Pain continues for bitcoin in the new year
The world’s best-known cryptocurrency, bitcoin, has suffered yet another setback, tumbling to $13,635 (£10,069 €11,346) on Tuesday.
Cryptocurrency
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Gibraltar launches blockchain regulatory first
Gibraltar has launched the world’s first regulatory framework for blockchain technology.
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Offshore jurisdictions vie for cryptocurrency dominance
While investors may find the allure of stellar returns on Bitcoins too much to resist, offshore centres are catching up to offer services and regulations for the emerging cryptocurrencies.
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Managing clients’ fear of missing out on Bitcoin
As Bitcoin surges to new heights, how can advisers manage enthusiastic clients’ fear of missing out (Fomo)?
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IoM pension firm launches cryptocurrency services
Isle of Man-based corporate and pension service provider Optimus is to offer crypto-currency, block chain and Initial Coin Offering (ICO) services.
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First ETN tracking ‘crypto-fuel’ lists on Nasdaq
The first exchange-traded notes tracking the price of ether, a ‘crypto-fuel’, have been launched for European investors.
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Abu Dhabi opens the door to cryptocurrencies
Abu Dhabi’s financial regulator has set out its stall as a potential regulated market for crypto currencies and Initial Coin/Token Offerings (ICOs).
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Diamond backed cryptocurrency exposed
Two so-called initial coin offerings (ICOs) backed by investments in real estate and diamonds have been shut down by the US Securities and Exchange Commission.
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Fake cryptocurrency shut down
Switzerland’s financial regulator has shut down three companies for conning millions of francs out of hundreds of investors by selling a fake cryptocurrency and says it has 11 similar companies in its sights.
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Hargreaves Lansdown adds bitcoin tracker to platform
Hargreaves Lansdown, which operates the UK’s biggest online trading platform, is to allow clients to invest in a dedicated bitcoin Exchange Traded Note (ETN) through its SIPP and brokerage services.
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IRS targets virtual currency in tax avoidance probe
As part of its investigation into tax avoidance through the use of virtual currencies, the US Internal Revenue Service (IRS) has filed a petition with a California court requesting personal data from virtual currency exchange firm Coinbase.
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Kanye West inspires new currency
Bitcoins just not blinging enough for you? How about Coinye West, a new cryptocurrency inspired by flamboyant rapper Kanye West?