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Crypto Exchanges Don’t Need Licenses in Colorado For Fiat, Positive Development

The State of Colorado recently released a special guidance that will eliminate the need for money transmitting licenses in crypto exchanges in cases when no fiat currencies are being involved. No Fiat Used — No License Needed Only days ago,…
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Price Action Last Week: Market Establishes YTD Low, Then Bounces Back Strong

For many short-term speculators, the current cryptocurrency market could be classified as a bore, with prices remaining relatively stagnant, volume figures dwindling, and altcoins failing to see rapid bouts of non-linear price movement, which…
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Ex-CEO of Crypto Company Sentenced to Prison for Fraud, Fined $9 Million

The former CEO of a cryptocurrency company has been sentenced to prison time and ordered to pay $9 million in restitution due to his company’s role in a major Ponzi scheme that cost hundreds of investors millions of dollars. The hearing comes…
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Chinese Crypto Startup to Offer Custody Service Amid Regulatory Turmoil

Long story short, China’s leading regulatory bodies have recently begun their second crusade against the propagation of crypto assets, imposing a series of harsh rules, laws and advisory messages in a bid to curb the growth of this industry. In…
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Crypto Week In Review: Coinbase Ponders ETF, Market Sees Violent Decline

Arthur Hayes, the CEO of BitMEX, predicted that once summer comes to a close, as it is now, the crypto market would see a resurgence in activity. So far, it seems that his prediction has come true, with the past week hosting a flurry of developments…
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Terrorists Turn Away From Crypto, Criminal Money Argument No Longer Relevant

Foreign terrorist groups such as Isis and al-Qaeda have failed at repeatedly trying to raise money to fund their criminal operations using crypto, according to a testimony made today at a House Financial Services Committee hearing. Crypto Is…
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Korea’s Major Crypto Exchange Bithumb Resumes Registration. Partners With NH Bank

Hankyung, a mainstream media outlet in South Korea, has reported that Bithumb, the country’s second largest crypto exchange, will officially resume new user registrations on September 1. Bithumb has disallowed new registrations for traders…
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Iran is Preparing National Rial-Backed Cryptocurrency to Evade US Sanctions

Rogue state Iran has reportedly announced details about its plans to launch and support its own national cryptocurrency, in an attempt to evade sanctions imposed by the Trump administration. Iran Cryptocurrency Will Be Backed By Rial The Republic…
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Litecoin Founder: Dollar-Cost Average In, Accumulate Crypto Now

While crypto prices may have ostensibly kicked the bucket, there are some optimists who have done their best to disregard prices, focusing on the adoption and development of this space instead. Charlie Lee: Long-Term Price Of A Crypto Indicates…
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Prominent Analyst: Bitcoin is Significantly Healthier in 2018 Than 2014, Optimistic

Willy Woo, a cryptocurrency researcher and respected investor, has said that the 2018 Bitcoin correction will not turn out to be like the 2014 slump, when the price of Bitcoin dropped 90 percent and remained in a low price range for several…