Politics are taking on an important role in the future of Bitcoin in India. The India National Congress, an opposition party to the Bharatiya Janata Party, has claimed that the BJP is at the center of a huge Bitcoin scam. The allegations were made by Shaktisinh Gohil, a senior member…
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UK FCA Starts DLT Sandbox
According to information from the U.K. Financial Conduct Authority (FCA), 29 companies have been approved for the regulatory sandbox, with 40 percent of them implementing distributed ledger technologies (DLT). The regulatory sandbox is an initiative put together in the UK designed to give the opportunity for organizations to try…
More Legal Updates Concerning Cryptocurrency Transactions
Two Nevada men have reached an agreement with the Securities and Exchange Commission of the United States. The settlement is in regards to a lawsuit by the SEC which alleges that the men sold unregulated stock in UBI Blockchain Internet Ltd., a company which claimed to be developing blockchain technology.…
Don't Worry About Money: Why Bitcoin is the Most Stable Cryptocurrency
In recent years, the concept of "cryptocurrency" has taken the world by storm. The most popular form of this virtual money is Bitcoin. Some people strongly believe in Bitcoin and its buying and selling power, as well as its value. Others, however, are wary of it and feel…
Dead Cryptocurrency Projects Create Confusion for Potential Investors
As of June 30, 2018, there are 1,000 crypto projects that are dead now. There are two places where the evidence of this can be found. Why did they die? Well, there could be many factors for that. When dead crypto means that the projects have been abandoned, have…
tZero Announces Plan to Purchase Security Tokens with GSR Capital
In a press release that was published on June 29th a subsidiary of Overstock.com, tZERO, signed a letter of intent to purchase $160 million in tZERO Security tokens with GSR capital, an investment company. GSR capital is based in Beijing and will buy tZero tokens, valued at $10 each,…