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Ukrainian Regulators: Bitcoins Cannot Be Recognized as Money, Legal Tender, Currency or Securities

Regulation A joint statement between the Ukrainian central bank and the country’s top financial regulators shows that existing legal concepts do not apply to cryptocurrencies. For example, they cannot be recognized as money, legal tender, currency or securities.Also read: ‘No Regulation Needed’ – Moscow Stock Exchange Plans to Trade Bitc

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Philippine Regulator Plans to Legalize Cryptocurrencies, Classify as Securities

The Philippines’ Securities and Exchange Commission (SEC) has announced that it is considering steps to legalize the use of digital currencies in the country by classifying them as securities. The move comes following the financial regulator’s issuance of regulations for the cryptocurrencies like Bitcoin earlier in 2017.The Manila Times reported that SEC Commissioner Emilio Aquino stated in a

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Bitcoin Cash Price Moves Up as Mining Profitability Favors BCH Again

Bitcoin Cash remains a very interesting creature in the world of cryptocurrency. Although the opinions on this altcoin remain divided, no one can argue the value is surging. More specifically, the price per BCH has surpassed $1,500 again overnight. It also appears the mining profitability is slightly in favor of BCH as of right now. An interesting future lies ahead for this particular currency, th

South Korea to Step Up Supervision of Bitcoin Trading After IMF Calls for Reform

Regulation Following a meeting with the International Monetary Fund (IMF), South Korea is pushing for structural reforms which include strengthening the management and supervision of digital currency transactions including bitcoin.Also read: Two South Korean Bitcoin Exchanges Announce Hard Fork PlansSouth Korea Pushing for Structural ReformsThe

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Calvin Ayre: Bitcoin Cash “Closely Resembles the Bitcoin That Sparked the Entire Digital Currency Boom”

Gambling news resource Calvin Ayre have openly declared war on Bitcoin declaring that it’s their opinion that Bitcoin Cash should be considered the true Bitcoin. For them, it seems that BCH holds more in common with Satoshi’s Nakamoto’s original white paper and is therefore deserving of the sort-after tag of “Bitcoin”.With the coming forks and changes, CalvinAyre.com and several other me

Fundstrat Global Advisors Create Bitcoin Indexes

Finance Bitcoin bull and independent research boutique, Fundstrat, reveals its new five indexes to monitor cryptocurrencies. Aimed at institutional investors, FS Crypto FX indexes are the most recent and prominent speculation instruments and a first for Wall Street insiders.Bitcoin 55K USD in 5 YearsAfter bitcoin reached gold parity in Spring, h

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At Last, Banks Want in on Bitcoin: Exponential Rise in Value and Growth

Last year, bitcoin and security expert Andreas Antonopoulos stated that banks will reject bitcoin at first, try to compete with it using blockchain technology, then inevitably adopt bitcoin.Such trend is becoming more evident and realistic, with some of the largest companies in the finance and banking industries such as the $95 billion investment bank Goldman Sachs and financial services company F

Ukraine Cannot Reach Consensus on Cryptocurrency – Central Bank Explains Why

Regulation Ukrainian lawmakers previously said that the legal status of bitcoin and other cryptocurrencies could be determined by last week. However, a unified position has not been reached among regulators. Deputy Governor of the National Bank of Ukraine (NBU), Oleg Churiy, explained why lawmakers cannot reach consensus on cryptocurrency.Also read:&

Russian Regulators Disagree on Crypto Regulation, Postpone to Next Year

Regulation The Russian Deputy Finance Minister told reporters on Tuesday that the authorities decided not to introduce cryptocurrency regulation for now, due to lack of consensus. This followed a day after the head of the State Duma Committee on Financial Markets stated that a draft bill on the regulatory framework for cryptocurrencies such as bitcoi

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Gibraltar’s Financial Regulator Takes Note of ICO Boom, Issues Warning

Regulators across the world are waking up to the fact that there is a serious amount of money changing hands during ICOs. The latest to issue a statement about ICOs is the Gibraltar Financial Services Commission (GFSC).Gibraltar - An established Finance CentreGibraltar, a British Overseas Territory located south of Spain, is an established international financial centre. Major international financ

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