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Bancor Releases Six Month Update, Sees Significant Adoption Uptick

After raising over $150 mln in its token generation event the Bancor ICO has issued its first major update regarding its platform and usefulness. The announcement includes substantial information regarding adoption of the Bancor Blockchain protocol, along with statistics for how many tokens are now tradable through the Bancor system.To date, nine different tokens have been acti

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EU Commission Prepares Draft Tax Legislation on Digital Economy: Expert Blog

Expert Blog is Cointelegraph’s new series of articles by crypto industry leaders. It covers everything from Blockchain technology and cryptocurrencies to ICO regulation and investment analysis. If you want to become our guest author and get published on Cointelegraph, please send us an email at mike@cointelegraph.com.Priced at $16,000 per coin, three Bitcoins are now worth more than the Netherla

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ICOs Can Be Effective Fundraising Tools, SEC Chairman Says

The Chairman of US Securities and Exchange Commission (SEC), Jay Clayton, issued a public statement on Monday regarding cryptocurrencies and Initial Coin Offerings (ICOs).The statement serves as a warning directed to both “Main Street” investors and market professionals and concludes that most tokens sold in ICOs to date are likely securities under US law.Warning to “Main Street” investors

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NH Bank Joins R3 Blockchain Consortium

Korean banking giant Nonghyup (NH) Bank, which specializes in agricultural and commercial credit and banking services in South Korea, has joined the R3Blockchain consortium, according to reports from local media.The consortium researches and develops Blockchain solutions for financial services. The announcement indicates that with the help of R3, the bank intends to implement new technology and in

SEC action brings ICO scam to screeching halt

Dec. 11, 2017The U.S. Securities and Exchange Commission has obtained an emergency asset freeze to stop an alleged ICO fraud that has raised as much as $15 million from thousands of investors since August.SEC charges filed in federal court in Brooklyn, New York, allege that Quebec-based Dominic Lacroix and his company, PlexCorps, falsely promised a 1,354 percent profit within 29 days to

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UK Government to Enlist the Help of Spies to Crack Bitcoin’s Enigma

Following hints that an increase in cryptocurrency regulation is coming to the British Isles, the government there have enlisted a curious team to help them understand the space better. The Telegraph report that the UK’s Treasury department have called upon their domestic spy agency to better appreciate the risks posed by the permission-less digital currency.The deputy director for cyber skills

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PR: Ultimate ICO (Initial Coin Offering) Listing Service by Top ICO List

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.Top ICO List is the ultimate ICO listing website with all the important Initial Coin Offerings

Litecoin takes off as Bitcoin corrects

Bitcoin has had a wild ride this week, starting out at $11,000 and surging to over $18,200 seven days later. The market has now started to correct and BTC has fallen back to around $13,500 at the time of writing. The massive rush in demand has highlighted a number of inherent flaws in the system. Major exchanges such as Coinbase were overwhelmed with traffic and transactions which brought the site

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Australian Exchanges Now Required to Register with AML Regulatory Body

The Australian government has implemented a law mandating Bitcoin exchanges operating in the country to register with the anti-money laundering agency Australian Transaction Reports and Analysis Centre (AUSTRAC).The move is aimed at imposing restrictions on digital currencies, particularly Bitcoin, due to their continuous growth and adoption in the mainstream financial sector.The bill was first fi

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U.S. Senate Mulls Reporting Requirements for Cryptocurrencies

American Bitcoin holders may soon have to report their holding to the United States government.First introduced on May 25, 2015, by Sen. Chuck Grassley [R-IA], Senate Bill S.1241, the “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017,” can have serious implications for those involved in the cryptocurrency space. The hearing for S.1241 was held with virtually no p

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