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Your Weekly 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 29, 2017 | $5,978.98 Brought to you by: Economy Japan's Financial Authority Clarifies Stance on Initial Coin Offerings The Japanese Financial Services Agency (FSA) has issued a statement regarding initial coin offerings (ICOs). In addition to risk warnings, the agency detailed how two existing laws may apply to token sales. Read More… Economy Vietnam's Central Bank Seeks to Ban Bitcoin Activities The State Bank of Vietnam has developed a legal framework for digital currencies. The bank has submitted its proposals to its government, seeking to ban activities relating to bitcoin including issuance, distribution, and use. Bitcoin users may be subject to criminal prosecution and fined up to 200 million dong. Read More… Economy UK & Taiwanese Regulators Weigh-in on Bitcoin Laundering, France ponders ICOs This past week has witnessed several developments in the sphere of cryptocurrency regulations. In recent days, the U.K. government has assessed bitcoin as possessing a "relatively low" money laundering risk, Taiwan's central bank has stated that bitcoin trading should be incorporated under the purview of existing money laundering laws, and France's financial regulator has requested public consultation with stakeholders regarding the development of legislation governing initial coin offerings (ICOs). Read More… Technology Airbitz Major Wallet Overhaul Leads to New Brand, New Company: Edge Airbitz, a popular bitcoin wallet, announced under an embargoed press release undone as of this writing, it is rebranding itself 'Edge'. "Airbitz is now Edge," the release begins before explaining why the San Diego-based company is moving forward in such a manner.  Read More… Economy Wall Street Hedge Funds Rush to Cryptocurrencies, 90 Bitcoin-Like This Year Alone Autonomous Next, a leading financial technology (fintech) research provider, disclosed to CNBC how 124 hedge funds are invested in crypto assets such as bitcoin. With over 2 billion USD under management, it appears, despite some well-documented Wall Street naysayers, the world's most popular cryptocurrency is convincing money managers the time is right to invest. Read More… Technology Samsung Builds Bitcoin Mining Rig Using Old Phones Samsung's new 'upcycling' initiative has seen the company repurpose outdated technology for novel and creative utilities, including the construction of a bitcoin mining rig from out of old smartphones. Read More… Featured Satoshi Revolution – Chapter 2: Technology Meets Anarchy. Both Profit (Part 2) The Satoshi Revolution: A Revolution of Rising Expectations. Section 1: The Trusted Third Party Problem Chapter 2: Monetary Theory by Wendy McElroy Read More… Economy Bank of America Bullish on Bitcoin ETFs, Anticipates 1.6 Billion USD Market Bank of America Merrill Lynch (BAML) reported how bitcoin has the potential of reaching over one and a half billion dollars as a market for exchanges, suggesting Cboe Global Markets, Inc. (Cboe), due to its out-front attitude on cryptocurrencies, will be an early winner in such an exchange-traded fund (ETF) environment.  Read More… Featured South Korea Advances Crypto Bill Targeting Multi-Level and Door-to-Door Sales South Korea is moving forward with a bill to regulate cryptocurrencies. According to the country's Ministry of Justice, the bill will primarily focus on cracking down criminal activities including crimes perpetuated through multi-level and door-to-door sales. Read More… Featured Palm Beach Group Reveals $1 Million Bitcoin Giveaway U.S.-based financial research and publishing firm Palm Beach Group has announced that it will be conducting a $1 million bitcoin giveaway in coming days. The giveaway will be conducted as part of a week-long free training event which will be hosted by Palm Beach Group's Teeka Tiwari from October 26th onward. Read More… Featured Chinese Exchanges Seek Second Chance in Japan and Other More Crypto-Friendly Countries Following the crackdown by the Chinese government last month, bitcoin exchanges in China are looking to continue their businesses in cryptocurrency-friendly countries. Nineteen chinese companies are reportedly applying for a license to operate in Japan, while others are considering Singapore, Hong Kong, and South Korea. Read More… Featured National Bank of Kazakhstan Proposes to Restrict the Exchange and Mining of Cryptocurrencies The central bank of Kazakhstan has submitted proposals to its government to restrict some cryptocurrency-related activities. However, the bank's chairman admitted that he does not fully understand what cryptocurrency is. Experts also weighed in on the feasibility of banning crypto mining in the country. Read More… Technology A Look at Bitcoin Replay Attacks and Self-Managed UTXO Protection Over the past few weeks, bitcoin proponents have been quarreling online about the lack of replay attack protection for the pending Segwit2x fork scheduled for this November. As time draws closer, a lot of bitcoiners are planning on sitting tight to ride out the storm. However, there are also individuals searching for replay-protected exchanges, wallet providers, and alternative techniques to protect themselves. Read More… Technology Japan's GMO Plans to Sell 7nm Bitcoin Mining Boards Using Token Sale Japanese internet giant GMO has announced a plan to sell its "next-generation mining boards," equipped with 7nm ASIC chips through an initial coin offering (ICO) next year. 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… Download the Bitcoin.com Wallet right to your device for easy and secure access to your bitcoins. Learn 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 29, 2017 PR: Waste to Energy Blockchain Company 4New Raises $25 Million Within 8 Days of Presale Launch October 29, 2017 PR: Dalecoin Team Reward Investors Qualified for the Upcoming Airdrop with Gifts, Release Fascinating Features October 28, 2017 PR: Bankera Announces ICO Details for its Blockchain-Era Banking Service October 27, 2017 PR: UTRUST Attending Blockchain Conferences in Europe, Asia and North America Ahead of November 2nd ICO October 27, 2017 PR: Palm Beach Research Group Hosting a Free Cryptocurrency Training and Giving Away $1 Million Dollars in Bitcoin ©2017 Saint Bitts LLC All rights reserved. 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