BITCOIN HURTS GOVT ‘CONTROL’ OF DOLLAR, SENATOR LETS SLIP IN SPEECH

Bitcoin Hurts GOVT  ‘Control’ of Dollar, Senator Lets Slip in Speech US senator Brad Sherman called cryptocurrencies “harmful” in a government meeting March 14, appearing to accidentally admit they reduce government control of the dollar. SHERMAN: CRYPTO IS A ‘CROCK’ Speaking during a hearing of the Subcommittee on Capital Markets, Securities, and Investment (Committee on Financial Services),…

India’s HDFC Joins List Of Banks Banning Crypto Purchases Via Card

India’s HDFC Joins List Of Banks Banning Crypto Purchases Via Card India’s HDFC Bank, the country’s largest private bank, has informed clients that its debit and credit cards cannot be used to purchase cryptocurrency, local news source First Post reported March 14. In a letter to clients sent on Tuesday March 13, HDFC explained that the measure was taken in order…

Thailand Delivers First Draft Of ‘Digital Asset’ Regulations

Thailand Delivers First Draft Of ‘Digital Asset’ Regulations Thailand’s government issued drafts of cryptocurrency and ICO legislation as lawmakers reiterated they had no intention of banning the technology, Bangkok Post reported March 14. As Bangkok Post and others report, Nathporn Chatusripitak, a spokesman for Deputy Prime Minister Somkid Jatusripitak, announced the two pending royal decrees, which will now go…

Bitcoin Price Technical Analysis for 03/16/2018 – Support Break and Retest?

Bitcoin Price Technical Analysis for 03/16/2018 – Support Break and Retest? Bitcoin Price Key Highlights Bitcoin has fallen through support at $8000 and could be due for more losses if this serves as resistance moving forward. Applying the Fib retracement tool shows the nearby resistance levels that could keep gains in check. Technical indicators are…

Royal Bank of Canada Explores Blockchain to Automate Credit Scores

Royal Bank of Canada Explores Blockchain to Automate Credit Scores The Royal Bank of Canada may be interested in putting credit scores on a blockchain. In a patent application released Thursday, the bank outlines a platform built on a blockchain that would automatically generate credit ratings using a borrower’s historical and predictive data. The application as described…

Australian Taxation Office Reports Scammers Collecting Bitcoin On Its Behalf

Australian Taxation Office Reports Scammers Collecting Bitcoin On Its Behalf The Australian Taxation Office (ATO) has recently issued a warning about a new type of scam claiming fake tax debt on behalf of ATO, and requesting tax payment via Bitcoin (BTC) and other cryptocurrencies in a public releaseupdated on March 14. In the warning, ATO Assistant Commissioner Kath Anderson stated that the new kind of scam…

French Regulatory Agency Blacklists 15 Cryptocurrency And Crypto-Asset Websites

French Regulatory Agency Blacklists 15 Cryptocurrency And Crypto-Asset Websites The French stock market regulator, The Autorite des Marches Financiers (AMF), announced in a press release that they have added 15 cryptocurrency and crypto-asset investment websites to a blacklist on March 15. According to the press release, the companies listed ran afoul of the “Sapin II Law”, stating that: “The investment proposals…