crypto

The People’s Bank of China (PBoC), the country’s central bank, has officially banned security token offerings (STO) in a continuation of its restrictive legislation governing digital currencies.  China: STO is ‘Illegal Financial Activity’ In continuation of its crackdown on virtual currencies, China’s central bank has officially halted security token offerings, South China Morning Post reports. Speaking at an internet finance forum in Beijing, Pang Gongsheng, deputyRead More →

crypto

The government in Kiev intends to legalize cryptocurrencies and comprehensively regulate the fintech sector as part of a new public policy developed by the economy ministry. The process may take up to three years to complete but eventually the industry built around virtual assets should become a legitimate part ofRead More →

crypto

A Chinese arbitration court has ruled that “there is no law or regulation that explicitly prohibits parties from holding bitcoin or private transactions in bitcoin.” An arbitration body in China has ruled that cryptocurrencies such as Bitcoin (BTC) are legally protected as property, in a case published Oct. 25 via the arbitrator’sRead More →

shariah

Bitcoin and cryptocurrencies are intriguing because they are different from the traditional financial systems we use today. One particular subject people have pondered is whether or not bitcoin complies with the religious laws that form a part of Islamic tradition — aka known as Shariah Law. This week a financeRead More →