Cali Haan

Uzbekistan Creates Cryptocurrency Tax Free Zone, Licenses First Crypto Exchange in Partnership with Korean Firms

Bukhara, Uzbekistan darrell-chaddock-unsplash

Uzbekistan is taking comprehensive steps, with the help of Korean partners, to enshrine the region as a friendly one for crypto industries and hopes to become, “a new coin special zone after Malta,” ETNews reports. The venture is being led cooperatively by KOBEA, the Economic Committee of Korea… Read More

Ripple’s General Counsel Departs in Midst of Lawsuits

The lawyer Brynly Llyr will be leaving her post as Lead Counsel at remittance company Ripple, a Ripple spokesperson has confirmed to Quartz: “We’re grateful for all that she did to help build an incredible team…(and) wish Brynly all the best in her next endeavor…(T)he… Read More

Crypto Trading Continues in China Despite Bans

Cryptocurrency trading continues in China despite a ban imposed in September 2017 and escalating countermeasures this summer, The South China Morning Post reports: “Despite multiple attempts by Beijing to shut down all local exchange platforms since September 2017, cryptocurrency trading (has) continued to prosper, with many Chinese… Read More

Vancouver Judge Orders Man Who Claims He Lost Employer’s Crypto to Turn Over “Dead” Computer, Does Not Freeze Assets

A judge in Vancouver, BC has ordered Jason Bradley Arnold, a former COO at the Shair.com marketing firm, to hand over his purportedly “dead” laptop as well as access to his digital currency wallets. Judge Ronald Skoolrod, however, refused to order “a Mareva injunction” in… Read More

Chinese Online Courts Can Admit Evidence Submitted by Blockchain or DLT, Supreme Court Rules

China’s Supreme People’s Court has stated that it will recognize evidence submitted for cases tried in the country’s new online court system if that evidence has been provably and securely logged on some type of secure distributed database (blockchain or DLT). The Chinese legal system… Read More

Houston Lux Auto Dealer Now Taking Bitcoin

Bentley azure convertible car auto (1)

You can now roll VIP through Houston, Texas in a Bentley, Bugatti, or Rolls-Royce purchased with Bitcoin from tony Post Oak Motor Cars. It’s just an easier way to do a big deal, says Post Oak owner, Tilman Fertita, who also owns (no biggie) – the Houston… Read More

Redditors Claim Sudden LayOffs and Security Crackdown at Kraken Crypto Exchange’s Halifax Branch

An employee at a Halifax leg of the Kraken crypto exchange that few knew existed has claimed that employees were suddenly laid off yesterday morning in a high-security atmosphere. The thread was started by “throwaway34034324” on reddit: Redditor “MysteriousPlankton” confirmed within hours that Kraken gathered its Halifax employees… Read More

Belgian Finance Authority: “The Number of Victims of Cryptocurrency Fraud Clearly Continues to Increase”

The Financial Services and Markets Authority of Belgium (FSMA) says it has been continuing to receive complaints from investors swindled by fake cryptocurrency platforms and is therefore reiterating its warnings to consumers: “Cryptocurrencies are the hype of the year. Fraudsters are well aware of that,… Read More

Bloomberg: Liquid Cooling System Helping Bitfury Cryptomining Stay Profitable

The CEO of Bitfury, the second-largest crypto mining and hardware company in the world, told Bloomberg that it is, “still profitable and…bullish on Bitcoin in the long-term,” in part thanks to a high-tech  liquid-cooling system installed at its Georgian crypto mine. Bitfury recently re-acquired its… Read More

Big Brother Blockchain? China Tracks Parolee Movements with Blockchain in Zhongshan

The Municipal Justice Bureau of Zhongshan has launched a blockchain-based, “community correction and supervision system,” to track the movements of, “community prisoners at any time and any place,” Zhongshan Daily reports. The new system of “smart (and) mutual supervision” will reportedly settle data about parolees whereabouts… Read More

Byte Power Group Tells Aussie Regulator its ICO Not a Security

Byte Power Group

An Australian company selling a crypto-exchange “loyalty token” ICO (initial coin offering) has stated to Australian securities regulators that it is confident its offering is not a security under Australian law. Byte Power Group (BPG), “a diversified technology solutions group with a particular emphasis on securing Asian… Read More

Aussie Company Hopes to Fund Great Keppel Island Development Through a Security Token Offering

Greg Norman Great White Shark Enterprises

Australian developer Tower Holdings is hoping to fund an ambitious development on Great Keppel Island via a $300-million dollar security-token offering, blockchain and crypto media-and-promotional-outlet Micky.com reports. The project, which Micky claims, “has met all legal requirements…(and) has been approved by all levels of government,” is being promoted… Read More

Lively Debate: Former PayPal CEO Calls Bitcoin a “Cult,” Identifies Zero Non-Criminal Use Cases

The Cult of Bitcoin

Smiling former PayPal CEO Bill Harris returned to the CNBC talkshow Fast Money in August to slam Bitcoin use cases, characterize the network and its proponents as “a cult” and predict the eventual devaluation of Bitcoin to “close to zero.” But the veteran payments businessperson… Read More

Samoan Central Bank: “No Guarantee Cryptocurrencies Will Hold Their Value,” Dealers Will Be Treated as Financial Instittutions

samoa currency

The Central Bank of Samoa (CBS) has issued a press release warning the public that cryptocurrencies like Bitcoin have no legal status as currencies in that country and should be considered, “very risky and speculative in nature.” According to the CBS: “People who invest in… Read More

Philippine SEC Official Says Rules to Govern Crypto Exchanges Expected This Week

New York Stock Exchange 1939

Philippine SEC Commissioner Ephyro Luis Amatong has stated that regulators expect to release draft rules governing cryptocurrency exchanges by the end of this week, Manila Times reports. “We see the need to regulate them as trading platforms,” he said. As part of the rule-determination process,… Read More

Laotian Banking Officials Urge Citizens to “Think Carefully” Before Investing in Crypto in Unregulated Laos

Loas Vnag Vieng by Remi Yuan on Unsplash

Officials from The   (BOL) have urged Laotians to  “think carefully” before investing in cryptocurrencies in Laos’s unregulated markets, Vientiane Times (VT) reports. BOT officials were reportedly moved to issue the notice after seeing local advertisements soliciting citizens to buy, sell and use cryptocurrencies.. An official who spoke… Read More

In Search of El Petro: Four Month Investigation by Reuters Turns Up Few Signs of Viability for Venezuelan State Cryptocurrency

Amendments to the constitution, an international roadshow, determined rhetoric and state orders to banks that they must denominate transactions in Venezuela’s new state cryptocurrency, El Petro- all have done little to make El Petro viable, reporters at Reuters claim. For four months, Reuters writers travelled through hyperinflation-beleaguered… Read More

Thai Anti-Money Laundering Office May Establish Own Crypto Wallet to Hold Suspected Proceeds of Crime

The Secretary of Thailand’s Anti-Money Laundering Office (AMLO), Witthaya Neetitham told attendees at a cryptocurrency and crime seminar this week, “We have discussed launching our own ‘AMLO Wallet’ to hold or confiscate digital currency from illegal sources,” Thai news agency The Nation reports. Thailand presently lacks… Read More

Grant County Utility Commissioners Impose Progressive Rate Hike of 50% Over 3 Years on Washington State Crypto Miners

Public Utility Commissioners in the Grant County district of central Washington State have unanimously approved a, “three-year, graduated increase to a new, above-cost electric rate designed to protect Grant PUD (Public Utility District) from risk and preserve below-cost rates for core customers.” The new “Rate 17… Read More

Yahoo Finance Adds Crypto Trading Feature to Its iOS Mobile App

Yahoo Finance is now allowing users to trade the cryptocurrencies Bitcoin, Ethereum, Litecoin and Dogecoin directly from its platform using a Yahoo Finance iOS app. Yahoo announced the development in a blog post August 30th, and said that Android, desktop an mobile web apps will soon… Read More

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