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France Appoints a Cryptocurrency ‘Mission Leader’

Regulation Week after week regulators and governments have been announcing plans to regulate digital currencies like bitcoin. This week in France on January 15 the Minister of the Economy Bruno Le Maire announced his decision to create a “digital currencies mission” and a working group that will work towards regulating cryptocurrencies. In additi

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Bank Indonesia Team Up With Police to Clampdown on Bali Bitcoin Transactions

Indonesia’s Central Bank, Bank Indonesia (BI), have united with the national police service to tackle the illegal use of Bitcoin in Bali. According to them, the tourist hot spot is much more likely to attract people trying to use the cryptocurrency for transactions that are outside the law. The Jakarta Post and local language news source Tempo.co report that on Saturday, January 13, a senior mem

Calls for “Legal Bitcoin” in Ukraine, as Natsbank Mulls E-Fiat

Regulation Ukraine, now serious about crypto regulation, is setting up a special working group to oversee the completion of the necessary framework. Dedicated legislation has been making its way through parliament since October. The National Bank is considering plans to emit “e-hryvnias”, while the justice minister says bitcoin is a fact and call

Bank Indonesia: Do Not Sell, Buy, Trade Cryptocurrency

Economy & Regulation Bank Indonesia, Unitary State of the Republic of Indonesia’s central bank, has issued perhaps its bluntest statement yet on curbing the use of cryptocurrency, affirming a hardening stance on the popularity of what it refers to as “virtual currency” such as bitcoin. Also read:Ditch University and High Transaction Fees! B

Singapore to Extend Regulatory Mandate Regarding Cryptocurrencies

Regulation The Deputy Prime Minister of Singapore has sought to clarify the nation’s stance on cryptocurrencies with regards to its money laundering laws. Speaking earlier this week, Mr. Tharman Shanmugaratnam emphasized that Singapore’s financial regulator will not distinguish between cryptocurrencies and fiat currencies.Also Read: Singapor

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Telegram’s Privacy-Focused User Base Could Be TON Blockchain’s Killer App

In December 2017, an interesting rumor surfaced: According to “sources familiar with the matter,” the messaging app Telegram, very popular among crypto-enthusiasts for its strong encryption and privacy features, would launch its own blockchain platform and cryptocurrency.On January 8, 2018, TechCrunchreported that several unnamed sources had confirmed the news and quoted a secret Telegram whit

EU Finance Commissioner: ”No Plans to React to Bitcoin”

Regulation Some members of the European Union have been discussing the popularity of the decentralized currency bitcoin, and the EU’s political body recently added “digital currencies” to its anti-money laundering statutes. However, the EU commissioner for financial affairs, Pierre Moscovici, explains in a recent interview that at this stage po

It Came from the East: How Asia Bolstered Cryptocurrencies in 2017

Economy & Regulation Bitcoin and the digital asset economy has seen a meteoric rise in value over the course of 2017. Various countries have caught the cryptocurrency fever, but the lion’s share of digital asset demand has stemmed from regions located in Asia. It’s clear from various data recorded all year long that countries like Japan, Sout

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Exclusive: Telegram to Release Blockchain Platform, Native Cryptocurrency

The popular encrypted messaging app Telegram will launch its own Blockchain platform and cryptocurrency, according to sources familiar with the matter. The new platform will be dubbed either “The Open Network” or “Telegram Open Network” (TON) and is supposed to be based on an improved version of Blockchain technology.Initial reports of the new platform surfaced today from Anton Rozenberg,

NewsBTC Interviews the Crowd-genie Team

Crowdfunding has become a very important fundraising tool across various sectors including startups and non-profits. However, with the rising popularity of blockchain technology and the concept of ICOs, many new projects are increasingly adopting crowdsales and crowdlending as the preferred method of fundraising. But the rise in trend has also created uncertainties regarding the authenticity of th

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