"This is your last chance to stop ISPs from messing up your Internet," proclaims Battle for the Net in bold, vibrant letters. And for those involved with cryptocurrencies like Bitcoin, Ethereum and other altcoins, that could really be true. If Net Neutrality is indeed revoked, many believe it…
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Law
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,…
India's Supreme Court is Calling on the Government to Control Bitcoin
The Hindu reported Tuesday that three justices on India’s Supreme Court sent out notices to the financial market regulator, the tax department, the central bank, and other government agencies requesting answers to an appeal on the bitcoin predicament. The court is concerned, as it said in its original petition,…
Class Action Law Suit is Aimed at Tezos Founders
In less than three weeks, a second class action law suit has been filed against the founders of the Tezos project. Filed in U.S. District Court in Florida, Tezos founders, Arthur and Kathleen Breitman, have been charged with selling unregistered securities. In July, they raised $232 million in their…
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…
False Reports of Bitcoin Mining Ban in China, Miners Continue, Volume has Fallen
It is rumored that bitcoin and cryptocurrency mining is banned in China. Local miners have stated that although the volume is down, mining is not banned yet. Rumors and Unsubstantiated reports The secret to China’s success in profitable mining operations is cheap electricity. However, Sichuan Electric Power Company released…