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Monthly Archives: March 2018

Consumer Complaints Rise 669% After Crypto Prices Decline

Just recently a consumer research group called Valuepenguin did an analysis on complaints filed with the Consumer Financial Protection Bureau (CFPB) between June 1, 2017 and March 1, 2018. According to the study, after the significant 50-60 percent downturn in cryptocurrency values, consumer complaints surged by 669 percent. Also Read: Israeli …

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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 …

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Thailand to Pass Two New Cryptocurrency Laws

Thai regulators have reportedly agreed to enact two separate laws on cryptocurrencies and initial coin offerings. They will regulate crypto businesses, the purchase and sale of cryptocurrencies, as well as their taxation. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Two Laws Being Drafted Mr. Apisak Tantivorawong. The …

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Meme Specialist Is the Crypto Job of Your Dreams

A crypto startup is seeking a skilled applicant to assume the role of Meme Specialist. At $48,000 per year plus 1% of tokens, they’ll earn more than the average U.S teacher, though there are a few caveats attached. The successful candidate must be blessed with at least 10 years’ experience …

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Large Glassware Plant in Siberia to Mine Bitcoin

The largest glass manufacturing plant in Siberia may soon start minting bitcoins. The management of the factory in Novosibirsk announced plans to invest in a mining farm. 11 million rubles will be spent in the first phase of the project to utilize surplus electricity and make use of empty spaces. …

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US Economic Report Dedicates a Whole Chapter on Cryptocurrencies

The “2018 Economic Report for the President” has recently been published with a whole chapter dedicated to cryptocurrencies like bitcoin, ethereum, and the future of blockchain regulation. Also Read: Coinbase Granted E-Money License by UK’s Financial Conduct Authority New Innovations and Markets Presents America’s Regulatory and Legislative Institutions With Unique …

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