China Internet Finance Association: Bitcoin Exchanges Lack ‘Legal Foundation’

China Internet Finance Association: Bitcoin Exchanges Lack ‘Legal Foundation’ A self-regulatory association in China focused on digital finance has issued a new warning on cryptocurrency trading activities. In a statement released today, China’s National Internet Finance Association (NIFA) asserted that cryptocurrencies like bitcoin have become a tool for speculation among investors, while also serving as a…

UK Regulator Delivers Modest Caution On ‘Very High-Risk’ ICOs

UK Regulator Delivers Modest Caution On ‘Very High-Risk’ ICOs The UK’s Financial Conduct Authority (FCA) has released new guidance on ICOs, urging consumers to be “conscious of the risks.” In one of the more moderate responses to the growing investment phenomenon, the FCA refrained from any suggestion that specific schemes may face legal difficulties. Certain businesses may…

Russian Finance Minister: Bitcoin Regulation Will Arrive by Year’s End

Russian Finance Minister: Bitcoin Regulation Will Arrive by Year’s End Not a day goes by, it seems, without an update from the Russian government about Bitcoin and cryptocurrency. Legislators in this particular country have historically had issues getting on the same page when talking about cryptocurrencies. In the latest update, Russian Finance Minister Anton Siluanov claims that cryptocurrency…

Calvin Ayre Foundation Asks Crypto Community For Hurricane Aid in Barbuda – Will Match Donations

Calvin Ayre Foundation Asks Crypto Community For Hurricane Aid in Barbuda – Will Match Donations Longtime Antiqua and Barbuda resident, Calvin Ayre, wants people to send immediate relief aid to the islands. Hurricane Irma recently plowed over the island system and caused tons of damage. Ayre has been involved in the bitcoin and gaming ecosystem for many…