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Crimea Plans Cryptocurrency Fund to Circumvent Sanctions, Woo Foreign Investors

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Crimean authorities want to launch a cryptocurrency fund for foreign investors to circumvent the economic sanctions currently in place against the Russian-occupied territory. Georgy Muradov, the deputy prime minister of Crimea, revealed his plans on April 18. “We are discussing these schemes to circumvent sanctions,” Muradov told reporters (via Tass). “One way is the creationThe post Crimea Plans Cryptocurrency Fund to Circumvent Sanctions, Woo Foreign Investors appeared first on CCN

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Talking Crypto, Advisory Boards, and ‘BlockNauts’ With Influencer Justin Wu

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I had the opportunity to sit down with blockchain expert and entrepreneur Justin Wu, who is the Head of Growth and brilliant mind behind CoinCircle. Wu is also a strategic advisor to some of the industry’s top ICOs, and explained the importance of putting together an advisory board and utilizing these advisors when entering the crypto space. If there’s one thing you need to know, it’s that most of these ventures are based on a promise to deliver. “A whitepaper, in its most form, is a concept and idea, nothing more,” says Wu. Most of these guys haven’t built the utility

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“Big Bitcoin Heist” Fugitive Flees Iceland, Pens Letter Saying He Wants to Go Home

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The man who escaped custody in Iceland and got on a passenger plane that was carrying the country’s prime minister says he ‘will be back soon.’ Sindri Thor Stefansson was being detained for his suspected role as the mastermind behind the February theft of 600 cryptocurrency mining rigs, being one of the 11 people arrested...The post “Big Bitcoin Heist” Fugitive Flees Iceland, Pens Letter Saying He Wants to Go Home appeared first on NewsBTC.

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Dilbert Lampoons Corporate Blockchain Ignorance in Comic Strip

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Dilbert creator Scott Adams is at it again. The comic strip, known for its satirical portrayals of corporate office life, on Friday parodied ignorance about cryptocurrencies and blockchain technology. In this latest strip, Adams jabs at corporate executives who love to talk about blockchain technology, even though it is quite evident that they have noThe post Dilbert Lampoons Corporate Blockchain Ignorance in Comic Strip appeared first on CCN

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Slow and Steady Wins the Race: This Canadian Exchange Is Leading the Way on Regulation

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There’s nothing that sends shock waves through the crypto markets like the prospect of regulation. And there’s also nothing so hard to establish on a global scale. After all, how can you regulate something when you can’t agree on what category it falls into, and when laws vary across jurisdictions and cultures? One Canadian exchange, Coinsquare, is taking an interesting approach that just might prove that in this fast-paced industry, slow and steady wins the race. The Canadian Cryptocurrency Market Canada is a country that believes in the potential of cryptocurrencies (the Bank of Canada even explored creating its own digital currency toward the end of

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Revamping the Financial Sector for the Decentralized Future

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Despite cryptocurrency’s meteoric rise in the past fifteen months, it seems that somehow a more valuable and prolific technology has arisen alongside it. It’s hard to imagine anything being more popular or important than a commodity that grew its collective cap from less than $20 billion to more than $850 billion in less than a...The post Revamping the Financial Sector for the Decentralized Future appeared first on NewsBTC.

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‘Losing Credibility’? Ethereum’s Vitalik Buterin Hints He’s Pro-Establishment

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Ethereum cofounder Vitalik Buterin seemed to confirm he is “establishment-friendly” in a new interview which has led to a critical reception from cryptocurrency figures. ‘Very Revealing’ Speaking to the Financial Times in a piece published April 18, Buterin was economical with his words but provided some “very revealing” information. Specifically, his links with the Russian government following meetings about Ethereum last year appear to have made Buterin more tolerant. “He has explained he’s establishment-friendly theseRead MoreThe post ‘Losing Credibility’? Ethereum’s Vitalik Buterin Hints He’s Pro-Establishment appeared first on Bitcoinist.com.

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European Union Votes for Closer Regulation of Cryptocurrencies

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With a majority vote, the European Parliament has reached an agreement to enforce closer regulation of cryptocurrencies. A December 2017 agreement with the European Council that proposed closer regulation of cryptocurrencies to prevent their abuse in money laundering and terrorism financing has found support from EU Parliament members in a vote on Thursday, a pressThe post European Union Votes for Closer Regulation of Cryptocurrencies appeared first on CCN

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