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Draft Law Requires Israeli Firms to Report on Clients’ Crypto Activites

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The Israeli Ministry of Finance has published draft prohibiting money laundering regulations with provisions specifically pertaining to virtual currencies. The proposed regulations will also introduce a suite of new reporting requirements for financial service providers, including strict conditions regarding the cryptocurrency activities of clients. Also Read: South Korean Exchange Bithumb Blocks Trading in 11 Countries Israeli … Read more

Bitcoin Cash Proponents Prepare for the Largest Block Size Increase Ever

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In a little more than three weeks time the Bitcoin (BCH) network will hard fork by upgrading its block size to 32MB and incorporate additional functionalities to the protocol. Currently, the entire community is steadily preparing for the consensus change as development teams release new code, while users and infrastructure providers upgrade their full node … Read more

Upgrade Time: Bitcoin Cash Plans a 32 MB Hard Fork

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This week the Bitcoin ABC developers officially announced the much anticipated Bitcoin Cash network hard fork on May 15. In addition to the statement from the development team, the codebase for the client Bitcoin ABC 0.17.0 has also been made available with the newly added consensus rules. Also read: New Karate Combat League Arena Features Bitcoin … Read more

Bitcoin.com Wallet Added to Bitpay’s List of Payment Protocol Support

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This past November the largest bitcoin payment processor worldwide, Bitpay, announced the company’s move to integrate a process called BIP-70, otherwise known as the Payment Protocol, into the Bitpay invoice platform. At Bitcoin.com we want readers and users of our services to be up to date with the latest technologies and upgrades happening within the … Read more

Coingeek Announces Funding the Electron Cash Development Team

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On February 1 the cryptocurrency media outlet and blockchain company Coingeek announced it plans to fund the Electron Cash team’s development. The new Electron Cash projects will involve working on innovative plans for the bitcoin cash ecosystem and a partnership with the firm Nchain. Also read: Bitcoin Cash Supporters Prepare for the Network’s Next Six Month … Read more

Goldman Sachs CEO: ‘Bitcoin Trading Desk Rumors Are Not True’

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According to multiple reports back in October and December of last year, it was said that the financial institution Goldman Sachs had plans to create a bitcoin trading desk. Now a month later, Lloyd Blankfein, the CEO of the firm, says the reports are “not true” speaking at the World Economic Forum in Davos this … Read more