• By the look of things, trouble is brewing in parts of Africa, as the Central bank of Nigeria  has issued an order to ban the usage of credit and debit cards abroad. According to one of the affected commercial banks in Nigeria, this is just a temporary measure, although the real reason behind the decision is still pretty vague at the moment. Will this create another opportunity for Bitcoin? Also read: Decred: The New Kid

    Bitcoin To Benefit From Central Bank of Nigeria’s International Card Ban

    | 2015/12/23 2:58 am
  • Contrary to popular belief, Bitcoin is not the preferred currency to fund terrorist attacks. Due to its open ledger accountability and not offering any form of anonymity whatsoever, Bitcoin transactions can easily be tracked from origin to recipient. The main threat comes from insufficient dirty money regulation, especially as far as the UK is concerned. Also read: The Political Bitcoin Crackdown Cash Is Anonymous; Bitcoin Is Not Laundering money is a serious threat to countries

    Lacksidasical AML Efforts Help Fund Terrorist Attacks – Bitcoin Not To Blame

    | 2015/11/23 5:35 am
  • The G7 nations have been reported to have plans to tighten up their grips with the regulation of digital currencies and financial technology. The German magazine Der Spiegel reports that due to current events concerning terrorism the industrial countries believe that a plan must be enforced for these new concepts. Also Read: Teaching Encryption Soon to Be Illegal in Australia   Many media outlets have been telling the tale of bureaucrats currently skeptical of encryption

    G7 Leaders Looking To Regulate Digital Currencies

    | 2015/11/19 8:54 am
  • US Senator John McCain told reporters that he will be holding hearings and will pursue legislation to require companies to provide the government access to certain encrypted user data. However, encrypted P2P platforms for secure communications are designed so that the companies hosting the services don’t have access to the content, which would create a problem if these businesses were forced to give up this information. Such legislation would require companies to completely redesign of many flagship products,

    Senator John McCain Pushing Government Access to Encryption Protected Data

    | 2015/11/19 8:00 am
  • Food delivery services are a convenient form of feeding yourself after a hectic day. French startup Wynd is taking things one step further, by offering a service that combined discovering new restaurants, with a way to order your favorite, and pay for everything within one and the same ecosystem. In a way, Wynd disrupts the traditional chain of command in which restaurants rely on major software vendors to create a custom-tailored solution. Also read: You

    Wynd Creates Modular Restaurant Software Solution – Huge Potential For Bitcoin

    | 2015/10/12 12:51 pm
  • Privacy is one of the major topics of concern for everyday consumers these days. Especially as far as online data is concerned, there doesn’t seem to be any form of privacy left. But in California, that situation is about to change. Law enforcement agencies will need to obtain a legal warrant if they intend to snoop at somebody’s online data, including email accounts. Also read BlockChainGroup.io President Shone Anstey on new Bitcoin Blockchain Analytics Engine

    California Legislators – Protecting Consumer Privacy and Opposing Bitcoin Bill

    | 2015/10/09 5:29 am
  • A recent article from the media site El Universal has incorrectly espoused that Bitcoin is now banned in Mexico per a recent decision by the Mexican Tax Administration Services (SAT). The Mexican SAT, the equivalent of the United States IRS, has not banned Bitcoin. Instead, it has merely clarified that the existing bans on large transactions using cash (heinous in and of themselves), also apply to Bitcoin. Also read: Snoop Dogg Learns One Reason Why

    There Is No Bitcoin Ban In Mexico

    | 2015/09/28 4:03 pm
  • Freedom of speech is a basic human right that is not embraced with open arms in every country in the world. China has its great “firewall”, and it looks like Thailand wants to restrict Internet access in the entire country as well. The political groundwork for Thailand’s Great Firewall has been revealed, and it’s not looking good. Also read: Jeb Bush Wants to Repeal FCC Net Neutrality Regulations Internet Censorship in Thailand Is Coming Closer

    Great Firewall of Thailand Proposal Could Enforce Bitcoin Ban Even Further

    | 2015/09/24 4:53 am
  • In the Spring of 2015, the Federal Communications Commission modified its common carrier regulations to include Internet Service Providers (ISP), essentially creating net neutrality in the United States. Now, Republican presidential hopeful Jeb Bush hopes to reverse the FCC’s decisions and overturn those regulations, returning the ISP industry to the way it used to be. Also read: Neteller Lowers Bitcoin Deposit fee to 1%, Twice as Cheap as Credit Cards Bush’s argument for repealing net

    Jeb Bush Wants to Repeal FCC Net Neutrality Regulations

    | 2015/09/23 7:10 pm
  • The New York Department of Financial Services (NYDFS), which has made life for Bitcoin companies difficult with its BitLicense, has gone soft on Symphony, a secure messaging company backed by 15 Wall Street banks. The company has launched its new services after hammering out a deal with the regulatory agency that once threatened to shut down the first real challenge to the Bloomberg Terminal. Also read: BitLicense Casualty: LocalBitcoins Exits New York Tough Challenge to Bloomberg Terminal It appears

    NYDFS Going Soft? Symphony Allowed to Launch Despite Encryption Methods

    | 2015/09/18 8:00 am
  • The highly controversial California AB 1326, often referred to as “California’s BitLicense” has failed to pass in the Legislature. The bill, which would require Bitcoin many Bitcoin businesses operating in California to apply for a state-issued License, failed to pass before the September 11 deadline. The strict nature of the bill has led the Bitcoin community to compare it to New York’s BitLicense, which has forced many Bitcoin businesses to cut off their services to New

    California Bitcoin Bill Dies in the Legislature

    | 2015/09/16 1:52 am
  • Russian citizens face a huge challenge to their right to privacy as the government has passed the law requiring firms to store the data of Russian citizens on Russian soil. These new rules are being seen as a way for Russian president Vladimir Putin to tighten control over the internet, and have generated controversy about the possible impact this move may have on the world’s largest Internet companies. Customer privacy is also of concern, as well

    Controversial new Russian law Dangerous for Online Privacy

    | 2015/09/13 8:00 am
  • Russia is not exactly known for its tolerance of free speech, adult content, and virtual currencies. In recent months, the Russian Internet watchdog Roskomnadzor has blocked access to various Bitcoin websites, as well as Wikipedia. But it looks like these woes are far from over, as Roskomnadzor has blocked access to various adult websites, including PornHub. Also read: Adult Player, The Android App, Takes Photos of Users and Extorts Money PornHub and Others Violate Porn

    Russia Blocks PornHub, More Bitcoin Restrictions Soon?

    | 2015/09/09 12:30 pm
  • Bitcoin regulation in the state of New York remains a topic of heavy debate, as the latest company to halt its services in the state is none other than LocalBitcoins. The largest Bitcoin peer-to-peer marketplace in the world is being hindered by the BitLicense regulations put in place earlier in 2015. Also read: Coinbase Asking for More Information Than Banks? BitLicense Claims LocalBitcions as Next Victim Whether people like or dislike the idea of regulating Bitcoin at

    BitLicense Casualty: LocalBitcoins Exits New York

    | 2015/08/14 3:00 pm
  • Blockchain analytical tools and services are both a blessing and a curse, according to Bitcoin industry experts. The Bitcoin community is divided into two camps: those who embrace the transparent aspect of the blockchain and financial transactions, and those who want to use anonymizing services to cover their tracks. Unmasking Bitcoin transactions could throw a monkey wrench into the plans of that second category of users, and Sabr.io aims to do exactly that. Also read:

    SABR.io Identifies Illegal Activity on Blockchains, Willing to Work With Law Enforcement

    | 2015/08/12 5:29 am
  • Chinese Bitcoin Exchange Huobi’s CEO Leon Li has posted basic information regarding bitcoin and recommendations on its regulation in a recent article titled: “A Study on the Current Developing Situation and Regulation of the Bitcoin Industry.” This article was written for the Tsinghua Financial Review, an influential journal in China. Tsinghua has not posted articles involving digital currency, and neither has any other influential journal in China. An interesting fact considering China’s huge involvement in

    CEO of Chinese Bitcoin Exchange Huobi Wants to Influence Policymakers On Bitcoin

    | 2015/08/11 10:25 pm
  • The US government is looking for ways to obtain more sensitive personal information from its citizens. To do so, a proposal was made a few weeks ago to have companies build in a “backdoor” into their hardware and programs, through which the government can gain access to user data. However, even Michael Chertoff, former head of the Department of Homeland Security, thinks this approach is “a stupid idea”. Also read: Educational Credential Fraud Lands Government

    Using Backdoors for Government Surveillance is “A Stupid Idea”.

    | 2015/07/28 4:55 am
  • While Bitcoin excels in many ways due to its uniqueness; we’ve never seen anything like it before. This is usually a good thing, but when it comes to documentation or anything in the legal industry it becomes a disaster. We are left with individual interpretations as there are no precedents to base new legal rulings on. As we speak, governments are still ironing out the details in how they will deal with the disruptive financial

    The Law Of Bitcoin released; Legal Guidance For Bitcoin!

    | 2015/07/15 8:00 am
  • Decentralization of everyday aspects of our society is upon us, and as you would come to expect, government officials are not too keen on giving up their control and power. Airbnb is one of the most interesting projects in recent years, as it allows citizens to rent out their home for a short time to people looking for a place to stay. Also read: Tim Draper-Backed DataWallet Pays Users To Sell Personal Info To Advertisers

    San Francisco’s Board of Supervisors Wants to Centralize Airbnb And The Decentralized Economy

    | 2015/07/13 7:02 am
  • In Europe, online gambling has recently caught the attention of regulators in several countries. This sudden interest has been sparked by a desire among regulators to do more to curb problems normally associated with gambling. Some solutions that have been offered include greater transparency, licensing measures, prohibitions that make it harder for minors to engage in online gambling, and stricter rules on marketing and advertising. The concerted efforts to make online gambling safer, which is being touted

    UK to Address Illegal Bitcoin Gambling Activities

    | 2015/07/10 9:00 pm
  • In the past year and a half, a lot of focus has been put onto privacy and how governments have been spying on both citizens of their own country, as well as other officials in foreign countries. A draft bill has surfaced in The Netherlands, which would regulate bulk surveillance from an online perspective. Also read: MIT’s Enigma: Decentralized Cloud Platform with Guaranteed Privacy The End of Privacy As We Know It? Our society has

    Dutch Government Officials To Change Privacy Laws With Bulk Online Surveillance

    | 2015/07/05 11:33 am
  • Online casino-style gaming in the United States could be changing very soon. That is, if two Republican senators running for president have a say in the matter. A legislation has been proposed, which, if approved, would revert the decision made by the Barack Obama administration of legalizing online, casino-style gaming. Also read: Bitcoin is Simplifying Gambling Legalization of Online Casino Gambling Since 2011 The United States have always had a bit of a history when

    Republican Senators Want to Outlaw Online Gambling in the US

    | 2015/06/26 2:43 pm