US: Square’s Cash App Expands Bitcoin Trading to All 50 States

US: Square’s Cash App Expands Bitcoin Trading to All 50 States

Mobile payment company Square’s Cash App has rolled out Bitcoin trading for all U.S. users. Mobile payment company Square's Cash App has recently rolled out Bitcoin (BTC) trading in all 50 states, the firm confirmed in a Tweet August 13. According to the company’s announcement, Cash App users are now able to conduct Bitcoin buy…

South Korean Ministry Drops Cryptocurrency Exchanges From Venture Enterprise Classification

South Korean Ministry Drops Cryptocurrency Exchanges From Venture Enterprise Classification

Cryptocurrency exchanges will not fall under venture enterprise legislation, making them similar to bars and nightclubs, the South Korean government says. The government of South Korea announced it had excluded cryptocurrency exchanges from legislation governing venture businesses in a press release issued Monday, August 13. The brief document from the country’s Ministry of Small and…

Jamaica Stock Exchange Plans to Offer Cryptocurrency Trading

Jamaica Stock Exchange Plans to Offer Cryptocurrency Trading

The Jamaica Stock Exchange (JSE) has announced it plans to allow investors the ability to trade cryptocurrencies through the regulated stock exchange. According to the JSE, the Canadian-based Blockstation will help facilitate the crypto-trading services. Also read: Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume Jamaica Stock Exchange Plans to Facilitate Crypto-Asset Trades in…

ICO Regulations Round-Up: Fundraising Law, Jeju Island, Self-Directed IRAs

ICO Regulations Round-Up: Fundraising Law, Jeju Island, Self-Directed IRAs

In recent news pertaining to initial coin offerings (ICO) regulations, an EU report has advocated the regulation of ICOs according to crowdfunding legislation, the governor of Korea’s Jeju Island wants his jurisdiction to become a special economic zone regarding cryptocurrencies and blockchain, and the U.S. SEC has warned consumers regarding the risks of self-directed Individual…

Maduro Mandates Venezuela’s Petro to Become Second National Currency

Facing hyperinflation as well as international sanctions that have brought Venezuela to its knees, controversial President Nicolás Maduro has mandated that his recently-developed Petro cryptocurrency become the nation’s second official currency. Maduro Adopts the Petro as Venezuela’s Second National Currency The news was announced by Maduro in a televised address today, and will officially be in place by August 20,…

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