Bitcoin

In times when cryptocurrency markets are experiencing a relatively significant dip, some influential voices continue to sound optimistic. We cover these opinions in today’s edition of Bitcoin in Brief. Of course, positive predictions are almost always balanced by some negative expectations; in this case they are part of a short-term prognosis. Also read: Bitcoin in Brief Monday: Poloniex Responds to Frozen Accounts Complaints McAfee Sees Bitcoin Beyond $15,000 in June Soon after tweeting that “institutional investors are preparing to enter the cryptocurrency market with a vengeance,” cybersecurity guru John McAfee issued another bullish prediction. Focusing on short term analysis this time, which he admits is not his favorite, he turns attention to several events that may influence the cryptocurrency market – which, in his words, “will turn before June 12.” According to McAfee , the “Korea deal is done and Trump will sign the documents in Singapore on 12 June […] The various noi...

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. It has already been three weeks since the launch of DIW’s ICO with just one week left to go – just enough time to seize this rare opportunity and join this unprecedented project! The entire team has been on constant alert for months now with quite a few kilos of coffee consumed on many endless meetings and sleepless nights! It has been a unique and amazing experience thus far and everyone is looking forward to the next stage that the project is about to enter. There is a contrast of emotions though within the team. Excitement regarding its own project, but disappointment regarding many others and the industry in general. Unfortunately, ICO projects have made a bad name for the indus...

Cease and desist letters have been sent to five crypto companies operating in Alabama, as part of the ongoing “Operation Crypto-Sweep.” The campaign, led by the North American Securities Administrators Association, is targeting ICO projects and blockchain startups suspected of fraudulent activities and violations of existing securities laws. Actions have been taken already by NASAA members in a number of states and provinces in North America. Also read: Nearly 1 in 5 Offerings Accused of Fraud, Bermuda Passes Regulations, Thai SEC Holds Hearing Three LA-Based Companies Among the Targeted The Alabama Security Commission (ASC) has recently taken enforcement actions in five investigations as part of “Operation Crypto-Sweep.” The international crackdown on fraudulent Initial Coin Offerings ( ICOs ) and crypto-related investment products is coordinated by the North American Securities Administrators Association (NASAA), a voluntary organization whose membership consists of 67 state, pro...

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Singapore, May 27- S. V. Sukumar, the former Partner and Head of Strategy and Operation Consulting at KPMG and a prominent thought leader joined XinFin as a Senior Advisor. Mr. Sukumar has more than 40 years of diverse experience in industrial and management consulting and has served fortune 500 brands globally. A pioneer in implementing management concepts like TQM, Six Sigma, and Lean, he strategized and improvised performance in Financial Services, Supply Chain, Consumer and Industrial Products, Pharma, Automobiles, etc., helping clients to enhance revenue and reduce costs thereby driving growth in the global competitive market. XinFin has developed a hybrid blockchain technolog...

The Israeli Ministry of Finance has published draft prohibiting money laundering regulations with provisions specifically pertaining to virtual currencies. The proposed regulations will also introduce a suite of new reporting requirements for financial service providers, including strict conditions regarding the cryptocurrency activities of clients. Also Read:  South Korean Exchange Bithumb Blocks Trading in 11 Countries Israeli Ministry of Finance Publishes Draft Money Laundering Regulations The Israeli Ministry of Finance a draft of the amended Money Laundering Prohibition Order – with the proposed legislation now containing provisions pertinent to cryptocurrencies. The new regulations will incorporate virtual currencies into the regulatory apparatus designed to prohibit money laundering in the financial services sector. Explanatory notes accompanying the draft acknowledge the intention to expand the regulations to apply to companies providing virtual currency services in ad...