South Korea Releases Emergency Measures for Cryptocurrency Regulation: South Korea’s government has released emergency measures for cryptocurrency regulation on Thursday. Bitcoin exchanges will now be regulated. Among other measures, there will be a ban on banks, minors, and foreigners trading cryptocurrency as well as a clampdown on virtual bank accounts needed to trade cryptocurrencies in … Read more
Cryptocurrency Gets Its Own Comedy In “Bitcoin” – the Movie: Bitcoin is serious business, but not so serious that it can’t afford to laugh at itself. It was inevitable that someone would commission a bitcoin movie sooner or later, and in the event, that honor has gone to Christian Cashmir. The little-known filmmaker is producing … Read more
Bitcoin Cash Will Close Out 2017 With Significant Infrastructure Support: The end of the year is approaching, and the Bitcoin Cash (BCH) network and community have continued to see significant growth. From merchant acceptance, cryptocurrency businesses integrating support, and many other additions to the BCH economy, shows that bitcoin cash will have some robust infrastructure … Read more
Bitcoin millionaire: Don’t invest in bitcoin: I first invested $5,000 in bitcoin back in 2013 at $72 per coin and now own approximately 69.2 bitcoins. While I had first heard about bitcoin in 2011, it wasn’t until I watched a documentary and started reading forums about the cryptocurrency that I decided to buy it. It … Read more
Japanese men may be the driving force of bitcoin’s wild surge, a strategist at Deutsche Bank said Thursday. Masao Muraki, a global financial strategist at Deutsche Bank, said retail investors who had been borrowing money to trade foreign currencies haven’t been profiting on those trades and have shifted their focus to cryptocurrency trading on borrowed … Read more
– Andrew Bailey, chief executive of the Financial Conduct Authority, told BBC’s “Newsnight” on Thursday, “If you want to invest in bitcoin, be prepared to lose all your money” – Bitcoin’s meteoric price rise has stunned critics and enthusiasts alike, leaving investors scrambling to understand the driving factors for the digital currency’s runaway rally – … Read more