Tim Swanson is the director of research at Post Oak Labs, a U.S.-based technology advisory firm, and the former director of research at distributed ledger technology consortium R3.  The following article is an exclusive contribution to CoinDesk's 2017 in Review series. Imagine a parallel universe in which the U.S. economy could only...
A South Korean law firm has reportedly filed a constitutional appeal over upcoming regulations restricting digital currency trading. Seoul-based Anguk Law Offices filed the appeal on Saturday through the Constitutional Court's online appeal system, stating that the government's new regulations on digital currency trading without legal laws to support them is a...
Despite decent gains today, bitcoin cash prices could take a hit in the short-term, the technical charts suggest. As per data source OnChainFX, bitcoin cash (BCH) has appreciated 9 percent in the last 24 hours. The cryptocurrency is strongly bid above $2,700, yet is still down 35 percent from...
Giga Watt, a startup that held an initial coin offering (ICO) to raise money to build a cryptocurrency mining facility, is being sued for allegedly conducting an unregistered securities offering. The complaint was filed by a group of plaintiffs that contributed more than $20 million in cryptocurrency – with...
Bitcoin should be regulated and even taxed, according to a European Central Bank (ECB) governing council member. Ewald Nowotny, head of the Oesterreichische Nationalbank, Austria's central bank, said in an interview with German paper Sueddeutsche Zeitung that anyone who participates in a financial transaction should be clearly identified, on top...
RSK is launching its bitcoin smart contracts platform in beta today. Formerly known as Rootstock, the startup has long been lauded for its potential to pave the way for the implementation of ethereum-style smart contracts on bitcoin, something enthusiasts believe will keep the world's largest cryptocurrency competitive with the platform...
The Financial Industry Regulatory Authority (FINRA), a self-regulatory organization (SRO) in the U.S., has issued a new warning about cryptocurrency-related stock fraud. In a new post on its website, FINRA urged investors to do their homework when it comes to public companies that tout their activities involving blockchain or...
New cryptocurrency laws are expected to be introduced for official consideration to the Russia's national legislature on Dec. 28, according to a senior government official. Russian media sources RIA and TASS cited comments from lawmaker Anatoly Aksakov, who chairs the State Duma's financial markets committee, that the new rules – which...
Each of the top 20 cryptocurrencies by market capitalization hit an all-time price high in the past four days, according to market data. Data site OnChainFX reports that those cryptocurrencies saw price highs this week, including several – such as XRP, zcash and NEM – that occurred in the past day. At...
Regulators in Texas have obtained an emergency cease-and-desist order against a company they say is unlawfully pitching bitcoin mining investment plans in the state. In a statement yesterday, the Texas State Securities Board revealed that it had taken action against USI-Tech Limited, a firm based in Dubai. The firm has...