Crypto Crazy

It’s all against crypto this last few months:

Europol: Criminals hide billions in crypto cash.  bbc news

Get Ready for Most Cryptocurrencies to Hit Zero, Goldman Says

Beginning 2018 in USA, all cyptocurrency transactions are taxable, including the exchange of one cryptocurrency for another. US tax reform bill

China central bank bans cryptocurrency fund raising. China morning post

Facebook has said it will block any advertising promoting crypto-currency products and services. bbc news

Lloyds banking group bans bitcoin purchases on their credit cards to stop people running up debt.  bbc news

Japanese regulators raid Coincheck in wake of $530 million crypto heist.

UK Treasury: We also intend to update regulation to bring virtual currency exchange platforms into anti-money laundering and counter-terrorist financing regulation. (Dec 2017)

Bitcoin Mining Now Consuming More Electricity Than 159 Countries

Thugs break into house to force bitcoin transfer at gunpoint

Company Halts ICO After SEC Raises Registration Concerns.  Munchee had been seeking to raise $15m to create an “ecosystem” where Munchee and others could buy and sell goods and services using the tokens.

“The Indian government does not recognise cryptocurrency as legal tender or coin and will take all measures to eliminate the use of these cryptoassets in financing illegitimate activities or as part of the payments system,”

Russia’s Finance Minister says: “I don’t believe that the future belongs to the bitcoin. The future belongs to the blockchain technology.  express news

In less than a decade, hackers have stolen $1.2 billion worth of Bitcoin and Ether, two of the most popular digital currencies, according to Lex Sokolin, global director of fintech strategy at Autonomous Research LLP.Latest here is Nicehash, Dec2017

Bitcoin’s price sinks as South Korea bans anonymous crypto trading. (28/12/17) reuters news

Andrew Bailey, the head of the Financial Conduct Authority, repeated calls that investors should be prepared to lose everything if they buy bitcoin. Dec 2017

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