Bitcoin Cash Ecosystem Sees a Tidal Wave of Merchant Acceptance

Just recently news.Bitcoin.com reported on Bitpay launching bitcoin cash (BCH) integration for the firm’s loadable Visa debit cards. Since then the company has implemented BCH invoice support for all of the firm’s vendors, and now bitcoin cash can be spent with thousands of merchants worldwide. Also read: Some of Bitcoin’s Earliest Adopters Find it Difficult to … Read more

Survey Says 8% of the American Population Now Own Cryptocurrency

A new survey of Americans has discovered that the cryptocurrency community still has a long way to go to in order to simplify the technology or to reach out and educate more people in the United States, especially among women and older folks. Also Read: Mainstream Media Reports of “Blockchain Elections” in Sierra Leone Are … Read more

US Court Shuts Down Promoters of Three Deceptive Crypto Schemes

A U.S. federal court has placed a restraining order on and frozen the assets of four alleged promoters of deceptive schemes involving cryptocurrencies at the request of the country’s Federal Trade Commission. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies US Court’s Order The U.S. Federal Trade Commission (FTC) announced on Friday … Read more

24-Year-Old Sent to Prison for Selling Bitcoin to Agents Without Asking for ID

US law agencies can celebrate another success in their tireless crusade to stop ‘unlicensed money transmitting’ in the land of the free. The latest victory is sending a 24-year old crime kingpin to federal prison for making $40,000 from trading bitcoin offline. Also Read: US Federal Authorities Arrest Man for Selling 9.99 Bitcoin One Year … Read more

35 Countries, EU and FATF Agree to Revise Global Cryptocurrency Standards

Thirty-five countries and the European Commission have asked the Financial Action Task Force (FATF), responsible for setting global anti-money laundering (AML) policies, to revise its standards relating to cryptocurrencies. The organization promised to present its revised AML countermeasures for cryptocurrencies at the upcoming G20 meeting of finance ministers. Also read: Indians Look to Buy Bitcoin Overseas … Read more

US Navy Investigators Bust Bitcoin Drug Ring at Naval Academy

Despite recent claims that bitcoin is becoming less popular for illicit dealings on the dark web, investigations show that it is still the payment method of choice for many. The most recent example comes from the US Navy, where a few entrepreneurial cadets reportedly used bitcoin to buy drugs which they distributed to their classmates … Read more

Some Major Canadian Banks Still Allow Cryptocurrency Credit Card Transactions

While TD Bank has revised its policies and stopped allowing customers to purchase cryptocurrencies using its credit cards, some major banks in Canada still allow crypto credit card transactions, the banks reportedly confirmed on Friday. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten TD Bank Halts Crypto Credit Card Purchases Canada’s largest bank … Read more

US Federal Authorities Arrest Man for Selling 9.99 Bitcoin

If you are thinking about selling bitcoin for cash inside the Unites States to people you don’t know, caution is advised. A reminder to stay alert for undercover government agents who might try to entrap you has been served by a recent California case. Also Read: Cryptocurrency Regulator Found Dead at His Home in South … Read more

SEC Suspends Trading of Three Companies With Ties to Cryptocurrency

The U.S. Securities and Exchange Commission (SEC) has suspended trading in the stocks of three companies with ties to cryptocurrency. One of the three is also planning an initial coin offering. The SEC says it is concerned about the nature of the companies’ business operations and the value of their assets. Also read: Japan’s DMM Bitcoin … Read more

Several States Spearhead Bitcoin Adoption in the U.S.

U.S. states with positive attitudes have advanced towards bitcoin legalization – a process that a growing number of elected officials consider inevitable, if not desirable. Numerous crypto-friendly bills have been introduced, and some of them have received approval in committees and houses of state legislatures. One wouldn’t necessarily think of states like Arizona, Tennessee, and … Read more