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It’s stupid to buy Bitcoin from tobacco stores, says French regulator

Nov26
by on November 26, 2018 at 2:07 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


The central bank of France and its local financial markets regulator, Autorité des marchés financiers (AMF), are not particularly fond of the prospect of having thousands of tobacco stores sell Bitcoin and Ethereum coupons to citizens. The government agency has issued a notice to warn citizens against buying cryptocurrency coupons, reminding them that cryptocurrencies are often unregulated and, generally, not well-suited for uninformed investors. “[In light of recent announcements to offer cryptocurrency coupons in tobacco stores,] the AMF, the Bank of France, and the French Prudential Supervision and Resolution Authority warn that the acts of purchasing, selling, and investing in Bitcoin are currently…

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a couple of laughzillas on a blue diamond background

It’s stupid to buy Bitcoin from tobacco stores, says French regulator

Nov26
by on November 26, 2018 at 2:07 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


The central bank of France and its local financial markets regulator, Autorité des marchés financiers (AMF), are not particularly fond of the prospect of having thousands of tobacco stores sell Bitcoin and Ethereum coupons to citizens. The government agency has issued a notice to warn citizens against buying cryptocurrency coupons, reminding them that cryptocurrencies are often unregulated and, generally, not well-suited for uninformed investors. “[In light of recent announcements to offer cryptocurrency coupons in tobacco stores,] the AMF, the Bank of France, and the French Prudential Supervision and Resolution Authority warn that the acts of purchasing, selling, and investing in Bitcoin are currently…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

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Cryptocurrencies issued in Malaysia must go through central bank

Nov26
by on November 26, 2018 at 1:16 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


If you thought cryptocurrencies could be kept away from the watchful eyes of banks and governments, think again. Malaysian Finance Minister, Lim Guan Eng, said that all cryptocurrencies must go through Bank Negara Malaysia, the country’s central bank, before being issued to the public, reports the New Straits Times. “I advise all parties wishing to introduce Bitcoin (style) cryptocurrency to refer first to Bank Negara Malaysia as it is the authority that will issue the decision on financial mechanism,” said Lim Guan Eng, during parliamentary questioning. The country is remaining open to cryptocurrencies, but for the most part, it sounds…

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China may have made the world’s first designer babies despite the risks

Nov26
by on November 26, 2018 at 12:11 pm
Posted In: Around the Web


A researcher in China’s Southern University of Science and Technology in Shenzhen, has claimed that he has created the world’s first gene-edited designer babies. The claim comes as a surprise, as the ethics and safety of this particular form of gene editing are still under debate. According to medical documents published earlier this month, a team led by Jiankui He had been recruiting couples to create the world’s first gene-edited babies with increased resilience to HIV. Claims made about the experimental procedure Using the relatively cheap and easily applicable gene-editing technique called CRISPR/Cas9, the team planned to eliminate the CCR5…

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Regulators are hunting dodgy cryptocurrency firms on UK’s Wall Street

Nov26
by on November 26, 2018 at 11:09 am
Posted In: Around the Web, cryptocurrency, Hard Fork


It’s not just US regulators intent on cleaning up the blockchain industry. In the UK, financial regulators are closing in on more dodgy cryptocurrency businesses than ever before. In fact, since May, the UK’s Financial Conduct Authority (FCA) has lodged 26 inquiries with firms it suspected to be operating within financial services sector without permission, reports the Telegraph. Freedom of Information requests revealed the number of FCA investigations into cryptocurrency businesses has doubled this year, already reaching 50. Industry insiders are doing their part as well – whistleblowers from blockchain firms have made themselves heard for the first time in years.…

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