There are so many benefits to using a cryptocurrency, that it would seem foolish to neglect such an invention. For example, it allows you to send money anywhere in the world in an instant, with basically no fees involved. Everyone can be included in the financial system, it will change the way we interact with money, it can prevent fraud, and much more.
Thursday, August 31, 2017
Oracle Officially Joins Hyperledger Blockchain Project
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3 Must Read Stories: China's Party Reshuffle, Bitcoin Bubble, China House Prices Soar
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Seat Of Power Episode 4: Roya Mahboob On Using Bitcoin To Empower Women
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Bitcoin Will Trigger Nvidia's Powerful Explosion
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Blockchain Technology: The Marketing Value of Digital Permanence
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Bitcoin Foundation wants Department of Justice investigated
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Why the Wall Street investor who sank Valeant thinks a bitcoin fund is the 'most dangerous'
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Bitcoin Price Tops $4800, Reaching New High
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Bitcoin's nearly five-fold climb in 2017 looks very similar to tech bubble surge
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Crypto exec says bitcoin is in a bubble -- but it'll still hit $5 trillion market cap
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Bitcoin Price Jumps Above $4800 for the First Time
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Literally just 15 mind-boggling stats about bitcoin and cryptocurrencies in 2017
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Why investors should be wary of bitcoin
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Bitcoin's bubble swells with a new record high
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Watch out for massive ransomware attack that demands Bitcoin payments
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Weeks After Seizure, Troubled Bitcoin Exchange BTC-e Is Back Online
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Putin's People Getting Into Bitcoin Mining
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Bitcoin is about to blast past $5000 — and that's a problem
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When ICO's Crash: Is Bitcoin Toast?
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F2Pool Reneges: Bitcoin Pool Pulls Segwit2x Support Over Hard Fork
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Six More Banks Join UBS-led Group Seeking To Develop Blockchain Tokens Backed By Fiat ...
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How Blockchain is Going to Change Accounting Forever
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Rebalancing Off-Blockchain Payment Networks
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Software Developer (Ruby/Javascript & Blockchain)
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IBM launches Blockchain Platform amid a consortium dedicated to global food safety
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Monero vs bitcoin chart struck by lightning
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Illinois Launches Blockchain Pilot to Digitize Birth Certificates
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Despite Hype, Blockchain Remains Mostly Theoretical in Precision Medicine
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BitcoinTV: by BitcoinMeister on YouTube
Charlie Lee returns to the show! It is an honor to have one of the most honest men in Bitcoin and cryptocurrency here. We are going to talk about Litecoin development and a wide range of topics that you will not hear discussed on any other channel. Is Litecoin ICO ready? What does Charlie Lee think about crypto-dividends like Bgold? Is anyone planning on friendly forking Litecoin? There will be many more deep crypto-topics so make sure to spread the word and tune in at 5:10PM EST! Get ready for an incredible learning experience. THINK LONG-TERM and DON'T BE IMPULSIVE- that is what you will learn from this video and this channel! Charlie Lee on Twitter- https://twitter.com/SatoshiLite Broke the Bgold story here- https://www.youtube.com/watch?v=eAukxlpwyHg Birth of the Crypto-dividend- https://www.youtube.com/watch?v=rg86clOEd3A Thursday's show- FIRST TO MENTION BGOLD!- https://www.youtube.com/watch?v=M9n-r9ZKsRg Monday's SHOW- https://www.youtube.com/watch?v=Nt-HoG9oNlo Sunday's show- https://www.youtube.com/watch?v=JgoPKtSfApc This week in Bitcoin- https://www.youtube.com/watch?v=qUml3xhG--c Tuesday's show- https://www.youtube.com/watch?v=4H1hnV6T6-U Saturday's show- https://www.youtube.com/watch?v=kNvlhUDGUT4 Email the Disrupt Meister intern- clark@disruptmeister.com and tell us why you want to be an intern! -------------------------------------------------------------------------------------- CryptoHWwallet affiliate link- http://ift.tt/2pynGy4 "MeisterFreeHW1Over200" This is the coupon that is for people who spends over $200 (exclude shipping) to get a free H.W1. Ledger hardware wallet. Limit 10 pcs only coupon use at first, first come first serve basis only. 1 per customer for up to 10 uses. "cryptoHWwalletTee" free Tshirt with no purchase necessary. buyers need to add the tshirt into the shopping cart, Apply coupon, it'll deduct $7.99 from total which leaves $5.00 to be paid for Shipping Shirts could run out so there might be shipping delays. . There are total 6 crptocurrencies. Bitcoin, Dash, Litecoin, Ethereum, Zcash and Monero. BUY Cryptograffiti shirts here and use the "Meister" discount code to get 10% off anything in the store! http://ift.tt/1SYvsdA : UPVOTE THIS- http://ift.tt/2etj3E7 Buy your Bitcoin Trezor storage device here: http://ift.tt/2l8wT08 Buy Bitcoin at Coinbase here: http://ift.tt/2frK5re CryptoHWwallet affiliate link- http://ift.tt/2pynGy4 Adam's Twitter- https://twitter.com/TechBalt Adam's Minds- http://ift.tt/2r6vSJk Support the cause if you like what I have to say: BTC: 124ZqLGRePVx4P6YSDLnzjETZ1ByFsDTfb ETC: 0x36ab30f3ef5165e29b5fcefbc06511004c16ed31 Monero: 47MnZvoKVeZL4xhczW3t7zTnHQhJ3wkJ2Yxgyh2iWKTDhqrvdxjg41xZXrJhzn4yXxGVCJyNBroxK738rHKfGPWkQRQ2jj1 LTC: LcCYcbdFUR5W9rWbozmUrmhtsp89syKnbX ETH: DASH: Xjcpo8Lh6NKQoV3F12pGpXUiK4XRoQyudN Decred: Dsoq2ZPcqQDj5TSBLMAFX2SxCMHaYFnDty4 I ACCEPT EVERY ALTCOIN! This video explains what to do to get me to list, talk about, and create a payment address for your favorite Altcoin: https://www.youtube.com/watch?v=VD9GOslS4zg Very Important Bitcoin and Altcoin storage video you need to watch- https://www.youtube.com/watch?v=aulSblKDeIU My latest Steemit post: http://ift.tt/2etj3E7 My Steemit page: http://ift.tt/2eAQkeJ https://www.youtube.com/c/BitcoinMeister http://ift.tt/2fIBPWR Value of every cryptocurrency- http://ift.tt/1oKjfXP Watch more of my Bitcoin videos here: https://www.youtube.com/playlist?list=PLLgyAakZPtCVQKl6naVHUfOiICFG8BYMp Adam Meister is available for an hour long Bitcoin/cryptocurrency consultation where he can walk you through the Trezor installation process and help you move your Bitcoins to the Trezor. He will answer all your questions in that hour. Trezor is just one Bitcoin topic that Adam can help you with, you can ask his advice on anything cryptocurrency related. From marketing and promotion to Altcoins to storage and the buy and hold philosophy. Adam's hourly rate is 0.15 Bitcoin. Feel free to email: Adam AT TrezorHelp DOT com to set up a Skype/phone consultation or to arrange an in person appearance or speaking engagement. Adam is available to speak at conferences around the world. Follow Adam on Twitter here: https://twitter.com/TechBalt Buy your Bitcoin Trezor storage device here: http://ift.tt/2l8wT08
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Bitcoin crash shares
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Bitcoin crash lying down
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What is Bitcoin Cash? A Basic Beginners Guide
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Coinbase Captures Majority of Virtual Currency Consumer Complaints in 2017
This week the student loan organization, Lend EDU, published a report that details virtual currency company complaints are up 5,971 percent this year according to data pulled from the U.S. Consumer Financial Protection Bureau database.
Also Read: Bitcoin Is Becoming a Popular Investment for Middle-Class Americans
Determining Virtual Currency Consumer Complaints
Bitcoin and virtual currencies have been extremely popular this year and have grown immensely in value. This has led to more mainstream cryptocurrency usage and digital currency businesses being swamped by new customers. With more clientele, bitcoin-based companies see more complaints regarding things like; lack of customer service and people having difficulties with verification processes. Lend EDU, an online educational lender, analyzed the CFPB Consumer Complaint Database back in January of this year to “determine if consumers were complaining about virtual currency and Bitcoin to the CFPB.”
Virtual Currency Transactions Account for 0.0019 Percent of the Total Complaints Received
At the time the researchers examined a total of 689,000 complaints sent to roughly 3,000 companies. In that report, they found only seven complaints that referenced “virtual currency.” Of the 689,000 complaints only 0.01 percent were related to cryptocurrency companies among businesses dealing in mortgages, consumer loans, money transfers, and other financial services. So Lend EDU decided to revisit the study from January of 2017 to August 2016 by pulling data from the CFPB database.
“On August 26th, 2017 we pulled the CFPB Consumer Complaint Database and found 145,948 complaints from 2,731 different companies,” explains the Lend EDU report. “So far in 2017, we identified 277 complaints labeled under Virtual currency.”
In 2017, Virtual currency transactions account for 0.0019 percent of the total complaints received by the CFPB. The CFPB is on pace to receive 425 complaints in 2017, up 5,971 percent from the seven complaints received in 2016. However, it should be noted that some complaints related to Virtual currency may not be receiving the appropriate tagging within the database.
Coinbase Holds a Large Majority of CFPB Consumer Complaints
In addition to the latest study, the San Francisco-based company Coinbase is listed as holding the lion’s share of CFPB’s consumer claims. Lend EDU’s analysis says Coinbase is historically tagged inappropriately but still has a lot of records in the database.
“Coinbase received a total of six complaints in 2016. In 2017, there have been 288 complaints against Coinbase,” the report details. “Coinbase is on track to receive 442 complaints in 2017, up 7,288 percent from 2016.”
Other Financial Service Complaints Eclipse Grievances With Virtual Currency Companies
Lend EDU also notes that the CFPB had warned consumers about virtual currencies three years ago. At the time, CFPB Director Richard Cordray told consumers they were stepping into the ‘Wild West’ when they engage in the market.”
Even though virtual currency complaints have risen by 418 recorded incidents this year, out of all the financial markets, it is extremely small. For instance, mortgage operations and other banking services account for upwards of 21 percent or over 40,000 complaints per sector. Further, the CFPB merely records the complaint data and does not consider all the facts Lend EDU concludes in its report.
What do you think about complaints against virtual currency businesses rising? Let us know in the comments below.
Images via Shutterstock, Lend EDU, and the Coinbase logo.
Need to calculate your bitcoin holdings? Check our tools section.
The post Coinbase Captures Majority of Virtual Currency Consumer Complaints in 2017 appeared first on Bitcoin News.
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Microsoft Joins Top Universities, Finance and Technology Leaders to Advance Blockchain-Based ...
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Blockchain: the next digital frontier for freight transportation
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Y Combinator startup Dharma promises to bring more users into blockchain apps
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Blockchain and IoT: A Conversation with Dominik Schiener of the IOTA Foundation
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Estonia Planning Blockchain-Based Residency Program
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Finance Exec: Government-Backed Cryptos Would Speed up Blockchain Adoption
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How Blockchain Businesses Communicate Nowadays
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NVIDIA to Rule Next Era of Blockchain, Says RBC
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Women in Banking 'Best Banks' with female CEOs; Chase's blockchain leader's techie start
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EY Launches Blockchain-based Platform for Autonomous Vehicle Fleet Management
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$1 Mln Ethereum Plans: European Union Eyes Helping Refugees with Blockchain
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Major Banks Join USC Project for Blockchain-based Cryptocurrency Banking
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Dubai Goes Blockchain to Become Fintech Hub for The East
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Visa Vs. Blockchain
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New blockchain platform helps cut online ad fraud
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Guest Column: Why it's time to have a blockchain strategy
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Bitcoin IRA Launches XRP
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Jeff Christian: Bitcoin Is Not The Safe Haven You Want, Stick With Gold
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Bitcoin Cash is now supported in StrongCoin Wallet
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Store Of Value vs Payment System
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Blockchain for Lawyers: Smart Contracts
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Russia joins forces with Ethereum Foundation to deploy Blockchain technologies in state ...
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Nuco launches Aion Framework to Tackle Blockchain's Interoperability Problem
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BitcoinTV: by World Crypto Network on YouTube
Donate Bitcoin: 1NX6ijFGErktMGNYUHayD5iHDcZSFHdAwe Be a Patreon: http://ift.tt/2pyyM8u $4,708.89USD / BTC | Winkdex http://ift.tt/2uKQCEB Bitcoin Price Sets New All-Time High as Crypto Market Tops $170 Billion - CoinDesk http://ift.tt/2iKp5BP Bitcoin is new gold http://ift.tt/2xzuNtu "gas stations should accept bitcoin" - Google Search http://ift.tt/2eHyGVF Mt. Gox fails to register -- Bitcoin Battle -- Gas Stations should accept Bitcoins (#019) - YouTube https://www.youtube.com/watch?v=ne6_FP973po Gas Station in Colorado Accepts Bitcoins! -- Bitcoin Poker -- New York Bitcoin FUD - YouTube https://www.youtube.com/watch?v=6hqiaC8TVl0 Creator of World's First Bitcoin Fuel Pump Plans Lightning Support - CoinDesk http://ift.tt/2wUZUCG Embattled BTC-e Outlines Three-Stage Process for Bitcoin Exchange Relaunch - CoinDesk http://ift.tt/2x56LIW BTC-E http://ift.tt/2tWUlTn Get ProTip Ready - Support the Show! http://protip.is/ Thomas Hunt (Twitter) https://twitter.com/MadBitcoins Tone Vays (Twitter) https://twitter.com/ToneVays Jimmy Song (Twitter) https://twitter.com/JimmySong Watch more at http://ift.tt/1kez5IZ
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Wednesday, August 30, 2017
BitcoinTV: by BitcoinMeister on YouTube
What happy Bitcoin days we are living though! Why would a person want to be negative in such a glorious atmosphere. Today I talk about all sorts of positive news that is flooding the land of Bitcoin Bgold thread- http://ift.tt/2vLqaus Join #BTG Slack team to apply: http://ift.tt/2vtDiJi Forbes africa BTC cover- https://twitter.com/noggfresh1/status/902952915362611200 speaking of Forbes- http://ift.tt/2wpc8AA Bcash event- https://twitter.com/ViaBTC/status/902862770743328768 http://ift.tt/2vKZcmE I like this guy! - https://twitter.com/lightningasic/status/902857071854477312 Bitcoin song! https://www.youtube.com/watch?v=U6bpPfcocic Russia- https://twitter.com/TuurDemeester/status/902958834959953920 Cointelegraph Bgold-! http://ift.tt/2iILdfX Jack- https://twitter.com/lightningasic Tetweet/vote this poll- https://twitter.com/btc_joe/status/902955755279659010 Broke the Bgold story here- https://www.youtube.com/watch?v=eAukxlpwyHg Birth of the Crypto-dividend- https://www.youtube.com/watch?v=rg86clOEd3A Thursday's show- FIRST TO MENTION BGOLD!- https://www.youtube.com/watch?v=M9n-r9ZKsRg Monday's SHOW- https://www.youtube.com/watch?v=Nt-HoG9oNlo Sunday's show- https://www.youtube.com/watch?v=JgoPKtSfApc This week in Bitcoin- https://www.youtube.com/watch?v=qUml3xhG--c Tuesday's show- https://www.youtube.com/watch?v=4H1hnV6T6-U Saturday's show- https://www.youtube.com/watch?v=kNvlhUDGUT4 Email the Disrupt Meister intern- clark@disruptmeister.com and tell us why you want to be an intern! -------------------------------------------------------------------------------------- CryptoHWwallet affiliate link- http://ift.tt/2pynGy4 "MeisterFreeHW1Over200" This is the coupon that is for people who spends over $200 (exclude shipping) to get a free H.W1. Ledger hardware wallet. Limit 10 pcs only coupon use at first, first come first serve basis only. 1 per customer for up to 10 uses. "cryptoHWwalletTee" free Tshirt with no purchase necessary. buyers need to add the tshirt into the shopping cart, Apply coupon, it'll deduct $7.99 from total which leaves $5.00 to be paid for Shipping Shirts could run out so there might be shipping delays. . There are total 6 crptocurrencies. Bitcoin, Dash, Litecoin, Ethereum, Zcash and Monero. BUY Cryptograffiti shirts here and use the "Meister" discount code to get 10% off anything in the store! http://ift.tt/1SYvsdA : UPVOTE THIS- http://ift.tt/2wI2USg Buy your Bitcoin Trezor storage device here: http://ift.tt/2l8wT08 Buy Bitcoin at Coinbase here: http://ift.tt/2frK5re CryptoHWwallet affiliate link- http://ift.tt/2pynGy4 Adam's Twitter- https://twitter.com/TechBalt Adam's Minds- http://ift.tt/2r6vSJk Support the cause if you like what I have to say: BTC: 124ZqLGRePVx4P6YSDLnzjETZ1ByFsDTfb ETC: 0x36ab30f3ef5165e29b5fcefbc06511004c16ed31 Monero: 47MnZvoKVeZL4xhczW3t7zTnHQhJ3wkJ2Yxgyh2iWKTDhqrvdxjg41xZXrJhzn4yXxGVCJyNBroxK738rHKfGPWkQRQ2jj1 LTC: LcCYcbdFUR5W9rWbozmUrmhtsp89syKnbX ETH: DASH: Xjcpo8Lh6NKQoV3F12pGpXUiK4XRoQyudN Decred: Dsoq2ZPcqQDj5TSBLMAFX2SxCMHaYFnDty4 My latest Steemit post: http://ift.tt/2wI2USg My Steemit page: http://ift.tt/2eAQkeJ https://www.youtube.com/c/BitcoinMeister http://ift.tt/2fIBPWR Value of every cryptocurrency- http://ift.tt/1oKjfXP Watch more of my Bitcoin videos here: https://www.youtube.com/playlist?list=PLLgyAakZPtCVQKl6naVHUfOiICFG8BYMp Adam Meister is available for an hour long Bitcoin/cryptocurrency consultation where he can walk you through the Trezor installation process and help you move your Bitcoins to the Trezor. He will answer all your questions in that hour. Trezor is just one Bitcoin topic that Adam can help you with, you can ask his advice on anything cryptocurrency related. From marketing and promotion to Altcoins to storage and the buy and hold philosophy. Adam's hourly rate is 0.15 Bitcoin. Feel free to email: Adam AT TrezorHelp DOT com to set up a Skype/phone consultation or to arrange an in person appearance or speaking engagement. Adam is available to speak at conferences around the world. Follow Adam on Twitter here: https://twitter.com/TechBalt Buy your Bitcoin Trezor storage device here: http://ift.tt/2l8wT08
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Now Bitcore Nodes Can Switch to Any Bitcoin Implementation — Even Forks
The company Bitpay has been busy lately dealing with the recent blockchain split, the possible upcoming fork, and dealing with the drama over using Segwit2x software. Now the firm has released a preview of its Bitcore version 5.0 protocol which enables any user to run a bitcoin application using any implementation of the Bitcoin protocol.
Also Read: Bitkan Announces the 2017 BTC & Blockchain International Summit
Bitcore’s Modular Nodes Allow Users to Switch to Any Bitcoin Implementation
On August 29 the Bitpay development team revealed a preview release of Bitcore 5.0, a modular full node for Bitcoin and blockchain applications. With the release, users will be able to run any software implementation of the Bitcoin protocol and even forked versions. Previous versions of Bitcore depended on custom extensions of the Bitcoin software, explains Bitpay, but now any client can be used if it can successfully connect to the network.
“Now you can change your Bitcoin client, upgrade it or downgrade it, whenever and however you want — As long as your client can talk to the Bitcoin network, Bitcore can use it,” explains Bitpay’s announcement.
To switch underlying Bitcoin implementations, you can point Bitcore to any full node which supports the Bitcoin P2P protocol, even another fork of Bitcoin. And since you won’t need to fork Bitcore’s code base to do it, switching implementations is easier than ever.
Javascript Bcoin Protocol Creates More Functionality
Bitpay says that by default, Bitcoin runs on a node of the Bcoin implementation, a full Node.js-based client. The firm says that the default to Bcoin allows for more functionality and is easily extendable to create other Bitcore services. “With Bcoin, your Bitcore instance also now automatically supports Segregated Witness (Segwit),” Bitpay details.
Bitcore’s Bcoin implementation makes deploying a block explorer simple. Spin up a Bcoin-based Bitcore full node and block explorer in two easy steps.
Bitcore Users Can Also Designate a Bitcoin Cash Node
After Bitpay announced the latest version of Bitcore 5.0, an individual on Reddit asked the company if Bitcore would support the Bitcoin Cash (BCH) fork. Bitpay’s James Walpole responds by explaining that Bitcore can be set to a BCH node.
“If you are running a bitcoin application (like a block explorer) using Bitcore, you can designate a Bitcoin Cash node,” Walpole details. “This would mean that your own block explorer would now query the Bitcoin Cash blockchain. This would not impact any Bitpay services whatsoever. You can only change the implementation your own Bitcore instance is using.”
What do you think about Bitpay’s Bitcore 5.0 software being able to support multiple clients? Let us know in the comments below.
Images via Shutterstock, and the Bitcore logo.
Want to create your own secure cold storage paper wallet? Check our tools section today.
The post Now Bitcore Nodes Can Switch to Any Bitcoin Implementation — Even Forks appeared first on Bitcoin News.
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Op Ed: Planning an ICO in Canada? Here are 10 Regulatory Points to Ponder
Canada’s securities regulators are paying attention to ICOs. Last week they released a guidance document that explains their approach to token sales/ICOs/ITOs/crowdsales, officially titled “CSA Staff Notice 46-307: Cryptocurrency Offerings.” Here is what this notice means and what it doesn’t mean.
In the press release that accompanied the Staff Notice, Louis Morisset, the chair of the Canadian Securities Administrators (CSA) and the head of the Quebec securities regulator, is quoted as saying: “The technology behind cryptocurrency offerings has the potential to generate new capital-raising opportunities for businesses and we welcome this type of innovation …” The press release recommends the Staff Notice to anyone “… planning to raise capital through an ICO or ITO, or that is seeking to establish a cryptocurrency investment fund.”
The global legal backdrop to Staff Notice 46-307 is increased regulatory scrutiny of token offerings, including the U.S. Securities Exchange Commission report on “The DAO” issued last month and the Monetary Authority of Singapore’s issuance of a regulatory position.
Before diving into what the Staff Notice says, it’s important to understand what a Staff Notice is. The author of the Staff Notice is the CSA, an association of provincial and territorial securities regulators. Regulation of securities is conducted on a provincial basis and is not done at a country-wide level like in most jurisdictions. The CSA is a national forum for harmonizing securities rules and this Staff Notice is essentially a joint position on how Canada’s many securities regulators view ICOs.
The Staff Notice is interesting but it is not a legal change. It does not create any new rules in Canada but it does provide some clarity for anyone seeking to understand how Canadian securities law applies to token sales.
Here are ten key takeaways from the CSA Staff Notice:
1. Regulators will treat each token using a case-by-case approach
A widespread fear in the blockchain industry is that regulators will somehow “shut down” token sales. The Staff Notice assuages that fear:
“Every ICO/ITO is unique and must be assessed on its own characteristics. For example, if an individual purchases coins/tokens that allow him/her to play video games on a platform, it is possible that securities may not be involved. However, if an individual purchases coins/tokens whose value is tied to the future profits or success of a business, these will likely be considered securities.”
This is a great paragraph to see. The regulators are communicating what any lawyer working in this area would have confirmed for a client: Some tokens are securities and some aren’t. This means that the regulators aren’t interested in a knee-jerk response that paints all token sales with the same broad brush.
2. Substance will trump form when it comes to ICOs
A security is not a security because of the words used but because of what it is. The Staff Notice includes a warning to this effect:
“Staff is aware of businesses marketing their coins/tokens as software products, taking the position that the coins/tokens are not subject to securities laws. However, in many cases, when the totality of the offering or arrangement is considered, the coins/tokens should properly be considered securities. In assessing whether or not securities laws apply, we will consider substance over form.”
An illegal securities offering can’t be dressed up to make it a legal product. A high-level staffer in the Ontario Securities Commission was quoted in the Globe and Mail on the same day that the Staff Notice was issued: “So what we’re trying to do is raise awareness that just because you’ve called something a coin or token doesn’t mean it’s now a loophole and you can go and promise your investors great returns, not provide any sort of documentation and not ensure what you’re selling to them is actually suitable for them.”
3. The CSA thinks many ICOs are securities offerings aimed at retail investors
Products are purchased. Capital is invested. When a store sells a good, they don’t consider that sale to be “investment.” Yet the world of ICOs is filled with references to token investors rather than token buyers. Many people speak of “raising capital” when they sell a token, while resisting the characterization of that transaction as the sale of securities. As the Staff Notice points out:
“ICOs/ITOs are generally used by start-up businesses to raise capital from investors through the internet. These investors are often retail investors.”
Many ICOs are being done in order to “raise capital,” rather than to create revenue through the sale of products, and the securities regulators have taken notice. The reference to “retail investors” acknowledges that most of the activity is taking place at the individual level rather than through institutional, large corporate or fund investments. This paragraph indicates that the CSA may view most ICOs/ITOs as securities offerings.
4. The existing legal framework for securities will be applied: Pacific Coin
A critical case in Canadian securities law is the 1978 Supreme Court decision of Pacific Coast Coin Exchange v. Ontario Securities Commission. This is the leading case on what a “security” is in Canada and it’s explicitly mentioned in the Staff Notice. The case lays out the following test:
“1. An investment of money 2. In a common enterprise 3. With the expectation of profit 4. To come significantly from the efforts of others.”
This test is similar to the Howey test in the United States. Note that this isn’t a “test” in the way that most people would understand that word. A legal test is a framework for decision-making that requires understanding the facts, circumstances and recent cases. Consultation with a lawyer will be necessary in order to understand how this test applies to any given situation — and even then it may not be clear.
Essentially, this section of the Staff Notice shows that they’re not planning a unique approach to ICOs. Token sales will be integrated into the existing legal rules for securities.
5. The Regulated System (or why white papers aren’t sufficient disclosure under Canadian securities law)
If a token is a security, that doesn’t necessarily mean that it can’t be sold. It does mean that if it’s sold there will be many rules to follow. The CSA helpfully explains the system in Canada for selling token-securities at a high-level:
“To date, no business has used a prospectus to complete an ICO/ITO in Canada. We anticipate that businesses looking to sell coins/tokens may do so under prospectus exemptions. Sales may be made to investors who qualify as ‘accredited investors’ as defined under securities laws, in reliance on the accredited investor prospectus exemption. For retail investors who do not qualify as accredited investors, sales will typically need to be made in reliance on the offering memorandum (OM) prospectus exemption.”
The above section is followed by a note that “white papers” are not sufficient disclosure to meet Canadian securities rules.
6. There are can be civil as well as regulatory consequences for non-compliance
What happens if Canadian securities rules aren’t followed? The CSA reminds people that beyond regulatory penalties there may be civil penalties:
“It should also be noted that investors may also have civil remedies against persons or companies that fail to comply with securities laws, including a right to withdraw from the transaction and/or damages for losses on the grounds that such transactions were conducted in breach of securities laws.”
The above warning applies to securities-related penalties/remedies. There may also be other civil causes of action generated by an improper sale. Canadian law has many opportunities for buyers to sue sellers for tricking them or not properly explaining what they were selling.
7. Cryptocurrency investment funds ought to follow the rules for funds too
One of the explicit audiences for the Staff Notice is people running or considering running cryptocurrency investment funds. Pages 5-6 have excellent information on what the legal compliance steps are for properly running a crypto fund in Canada.
8. Some token sales are securities offerings, and some token-securities are also derivatives
Securities can also be derivatives and there may be additional rules that apply. The CSA notes that there might be two sets of rules to follow:
“We note that these products may also be derivatives and subject to the derivatives laws adopted by the Canadian securities regulatory authorities, including trade reporting rules.”
9. Resale restrictions need to be considered for tokens that are securities
There is a paragraph in the Staff Notice that could be easily overlooked but contains a very useful tip for anyone designing token systems:
“Allowing coins/tokens that are securities issued as part of an ICO/ITO to trade on these cryptocurrency exchanges may also place the business issuing the coins/tokens offside securities laws. For example, the resale of coins/tokens that are securities will be subject to restrictions on secondary trading.”
This paragraph is a challenge to lawyers who are working on ICOs that are or may be securities. They will have to consider how the rules that apply to securities will be enforced by the system being deployed. How will resale restrictions imposed by securities laws be reflected in the technical system? Will we end up with a new ERC standard for regulated tokens that don’t permit transfer? Or that locks the token for a period of time? A token that doesn’t include the legal rules in its technical rules could end up creating legal trouble for the proponents.
10. The regulatory focus has shifted from crypto investment risks to tokens as securities
In 2014, the securities regulators (specifically, the Ontario Securities Commission) viewed digital currencies through the lens of transactions and speculation:
“Virtual (or digital) currencies like Bitcoin are being used as a type of money and offer a novel way to make purchases and transact business online. However, it remains unclear what virtual currency truly represents. Is it actually money? An investment? Something else? This is still a largely uncharted and unsupervised area, and no protections are likely available to you if you become involved with virtual currency and something goes wrong.”
The Staff Notice is a shift in thinking, away from the “buyer beware” stance that they held before and a recognition that blockchain development is rapidly moving beyond payments and into many other areas of the economy.
This is a guest post by Addison Cameron-Huff, a Canadian blockchain technology lawyer. The views expressed are his own and do not necessarily reflect those of Bitcoin Magazine. This article is for informational purposes only and should not be construed as legal advice. As always, consult with a legal professional before undertaking any activities described.
The post Op Ed: Planning an ICO in Canada? Here are 10 Regulatory Points to Ponder appeared first on Bitcoin Magazine.
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Chinese Officials Travel to US to Discuss Fintech and Cryptocurrency Regulations
Chinese state representatives visited San Francisco last week to meet with distributed ledger technology businesses and regulatory agencies to discuss fintech and cryptocurrency regulations. Officials from the People’s Bank of China, Shanghai New Financial Research Institute, and the Peking University Digital Finance Research Center were among the delegates that took part in the trip.
Also Read: Chinese Regulators Consider Crackdown on ICOs
US and Chinese Representatives Agreed on The “Need to Emphasize the Relationship Between Innovation and Stability” With Regards to Cryptocurrency Regulations
Representatives from China’s central bank and several Chinese research institutes met with US cryptocurrency start-ups and regulatory agencies in San Francisco across August 23-24. Chinese media outlet Sohu reported that the trip was intended “to promote the exchange of financial and technological fields between China and the United States.”
The Chinese representatives met with a wide array of entities during their trip, including Circle, Coinbase, Ripple, fintech start-ups Prosper and Sofi, financial institution Wells Fargo, and the San Francisco Federal Reserve. The Peking University Digital Finance Research Center (IDF) and the Shanghai New Financial Research Institute will soon publish a joint report detailing the delegation’s findings regarding “the status of US financial technology development, regulatory model” making recommendations for Chinese regulators. The discussions focused on the topics of fintech and cryptocurrency regulations, central bank issued digital currencies, and money laundering prevention.
Sohu reports that the delegation members reached a number of “effective and valuable” points of “consensus”, including the “need to emphasize the relationship between innovation and stability” with regards to the development of cryptocurrency and fintech regulations. According to Sohu the discussions successfully “established channels of communication [between] industry agencies… [and] regulatory bodies” from both China and the US.
Delegates Attributed “the Rapid Development of China’s Internet Financial Industry” to China’s “Relatively Loose Regulatory Attitude”
The meetings revealed great insights into China’s regulatory considerations with regards to cryptocurrency and fintech. IDF Director Huang Yiping is reported to have emphasized the need for regulators to “effectively control the risk of internet finance, while not stifling the power of innovation and opportunities,” attributing “the rapid development of China’s internet financial industry” to China’s “relatively loose regulatory attitude.”
Representatives from the Bank of Sun Guo-Feng are reported to have articulated their belief that a sound regulatory apparatus should comprise three components – “financial institutions, technology companies, and regulatory technology companies.” The Chinese officials also “stressed” the importance of “artificial intelligence technology” in “prevent[ing] systemic financial risk.” In order to effectively manage the risks associated with financial technology, the PBOC will “focus on the development of a macro-prudential management frameworks in regulatory technology, either by independent research and development by regulators or by outsourcing research and development.”
The delegation was led by Huang Yiping, the director of the Digital Finance Research Center of Peking University and Vice President of the National Development Research Institute of Peking University. Other Chinese representatives included the secretary general of the Chinese Financial Society, the executive of the Shanghai New Financial Institute, the Director of the Institute of Finance for the Bank of Sung Guofeng and the head of research for the Chinese Finance Association of Internet Strategy – illustrating the significance of the meetings.
Do you think Chinese and US authorities will develop complimentary frameworks for cryptocurrency regulations? Share your thoughts in the comments section below!
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PR: Cointal, The First Multi-Cryptocurrencies P2P MarketPlace Launched Pre-Signups
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
Cointal is the one website you’ve been waiting for. So far, we may have seen many Peer-to-Peer Marketplaces, but none concerned themselves with procuring any feature that would reassure all traders at once.
First of all, no P2P marketplace has ever proposed more than two cryptocurrencies at once. On Cointal, you can choose the deal that suits you the most and buy/sell the most promising cryptocurrencies so as to exchange it for cash later on.
For the moment, Bitcoin (BTC), Ripple (XRP), Ethereum (ETH) and Litecoin (LTC) are already available for traders on the platform. Cointal is aiming to become the first centralized Multi-cryptocurrency P2P Marketplace encompassing all fancied cryptocurrencies.
Thanks to their partnership with BitGo Platform, an all-in-one wallet is offered and made available once signed up. More cryptocurrencies will be added. The list will be stretched even more. They’re targeting at least 10 different cryptocurrencies to be made available before early-2018. Charging you only 1% fee for selling, Cointal allows you to register and to buy any available cryptocurrency, for free.
Also, this marketplace proposes multiple payment methods, for example: (Bank Transfer, Cash in Person, Credit/Debit Card, Gift Cards, Money Gram, Neteller, Paypal, Skrill, Western Union, etc.)
Having been scammed for too long, traders are forcibly looking for more security, more payment facilities, smoother transactions, and being able to experience the trade however they feel like without fear. Furthermore, Cointal integrates free insurance for everyone who uses their website. Anyone who suffered from a scam while using Cointal will immediately get a refund.
The social aspect plays an integral role for the company. Social features such as Social Chat, private messaging (without opening a trade) will be made available from day one, along with all fashionable social networks, keeping you updated and always in contact with the team.
Looking good until now? Well, there’s more!
Given the fact that Cointal’s team regroups many ambitious traders, their first reflex was to get inspired by their predecessors’ marketplaces and exchange platforms. Be it design, professionalism, swiftness or promptness, Cointal has a major concern: to have all of the above incorporated in one single place.
All business endeavors are fully secure and compatible with any platform. Be it phone, tablet or computer, Cointal provides a service that includes:
– Escrow (financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction) with a Feed-back system (for a better experience).
– No deposit or withdrawal limits for all the cryptocurrencies.
– A multi-secure wallet provided by BitGo Instant (allows on-chain, zero confirm and instant transactions between participants).
– A complete support platform (Live Chat, phone number, support tickets).
– An awesome affiliate program (Users earn a percentage on each transaction made by their referrals.).
– Anti-hacking platform (DDoS, Phishing, hacking and social frauds, etc.) which makes the two-step verification system mandatory.
– Mobile app (that will be available before fall 2017).
– Worldwide service along with the team’s full transparency.
On to the serious business now.
Cointal offers a special treatment to the first comers. Given the fact that they haven’t launched their platform yet, they are willing to create a small and trusted community before the official launch. The First members are given some privileged advantages.
The first 1000 subscribers will be exempt from all charges for their first 100.000,00 USD trade volume. Their profiles will be given a significant label: ”Cointal Builder” that will improve their reputation within the community.
They will be eligible to apply to be moderators in the social chat, the blog and even the Cointal forum.
In case of any problem with their account, their requests will be given first priority, without support tickets; they can instantly request a phone call to resolve their issues.
Once every month, three (3) of these lucky members will be randomly given 10.000,00 usd worth of BTC.
Their Website is almost ready.
Currently, they are still working on some final adjustments.
However, they welcome you to check their gallery to see how it looks like: http://ift.tt/2xAtE3V
To benefit from these special features and be one of the firsts to join their platform before the launching, they have created a subscription page. You can find the link down below.
http://www.cointal.com/
Joseph A.
Chief Marketing Officer
cointal.app@gmail.com
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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Google’s John Martinis Believes Quantum Computing Threat to Be Long Way Off
At a recent crypto event, Google’s John Martinis addressed the hypothetical threats posed by quantum computing, stating that we are still many years from being able to realize quantum computers. Concerns regarding the threat quantum computing may pose to RSA encryption has been increasingly discussed within the cryptocurrency community in recent years.
Also Read: Antonopoulos Details Bitcoin’s Two Layers of Protection Against Quantum Computing
The Perceived Threat Posed by Quantum Computing Is That It May Be Able to Break RSA Encryption and Digital Signatures
Google’s John Martinis recently rejected the notion that quantum computing may pose a direct threat to cryptocurrency in the near future. Speaking at the University of California Santa Barbara as part of the Crypto 2017 event, Martinis says he believes it will take at least a decade until quantum computing may be realized, stating that building such is “really, really hard, way harder than building a classical computer.”
The perceived threat posed by quantum computing is that it may be able to break RSA encryption and digital signatures. “That would mean you could forge transactions, and steal coins,’” stated Bernardo David, a cryptography expert from the Tokyo Institute of Technology. Martin Tomlinson, a professor in the Security, Communications and Networking Research Centre at Plymouth University, articulated the hypothetical threat that quantum computing may pose to bitcoin in a 2016 interview with MSN. “If you have a quantum computer then you’re able to just basically calculate the private key from the public key… it would take just a minute or two. So by learning all the private keys using a quantum computer, you’d have access to all the bitcoin that’s available.”
Many Cryptocurrency Developers Are Actively Seeking to Address the Threats Posed by Quantum Computing
In refuting the threat, Martinis has pointed to an instability of quantum bits (qubits) – which are the counterpart to bits in classical computing. Martinis describes qubits as resembling a three-dimensional version of bits, which rather than representing a strict, binary 1 or 0 (as is the case with bits), qubits can simultaneously represent both values in a dynamic array of “superpositions”. As such, Martinis argues that popular perception that competing quantum computing research labs are engaging in a race to produce the most qubits is inaccurate, stating that of equal importance is a lab’s ability to reduce the number of qubit errors that are generated.
Despite the distant nature of the hypothetical threat posed by quantum computing, many cryptocurrency developers are actively seeking to address such. QRL, or Quantum Resistant Ledger, is an altcoin that was developed with evading quantum computing as its principal stated utility. The Russian Quantum Centre has also stated its intention to expand its research in quantum proof blockchain solutions. These endeavors indicate the cryptocurrency community is taking the perceived threat seriously, well before quantum computing has become a reality.
Do you think that quantum computing poses a threat to bitcoin and cryptocurrency? Or do you think that developers will have the capacity to evade quantum computing’s threat by the time such has been realized? Share your thoughts in the comments section below!
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BitcoinTV: by World Crypto Network on YouTube
Donate Bitcoin: 1NX6ijFGErktMGNYUHayD5iHDcZSFHdAwe Be a Patreon: http://ift.tt/2pyyM8u $4,561.30USD / BTC | Winkdex http://winkdex.com/ Bitcoin is surging in price and popularity, but so are the complaints http://ift.tt/2vE8MZ7 Why Miners Are Mining Bitcoin Cash – and Losing Money Doing It - CoinDesk http://ift.tt/2vqW3gz Bitcoin jumps to record high, offshoot 'bitcoin cash' falls http://ift.tt/2xK79tp Bitcoin Going Away Is ‘Delusional’ Thinking: Finance Advisor To Investors http://ift.tt/2wnuuC4 Here’s how bitcoin is dwarfing housing and dot-com bubbles - MarketWatch http://ift.tt/2wnxE8I Bitcoin Legal Panel - The SEC and You - YouTube https://www.youtube.com/watch?v=h74eo8s14rw Off Chain Ep #2 - Eric Lombrozo - YouTube https://www.youtube.com/watch?v=yO8PWNm0npo Get ProTip Ready - Support the Show! http://protip.is/ Follow MadBitcoins on Twitter: https://twitter.com/MadBitcoins Watch more at http://ift.tt/1kez5IZ
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PR: Archain Is Building an Uncensorable Internet Archive Inside a Cryptocurrency
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
The developers of Archain have released the first version of their new cryptocurrency and archiving system. This archiving system, built on revolutionary new cryptographic technology, would allow users to submit documents and webpages to an archive that is truly permanent and uncensorable for a small fee in the archain currency, ARCs. Users will be able to “mine” these ARCs themselves, or buy them from other users.
Such technology comes at an extremely welcome time; with internet censorship on the rise and the neutrality of the internet being widely called into question, an archiving tool that is truly out of the reach of any individual or organisation – even its creators – will allow citizens of the world to take part in the fight for free speech and expression. Archain hopes to live up to these expectations, “No longer will it be possible for our history to be forgotten” said Sam Williams, Archain’s CEO. “Archain is going to plug the Orwellian memory hole”.
However, the archain project is not just taking place behind closed doors. As well as open sourcing their product, the archain team have encouraged external developers to take ownership of the fight against undue internet censorship. Alongside its prototype, the Archain team has already released a toolkit to allow developers to build apps that will utilise the network’s permanent storage features, as well as instructional videos to help new developers get started.
In order to face the challenge of the internet-level scaling that Archain requires, the system employs novel Proof of Access and blockweave technologies. These technologies allow Archain to scale to levels far out of reach of traditional blockchain-based cryptocurrencies. By integrating data from randomly selected previous blocks into the mining of each new block, miners are financially incentivised to form a self-optimising network of storage and redundancy, creating a cryptocurrency that can rival the internet in scale. The details of these technologies can be found in the Archain whitepaper.
Development of the Archain product is well underway, with the first prototype and the app developer toolkit publicly available. You can contribute to the Archain project by taking part in our token pre-sale, ending 13/09/17.
Press Contact Email Address
sam@archain.org
Supporting Link
www.archain.org
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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Australian Government: Bitcoin Is Causing Organized Crime to Proliferate
The Australian government believes it has honed in on the cause of increased organized crime. According to an (ACIC) report, bitcoin and cryptocurrencies are to blame. Officials in the country suggest cryptocurrency usage in organized crime has run rampant.
Also read: Moscow Stock Exchange Prepares to Trade Cryptocurrency
The report clarified the government’s position: “The two key enabling technologies currently used to facilitate serious and organised crime are virtual currencies and encryption. Virtual currencies, such as bitcoin, are increasingly being used by serious and organised crime groups as they are a form of currency that can be sold anonymously online, without reliance on a central bank or financial institution to facilitate transactions.”
Cryptocurrency and Exchanges Facilitate Crime; Australia Crackdown
The Australian government further states that bitcoin exchanges are largely to blame. They do not have enough transparency and regulatory oversight, suggests Australian officials. In this sense, they are basically allowing all manner of crime to proliferate. Austrian justice minister Michael Keenan, states bitcoin can be traded anonymously and is significantly traded on international exchanges.
This information follows recent bill introduced by Australian politicians to regulate exchanges and altcoins. The bill is meant to help the Australian government fight terrorism. News.Bitcoin.com covered the story a few weeks ago;
This legislation is part of the country’s first stage of reforms “to strengthen the Anti-Money Laundering and Counter-Terrorism Financing Act and increase the powers of the Australian Transactions and Reporting Analysis Centre (Austrac),” according to the announcement. Austrac is the country’s financial intelligence agency responsible for anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.
Betting Websites and Money Laundering
The Financial Magnates article also mentioned that government in Australia is concerned about online gaming/gambling sites. The ACIC reported stated these type of sites further facilitate organized crime. It wasn’t readily apparent how bitcoin played into this, except that cryptocurrency may be used for transactions on gambling sites. The site did mention that Australian authorities believe bitcoin and other cryptocurrencies may be causing a hike in human trafficking.
The site read, “Recently, a connection between cryptocurrencies and human trafficking was also established. As Bitcoin offers anonymity, there is an added difficulty in deciphering whether an advertisement is promoting consenting sex workers or victims coerced into slavery.”
Do you think Australia will eventually just outlaw bitcoin? What do you think about their opinion toward organized crime and bitcoin facilitating it? Let us know in the comments section below.
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Bitkan Launch OTC Bitcoin Cash Trading via Mobile App
Bitcoin trading services provider, Bitkan, has announced the launch of over the counter (OTC) bitcoin cash trading. OTC trading allows users to trade bitcoin cash outside of the order books of exchanges, allowing high volume traders to access competitive pricing.
Also Read: Bitkan Announces the 2017 BTC & Blockchain International Summit
Bitkan Has Launched OTC Bitcoin Cash Trading on Its Mobile App
Bitkan has announced the launch of OTC bitcoin cash trading, which is available to users via the Bitkan’s mobile app. Bitkan launched the OTC bitcoin trading feature on its mobile app last year, following significant investment from Chinese mining hardware company, Bitmain.
Bitkan issued a statement articulating the company’s view that bitcoin cash trading comprises an extension of the bitcoin markets, and the company wishes to stay competitive with other major players within China’s cryptocurrency trading industry. “BCC users are largely BTC users. And Okcoin and Huobi have opened BCC deposit and withdrawal services, which suggests that BCC could gain more momentum soon.”
“The Cryptocurrency Market Is Very Active This Year”
Alongside the introduction of OTC bitcoin cash trading, Bitkan also launched ethereum support for their mobile app this week. Bitkam representative Sandy Liang has told media that Bitkan believes OTC cryptocurrency has significant growth potential in China, stating that the company “thinks the cryptocurrency market is very active this year, users’ demand is growing too. We see the OTC market should be pluralistic”.
Bitkan was founded in China in 2013, and has sought to become a market leader in China’s mobile bitcoin services industry. Bitkan will host a major cryptocurrency and blockchain event in Beijing next month, called the ‘Shape the Future’ 2017 Blockchain Global Summit.
The event will host the screening of Bitkan’s documentary premiere, which news.Bitcoin.com has covered here. The event will be in attendance by many Chinese and international cryptocurrency industry leaders, including Bitmain’s Jihan Wu, Huobi’s Leon Li, OKCoin’s Star Xu, CHBTC’s Dawei Li, ViaBTC’s Haipo Yang, MGT Capital Investments CEO John McAfee, and Bitcoin.com CEO Roger Ver.
Do you believe that there is sufficient demand for OTC bitcoin cash trading from China’s markets? Share you thoughts in the comments section below!
Images courtesy of Shutterstock and Bitkan
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Why Miners Are Mining Bitcoin Cash – and Losing Money Doing It
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PR: LAToken Closed Round 1 of the Token Sale at $330m Valuation
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
London, August 30, 2017 – LAToken, the first tokenized assets platform, has completed the Round 1 of its Public Token Sale way ahead of schedule at $330 million valuation*. We sold 30,000,000 LATs, raising $9,54 million in 3 days.
LAToken Public Token Sale will be completed in 4 Rounds with the proceeds used for tokenization and trading development of the key asset classes. The price will increase in each round. Round 2 starts on September, 5. We will sell 50,000,000 LATs at 0,0011 ETH. The proceeds will be used for tokenization and trading development of Real Estate. The price for Round 3 will be 0,0013 ETH.
LAToken is a blockchain platform that tokenizes and makes tradeable assets ranging from equity and debt to real estate and works of art. Crypto investors can already trader Apple, Amazon, and Facebook shares, as well as gold and oil on our platform and diversify their portfolios with blue chips, safe heaven assets, and commodities, using cryptocurrencies.
«LAToken bridges the crypto- and real economies by enabling our clients to trade real assets in cryptocurrencies. This will make markets more efficient, transparent and cost effective. We are happy that so many people share our vision and believe in LAToken», — says Valentin Preobrazhenskiy, CEO of LAToken.
LAToken attracted top-notch experts from global financial institutions, IT and security companies to its Advisory Board, that now includes Bradley Rotter (Rivetz), Anish Mohammed (Hyperloop), Hague Van Dillen (Franklin Templeton). Just a few days ago the former COO of UBS and Senior Regulatory officer of Deutsche Boerse Cecilia Mueller Chen joined our team to advise on legal and regulatory compliance.
About us
LAToken transforms access to capital and enables cryptocurrencies to be widely used in the real economy by making real assets tradable in crypto.
We decentralize capital markets, making them more transparent, efficient and sustainable, while removing the cost of traditional middle men and “too big to fail” institutions.
This results in smarter capital flow, empowering people across the world to bring their most productive ideas to life for the ultimate benefit of society.
Contact details
Tel: +44 7509 764697
Email: ico@latoken.com
* with frozen tokens taken into account
Press Contact Email Address
kate@latoken.com
Supporting Link
http://ift.tt/2uuRYnQ
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
The post PR: LAToken Closed Round 1 of the Token Sale at $330m Valuation appeared first on Bitcoin News.
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