While Bitcoin is not the sleek and sexy plaything of the rich and famous, it certainly is no longer only a tool for the tech-savvy computer whizzes. The mainstream appeal of Bitcoin has seen it spread across different demographics, from retired grandmothers to some of the world’s biggest rappers. Celebrities have been used to market certain ICOs, as well as …

Android is the most popular operating system for mobile devices – it is used by more than 80% of users. Such popularity is easily explained – a large number of applications are written specifically for Android. The only one that allows users today to download applications is Google Play. But in the near future the situation in the mobile applications …

In a market that never sleeps, the crypto-buck stops here; during a State Duma Financial Market Committee meeting, it was proposed that a “crypto-detective agency” be created and tasked with collecting information about companies in Russia that are planning to engage in token offerings (ICOs). During the meeting, major bank representatives met alongside regulators to discuss legislative measures that might …

Despite the Chinese government’s crackdown on initial coin offerings (ICOs) and cryptocurrency exchanges, local traders have invested in Bitcoin with a huge premium during its recent rally. As Cryptocoinsnews previously reported, the Bitcoin price achieved a new all-time high at $5,920 last week, moving closer to the $6,000 region. Analysts including billionaire hedge fund investor Mike Novogratz predicted the Bitcoin …

Crypto startup Eidoo drew attention to its initial coin offering (ICO) by using a full-page advertisement in The Wall Street Journal to troll JPMorgan chief executive Jamie Dimon, an ardent bitcoin critic. Last month, Dimon attracted a great deal of media attention by labeling bitcoin a “fraud” and threatening to fire any JPMorgan employee caught trading the cryptocurrency. “It’s just …

On Monday, Abu Dhabi Global Market’s Financial Services Regulatory Authority expressed support for token offerings and clarified that virtual currencies are treated as commodities. On October 9, 2017, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) announced guidance for token offerings (ICOs) and virtual currencies as part of its Financial Services and Market Regulations (FSMR). The …

Mr. Tharman Shanmugaratnam, Singapore’s Deputy Prime Minister, Coordinating Minister for Economic and Social Policies, and Chairman of Singapore’s financial watchdog, the Monetary Authority of Singapore (MAS), has responded to a question pertaining to MAS’s assessments and regulatory intentions regarding cryptocurrencies and initial coin offerings (ICOs). Mr. Shanmugaratnam replied by stating that the Singaporean regulator did not recognize bitcoin as legal …

Robert Ophele, the President of the French Autorité des Marchés Financiers (AMF), has revealed that the AMF does not believe initial coin offerings (ICOs) fall under the regulatory jurisdiction of existing legislation. The AMF president also expressed concerns about the efficacy of the existing juridical apparatus through which the applicable regulations pertaining to an ICO is determined.The President of France’s Financial …

The spate of celebrity endorsement continues, as now it has emerged that Wu Tang Clan member Ghostface Killah has apparently co founded an ICO that he is hoping will raise upwards of $30 mln. Ghostface is not the first celebrity to get involved in ICOs, as seen with the likes of Floyd Mayweather, Luis Suarez, Paris Hilton and Jamie Foxx. …

On Wednesday, SEC chairman Jay Clayton appeared before the House Financial Services Committee and discussed the agency’s approach to ICOs as well as the recently-disclosed EDGAR hack. On October 4, 2017, the leader of the US Securities and Exchange Commission (SEC) testified before a session of the House Financial Services Committee. Following the committee’s recess, SEC Chairman Jay Clayton responded …