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Crypto trading app Robinhood is now available in more U.S. states. In October, the platform has launched services in Rhode Island, Tennessee and Arkansas. The move brings the total to 24 states whose residents can now make zero-commission trades in several leading cryptocurrencies.
App Available in Rhode Island, Tennessee, Arkansas
Robinhood, the popular mobile application that offers free trading of stocks, options, exchange-traded funds (ETFs), and crypto assets, has recently expanded its coverage in the U.S. adding Rhode Island, Tennessee and Arkansas since the beginning of October. The consecutive announcements made on social media came after the company launched in Alaska and Oklahoma last month.
The United States may no longer be the king of initial coin offerings (ICOs), as Singapore recently surpassed the U.S. for the most ICOs in the month of August. There were more ICOs in Singapore in August 2018 than in the USA. https://t.co/mU20rmEglN @elementus_io #data #ICO #blockchain #crowdfunding #SEC pic.twitter.com/w5CchNnT1v — Mike (@KalomeniM) September 30, […]
Basic Attention Token, the native token to the Brave project and the token designed to fully incentivise the consumption of fair advertising. According to reports, the CEO of Brave, Brendan Eich has written to the US Senate Committee on Commerce, Science and Transportation in order to address some of the concerns he has regarding the current privacy laws in the United States. According to BTCManager, in his letter, Eich refers to the current roll out of GDPR across Europe, a law that has been established to give citizens in Europe more control of their data.
The European Union Agency for Law Enforcement Cooperation (Europol) have warned European Union member states of a future influx in Bitcoin and crypto related crime that could plague EU member states, therefore Europol have issued a message requesting each member state employs adequate resources into ensuring investigators and law enforcement teams are able to cope with this potential rise in crypto crime.
This came from a report issued at the annual Interpol-Europol Cybercrime Conference in Singapore, which according to The Times of Malta states:
“The abuse of cryptocurrencies by cybercriminals continues to play a pivotal role in the commission, perpetration and monetisation of cybercrime.
Bitgo, a cryptocurrency security and custody company, has been granted regulatory approval to provide its storage services to the United States. Specifically, Bitgo will target U.S.-based institutional investors with its “Bitgo Trust Company.”
Bitgo Approved by South Dakota Regulators
The South Dakota Division of Banking has approved Bitgo Trust Company as a public South Dakota Trust Company – allowing the company to offer its cryptocurrency custody services to institutional investors in the United States.
CoolBitX recently announced a partnership with Charlie Lee and the Litecoin Foundation to roll out sales of the CoolWallet S in the United States.
The First Truly Mobile Hardware Wallet
CoolBitX CEO Michael Ou and his team have made some large strides in the cryptocurrency security and storage industry this past year.
Earlier this year they released their next-gen mobile cryptocurrency hardware wallet, the CoolWallet S.
Hardware wallets are known for being more secure than storing funds in a digital software wallet, and the CoolWallet is the first hardware wallet that can be used without connecting it by USB to a computer to use.
Hong Kong-based cryptocurrency exchange OKCoin announced this week that is has expanded token-to-token trading to 20 more states in the U.S. after launching its fiat-to-token trading platform in California earlier this summer. Token-to-token trading is now live in 20 more states! OKCoin continues to work with local laws and regulators to ensure we operate a […]
It’s been nearly one year since one of the world’s largest cryptocurrency exchanges was forced to shut its doors in the wake of a government-imposed trading ban. Now, that exchange, the formerly China-based OKCoin, is eying a comeback on the other side of the globe. Now headquartered in San Francisco, OKCoin’s U.S. offshoot announced on
The post Cryptocurrency Exchange OKCoin Expands to 20 More U.S. States appeared first on CCN
News of cryptocurrency investment fraud has hit the community again, as authorities of two U.S. states, Illinois and Arizona, have asked the Criminal Investigation Department (CID) in India to seize the property of several BitConnect promoters, per reports from the Times of India. BitConnect was an open-source cryptocurrency and an investment program accused of running
The post U.S. States Ask Indian Authorities to Seize Property of BitConnect Promoters appeared first on CCN
Embattled 3D printable gun advocate Cody Wilson and his Texas-based company, Defense Distributed are being sued by nearly two dozen states in the US. Attorneys General are marshaling a coast-to-coast legal fight against Mr. Wilson after he had an agreement with the US Department of State that effectively allowed Defense Distributed to host downloadable firearm blueprints for use with a 3D printer. In response, Mr. Wilson launched a two-week fundraising and media campaign to raise awareness of his plight, hoping to be able have digital 3D firearm blueprint files freely downloadable from his website.
Following the statement by Saudi Arabia declaring cryptocurrency illegal, the largest crypto exchange in the Middle East and North Africa is working with regulators across the region to develop crypto regulations. Bitoasis confirmed its platform is unaffected by the Saudi Arabian crypto stance.
Bitoasis Working With Regulators
Dubai-based cryptocurrency exchange Bitoasis has revealed that it is working with the regulators from the Gulf Cooperation Council (GCC) “to develop regulatory frameworks in light of Saudi Arabia’s ban,” Arabian Business reported on Thursday. According to its website, the exchange is currently present in UAE, Kuwait, Bahrain, Oman and Saudi Arabia.
Mobile payment company Square is expanding its bitcoin trading support to all 50 states through its Cash App. This means that residents in all corners of the U.S. can utilize the platform to purchase and sell the digital currency.
The company was co-founded in 2009 by tech entrepreneur Jack Dorsey, who also heads Twitter. Last March, Dorsey was quoted as saying that bitcoin will likely serve as the world’s “single currency” in roughly 10 years.
Cryptocurrency-backed loan provider SALT Lending announced it will now serve customers in 20 new U.S. states on Wednesday.
On Friday, Samsung stores in the Baltic States have announced they will be accepting seven different cryptocurrencies for merchandise. Through a partnership with the payment processing firm Coppay, customers shopping at the Samsung stores in Tallinn, Riga, Vilnius, and Kaunas will be able to pay with BTC, ETH, DASH, NEM, STEEM, XRP, and LTC.
Even though some ‘experts’ feel that Bitcoin and the like have no value, these virtual currencies continue to be used as payment methods. In this case, Bitcoin was recently used to purchase a stunning home in the state of Delaware.
The process of buying a new house evokes a myriad of feelings. You are of course excited that you’ll be enjoying a new space but also worried about the financial aspects. Will your bank give you a loan? What are the transfer costs involved? How many reams of paper need to be signed?
The U.S. Secret Service is taking a good look at privacy-focused cryptocurrencies like Monero and Zcash while urging Congress to “consider additional legislative or regulatory actions.”
Fear of Privacy Coins
Last week, a top official from the federal law enforcement agency reportedly requested help from Congress in combating the use of privacy coins for illicit purposes. Robert Novy, Deputy Assistant Director of the Secret Service’s Office of Investigations, wrote:
We should … consider additional legislative or regulatory actions to address potential challenges related to anonymity-enhanced cryptocurrencies.
He added, as reported by Forbes:
The recent announcement that Bittrex will allow investors to buy digital coins with the U.S. dollar is the latest in a string of crypto trading trends to move West from Asia. With Japan and Korea among the first to facilitate an open and active trading ecosystem with fiat pairing, it’s clear that the Asian region is a nexus for global crypto trends.
When it comes to blockchain, it’s all about adoption and Horizon State is smashing it. A network can have great technology with fantastic scaling, innovative consensus protocol, you name it. But if the crowds aren’t coming it’s about as much use as a state-of-the-art website with no visitors.
Australian-based Horizon State has just signed a deal with one of the largest social organizations on the planet to roll out its blockchain-infused voting platform. You may not have heard of it but Nahdatul Ulama (NU) has a membership of 96 million, with over 50 million of them in Indonesia, the largest Muslim-population country in the world.
HIPAA Rules and regulations limit the direct use of a public blockchain to store electronic Protected Health Information (ePHI).
We know blockchains are secure, so why is the technology non-compliant? Because the blockchain’s cryptographic process relies on pseudonyms that are mathematically derived. HIPAA’s Privacy Rule prohibits the use of these pseudonyms as tools to de-identify private information.
In addition to being non-compliant with HIPAA’s Privacy Rule, a traditional blockchain ledger faces storage and access roadblocks. A system allowing direct posting of ePHI to the blockchain might require each provider to maintain a database with the complete medical records of all patients – data storage and ease of access would quickly become large problems.