Puerto Rico is becoming a hot destination for cryptocurrency and blockchain industry. Low tax rates and other tax incentives such as Act 20/22 have been attracting investors from all over the world. I have been to Puerto Rico for over 24 times, simply love it. I was there speaking at the Puerto Rico Investment Summit… Continue reading CoinAgenda announces digital currency investors conference in Puerto Rico
It began like this: officials from the People's Bank of China stepped into the offices of the largest crypto exchanges in the country and sat down with their executives. From the financial regulator's Shanghai and Beijing bureaus, the officials told the exchanges they were interested in identifying whether anti-money laundering and capital control mandates were being met. But according to Robin Zhu, chief operating officer at Huobi, the regulators had an ulterior motive that January day. "The regulator wanted to grab a big picture of how significant cryptocurrency trading was in China - how does bitcoin work; where does the money come from; where does it go to; how do people make and lose money?" Zhu said.
(Source: XinHua) Investment in cryptocurrencies is highly risky, with nearly half of initial coin offerings (ICOs) failed last year, a study showed. In contrast to initial public offerings where investors gain shares in the ownership of a company, an ICO is a controversial means of crowdfunding centered around cryptocurrencies. For some startup companies, ICOs are… Continue reading Nearly half of cryptocurrency investment fails last year
(Source: Aljazeera) Taiwanese police have arrested four men over a bitcoin robbery worth five million Taiwanese dollars ($170,000) in what the police said is the first case of its kind on the island. Bitcoin is a virtual currency created from computer code that allows anonymous transactions and its value has soared since it came into… Continue reading First bitcoin robbery in Taiwan leads to four arrests
(Source: Shanghai Daily) Some of the biggest electronics bazaars in Asia are being flooded with customers looking for the latest piece of technology: cryptocurrency mining rigs. Scores of miners from around the world are traveling to places like Hong Kong's Sham Shui Po to buy the rigs, which the shops' hardware geeks expertly build behind… Continue reading Computer shops embrace lucrative business: outfitting cryptocurrency miners
The 2018 Tokensky Blockchain Conference will be the largest token economic and blockchain industry conference in South Korea March 14-15, 2018. It invites more than ten thousand people to get together in Seoul, including top-class economists, scholars, financiers, investors, geeks, industry leaders, programmers, miners, upstream and downstream enterprises in the blockchain industry, exchanges, service providers,… Continue reading 2018 Tokensky Blockchain Conference