Ron Paul, considered by some to be a Libratarian, held office as a Republican U.S. Representative for Texas' 14th and 22nd congressional districts. He is an acclaimed author, a respected physician, and served in the United States Air Force from 1963 to 1968. Ron Paul also ran notable presidential…
Government
Cryptocurrency Regulations will be issued in 2018 by the Malaysian Central Bank
Bank Negara Malaysia (BNM) will issue a proposal on how to regulate the use of cryptocurrencies early in 2018. The Malaysian central bank has been discussing how best to regulated digital currencies for quite some time. These new proposals are welcomed by industry players. BNM Governor, Tan Sri Muhammad Ibrahim,…
Japan Embraces the Cryptocurrency Movement due to China's Suppression of Digital Currencies
A year ago, China had 90 percent of the bitcoin trade. However, Beijing banned initial coin offerings or ICOs and regulators cracked down on bitcoin exchanges. In September, the bitcoin trade was taken over by another Asian dynamo. Japan realized bitcoin was a legal form of payment and now bitcoin…
ICOs Have Potential for Inventors, Claims Russian Bank Official
Initial coin offerings or ICOs gained support from Russia’s central bank recently. Sergey Shvetsov feels ICOs have tremendous potential for business startup and entrepreneur funding. The first deputy governor of the Bank of Russia, Sergey Shvetsov, claims the bank will support the advance of ICO fundraising in Russia. TASS,…
SEC Calls for Auditors to Watch Cryptocurrencies
Wesley Bricker, chief accountant for the U.S. securities, informed the public that his office was looking into cryptocurrencies, coins, and tokens and the way they are traded and exchanged. He advises that private cryptocurrency practitioners make sure their cryptocurrency skills are up to par. Bricker stated that his accounting…
Are Bitcoins Being Used Illicitly? US Treasury Sec. Mnuchin Investigates
Is using Bitcoins part of illegal or illicit activities? Steven Mnuchin, US Secretary of the Treasury, is stressing that bitcoin usage needs to be examined very carefully. It is vital that bitcoins are not being used for illicit purposes. Mnuchin claims that there is a very big possibility that bitcoins…