Tag: Regulation

A New Bitcoin World

Australian Senators Push to Make Bitcoin Official Currency

Two Australian senators have pushed for the Reserve Bank of Australia to embrace bitcoin and make it an official currency. Without it, the country risks its financial competitiveness and being left behind, they said. Also read: Hedge Funds Investing in Cryptocurrencies ‘Exploding’ – 62 in Pipeline Senators Call for Bitcoin to Be Official Currency Labor senator […]

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August 8, 2017 1

Delaware Passes Bill Recognizing Stock Trading via Blockchain Technology

Delaware Passes Bill Recognizing Stock Trading via Blockchain TechnologyDelaware has passed a bill that legally recognizes the trading of stocks using blockchain technology. Although the state has sought to promote itself as a bastion for blockchain investment, the bill is extremely limited in its scope – leading many to view Delaware’s government as attempting to cash in on bitcoin’s recent boom. Also Read: Bitwage

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July 4, 2017 0

IRS May not Get as Much Customer Data From Coinbase as Requested

DataThe IRS intends to lessen the amount of customer data it originally wanted to siphon from Coinbase. Ongoing negotiations between Coinbase and the IRS have yielded concessions on part of the IRS legal team. A trial attorney for the Department of Justice, Amy Matchison, recently said the IRS would narrow their specific data request from Coinbase.  Also

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July 1, 2017 0

Valenok Becomes First Restaurant in Moscow to Accept Bitcoin

Felt Boot Restaurant Valenok Becomes the First in Moscow to Accept BitcoinA large dining establishment in the center of Moscow reportedly became the first restaurant to accept bitcoin payments in Russia’s capital city on Tuesday, according to local media outlets. Valenok is part of the Novikov Group, which owns over 50 restaurants and franchises. Now the company is considering installing bitcoin ATMs as well. Also read: Bitpoint

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June 29, 2017 0

South Korean Officials Bash ICO:s and Plan to Approach Bitcoin ‘Cautiously’

officialsOn June 18, government officials from South Korea revealed some opinions concerning cryptocurrency ‘speculation’ taking place in the region. Also read: Korea Steadily Becoming a Cryptocurrency and Fintech Hub  Speculation and Unreasonable Profits South Korean financial regulators and government agencies have been watching and researching the use of digital currencies within the country. According to the

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June 22, 2017 0