New York State Department of Financial Services Grants Virtual Currency License to BitPay

New York State Department of Financial Services Grants Virtual Currency License to BitPay   ATLANTA, GA, July 16, 2018 —  BitPay, the largest global blockchain payments provider, today announced the company has received its Virtual Currency License  from the New York Department of Financial Serviceswhich governs rules for virtual currency business activity in New York. The virtual…

World’s Largest Bitcoin ATM Network Announces Daily Limit Increase

World’s Largest Bitcoin ATM Network Announces Daily Limit Increase   After recent expansion across the Mid-Atlantic, Coinsource increases daily withdrawal limit for better user experience   Fort Worth, TX — July 13, 2018 — Coinsource, the world’s largest Bitcoin ATM network, announced an increase to their daily withdrawal limit. The company will now allow users to…

Crypto to Expand Mobile Payments to Rural Networks Without State Control

Crypto to Expand Mobile Payments to Rural Networks Without State Control China, which is on its way to becoming a cashless society, highlights how cryptocurrencies could be used for all global payments. However, the overreaching control of the Chinese state shows why cryptocurrencies are needed to maintain the financial freedom of citizens. Mobile Payments Used…

SA Purple Group Confirms Adding Cryptos to Its Online Trading Platform

SA Purple Group Confirms Adding Cryptos to Its Online Trading Platform South African financial company Purple Group has confirmed the addition of two cryptocurrencies, bitcoin and ethereum, to its online trading platform. According to a representative, the decision came in response to strong demand from clients earlier this year. The move has expanded the trading…

Top Swiss Stock Exchange Says It Is ‘Open’ to Offering Crypto Trading on Its Platform

Top Swiss Stock Exchange Says It Is ‘Open’ to Offering Crypto Trading on Its Platform SIX Group, the parent company of Switzerland’s principal stock exchange, has revealed that it is “open” to the possibility of offering cryptocurrency trading services on its digital trading platform. The platform, still in development, is set to launch by mid-2019,…

FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest

FN: BlackRock Eyes Bitcoin Futures, Market Reacts to Increased Institutional Interest The world’s largest exchange-traded fund (ETF) provider BlackRock announced the formation of a working group to assess potential involvement in Bitcoin(BTC), Financial News (FN) reports today, July 16. The move furthers a U-turn on BlackRock’s previously critical stance towards cryptocurrency.  Following in the footsteps of fellow giant Goldman Sachs, the…

Russians Indicted for US Election Hacks Used Bitcoin to Fund Operations

Russians Indicted for US Election Hacks Used Bitcoin to Fund Operations A group of Russian military intelligence officers indicted Friday as part of an ongoing investigation into interference in the 2016 U.S. presidential election allegedly used bitcoin to fund their operations. In the just-released indictment, prosecutors assert that the 12 named intelligence officers hacked computer networks…

Texas Regulator Issues Cease and Desist Order to a Network of Crypto Companies

Texas Regulator Issues Cease and Desist Order to a Network of Crypto Companies The Texas State Securities Board has taken an emergency action to stop a network of crypto-related companies from illegally offering investments in the state. A token offering and a mining firm are among those targeted by the securities board as selling fraudulent…

Robinhood’s Zero-Fee Crypto Trading Platform Adds Support for Litecoin, Bitcoin Cash

Robinhood’s Zero-Fee Crypto Trading Platform Adds Support for Litecoin, Bitcoin Cash Financial services mobile app Robinhood has added support for Litecoin (LTC) and Bitcoin Cash (BCH) on its Robinhood Crypto Platform, according to a July 12 blog post. Robinhood’s blog post notes that they are planning to “further expand our coin offerings and add support for coin transfers,” writing that…

Expert Bets $8.5 Million That Bitcoin Will Reach $280,000, Surpassing Birkshire

Expert Bets $8.5 Million That Bitcoin Will Reach $280,000, Surpassing Birkshire Though Bitcoins market price has been anything but inspiring of late, as it lingers at 70% below its all-time high, one wealthy Australian Bull still believes enough to put it up against Warren Buffets Berkshire Hathaway. Bitcoin Punter Puts up Against Berkshire Hathaway One…

New US Gov’t Task Force Highlights Digital Currency Fraud for ‘Particular Attention’

New US Gov’t Task Force Highlights Digital Currency Fraud for ‘Particular Attention’ Digital currency fraud will form one of the areas of “particular attention” for a new U.S. anti-crime task force with participation from several government bodies, according to an executive order issued July 11. The Task Force on Market Integrity and Consumer Fraud, which will have the U.S.…