Bitcoin Should Be Regulated to Go Mainstream: Bank of America Official

Bitcoin Should Be Regulated to Go Mainstream: Bank of America Official Bank of America Managing Director Francisco Blanch thinks that Bitcoin cannot successfully expand around the world without being subjected to some regulatory guidelines. He also mentioned that the other factors hindering Bitcoin’s rise are some cases of fraud, hacking and limited market acceptance: “A key step for Bitcoin would…

Federal Government Approves Regulation Request of LedgerX

Federal Government Approves Regulation Request of LedgerX   The institutional trading and clearing platform LedgerX gets approval from the U.S. Commodity Futures Trading Commission (CFTC) to trade and clear options on cryptocurrencies. On July 24, LedgerX announced the CFTC’s approval for a Derivatives Clearing Organization (DCO) license under the Commodity Exchange Act (CEA). The license will allow…

Mt Gox BTC-e

New Information Points to BTC-e Involvement in World’s Largest Bitcoin Theft Case

New Information Points to BTC-e Involvement in World’s Largest Bitcoin Theft Case   BTC-e, Mt Gox, Bitcoinica. Those who are new to bitcoin and blockchain technology may have been surprised today by an influx of strange companies and persons that have long been out of the mainstream news. Yet, for long-time industry technologists and observers, the developments are actually…

US Securities and Exchange Commission: Sale of Digital Tokens are Subject to Federal Securities Law

US Securities and Exchange Commission: Sale of Digital Tokens are Subject to Federal Securities Law   The US Securities and Exchange Commission said today that the offering and sale of digital tokens “are subject to the requirements of the federal securities law.” The agency, in its statement, revealed that it had been investigating the issuance of…

20-30% of Russian Devices are Infected With Cryptocurrency Mining Virus, Claims President’s Adviser

20-30% of Russian Devices are Infected With Cryptocurrency Mining Virus, Claims President’s Adviser   An advisor to President Vladimir Putin has claimed that as many as a quarter of computers in Russia are infected with cryptocurrency mining malware. German Klimenko, who advises Putin on issues related to the internet, recently told a domestic broadcaster that…

Central Bank of New Zealand Rejects Call for Enhanced Cryptocurrency Regulations

Central Bank of New Zealand Rejects Call for Enhanced Cryptocurrency Regulations   In recent statements addressing contemporary cyber threats, including those pertaining to cryptocurrency cyber crime such as ransomware, the New Zealand Reserve Bank has rejected calls for enhanced and intrusive regulations. Organisations Have to Be Swift Against Cyber Threats The New Zealand Reserve Bank…