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Tag Archives: Cryptocurrency

Good Day for Cryptocurrencies

Bitcoin Stock Photo

Bitcoin and Ether, the two biggest digital coins, spiked in early afternoon trading as positive news for the sector continues. Square Inc. said earlier Monday that New York granted the company a virtual-currency license, letting customers in the state buy and sell Bitcoin, which has lost more than half its value this …

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Facebook May Create Its Own Cryptocurrency

Facebook Phone Screen

Facebook may be considering creating its own cryptocurrency, allowing its billions of worldwide users to make electronic payments with the digital coin, the TV news network Cheddar reported Friday. Facebook started studying blockchain last year, and said publicly this week that it is looking for ways to use the blockchain …

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Schneiderman Asking Questions of Cryptocurrency Companies

Bitcoin Stock Photo

New York Attorney General Eric Schneiderman is asking for some information from cryptocurrency providers as part of what is office calls a fact-finding inquiry aimed at protecting consumers. Schneiderman’s office sent questionnaires to thirteen virtual currency trading platforms requesting information on operations, internal controls, and safeguards to protect customer assets, …

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Twitter to Ban Cryptocurrency ICO Ads

Bitcoin Stock Photo

Twitter will join other major online media companies in banning advertisements for initial coin offerings for cryptocurrencies, Reuters reported Monday. Initial coin offerings are unregulated ways for companies or entrepreneurs to raise money for a new project, similar to an initial public offering, except the people running the ICO offer …

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Twitter to Prohibit Most Crytopcurrency Ads

Phone With Twitter Open

Twitter is preparing to prohibit a range of cryptocurrency ads amid looming regulatory intervention in the sector Alexander J. Martin | Sky News The microblogging platform is following similar moves by Facebook and Google which have restricted financial advertisements due to concerns about illicit activities. Sky News understands that the …

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