Legal Pathway for ICOs Sought by US Regulators
According to Robert Jackson, a commissioner at the Securities and Exchange Commission (SEC), a solution is needed to facilitate the launching of ICOs within current US securities law. Speaking to CNBC’s Squawk Box on Monday, Jackson voiced current SEC concerns regarding the need to address ICO fraud, but suggested a legal method for raising cryptocurrency funds […]
Hong Kong Finds Crypto Not Implicated in Rise of Financial Crimes
In an official report conducted by the Hong Kong Financial Services and Treasury, it was found that criminals were far more likely to use traditional payment methods than cryptocurrencies to commit offenses. While the city is currently facing accusations of not instituting adequate measures to prevent financial crimes, the Money Laundering and Terrorist Financing Risk Assessment […]
Conditions of Eastern Siberia Appeal to Crypto Miners
The economic region of Russian Eastern Siberia is appealing to cryptocurrency miners, offering cheap electricity to enhance the already attractive features of a cool climate and close proximity to China that the area offers. Cryptocurrency mining is a cost-intensive process, with electricity bills consuming a large chunk of profits, alongside equipment updates and space cooling systems. […]
“Hope” for Children in Need with New Aussie UNICEF Mining Donations
The United Nations Children’s Fund (UNICEF) has announced a program which has been designed to use donors’ computers to raise fiat currency through cryptocurrency mining. The website, the nucleus of the new project, is called “The Hope Page“, and is able to mine the cryptocurrency Monero using donors’ computer processing power through Coinhive, a crypto-mining […]
