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Your Daily Bitcoin News

Read the latest Bitcoin News tailored for your interests, with selected stories from Bitcoin.com News. Change your newsletter subscription settings anytime by clicking here. NEWS TAILORED FOR YOU October 25, 2017 | $5,530.76 Economy South Africa's Bidorbuy Sees Six Fold Increase with Bitcoin With run-ups in bitcoin's price setting record highs this year, South Africa's business sector is beginning to come online, growing the nation's bitcoin ecosystem. Bidorbuy, South Africa's version of Ebay, was a relatively early company into the space, beginning in Spring of last year. Since then, the company reports sales are steadily growing after a few bumps along the way.   Read More… Economy Putin Mandates Crypto and ICO Regulation Be Finalized by July 2018 Russia's president Vladimir Putin has issued orders pertaining to the regulation of cryptocurrencies, initial coin offerings (ICO), and cryptocurrency mining. He wants changes made to the Russian legislation to regulate cryptocurrencies and tokens. Mining operations will also be registered and taxed. The prime minister and the central bank governor will be responsible for completing the orders by July next year. Read More… Featured Bank of Korea Criticized, Does Not Recognize Bitcoin as Currency A parliamentary audit of the Bank of Korea revealed that it has done "poor" research on digital currencies including bitcoin and ether. The central bank's governor told lawmakers that digital currency is not currency and promised to conduct more research on this topic. Read More… Technology Early Bitcoin Adopter Jeff Garzik Goes The ICO/Altcoin Route On Tuesday Jeff Garzik's company Bloq announced what the company claims is a groundbreaking advance. The "world's first cross-blockchain cryptocurrency," Metronome (MTN), is "expected to launch in early December 2017," according to a press release. Read More… Economy FCA Accuses Banks of Anti-Competitive Practices Towards DLT Start-Ups The UK financial regulator, the Financial Conduct Authority (FCA) has accused financial institutions of withholding financial services from distributed ledger technology (DLT) start-ups on a wholesale basis. The assessments have been published in a report examining the outcome of the nation's 'regulatory sandbox' one year after its launch. Read More… Technology Ledger Bitcoin Wallet Partners With Tech Giant Intel The Paris-based cryptocurrency hardware wallet manufacturing company, Ledger, has announced a recent partnership with the giant multinational technology firm Intel. The joint initiative aims to tether Ledger's unique operating system, 'BOLOS' and Intel's 'Software Extension Guard' (SGX). Read More… Economy Saudi Central Bank Says Cryptocurrency Industry is "Not Mature Enough" to Warrant Regulation In an interview with CNBC on Monday, Abdulmalik Al-Sheikh, senior adviser at Saudi Arabia's central bank, stated that the regulator does not believe the cryptocurrency has matured enough to warrant regulation at this point in time. Mr. Al-Sheikh also stated that the central bank will wait and observe before delivering a determination regarding its regulatory position on initial coin offerings (ICOs). Read More… Technology Wirex and SBI Holdings Partner Up, Prep to Launch Bitcoin Card in Japan London crypto-payments company Wirex just partnered with Japanese-based SBI Holdings. Their goal is to produce a bitcoin and cryptocurrency payment card for Japanese customers. The partnership is geared to create more mass adoption for cryptocurrencies and break Wirex into the mainstream limelight.  Read More… Featured Life After China's Exchange Ban – an Interview with Hong Kong-based Binance CEO Zhao Changpeng Zhao (CZ), CEO of Binance and former CTO/Cofounder of Okcoin sat down with news.Bitcoin.com to talk about dealings with regulatory bodies in China, his advice for retail investors when choosing an exchange and the future of centralized and decentralized crypto exchanges. Read More… Featured Venezuelans Risk "Energy Theft" Arrest and Police Extortion Mining Bitcoin Agence-France Presse (AFP) reports Venezuelans hard-hit by hyperinflation are still apt to mine the world's most popular cryptocurrency, even though they're subject to immediate arrest for energy theft, or even extortion, by police.  Read More… Download the all-new Bitcoin.com Wallet Easy to use for beginners and robust enough for experts, the Bitcoin.com Wallet is the perfect way to store your Bitcoin.    Install in less than a minute   Get Started with Bitcoin Learn the Bitcoin essentials from these guides: How Do I Get Started with Bitcoin? Everything you need to know about Bitcoin presented in five minutes   A Beginner's Guide to Buying Bitcoin How to buy Bitcoin the quick and easy way   Bitcoin Transactions Explained: How to Send and Receive Bitcoin All you need to know about sending and receiving bitcoin Recent Press Releases October 25, 2017 PR: BMCHAIN Social Media Blockchain the First Token Secured with Applied Business Knowledge October 24, 2017 PR: Meet the New Generation of Online Advertising with Socialmedia.Market October 24, 2017 PR: Appian Decentralized Application Creator- the Secret to Making Big Money with Crypto October 23, 2017 PR: Hedge Token Platform Launched Its Flagship Cryptocurrency Index Named 'Buchman Crypto 30 Index' for Effective Crypto Trading & Investments Content October 23, 2017 PR: E-Chat Pre-ICO: First Decentralized Messenger with Capabilities of a Multi-Currency Crypto-Wallet ©2017 Saint Bitts LLC All rights reserved. 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