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The South Korean Financial Services Commission is finalizing its proposals to regulate cryptocurrency exchanges. This follows an earlier “Bitcoin Regulation Act” submitted by lawmaker Park Yong-jin. Meanwhile, the prime minister is very concerned about the growth and risks of cryptocurrencies including bitcoin and has called for immediate action. Also read: South Korea’s Largest Underground Mall
Bitcoin is a fascinating monetary tool that many believe will help fight the central banking system, corrupt economic planning, and help stop a small group of individuals from controlling the world’s money supply. Often times bitcoin is associated with anarcho-capitalism, free markets, and sometimes the Austrian school of economics. Today we will look at a
Bitcoin’s price has reached $10,000 USD per BTC across global exchanges, and bitcoiners everywhere are celebrating with glee. The decentralized currency has captured the five-digit price range just a few weeks before the end of 2018. See also: 12.6M Viewers Will Hear About Bitcoin Watching The Big Bang Theory ‘If You Don’t Believe It or Don’t
After Bitcoin Gold, Bitcoin Diamond and Super Bitcoin, another forked-coin Lightning Bitcoin is coming on the way. Initiated by an European team, Lightning, the project will become the first forked-coin that adopts the DPOS consensus mechanism. Also Read: How to Calculate Bitcoin Transaction Fees When You’re in a Hurry Fork at Block 499,999 The new project
Initial Coin Offerings (ICOs), the cryptocurrency version of crowdfunding, helped many Chinese blockchain startups raise faster funding this year, but also led to China’s clampdown on ICOs. In today’s series, we will take a glimpse at how Chinese blockchain businesses raise money after crowdfunding platforms were shut down. Also Read: Reports of Israeli ICO Ban Are
Everyone has bad habits… especially when it comes to money. I’ve seen them in myself, my family, and my friends… and you probably have too. The four bad habits I’m sharing today might not put you in the poorhouse, but they’ll make your financial life a lot more challenging and uncertain than it needs to
Bitflyer, the world’s largest cryptocurrency exchange, is muscling in on U.S. territory after securing a highly coveted Bit License. Just three of the licenses have previously been awarded, which entitle a company to operate a bitcoin exchange within New York. The Japanese exchange will now roll its services out to customers in a total of
Keeping a smaller currency constantly pegged to a larger national one, to a regional one or even to a global reserve currency, is a difficult task which many central banks around the world have failed to do in the past in times of crisis. When enough speculators attack the currency, or capital outflows are just
The price of bitcoin has grown significantly since our last price report when BTC surpassed US$9,000 per token. Now the cryptocurrency is setting its sites on the $10,000 target just two days later as the price has been hovering around $9,850-9,950 over the past six hours. Bitcoin has already touched the $10K mark on a