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Digital Currencies vs. Cryptocurrencies, Explained

What are digital currencies?Digital currencies are money used on the Internet.Digital money exists only in the digital form. It doesn’t have any physical equivalent in the real world. Nevertheless, it has all the characteristics of traditional money. Just as classic fiat money, you can obtain, transfer or exchange it for another currency. You can use it to pay for the goods and services, such as

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That Business Is Absolutely on Fire, Nick Cowan Gives Thoughts on Crypto

Cointelegraph continues publishing interviews with prominent guests of BlockShow Asia 2017, that took place in Singapore in November 2017.This time we talked with Nick Cowan, managing director and founder of GSX, Gibraltar’s first regulated stock exchange. With his 30-years’ experience in the investment business and knowledge about the culture of business across the Eurasian continents, he is

Tax Investigators Raid Bitcoin Exchanges Across India

Regulation Investigators from the income tax department of India have conducted onsite searches at the offices of the country’s top nine bitcoin exchanges early on Wednesday morning.Also Read: Chinese Whale Buys Fleet of F1 Cars Worth £4 Million with LitecoinGovernment officials told the Indian news agency PTI that multiple teams of detectives fro

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South Korea is Going Crazy Over Bitcoin: Real Mainstream Obsession

Teenagers to middle-aged investors in South Korea are engaging in cryptocurrency trading, investing in bitcoin, Ethereum, Bitcoin Cash, and a wide array of cryptocurrencies and assets.Government Steps In To Regulate BitcoinIn the beginning of 2017, the South Korean government, local financial authorities, and the ministry of strategy and finance remained neutral to bitcoin and declined to regulate

World’s First Equity-Linked Token, Finova Financial’s JCO to be Available through WeFunder Crowdfunding Platform

WEST PALM BEACH, FL December 12, 2017: Finova Financial, a digital financial services provider transforming the future of global banking, announced today that it is partnering with crowdfunding platform WeFunder to make Finova’s JOBS Crypto Offering (JCO)—the world’s first equity-linked token—available to investors large and small. Finova’s token will carry the unique attribute of b

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South Korea Won’t ban Exchanges but Introduce new Reasonable Regulation

There seems to be a lot of confusion regarding the Bitcoin regulations in South Korea. More specifically, we all know there will be an emergency meeting later this week. However, there are seemingly no plans to ban Bitcoin or any other cryptocurrency. Instead, new KYC and AML requirements will be introduced for all local exchanges. None of these measures are invasive whatsoever, which is only to b

South Korea Imposes Six Conditions for Crypto Exchanges to Operate

Economy & Regulation The government of South Korea is preparing a bill which attempts to prohibit all transactions involving cryptocurrencies including bitcoin unless they take place through exchanges that meet six conditions.Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto TransactionsThe Proposed BillTh

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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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Gifto’s Vision for the Virtual Gifting Economy

[embedded content]The digital age has changed many things about the way we work, play, think and live. And one key element of this is the act of giving.In the online community, it’s hard to think of a more natural display of positive interaction than the act of giving virtual gifts.  In today’s digital age, giving has taken on a whole new meaning as growing numbers of transactions and exc

South Korea Clarifies Position After Reports of Possible Ban on All Crypto Transactions

Economy & Regulation South Korea’s top financial regulators have clarified their position following reports by local media that they have been considering a possible ban on all cryptocurrency transactions, particularly bitcoin.Also read: Russian Presidential Candidate: ‘We Will Legalize Bitcoin and Other Cryptocurrencies’Regulators Dis

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