Human-Trafficking Expert Urges US Congress to Regulate Crypto Miners

Cryptocurrencies are helping to facilitate human trafficking, and thus should be regulated far more heavily than at present, an expert witness will tell a U.S. Senate subcommittee today. In written testimony, David Murray, vice president for product development and services at Financial Integrity Network, recommended that Congress create a new class of regulated financial institutions known as “virtual asset transaction validators,”...

PwC Luxembourg to Start Accepting Bitcoin from October 2019: Official

PwC Luxembourg, a subsidiary of the world’s second largest professional services firm, will start accepting Bitcoin (BTC) payments starting Oct. 1 2019.“Bitcoin cannot be compromised”The Luxembourg branch of the Big Four auditing firm announced the initiative in an official press release on Sept. 2, claiming that the move shows the firm’s commitment to comply with the needs of clients as well...

HTC, Alibaba Join $3M Investment in Blockchain Property Rights Startup

Taiwanese blockchain digital property rights startup Bitmark has secured $3 million in a funding round led by Taiwan’s electronics giant HTC.Specializing in securing digital property rights through blockchain technology, Bitmark will use the investment to expand its sales and marketing efforts, according to a press release published on Sept. 3.Other investors include Alibaba, DCG and WI HarperThe recent series A funding...

Bitcoin Price Now Eyes $11K as Historical Data Metric Flips Bullish

Bitcoin (BTC) price was targeting $10,500 on Sept. 3 as the latest renaissance for the largest cryptocurrency saw it deliver surprise gains. Market visualization. Source: Coin360Bitcoin price reverses losses to challenge $10.5KData from Coin360 tracked BTC/USD as it rose 6.2% in 24 hours beginning Monday night. After trailing around $9,700, the pair suddenly broke higher, smashing resistance at $10,000 to reach local...

Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin

Cryptocurrency enthusiasts and businesses in the industry have had to put up with regulatory uncertainty for quite some time. The strong desire to tap into their incomes and profits goes hand in hand with failure on behalf of authorities and regulators to fully understand the nature of decentralized digital assets. Not to mention how absurd the reluctance to legalize something they...