Data breaches are nightmares. But blockchain may offer a solution. The financial aftermath can cost a company an average of $3.86 million, a 6% jump year over year. A 2018 Cost of Data Breach study found the average cost of a lost record is $148. That’s a 4.8% year over year increase. Globally, U.S. companies … Continue reading “Blockchain: The Solution to Protecting the Healthcare Industry”
Regulations
Cryptocurrency Markets see Momentum, as SEC Promises Review
Author Ian CooperPosted on Categories Bitcoin, Business, Cryptocurrency, ETF, Law, RegulationsLeave a comment on Cryptocurrency Markets see Momentum, as SEC Promises ReviewAll may not be lost for cryptocurrency ETFs. Sure, the US SEC may have jolted the market with more delays But that was to be expected. Remember, the U.S. SEC can’t just approve the cryptocurrency ETFs because they feel like it. Or because traders are begging and pleading for it. The government agency has to … Continue reading “Cryptocurrency Markets see Momentum, as SEC Promises Review”
Why the US SEC Predictably Denied 9 Bitcoin ETFs
Author Ian CooperPosted on Categories Bitcoin, Business, Cryptocurrency, ETF, News, RegulationsLeave a comment on Why the US SEC Predictably Denied 9 Bitcoin ETFsCryptocurrencies are under pressure thanks to the U.S. SEC denial of nine Bitcoin ETFs. It rejected two ETFs by ProShares that would track Bitcoin future contracts. It denied five inversed and leveraged ETFs from Direxion. And it denied one from GraniteShares. The news comes as no surprise The US SEC cited failure to prevent manipulation and … Continue reading “Why the US SEC Predictably Denied 9 Bitcoin ETFs”
Norway Attempts To Tax BTC Profits and Fails
Author David CrowderPosted on Categories Bitcoin, Business, Cryptocurrency, RegulationsLeave a comment on Norway Attempts To Tax BTC Profits and FailsNorway is one of many countries around Europe and the world in general wrestling with taxes owed by cryptocurrency miners. There are several significant BTC mining operations in the Scandinavian nation. Norway is concerned that they are not paying their fair share of the national tax burden. The two miners in question are Roy Arne … Continue reading “Norway Attempts To Tax BTC Profits and Fails”
You Can’t Hide Online Anymore with Blockchain
Author Ian CooperPosted on Categories Blockchain, Business, General, News, RegulationsLeave a comment on You Can’t Hide Online Anymore with BlockchainWith blockchain technology, you can’t hide online anymore. If it’s on the Internet, it must be true.One of the best places to manipulate opinion is online. There’s no way to verify if it’s real, or if it was planted by a business to drum up business. All I need to do is create a unique identity … Continue reading “You Can’t Hide Online Anymore with Blockchain”
U.S. Cryptocurrency Exchanges One Step Closer to Self-Regulation
Author David CrowderPosted on Categories Bitcoin, Business, Crypto Exchanges, Cryptocurrency, ETF, RegulationsLeave a comment on U.S. Cryptocurrency Exchanges One Step Closer to Self-RegulationU.S. cryptocurrency exchange Gemini is holding a workshop on industry self-regulation. If everything works as intended, a new Self-regulation Organization (SRO) will be formed by September 2018. Which exchanges are joining? The Virtual Commodity Association (VCA) says the first set of participants will include crypto exchanges that serve U.S. customers. These will include bitFlyer USA, Bitstamp, … Continue reading “U.S. Cryptocurrency Exchanges One Step Closer to Self-Regulation”
South African Tax Authority Not Sparing Crypto Traders
Author Jeff McGavinPosted on Categories Banking, Bitcoin, Cryptocurrency, Law, RegulationsLeave a comment on South African Tax Authority Not Sparing Crypto TradersGovernments don’t play games when it comes to tax. The South African government is going to full lengths to make sure cryptocurrency traders pay every tax permissible under law. A Tax Agency at Work According to Commissioner, Mark Kingon, the agency is exploring ways to better identify those that are profiting from digital assets. They … Continue reading “South African Tax Authority Not Sparing Crypto Traders”
XRP Will Target China Aggressively With Blockchain Payment Tech
Author David CrowderPosted on Categories Altcoin, Bitcoin, Blockchain, Business, Cryptocurrency, ICO, News, Regulations1 Comment on XRP Will Target China Aggressively With Blockchain Payment TechEven as this has been a challenging week for altcoins, some of them still impress the cryptocurrency following. Ripple has announced that it is “definitely” going to be targeting China with its blockchain-based payments technology. Jeremy Light is the Vice President for EU Strategic Accounts at Ripple. In his wide-ranging interview with CNBC, he shared … Continue reading “XRP Will Target China Aggressively With Blockchain Payment Tech”
India could Approve Cryptocurrencies by September 2018
Author Ian CooperPosted on Categories Bitcoin, Cryptocurrency, Law, News, RegulationsLeave a comment on India could Approve Cryptocurrencies by September 2018Even as the naysayers have called for its demise, the cryptocurrency market has made significant breakthroughs. In fact, its undeniable success, despite hiccups, means governments and investors can no longer ignore or prevent its existence. Big brands can’t afford to lack involvement. Financial institutions now have a fear of missing out. The global acceptance of … Continue reading “India could Approve Cryptocurrencies by September 2018”
