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| October 18, 2018

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When to keep a mortgage into retirement years and reasons you might want to pay it off

October 14, 2018 |

Dear Liz: My husband and I have no debt other than the mortgage on our home. My husband will retire in three years while I will continue to work. (I will have to pay for healthcare at that time, as I currently receive my benefits through his employer.) My husband insists that we pay our mortgage…


L.A. Times – Business

Prosecutors Want Fyre Fest Promoter To Get Prison

October 4, 2018 |

Prosecutors urged a judge Wednesday to sentence the promoter of a botched, highly publicized music festival in the Bahamas to over 15 years in prison, the AP reports. In a written filing in Manhattan federal court, prosecutors said Billy McFarland was “far more interested in the fame and notoriety generated…
Newser

TMZ

Justin Bieber & Hailey Baldwin Want God To Make Their Marriage Official

October 3, 2018 |

Justin Bieber and Hailey Baldwin might be married under the eyes of the law — but they don’t think they’ll truly be until they proclaim it under the eyes of God. Our Bieber/Baldwin sources tell us Justin and Hailey don’t consider themselves…

TMZ.com

Regulations Roundup: Industry Leaders Want Clarity, Alliance Capitals Earns FINMA Warning

October 1, 2018 |

Regulations Roundup: Industry Leaders Want Clarity, Alliance Capitals Earns FINMA Warning

In recent news pertaining to cryptocurrency regulations, industry leaders have urged U.S. lawmakers to provide regulatory clarity or risk a crypto firm exodus, a Greek representative to the European Parliament has advocated for a lightweight cryptocurrency apparatus to avoid stifling innovation across the distributed ledger technologies industries, and the Swiss Financial Market Supervisory Authority has issued a warning regarding purported cryptocurrency company, Alliance Capitals.

Also Read: North Dakota Issues Orders Against Bitconnect, Magma, Pension Rewards

Industry Leaders Warn U.S. Lawmakers to Provide Clarity or Risk Crypto Exodus

Regulations Roundup: Industry Leaders Want Clarity, Alliance Capitals Earns FINMA WarningAt a recent regulatory round-table held at Capitol Hill and hosted by congressman Warren Davidson, a number of cryptocurrency industry leaders warned lawmakers that a continued lack of regulatory clarity could lead to an exodus of firms seeking clear legislative guidelines in other jurisdictions.

Kraken co-founder and CEO Jesse Powell emphasized the disadvantaged position U.S.-based cryptocurrency firms and investors are in as a result of the current regulatory ambiguity, stating “Foreign companies are able to outraise their U.S. competitors and often whoever raises the most money is who wins. Not only are U.S. companies not able to raise enough to compete globally, U.S. investors are not able to invest in these global companies.”

Joyce Lai, a lawyer for Consensys, stated: “The competition around the world is real. But there is still time and opportunity for the U.S. to be a leader here.”

Congressman Davidson echoed the call for regulators to work toward providing clarity as quickly as possible, stating: “Legitimate players in the industry have a desire for some sort of certainty so we can prevent and prosecute fraud. I’m confident we can move forward and make this a flourishing market in the U.S. It’s an imperative for us to do, we did it well with the internet.”

Eva Kaili Advocates Minimal Regulation for DLT Industries

Regulations Roundup: Industry Leaders Want Clarity, Alliance Capitals Earns FINMA WarningEva Kaili, a member of the European Council representing the Greek Panhellenic Socialist Movement, recently argued in favor of light regulation of the distributed ledger (DLT) industries at last week’s Concordia Summit in New York.

Mrs. Kaili insisted that regulations are a barrier to the speed of innovation that the DLT industries are capable of producing, stating: “One thing that we have in the E.U. and the U.K. — we have too many regulations that can at least delay the innovation. In blockchain, we tend to move very fast.”

“If it’s a fraud, it’s a fraud. If it’s not a fraud but it’s not following the rules, we gotta change the rules […] we don’t have an excuse not to explore the opportunities this technology gives us to solve global problems,” she added.

FINMA Issues Public Warning Regarding Alliance Capitals

Switzerland’s financial regulatory body, the Swiss Financial Market Supervisory Authority (FINMA), has added Alliance Capitals, a firm purporting to offer a number of cryptocurrency services, to its warning list of “companies and individuals who may be carrying out unauthorized services and are not supervised by FINMA.”

Despite claiming to offer a trading platform, binary options, a venture investment fund focused on initial coin offerings, and a mining investment scheme, the services offered are hosted on third-party websites that prompt malicious content warnings.

Do you think that U.S. regulators will soon act to provide clear legislative guidelines for the cryptocurrency and DLT industries? Share your thoughts in the comments section below!


Images courtesy of Shutterstock, Wikipedia, finma.ch,


At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

The post Regulations Roundup: Industry Leaders Want Clarity, Alliance Capitals Earns FINMA Warning appeared first on Bitcoin News.

Bitcoin News

TMZ

KSI Says Logan Paul is ‘Delusional’ to Want UFC Fight, ‘He’s Gonna Get F*cked’

September 26, 2018 |

KSI says Logan Paul would be out of his damn mind to try and land a real UFC fight … telling TMZ Sports the YouTube superstar would “get f*cked” in the Octagon. We spoke with KSI — who fought Logan in a YouTube superfight last month (which ended…

TMZ.com

Surveys: 1 in 4 Millennials Want to Invest in Crypto, 3% of China Already Has

September 25, 2018 |

Survey Round-Up: 3% of China Has Invested in Crypto, 1 in 4 Millennials Want to

In recent cryptocurrency surveys, a poll of 100,000 Chinese citizens has found that 3% have invested in cryptocurrencies, and a survey conducted by Circle has found that a quarter of millennials would like to invest in crypto assets in the next 12 months. In addition, a survey by UK-based Rathbone Investment Management has found that Londoners are more than twice as bullish on crypto as the rest of their UK counterparts.

Also Read: Markets Update: Cryptocurrencies Dip Again Forming Consolidated SupportM

3% of Chinese Citizens Have Invested in Crypto

Wu Xiaobo Channel has published the findings of a recent survey of 100,000 Chinese that shows 3% of Chinese citizens to have invested in cryptocurrencies. The survey also notes that half of Chinese cryptocurrency investors have allocated more than 10% of their household wealth in crypto assets.

The survey also found 3% of respondents purporting to be from China’s middle-class have made investments in cryptocurrencies – despite the demographic being profiled as financially conservative with regards to investments.

Circle Finds One in Four Millennials Want to Buy Crypto in Next 12 months

Survey Round-Up: 3% of China Has Invested in Crypto, 1 in 4 Millennials Want toA survey conducted by Circle has found that 25% of millennials would like to make investments in crypto assets in the next 12 months. By contrast, 10% of Gen X-ers, and 2% of boomers expressed an interest in purchasing crypto in the next year.

Of all respondents, the survey found men to be twice as bullish on crypto as women, with 17% of males and 8% of females expressing an interesting in purchasing cryptocurrencies in the next 12 months.

Londoners Twice as Likely to Invest in Crypto as Other UK Citizens

Survey Round-Up: 3% of China Has Invested in Crypto, 1 in 4 Millennials Want toA study conducted by Rathbone Investment Management has found that 13% of UK citizens plan to invest in cryptocurrencies in the near future.

The study also found that Londoners are more than twice as bullish on cryptocurrency than other UK residents to express an interest in speculating on virtual currencies soon, with 30% confessing to eyeing the cryptocurrency markets.

Robert Hughes-Penney, investment director at Rathbone, stated: “Lucrative returns made by the early adopters of bitcoin and other cryptocurrencies have been widely publicized. These early investors have been followed by others looking to make similar gains. These figures suggest there are a number of investors in London with shorter investment goals who have been more susceptible to the so-called bitcoin craze, while outside of the capital investors have mostly stayed clear of what is a high-risk asset class.”

Why do you think men are more likely to invest in crypto than women? Share your thoughts in the comments section below!


Images courtesy of Shutterstock


At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

The post Surveys: 1 in 4 Millennials Want to Invest in Crypto, 3% of China Already Has appeared first on Bitcoin News.

Bitcoin News

TMZ

Bill Cosby’s Prosecutors Want Him Immediately Locked Up Monday After Sentencing

September 22, 2018 |

Bill Cosby better enjoy what little freedom he’s got left, ’cause prosecutors in his sexual assault case want him locked behind bars Monday morning. Authorities connected to the case tell TMZ … prosecutors will push for the disgraced…

TMZ.com

CNN

A leading nation for women politicians. Until they want to lead

August 28, 2018 |

Rwanda is a world leader for women in politics, but no woman has managed to become President and the last one who tried is now in jail.
CNN.com – RSS Channel – World

CNN

What these Rohingya refugees want you to know

August 25, 2018 |

One year after they were forced to flee their homes, Rohingya refugees add their voices to a new database of genocide testimonies.
CNN.com – RSS Channel – World

Farmers Want Volkswagen To Stop Using ‘Hail Cannons’

August 24, 2018 |

Volkswagen is facing new accusations. But they have nothing to do with cheating on emissions tests . Instead, farmers in Mexico are accusing the carmaker of causing a drought. Volkswagen uses so-called hail cannons to protect newly manufactured cars parked outside at its Puebla factory. The cannons shoot sonic booms into…
Newser