Cryptoflame

Today, February 6, 2018, the prospects for coherent U.S. regulation on cryptocurrencies became a little more clear, as were the impasses that were frustrating progress on the issue. The Senate Committee on Banking, Housing and Urban Affairs the Committee heard joint testimony from the heads of both the Securities and Exchange Commission SEC and the Commodity Futures Trading Commission CFTC. While both the SEC Chairman Jay Clayton and CFTC Chairman J. Christopher Giancarlo provided written tes

The Twitter account of Bitfinexed, the pseudonymous online critic of the worlds largest Bitcoin and cryptocurrency exchange, was suspended today. The blogger says his tweets were being reported and his account was being spammed with hundreds of thousands of fake followers, and he thinks Bitfinex is behind it. Bitfinex nor its public relations firm, 5W, immediately responded to a request for comment. An unregulated exchange, Bitfinex handles around $2 billion in bitcoin and cryptocurrency trad

Concerns are growing as to whether tether USDT, the stable token pegged to the dollar, is backed by actual U.S. dollars. And recent scrutiny by U.S. regulators is doing nothing to allay those fears. As of this writing, the number of USDT in circulation is 2.2 billion. That means Tether should have a matching number of dollars in one or several bank accounts. But, so far, no external audit has been conducted to show the money actually exists. Tether is owned and operated by the same individual

via ETHNews https://www.ethnews.com/chinas-central-bank-email-hacked-message-claims-cryptocurrency-ban

via ETHNews https://www.ethnews.com/bitfinex-critic-has-twitter-account-suspended-faces-possible-death-threats

via ETHNews https://www.ethnews.com/indian-tax-authority-sends-tax-notices-to-cryptocurrency-investors

via ETHNews https://www.ethnews.com/singapores-central-bank-wont-ban-cryptocurrency-trading-anytime-soon

via ETHNews https://www.ethnews.com/secs-2018-examination-priorities-include-cryptocurrency-and-icos