News Bitcoin is an asset, not a currency, Israeli court rules

Israeli court has entered the ring of proving what Bitcoin really is and what it isn’t. On 21st May 2019, a judge in a court in Israel ruled that Bitcoin is not a currency but rather an asset. The case featured the founder of DAV, Noam Copel, who had made a fortune of $2.9 million in selling Bitcoins he had bought in 2011. The ruling puts all Bi...

News Bahamas' Securities Commission to set rules for Token Offerings

The Securities Commission of the Bahamas is pushing for new regulations for the token offering; a move that would make the island a haven for blockchain startups especially those eyeing to offer ICOs. The commission wants tokens that are not categorized as securities regulated. According to the bill proposed by the commission, developers ought t...

News Eyes on SEC Bitcoin ETFs ruling on 21st May

Investors are holding tight to the current bullish trend in the cryptocurrency markets with anticipation that the much awaited US Security and Exchange Commission (SEC) ruling on Bitwise’s and VanEck’s Bitcoin Exchange-Traded Funds (ETFs). The ruling has been postponed a number of times but the deadline for the ruling has now approached. The dea...