• Iceland’s Pirate Party, part of a worldwide movement representing hackers, anarchists and Bitcoin enthusiasts, could possibly lead the country’s next government after Saturday. Current opinion polls have it ahead of any other party. Also read: Only Permissioned Blockchains Can Transform Finance, Says Chain’s Ludwin Although eight parties appear on the polling chart, under a parliamentary system it’s usually the largest party that has the opportunity to form a government first. Unlike the U.S. and U.K., it’s

    Bitcoin-Friendly Pirate Party May Win Iceland Elections Saturday

    | 2016/10/27 5:00 am
  • Popular Bitcoin and altcoin exchange Poloniex has submitted a request for no action relief to the Commodities and Futures Trading Commission (CFTC) around potential allegations that required timing of the “actual delivery” of cryptocurrency, regulated by a 28 day period in the Commodity Exchange Act (CEA), has been violated. Also read: ‘GAME Changer’ Announced at Coinsbank Blockchain Summit in Turkey The digital nature of cryptocurrency, however, does not mend well to the wording of existing

    Poloniex Seeks Regulatory Clarity From CFTC Following Allegations

    | 2016/10/19 7:44 am
  • It appears the US Securities and Exchanges Commission (SEC) needs more time to examine the Winklevoss brothers’ Bitcoin exchange-traded fund (ETF). A filing released today announced further proceedings to approve or disapprove a necessary rule change on the Bats BZX Exchange. Also read: Bitcoin Uncensored Exposed: Chris DeRose Definitely a CIA Shill Commodity Rule Change Required The exchange’s Rule 14.11(e)(4), regarding commodity-based trust shares, needs to be amended before a cryptocurrency-based ETF may list. The Winklevoss’

    SEC Wants More Time to Decide on Winklevoss Bitcoin Fund

    | 2016/10/13 1:20 am
  • Texas police arrested Backpage.com CEO Carl Ferrer on Thursday and will move to shut down the site. The classified ad site is accused of human trafficking through its adult services section, which reportedly makes 90 per cent of its revenues. Also read: A Guide to Bitcoin and Cryptocurrencies The arrest was a joint operation between the Texas and California attorneys-general offices. This case does not accuse anyone of providing or paying for adult services with bitcoin.

    Backpage CEO Arrested, Site Likely to Be Shut Down

    | 2016/10/07 9:56 am
  • The financial crisis of 2008 bankrupted the tiny country of Iceland, and a few years later a digital currency called Auroracoin was released to all residents as a way to change how they approached money.  Many saw it as potentially becoming the first national digital currency, but it never reached its full potential.  Now, renewed interest in Auroracoin is putting it back into the minds of those in the crypto world. Also read: Bitcoin Uncensored 49: A New

    Iceland Election Rekindles Interest in Nationalist Auroracoin

    | 2016/10/05 7:47 am
  • A Federal Trade Commission (FTC) panel said on Wednesday that while the threat of ransomware can be scary, simple “cyber hygiene,” or in other words, routine and basic security measures, are often enough to sufficiently counter these online attacks. Also read: Innocoin Co-Founder Talks Details on Crypto Trading Service FTC Panel Talks Ransomware Nevertheless, the panel did not want to downplay the threat, or the damage ransomware has caused everyday users who have been victimized by

    The FTC Just Gave Us Simple Advice for Preventing Ransomware

    | 2016/09/09 11:26 am
  • On July 18th, 2016, the California Public Employees’ Retirement System (CalPERS) discussed investing in the blockchain at “2035 Vision — Investing in the Future,” a talk on the agency’s future vision plan. Also read: Kim Dotcom Requests Court Hearing to Be Livestreamed Blockchain: Investing in the Future The talk was lead by Jesse McWaters, Project Lead, Disruptive Innovation in Financial Services, Financial Services Industries, World Economic Forum — who provided a presentation about blockchain technology

    California Public Employees’ Retirement System Talks Investment in Blockchain in 2035

    | 2016/08/30 5:00 am
  • You can use bitcoin to play poker, play casino games and bet on sports. You can also bet on Trump or Clinton the US presidential election. In a little over two months, there will be a new president. Who do you think will be the next president? Also read: Bet on MMA with bitcoin – Mc Gregor vs. Diaz Trump vs Clinton: The Candidates Hillary Clinton: former First Lady and Secretary of State. If elected, Clinton

    Trump vs Clinton: Bet on America’s Future with Bitcoin

    | 2016/08/24 5:00 am
  • India has expanded their draconian internet copyright and media enforcement policies from DNS filtering banned IPs, to enforcing those bans with up to 3 years jail time and up to a $4500 USD fine for attempting to visit a blocked site. Said enforcement is facilitated with assistance from Indian ISPs Read Also: Secure Boot Hack is a Good Thing: Here’s Why India Lets John Doe Go Too Far Many sites are blocked in India at

    India Plans to Enforce Internet Censorship With 3 Years Jail Time

    | 2016/08/21 10:25 pm
  • The European Union (EU) parliament has approved a new set of cybersecurity laws, ordering firms in “essential service” industries like banking, health, energy and transport to bolster their defenses against cyber-attacks. Also read: Industry Report: How China, France, and the FBI Do Bitcoin The EU network and information security (NIS) directive represents the first EU-wide standards on cybersecurity. According to an EU parliament statement, they are designed to increase cooperation between member states as well

    New EU Cybersecurity Laws to Cover Online Banking, Markets

    | 2016/07/07 7:43 pm
  • According to a French report from a blog operated by Bernard Debré the député of the National Assembly of France and a member of the of the Union for a Popular Movement in Paris, Debré wants to ban Bitcoin in the city. The bureaucrat recently found out from a survey he participated in that drugs can be bought with the cryptocurrency online with just a few clicks. Also read: DAO Wars Soft Fork Makes Ethereum Blockchain

    A Politician from Paris Wants to Ban Bitcoin

    | 2016/06/28 7:39 pm
  • It if were up to Russian policymakers, Internet controls will become even more strict in the country moving forward. Labeled as an anti-terrorism campaign, there are plans to increase online surveillance measures. If this were to happen, ISPs would need to log metadata about customers for at last three years. Should this proposal pass, encryption will not safeguard user privacy anymore in the country. Also read: Bitcoin and Brexit: Did the Great UK Debate Move

    Russian Policymakers Set To Deal Another Blow To Encryption

    | 2016/06/27 4:41 am
  • According to a report from Reuters, European Union lawmakers are going to take regulating blockchain technology and associated businesses lightly for the time being. EU officials say they will take the “softly approach” to applying a monetary policy to these emerging markets in order to curb stifled innovation. Also read: FortuneJack: Provably Fair Bitcoin Gaming Across the Globe EU Member Says They ‘Don’t Want Pre-emptive Regulation’ On April 26, EU authorities are set to agree on

    EU Officials Approach Blockchain Regulation ‘Softly’

    | 2016/04/26 10:20 am
  • Bitcoin exchanges in Europe are soon to be regulated under the scope of Europe’s Anti-Money Laundering Directive. The European Commission issued a statement late Tuesday night detailing new efforts to control financial flows and money transfers, which it described as aimed at subverting terrorist financing. Among these mechanisms are bitcoin and other virtual currencies. The Commission “proposes to bring virtual currency exchange platforms under the scope of the Anti-Money Laundering Directive, so that these platforms

    European Commission to Bring Bitcoin Exchanges Under AML Directive to Curb Terrorist Financing

    | 2016/02/03 2:10 am
  • According to a recent article in Belgian newspaper De Morgen, the government is setting plans in motion to target money laundering actions in Bitcoin. Similarly to any type of payment in the world, Bitcoin has become a tool wielded by internet criminals. However, the popular digital currency does not provide privacy or anonymity, and tracking down individuals using Bitcoin for money laundering purposes is a lot easier compared to when cash is involved. Also read:

    Belgian Government Aims To Prevent Bitcoin Money Laundering

    | 2016/01/26 10:19 am
  • Russia blocks one of the largest running cryptocurrency exchanges, BTCe, following BitStamp’s voluntary IP block of its Russian users. These developments are likely a preview of what is to come from enforcement of recent laws criminalizing blockchain technologies and ‘money substitutes’ in the Russian market. Also Read: The Netherlands Wants Clear Regulatory Guidelines For FinTech and Bitcoin Startups Russia Can’t Make Up its Mind on the Blockchain More baffling still is the fact these moves

    Russia Blocks Online Bitcoin Exchange in Midst of Blockchain Reform

    | 2016/01/23 1:42 am
  • The Netherlands is often seen as a region where regulators are doing their best to keep up with financial innovation. IN the Bitcoin world, this has lead to a healthy startup ecosystem in the country, with clearly defined taxation rules. But a new report from Holland FinTech touches upon several barriers that are preventing future growth in The Netherlands, which include regulation and collaboration with financial players. Also read: DASH Block Size Increase Reaches Consensus

    The Netherlands Wants Clear Regulatory Guidelines For FinTech and Bitcoin Startups

    | 2016/01/22 3:14 am
  • Smartphone encryption has been a topic of heavy debate over the past few months, and the opinions are divided to say the least. Both users and manufacturers want to preserve encryption or even add additional layers to protect user data. But on the other hand, various government officials are proposing bills to have encryption on smartphones weakened by default. Also read: Satoshi Labs Upgrades The Trezor Interface Weakening Smartphone Encryption To Fight Human Trafficking A

    New California Bill Aims To Weaken Smartphone Encryption

    | 2016/01/21 10:59 am
  • 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