Industry Watch 15 March, 2018 – 08:25

Nami | Daily Crypto News 15.03.2018

Copied to clipboard
Copied to clipboard

Bitcoin Magazine: Congressional Hearings: We Must Distinguish Digital Commodities From ICOs

On March 14, 2018, the House Financial Committee held a hearing entitled “Examining the Cryptocurrencies and ICO Markets.” This was the first hearing in which members of the U.S. Congress, specifically a subcommittee on capital markets, securities and ICO markets, addressed cryptocurrencies and ICOs.

Financial Times: Cyber threats force US clearing house on to cloud

Options Clearing Corporation is drawing up plans to move its operations into cloud computing as the exchange industry battles the threat posed by cyber crime.

Bloomberg: Cboe Signals Big Plans for Trading Cryptocurrency Derivatives

Digital currencies are ‘here to stay,’ Cboe’s president says. Nasdaq is also intrigued by Bitcoin, but needs to differentiate

Forbes: Bitcoin And Digital Currencies Take A Hit From Facebook

Bitcoin and the next dozen largest digital currencies by market cap are down at least 6% in the past 24 hours and all except for one have declined over 12% in the past week. The biggest reason for today’s drop is Facebook posting an update to its Advertising Policy. Its “Prohibited Content” section added the 29th policy titled “Prohibited Financial Products and Services.”

Nikkei Asian Review: North Korea’s cybertroops span the globe in quest for cash

While the world prepares for an unprecedented meeting between U.S. President Donald Trump and the North Korean leader, and while analysts discuss the chances of denuclearization, there is much more to North Korea’s clandestine activities.

Forbes: Telegram Users Sue Russian Spy Agency

Users of Telegram are taking Durov’s penchant for fighting authority and filing a class action lawsuit against them. Thirty-five Russians filed suit in the Meshchansky Court of Moscow saying that the FSB’s request for encryption keys was illegal, the Tass newswire reported Wednesday.

Bangkok Post: Digital asset trading faces 7% VAT levy

Thailand: Investors who make digital-asset-related trades will be liable for a 7% value-added tax (VAT), on top of the 15% withholding tax on capital gains and returns from such investments, when the new law is enforced

Coin Desk: Brazilian Officials Caught Using Bitcoin in $22 Million Scam

Police officials in Rio de Janerio have uncovered a money laundering scheme in which state officials siphoned off money intended for prison supplies, using bitcoin to exchange some of the proceeds.

 

___

Disclaimer. This article/email is for informational purposes and should not be considered investment advice. Statements and financial information on Nami web/email and Nami related sites do not necessarily reflect the opinion of Nami and should not be construed as an endorsement or recommendation to buy, sell or hold.

While we aim at providing you all important information that we could obtain that may include certain information taken from exchanges and other sources from around the world, readers should do their own research before taking any actions and carry full responsibility for their decisions.Trading and investing in digital assets like cryptocurrencies is highly speculative and comes with many risks. Past performance is not necessarily indicative of future results.

Nami may provide links to third-party websites, including social networking websites. Since we do not control third-party sites and are not responsible for any information you may provide while on such sites, we encourage you to read the privacy policies on those websites before providing any of your information on such sites.