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Switzerland and Singapore the go-to places for ICO start-ups

The rise of cryptocurrencies, in the last few years, has been truly meteoric. Initially, both the speed at which the new market emerged and grew and the unfamiliar nature of the methods by which it functioned took regulators and national governments by surprise. Over the last year, however, there has been a noticeable trend towards tighter regulation - noticeably in the area of ICOs - and governments such as those in China and South Korea have banned the sale of digital coins entirely. While certain countries and international jurisdictions have long been regarded as more 'crypto-friendly' than others, many of...

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Angola has inflation of 25%, what if they bought Bitcoin?

Angola in southern Africa is currently struggling with high inflation levels of 25%. This has led to the Angolan Kwanza losing value rapidly, posing a big risk to the country's economy. High levels of inflation such as those Angola is currently facing not only damages the economy in general but makes life very hard for ordinary citizens. With the wages each Angolan takes home shrinking in real terms, it's becoming harder for working people to provide for their families. Could Bitcoin provide an answer? While there has been some negative press around cryptocurrencies from the established banking system, Bitcoin and...

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WARNING The IRS to tax Millions of Bitcoin Trades

To all US bitcoin traders you are now in the sights of the internal revenue service for not complying to report your trading gains. The IRS have decided that a share of up to $150 billion of bitcoin trades should go to the lovely US treasury, and is now taken steps to make this happen. All the IRS is waiting for, is a judge from San Francisco judge to grant an order that will allow an audit of one of the largest US cryptocurrency exchanges “Coinbase Inc”. The ruling will open the door for the IRS to investigate files of...

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Billionaire Ken Griffin Sees Signs of Bitcoin Bubble

The hedge fund CEO and founder of Citadel today spoke with CNBC and announced that he sees signs of the bitcoin bubble happening. Speaking to CNBC he says: "Bitcoin right now has many of the elements of the tulip bulb mania we saw back hundreds of years ago in Holland," he said in an interview on financial news channel CNBC. “I think what is happening is people confuse bitcoin with blockchain." "I get very worried that people that are buying bitcoins don't really understand what they're participating in other than the headline stories that it keeps going higher and 'I...

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Amazing Things Happening with Bitcoin, fancy A full set of Retro Games. Just 1.6 Bitcoins!

I like to browse the local ads for retro gaming items. It just takes me back to fond memories of Jet Set Willy on the Zx Spectrum with its sexy rubber keys or maybe you are more of a Resident Evil fan on the PS1. That moment the dog jump through the mirror, I literally soiled my pants. As I was looking through the ads there was one ad in particular that caught my eye. A full set of PS2 games, 2500 in total. This made me look and to my surprise they were asking for payment in Bitcoins. This...

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