Category: Daily Roundup

Roundup – 28/10/2018 – US Midterm Elections Spark Debate over Crypto Donations & more

US Midterm Elections Spark Debate about Crypto Donations Bitcoin donations are currently sparking a big debate regarding the midterm elections in the US. The regulation around the new money medium is still widely unregulated. Various state courts have issued contradicting judgments in cases with cryptocurrencies. This has become a big issue now. As politicians have […]

Roundup – 26/10/2018 – Chinese Court Classifies Crypto as Economic Property & more

Chinese court rules owning and transacting cryptocurrencies is legally protected The Shenzhen Court, an arbitration court in China decided that transacting and owning cryptocurrencies is protected by law. The court ruled (Chinese)  that cryptocurrencies have the legal status of economic property. Therefore, the government cannot rule to forbid the trade of cryptocurrencies. However, the People’s Bank […]

Roundup – 25/10/2018 – Germany allows free cryptocurrency trading – temporarily & more

Germany allows private persons to trade cryptocurrencies – temporarily Until now German authorities have classified cryptocurrencies as a financial instrument. However, the Berliner Oberlandesgericht has ruled that this classification no longer applies. So far, cryptocurrencies have been regulated by the German Financial Authority (BaFin). Consequentially, it has forbidden private persons to trade cryptocurrencies. As a […]

Roundup – 24/10/18 – Japan Allows Crypto Industry to Regulate Itself & more

Japan Allows Crypto Industry to regulate itself The Japanese government allows its crypto industry to regulate itself. The government has given (Japanese)  its formal approval for this today. Collaboration and the will to abide the law are unusually high in the East-Asian country. The government’s official statement says that the industry is changing rapidly. Consequentially, […]

Roundup – 23/10/2018 – HTC Early-Access Launch of Blockchain Smartphone – just a Hype? & more

Singapore funds Binance Subsidiary Singapore made a strategic investment in Binance. Vertex Ventures facilitates the funding, a company that is run by the administration of Singapore to invest in profitable and useful projects. The goal of the investment is to create Binance Singapore to enable Singaporean citizens to exchange Fiat-to-Crypto reliably. Ultimately, the goal of Binance […]

Roundup – 22/10/2018 – Mining Issues in Russia & USA & more

Court rules Russian Church to Pay Higher Electricity Fees for Mining A regional court in Russia ruled that a church that apparently mines cryptocurrencies should pay higher electricity fees. Private people in Russia and some organizations like churches pay relatively low electricity fees. This led many individuals to mine cryptocurrencies in private. However, the energy […]

Roundup – 20/10/18 – Only 39% pass Virtual Financial Assets in Malta & more

Only 39% pass Virtual Financial Assets exam in Malta Malta passed a Virtual Financial Assets act that among other things states that persons that wish to deal with cryptocurrencies have to pass an exam. The exam is mandatory for persons who want to offer cryptocurrencies, ICOs, portfolio management or investment advice in Malta. As it […]

Roundup – 19/10/2018 – Did Tron mislead its users regarding Baidu partnership? & more

Did Tron mislead its users and investors by claiming partnership with Baidu? Yesterday, Tron announced that it scored a partnership with Baidu. Justin Sun, the founder of Tron announced beforehand that Tron has ‘finally’ a partnership with an industry giant. However, it turned out that Tron is just using and buying services of Baidu. Apparently, […]

Roundup – 18/10/18 – Tron partners with Baidu & more

Tron partners with Baidu Tron partners with internet service provider Baidu. The Chinese company is the biggest Chinese language search machine. The management of Tron announced the collaboration via Twitter. According to Tron, the collaboration is confined to Tron using cloud services of Baidu. However, Tron also stated that the end goal of the partnership […]

Roundup – 17/10/18 – Trump’s trade war hits Bitmain & more

Trump’s trade war hits Bitmain The US Trade war with China has an impact on the infrastructure of Bitcoin. The US-American state is charging now a 27.6% tax on Bitmain’s mining hardware. A circumstance that will hit the largest mining hardware producer in the world hard as it exports 51% of its production overseas. However, […]
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