Australian Regulator Gives Thumbs Up for CoinZoom’s Market Leap

Australian Regulator Gives Thumbs Up for CoinZoom's Market Leap

The Australian Transaction Reports and Analysis Centre (AUSTRAC) has issued its latest cryptocurrency license, this time to US-based cryptocurrency exchange, CoinZoom. Serving both Australian and international customers, Coinzoom can now operate within Australia and as a cryptocurrency exchange, accepting and exchanging fiat, digital assets, and any other cryptocurrency.  The platform will now over a “one-stop […]

BitcoinNews.com Daily Podcast 4th December 2018: Bitcoin Mining Difficulty Decreases 20% In A Month

BitcoinNews.com Daily Podcast, 4th October 2018

Listen to the 4 December 2018 BitcoinNews.com Daily Podcast below. [su_audio url = “https://anchor.fm/s/58aba88/podcast/play/1840860/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-11-4%2F6588554-44100-2-41f4054714ff9.mp3”] On this edition of the BitcoinNews.com Daily Podcast, we do a deep dive of the current market situation, and discuss how Bitcoin’s mining difficulty and hash rate has rapidly decreased in the past month, breaking the trend of exponential increases seen over […]

Bitcoin Mining Difficulty Sees Sharpest Decline in 7 Years

Bitcoin Mining Difficulty Sees Sharpest Decline in 7 Years

Bitcoin mining difficulty was adjusted downwards 15.13% on 3 December 2018, the sharpest percentage decrease in difficulty since November 2011, and by far the biggest downward adjustment in difficulty by magnitude. This follows a 7.39% downward adjustment on 16 November. Overall, Bitcoin’s mining difficulty has fallen from 7.45 trillion in early October to 5.65 trillion […]

South Korea Contemplates Crypto and ICO Tax Laws

South Korea Contemplates Crypto and ICO Tax Laws

A plan to tax cryptocurrencies and initial coin offerings (ICOs) is underway in South Korea, this according to finance minister nominee Hong Nam-ki. Examination The Korea Times has reported that the nominee submitted a written answer to the National Assembly on Sunday, 2 December, during his confirmation hearing. According to the article, Hong said that […]

US Healthcare Alliance Explores Blockchain for Data Integrity

US Healthcare Alliance Explore Blockchain for Data Integrity

An alliance made up of seven major US healthcare companies will be exploring the potential of blockchain in improving data quality, reports Modern Healthcare. The alliance is made up 22 million members across the 7-member organization. Humana, Multiplan, UnitedHealth Group’s Optum, UnitedHealthcare and Quest Diagnostic, recently joined Ascension, regarded as the largest not-for-profit health system in […]

G20 Declaration Confirms Crypto Regulations, Acknowledges Bank of England

G20 Declaration Confirms Crypto Regulations, Acknowledges Bank of England

The G20 has confirmed that cryptocurrency regulations are to be implemented, as published in a Leaders’ Declaration on 1 December. The declaration also closes by thanking Bank of England governor Mark Carney for his work as chair of the Financial Stability Board (FSB). Safety first The meetings were held in Buenos Aires, Argentina, on 30 November […]

74% of UK Blockchain Firms Wary of GDPR

74% of UK Blockchain Firms Wary of GDPR

The General Data Protection Regulation (GDPR) passed by the European parliament earlier this year has many blockchain firms in the UK worried, according to a study conducted by Digital Catapult, an innovation agency. The study describes how regulatory concerns are affecting many blockchain businesses (up to 74% of them) due to their conflict with many […]

Nasdaq Bitcoin Futures Confirmed

Nasdaq Bitcoin Futures Confirmed

Just last week, Bitcoin News reported Bloomberg’s findings on the world’s second largest stock exchange’s plan on moving forward with Bitcoin futures listing. This week, Nasdaq has cleared the air of all speculation by confirming this. UK news outlet Express heard it from the horse’s mouth yesterday that Nasdaq would definitely be launching its Bitcoin futures within the […]

Switzerland’s FINMA License Huge Boost to Blockchain

Switzerland’s FINMA License Huge Boost to Blockchain

Switzerland’s Financial Supervisory Authority (FINMA) has new planning in place which will allow cryptocurrency exchanges to behave like the country’s banks in that they will be able to hold public deposits of up to CHF 100 million (USD 100.5 million) under a new license available from next year. An amendment to the country’s Banking Act […]

Chinese Financial Watchdog Declares STOs Illegal

Chinese Financial Watchdog Declares STOs Illegal

Security Token Offerings (STOs) have been declared illegal by the chief of Beijing Municipal Bureau of Finance, Huo Xuewen. He stated this at a wealth management forum sponsored by the bureau. “I will issue a risk warning to those who promote and issue STO tokens in Beijing. My advice is to only engage in such […]