual performance. Lee who also founded the Fundstrat […]

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Google To Ban All Crypto-Related Ads Starting June 2018

Google has updated its Financial Services policy to include a ban on advertising related to cryptocurrencies, ICOs, and crypto exchanges. Google will ban all cryptocurrency-related advertising of all types in June 2018, according to a recent update to their Financial Services policy. The news of a crypto ad ban comes just days after crypto advertisers using Google Adwords noticed a drastic drop in the number of views of their advertisements, according to posts on the Adwords support pages. However, Google Adwords had at that time denied any […]

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Google To Ban Cryptocurrencies and Related Content Ads in June

Google is taking an aggressive stance regarding advertisements of cryptiocurrencies and other related content, a move apparently as a direct result of concerns regarding ICOs and the scams surrounding some of them. The company has announced that it is going to ban crypto-related ads on their platform, so crypto advertisers will have to find other ways to promote their content starting June when Google will not be an option anymore. The updated financial services policy for ads on Google’s platforms is not going to affect only crypto […]

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