Local regulators last night halted a blockchain business event in Shanghai, reportedly investigating a pyramid investment scheme. Although some fear it could lead to a wider crackdown on the industry, one participant said there's little need for concern. Also read: Is Government Clearing the Way for a Wall St Cryptocurrency Takeover? Regulator Suddenly Stops Shanghai … [Read more...] about Shanghai Authorities Halt Blockchain Event, but No Fears of Wider Crackdown
Recently regulatory action in the cryptocurrency industry has many thinking a long-anticipated government crackdown is gathering steam. But -- what if the crackdown is actually clearing the path for more Wall St. involvement? Also read: Congress Members Want to ‘Validate Bitcoin’ – Whatever That Means In early 2017, Bitfinex’s well publicized USD banking issues were the … [Read more...] about Is Government Clearing the Way for a Wall St Cryptocurrency Takeover?
Three members of the U.S. Congress are drafting legislation to protect digital currencies from government interference, according to a political news site. However, seasoned Bitcoin users may be skeptical of what that entails. Are legislators planning to introduce a new, U.S. federal government-approved cryptocurrency? Also read: Credit Cards, PayPal, Even Coinbase Are … [Read more...] about Congress Members Want to ‘Validate Bitcoin’ – Whatever That Means
Imagine if the money in your savings account actually decreased, the longer you kept it there. And you can't withdraw it to store it somewhere else, because physical cash no longer exists. Welcome to negative interest rates -- once considered a thought experiment or conspiracy theory, it's increasingly part of mainstream policy dialog. Also read: Blockstream Satellite to … [Read more...] about Once All Cash Is Digital, Expect Negative Interest Rates
A pair of Australian senators are pushing for more official recognition of digital currencies and blockchain technology. They'll kick off their campaign with an event this evening at the Australian federal parliament in Canberra. Also read: Gallery: Japanese Media Try Bitcoin at Marui Store in Tokyo Senators Jane Hume and Sam Dastyari have formed the non-partisan … [Read more...] about Australian Senators Back Blockchain, Digital Currency Group