Chinese Authorities May Freeze Bank Accounts Tied to Initial Coin Offerings

Chinese media has reported that the People’s Bank of China may move to freeze bank accounts associated with initial coin offerings (ICOs). The reports have surfaced following China’s suspension of all ICOs operating within China’s borders. Chinese Financial Institutions Are Now Prohibited From Providing Services for Token Financing Chinese media […]

Chainside Launches Segwit-Compliant Python 3 Bitcoin Library ‘BTCpy’

This week the bitcoin software startup Chainside released a new Python 3 Segwit-compliant Bitcoin library called “BTCpy.” The company hopes the new codebase will further blockchain development and that businesses can integrate Bitcoin software with ease. Introducing BTCpy – a New Python 3 Segwit Compliant Bitcoin Library Chainside is blockchain […]

Russian Men Charged With “Illegal Banking” for Unlicensed Bitcoin Trading

Russian authorities have opened the nation’s first criminal case involving bitcoin. Russian police arrested three men for illegally trading 500 million rubles ($9 million USD) worth of bitcoin last week. Russia Has Opened Its First Criminal Case Involving Bitcoin Against Three Men Accused of Conducting “Illegal Banking” Three Russian men […]

Hong Kong Securities and Futures Commission Issues Statement Regarding ICO Regulations

Hong Kong’s Securities and Futures Commission (SFC) has issued a statement regarding ICO regulations. The SFC states that digital tokens that comprise securities are subject to the securities laws of Hong Kong. Hong Kong Will Adopt Western Styled ICO Regulations That Focus on Regulating the Distribution of Securities Through Token […]

Four ICO Startups Refund Investors Hours After China Bans Token Sales

This week China’s central bank declared Initial Coin Offerings (ICO) illegal in the country, sending shockwaves throughout the entire cryptocurrency environment. The Peoples Bank of China (PBoC) alongside government officials, stated that not only is the nature of token sales considered illicit activity, but startups who offer these tokens also […]

Russian Official Claims Central Bank Has Approved First Cryptocurrency Exchange

According to a recent interview with the Deputy Prime Minister of Russia, Yury Trutnev, Russia’s central bank has approved the country’s first cryptocurrency exchange, called “Voskhod.” Russian Bureaucrat Claims the Central Bank Has Approved a Cryptocurrency Exchange The Deputy Prime Minister of Russia, Yury Trutnev. Russia seems to be getting […]

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