Dubai Company Creates Sharia-Compliant Cryptocurrency for the Muslim World
A startup in Dubai called OneGram has created a Bitcoin-style cryptocurrency that ostensibly complies with sharia law, making it an acceptable alternative for devout Muslims.
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Bloomberg: George Soros Is Preparing to Trade Cryptocurrencies
The New York-based Soros Fund Management is preparing to trade cryptocurrencies, according to a report from Bloomberg.
Trump Bans Americans from Buying Venezuelan ‘Petro’ Cryptocurrency
President Donald Trump has banned U.S. citizens from investing in Venezuela’s recently launched state cryptocurrency.
Venezuela to Launch National Cryptocurrency in Coming Weeks
Venezuela’s socialist regime will soon launch its own cryptocurrency in a bid to raise hard currency amid an economic and humanitarian crisis that has brought the government to the brink of collapse.
Texas Boots Cryptocurrency AriseBank for Regulatory Violations
Texas banking regulators booted a so-called cryptocurrency “bank” from operating in the Lone Star State as such, saying the entity violated regulations and mislead people to believe it performed as a traditional financial institution.
New York Woman Charged with Sending Bitcoin to Islamic State Fighters
Zoobia Shahnaz, a 27-year-old resident of Brentwood on Long Island, was charged with bank fraud and money laundering in a grand jury indictment unsealed on Thursday. She was arrested at John F. Kennedy International Airport on July 31, allegedly in the process of fleeing to Syria after using the Bitcoin digital currency to send thousands of dollars to Islamic State fighters overseas.
Ethereum’s Vitalik Buterin Deletes Tweets About Legalizing Child Porn
Vitalik Buterin — the co-founder of Ethereum, a digital currency and dapp (decentralized app) development platform — deleted tweets from his verified Twitter account Monday night that seemed to defend the idea of legalizing child pornography.
Report: Showtime Caught Mining Cryptocoins in Viewers’ Browsers
Websites owned by CBS subsidiary Showtime secretly used viewers’ web browsers to mine cryptocurrency over the weekend, according to a report.
China Cracks Down on Bitcoin as Beijing Turns Market Power into Strategic Weapon
The Chinese Communist government views market power as a weapon for achieving geopolitical dominance, so it comes as no surprise that Beijing is cracking down on Bitcoin and other cryptocurrencies, viewing them as an unacceptable dilution of state power over the economy.
Bitcoin was ‘Good as Gold’ in the Brexit
With the Brexit being the worst one-day global financial crash since the Lehman Brothers bankruptcy in 2008, Bitcoin gained a tremendous amount of credibility as a safe haven asset that is “good as gold.”
EU Governing Body Proposes End of Anonymity for Bitcoin
In the purported interest of keeping people safe, the European Commission wants to make us all easier to find. In an announcement released today, the EU’s executive body says it wants to stop the anonymous use of virtual currencies like Bitcoin in order to improve security.
