Australia’s Financial Intelligence Agency Registers 246 Bitcoin Exchanges
The Australian Transaction Reports and Analysis Centre (Austrac) has now officially registered 246 cryptocurrency exchanges. Pro-regulation industry participants have described the move as a key step towards legitimizing crypto assets. The registration process includes performing background checks and other anti-money laundering procedures on the entities involved. Also read: Coincheck Registers 1.7M New Users Since Resuming...
Anarchapulco Returns Promoting Freedom and Cryptocurrencies
On Feb. 14-17, 2019 the fifth annual Anarchapulco conference, dubbed “Life Unchained,” will be hosted in Acapulco Mexico. During previous Anarchapulco events, the pro-freedom and liberty event dedicated a whole day to blockchain innovation and cryptocurrency solutions, but this year all four days will have a devoted focus on digital currencies. Also read: Startup Launches Loaded Bitcoin Cash Notes to Spread BCH...
A Short History of Major Fiat Currency Collapses and What Triggered Them
Earlier this year we witnessed a mini flash crash that hit the fiat currency markets. It took approximately seven minutes for the Australian dollar to plummet against the Japanese yen, which surged to levels that it had last held almost a decade ago. Like a number of fiat currencies, bitcoin is going through its own boom and bust cycle which is something it has experienced before. Historically, several global currencies have...
Startup Launches Loaded Bitcoin Cash Notes to Spread BCH Adoption
Bitcoin Cash proponents can purchase collectible and loaded BCH notes from a company called Global Notes based in Melbourne, Australia. The creator of Bitcoincashnotes.com is a firm believer in Satoshi Nakamoto’s vision for a peer-to-peer electronic cash system and thinks the low fees tethered to the BCH chain are “vital for the economic feasibility” of the company’s physical bitcoin cash product. Also...
Over 50 Bitcoin ATMs Operate Legally in Russia, Study Finds
At least 51 cryptocurrency ATMs operate in compliance with the current regulations in Russia, estimates a new report. According to the study produced by the country’s crypto industry association, the average monthly turnover of each of these teller machines is around $27,000. Also read: Crypto Startups Push Swiss VC Investments to a Record $1.25B Most BATMs Concentrated in Large Cities The number of bitcoin ATMs around the world...