“The Bitcoin Reformation” points to four fundamental parallels between the Protestant Reformation and the present day — do they have merit? A bit of historical research was making the rounds on social media recently, a monograph that compares the 21st century emergence of Bitcoin, encryption, the internet and millennials with the Protestant Reformation that shook…
Read more
Two years on, the BTCC co-founder regrets supporting the failed SegWit2x Bitcoin hard fork proposal, having previously pushed for its adoption. Bitcoin’s (BTC) failed hard fork attempt from 2017, SegWit2x, was “extremely dangerous and irresponsible,” says a CEO who was formerly one of its biggest supporters. In a series of tweets on Nov. 16, Bobby…
Read more
Non-fungible tokens (NFTs) achieved mainstream attention in 2017 following the popularity of the crypto collectibles game CryptoKitties. The NFT market has evolved since then. In this article, we will delve into non-fungible tokens to understand what they are and what they can do. We will also explore what has been happening in the NFT market…
Read more
Cointelegraph en Español presents a weekly digest of selected cryptocurrency- and blockchain-related news from the Spanish-speaking world. In this week’s news from the Spanish-speaking world, a Venezuelan official claims that all currencies will be replaced by cryptocurrencies, the Argentinian chief of the Banking Association criticizes fintech and crypto, and Spain offers prepaid visa card to…
Read more
U.S. Democratic presidential candidate Andrew Yang thinks cryptocurrencies experience fraud due to lack of regulations and plans to tackle the issue. Democratic 2020 presidential candidate Andrew Yang has outlined how he plans to regulate the cryptocurrency industry. Promise to promote legislation on cryptocurrencies On Nov. 14, Yang, an entrepreneur, lawyer, philanthropist and a Democratic candidate…
Read more
A new report highlights the need for stablecoins to submit to regulatory requirements in order to “complement” the global economy. Stablecoins could “complement” other payment systems and improve conditions for consumers, but need constant checks, says the United States Federal Reserve. In its November 2019 Financial Stability Report released on Nov. 15, the Fed highlights…
Read more
At least one world superpower is overdue for robust cryptocurrency regulations. Speaking at BlockShow Asia 2019, Proof of Capital managing partner Edith Yeung called out American regulators for leaving blockchain-based ventures in the dark. These companies are commonly domiciled in Singapore, Switzerland, or Hong Kong because “they have no idea of what is happening in…
Read more
The task force’s so-called “travel rule” calls for virtual asset service providers to gather personal data during transactions. Today during a panel at BlockShow Asia 2019, a group of cryptocurrency industry leaders announced the creation of a protocol that aims to maintain privacy while complying with Financial Action Task Force (FATF) regulation. The FATF’s so-called…
Read more
German regulator federal financial supervisory authority issued a warning against Bulgarian cryptocurrency broker 5 Capital. German regulator federal financial supervisory authority (BaFin) issued a warning against Bulgarian cryptocurrency broker 5 Capital on Nov. 11. The regulator has barred 5 Capital from operating in the country since the firm illegally offered Contracts for Difference (CFDs) designed…
Read more
Faster payments on an optimized blockchain. Speaking at BlockShow Asia 2019, aBey Foundation co-founder Dr. Ciprian Pungila announced aPay, a payment system that lets the cryptocurrency community use its assets for daily payments via credit card integrations. aPay users can send their cryptocurrencies to the platform and gain access to three different credit cards that…
Read more
