Category: Uncategorized

In today’s edition of The Daily, we focus on the crypto community’s alarm over the de-platforming of a social media network in response to a shooting incident in the U.S. We also look at a recent Bitcoin book recommendation on a Chinese TV show, as well as a North Korean attempt to scam investors. Also Read: New ‘Trust Machine’ Blockchain Film Tackles Politics of Technology Paypal and Stripe Block Gab Over the past two days, the Gab social network has been “no-platformed” by a handful of mobile app stores, web hosting…

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Japan’s top financial regulator, the Financial Services Agency, has exclusively explained to news.Bitcoin.com how stablecoins are treated under current Japanese law. In addition to emphasizing that they are not virtual currencies, the regulator clarified the registration requirements for their issuers and dealers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Not Virtual Currencies Japan’s amended Fund Settlement Law and the amended Payment Services Act which went into effect in April last year regulate the country’s crypto industry. The former defines “virtual currencies,” which include cryptocurrencies, as a means of…

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The President of Liberland, a small self-proclaimed microstate on a patch of land between Croatia and Serbia, is looking to use a new cryptocurrency called ‘Merit’ to underpin his vision for a new country.   ‘A New Type of State’ Vit Jedlicka’s vision for a new crypto-based micro-nation has taken steady steps forward over the last few years. The so-called Free Republic of Liberland (Liberland) is located on a parcel of land that is part of a border dispute between Croatia and Serbia. According to the official Liberland website, it…

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Swiss luxury watch brand Hublot has opened pre-orders for its limited edition Big Bang watch commemorating Bitcoin’s 10th anniversary. Hublot Will Only Accept Bitcoin Swiss luxury watch manufacturer Hublot has unveiled a special timepiece in collaboration with OS Limited (OSL) to commemorate Bitcoin’s 10th anniversary. The new hand-assembled limited edition ‘Big Bang’ model is now available for pre-sale to celebrate the upcoming 10th anniversary of Bitcoin 00. And in the spirit of crypto, the homepage even displays a project roadmap.  With a reported $25,000 price tag, the watch can only…

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After a slew of new applications released over the last six months, on Oct. 24 the software developer Unwriter published another platform for the BCH ecosystem called Bitsocket; a real-time application program interface (API) for Bitcoin Cash. Essentially Bitsocket compliments Unwriter’s Bitdb ‘pull’ based API with a ‘push’ based infrastructure for transactions on the Bitcoin Cash network. Also read: SEC Suspends Trading in Company Over False Cryptocurrency-Related Claims Unwriter Publishes a Bitcoin Cash Transaction Push API Called Bitsocket The developer Unwriter recently created a new application called Bitsocket, push notification infrastructure…

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This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. USDD – The world’s first dollar-backed and interest-bearing stable coin, with interest payments every 24 hours, will be officially released on October 31st by 55 Global Markets. The USDD value is 100% supported by a US dollar reserve, funds are held in trust for the…

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One week after Indian cryptocurrency exchange Unocoin announced the launch of its ATM, local police have reportedly seized the machine and arrested two founders of the company, including the CEO. Police say the machine was set up without approval. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Several Items Seized Indian police have seized a recently-installed kiosk operated by Bengaluru-based cryptocurrency exchange Unocoin, the Times of India reported on Wednesday. The kiosk was reportedly located at Kempfort Mall on Old Airport Road in Bengaluru. It was launched on Oct.…

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In recent regulatory news, a court in China’s Futian District has ruled that cryptocurrency investments are not protected by law, Albania’s government has indicated that it intends to develop a regulatory framework for crypto, and the United States Securities and Exchange Commission has published a memorandum from a recent meeting pertaining to the proposed Vaneck Solidx Bitcoin Trust exchange-traded fund (ETF). Also Read: Online Bank Swissquote Begins Offering Clients Access to ICOs Futian District Court in China: Crypto Investments Not Protected by Law According to China’s Xinhua News Agency, the Futian…

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Japan has given formal approval for its cryptocurrency industry to regulate itself, the Japan Virtual Currency Exchange Association (JVCEA) confirmed October 24. JVCEA Can Police Exchanges In a significant development for the country, regulators opted to allow the JVCEA to ensure cryptocurrency exchanges followed legal requirements, a statement reads. Under the deal, the body will also have the power to punish those operators, which do not conform to the stringent safety regulations Japanese authorities have put in place this year. “It’s a very fast-moving industry. It’s better for experts to make rules…

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A top-level executive from the Bank of Japan (BOJ) revealed that the country’s central bank doesn’t plan to issue a digital currency. The BOJ justifies this decision by identifying major obstacles which prevent their further widespread adoption.   Spoken Like a True Banker Masayoshi Amamiya, a deputy governor of the Bank of Japan, revealed the bank’s position on cryptocurrencies. Speaking at a lecture during the autumn annual meeting of the Japan Society of Monetary Economics, the banker said that it’s questionable whether cryptocurrencies have any serious merit to improve the…

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