Category Archives: News

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News Roundup – SEC Knockback Fails to Impact Bitcoin Price

Bitcoin price holds steady despite SEC knockback on ETFs The price of Bitcoin is little moved despite a decision late on Wednesday by the US regulator not to allow rule changes that would have allowed the creation of Bitcoin exchange traded funds. The proposals from investment firms Direxion and ProShares would have been the first […]

Co-Founder of MyEtherWallet: “We Have to be Ready for Mass Adoption”

Kosala Hemachandra, the co-founder of the leading online wallet service for Ethereum, MyEtherWallet, is warning the cryptocurrency industry that it is not yet ready for widespread use by the general public. In an exclusive interview with BitcoinBro.com, the first time he has spoken publicly since the highly public split with his business partner, he has […]

Pulling Venezuela Up By Its Own Bootlaces?

Petro Dollar

President Maduro enters the world of cryptocurrencies. Is a currency worth anything if no one wants it? The fact that the answer is an obvious “no” lies at the heart of Venezuela’s problem. Inflation in the Bolivar currency is running at more than 11,000 percent. Lucky Venezuelans are hungry; many others are actually starving. Medicine […]

New Swiss ICO Guidance – a Welcome Development

Switzerland ICO Guidance

Summary The recent release by the Swiss financial markets regulator, FINMA, of guidance regarding its approach to the regulatory framework for Initial Coin Offerings (ICOs) is a welcome attempt to provide a more granular analysis of the ICO market and the likely applicability of securities regulation to this market. The guidance represents the first attempt […]

Bloomberg: Cryptocurrencies Draw more Attention from Global Regulators

As cryptocurrencies draw more attention from global regulators, BitcoinBro’s CEO Oliver von Landsberg Sadie talks with Nejra Cehic on Bloomberg Market TV’s ‘Rules and Returns’. In the UK there is a huge opportunity, right now, for banks and the FCA to embrace innovation in this space.

Bitcoin and Government Regulation Globally

Global Regulations Bitcoin

Satoshi Nakamoto, the unidentified author of the Bitcoin white paper, described the cryptocurrency as a, “peer-to-peer version of electronic cash [that] would allow online payments to be sent directly from one party to another without going through a financial institution.” Those “financial institutions” that Nakamoto wished to bypass when conducting online commerce referred not only […]

Co-Founder of MyEtherWallet forms Rival Company

MEW Split

.The founders of the MyEtherWallet.com, which is a popular and free client-side interface that allows users to interact with the blockchain, have split up. In a lengthy blog post Taylor Monahan, who founded the company in 2015 with Kosala Hemachandra, announced that she has started a new rival company called MyCrypto which intends to offer […]

Bitcoin – Haram or Halal?

Bitcoin - Haram Or Halall

The man responsible for interpreting religious law in Egypt has banned Bitcoin. Grand Mufti Shawki Ibrahim Abdel-Karim Allam has issued a fatwa telling Muslims the world’s most famous cryptocurrency is haram – or forbidden. They are not allowed to sell, buy or rent using Bitcoin. Whether his order applies to just Egypt’s Muslims – or […]