Could a cashless society be in South Korea’s immediate future? It’s a question that’s led to a lot of confusion over recent years for South Koreans. Local media stations are reporting that The Bank of Korea (BOK,) which is South Korea’s central bank, has announced plans…
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Government Regulation
Bitcoin, Ethereum, and all other altcoin cryptocurrencies follow varying government regulation around the world. 99 Crypto reports on regulatory cryptocurrency news as it unfolds.
How To Spot A Cryptocurrency Scam: Federal Trade Commission to Host Free Workshop
The Federal Trade Commission (FTC) has announced that they will host a free to attend a workshop called "Decrypting Cryptocurrency Scams" in the upcoming summer. This was confirmed by a press release published on April 30, 2018. Their goal is to raise awareness about potential fraud in the…
Is Malta Becoming the New Cryptocurrency Capital of the World?
The tiny, unassuming European island nation of Malta now trades more cryptocurrency by volume than any other country in the world, according to recent reports from Morgan Stanley. It beats out the next highest countries: Belize, Seychelles, the United States and South Korea. This is due to well-defined and easily…
A perspective on ICO's and cryptocurrencies.
The backlash against ICOs for new cryptocurrencies has taken another dramatic turn. Capital Group has amended its policies to prohibit its associates and their family members from investing in ICOs and IPOs. The new policy from one of the oldest investment groups in the United States took effect on April…
Is big banking finally coming to terms with cryptocurrency?
Banks have existed since Egyptian times, but not as we know them today, with checking and savings accounts, safe deposit boxes for gold and jewelry, mortgage loans on the ready, and thousands of dollars of cash on hand. Financial institutions are helpful for society, and all, but their power rests…
Bitcoin Hangs on to a Bit of Hope in Russia
Russia is in a love-hate relationship with cryptocurrencies and their previous ban didn't help things. Since the supreme court of Russia is now reviewing the ban, there may be hope for legal dealers to once again have a presence in one of the world's largest markets. The drama in Russia…