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Nassim Nicholas Taleb vs David Birch on The Bitcoin Standard

The Bitcoin Standard: The Decentralized Alternative to Central Banking, by bitcoin maximalist Saifedean Ammous, is set for a spring release, having managed to make news ahead by snagging philosopher Nassim Nicholas Taleb to write its foreword. Mr. Taleb is his usual profound self, offering a full-throated defense of its essential …

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South Korea Ends Anonymous Cryptocurrency Trading Today

The new South Korean cryptocurrency account system has entered into force nationwide today, ending the current practice that allowed for anonymous trading of cryptocurrencies. Traders must open real-name accounts at the same banks as their exchanges in order to deposit money to trade cryptocurrencies. Real-Name System Enforced South Korea begins …

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Over 1 Million People in Line for Robinhood’s Bitcoin Trading App

Young Americans are signing up in droves to a new cryptocurrency trading service, showing the massive unmet demand in the market for more bitcoin trading venues. Cryptocurrencies are coming soon to the Robinhood platform and traders appear to be following them in anticipation. Robinhood Hits the Bullseye Over a million …

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US Financial Regulator Requests Crypto Trading Data From South Korea

The New York State Department of Financial Services has asked two South Korean financial authorities to share cryptocurrency-related data they obtained from their recent inspections of six major Korean banks. The US Wants South Korean Crypto Data The New York State Department of Financial Services (NYDFS) has asked South Korea’s …

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Europol and Interpol to Increase Measures Against BTC Laundering

A two-day workshop involving over sixty financial investigators in Basel, Switzerland has seen Europol and Interpol agree upon a range of measures designed to ramp up efforts to combat the use of cryptocurrencies for money laundering and terrorist financing purposes. The event saw attendance from over 60 international financial investigators. …

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Samsung Enters the Bitcoin Mining ASIC Manufacturing Business

Korean electronics giant Samsung is the latest chip manufacturer to enter the bitcoin mining hardware market. The company’s foundry has reportedly already began producing ASIC chips for a Chinese client earlier this month. Samsung Bitcoin Chips Samsung Electronics (KRX: 005930), the flagship company of the Korea-based multinational conglomerate Samsung Group, …

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Chinese Investors Continue to Obtain Bitcoin Using Thriving OTC Platforms

A year ago today China’s central banks temporarily scared the cryptocurrency community when they stopped bitcoin exchanges from operating. Since then the top mainland-based digital asset exchanges moved abroad to more friendlier regions, but Chinese citizens are still acquiring bitcoin whether the People’s Bank of China likes it or not. …

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State of Texas Orders ‘Decentralized Bank’ ICO Project to Cease Operations

This week the Texas Department of Banking Commissioner, Charles G. Cooper, issued a cease and desist order to an alleged ‘decentralized cryptocurrency-bank’ called Arise Bank. The commissioner explains the startup unlawfully claims to be a banking institution and its operations must stop engaging with residents from the state of Texas. …

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