Wyoming is currently entertaining several blockchain-related proposed policies, including Bill HB0070, which supports a digital token issued on an open blockchain that’s not subject to securities and money transmission regulations as long as it meets a set of criteria.

After soaring earlier in the week, that loud thud you may have heard late Friday could have been Regal Petroleum (RPT LN) falling 4.5% to conclude the week at an 11.4% drop.

The largest theft in cryptocurrency history has sparked what is widely believed to be the most widespread and intensive online investigation ever undertaken. It may also force a change in the attitude of Japan’s finance minister who previously had supported minimal state supervision of the cryptocurrency revolution. The Coincheck theft may also convince Ukrainian legislators that their efforts to adopt national law on this subject may need serious rethinking.

 

Coincheck is among 16 exchanges current operating without an official grant and registration under Japan’s financial regulator, the Financial Services Agency (FSA). Last week, the regulator reportedly set a path to on-site inspections of various cryptocurrency exchanges as a concentrated move to increase scrutiny and force domestic exchanges to adopt better cybersecurity practices. 

 

 

The current high prices of gold are making many Chinese investors hesitant on investing. According to Lee Cheong Gold Dealers chief dealer Ronald Leung, a rise in gold buying may occur if the prices come down to $1,320 or $1,330 per ounce. As of writing, the benchmark spot gold had a 0.3 percent drop, reaching $1,345.22 per ounce. It is also 0.4 percent lower for the week thus far. 

 

 

The world is increasingly aware just how dangerous it is to become widely known as “crypto-wealthy.” Refusing to disclose exactly how much Bitcoin, Ethereum, or Ripple one owns goes a long way.

Bosch is a 131-year-old company, yet it’s on the cutting edge of crypto and IOTA’s tangle-style platform. Clearly, the firm desires to go deeper into data rather than stick to its old business model and profit from hardware.

 

Sergey Medvedev allegedly was an administrator for the Dark Web site Infraud - whose slogan was “In Fraud We Trust” - that dealt primarily in the sale of stolen credit cards and identities and illegally obtained government documents…Infraud was purportedly founded by Ukrainian national Svyatoslav Bondarek in 2010. Bondarek disappeared from online activity in 2015, which is when Medvedev reportedly took control over Infraud.

The Financial Supervisory Service had recently inspected the top six South Korean banks due to their involvement in virtual currency bank transfers. The Korean Customs Service similarly reported $600 million had been found lurking in Korean exchanges with illicit links to organized crime.

Analyst: “…we expect IMC to enjoy strong bottom line results for 2017 and first half 2018. And we remain bullish on its stock, which still has solid potential for mid-term growth.”

 

 

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