US Gov’t Sanctions First Bitcoin Addresses

November 29th, 2018

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has taken action against two Iranian ransomware “facilitators.” The actions include publishing the perp’s cryptocurrency wallet addresses, and warning the cryptocurrency and financial communities that anyone transacting with the accused could be subject to secondary sanctions. Involvement in the SamSam Ransomware Attacks The OFAC stated that the…

Ohio ‘Plants a Flag’ For Bitcoin Adoption, Accepting BTC for Taxes

November 26th, 2018

In what could be a further critical sign of cryptocurrency adoption in the U.S, businesses in Ohio will shortly be able to pay their taxes online using Bitcoin. The progression will be rolled out to personal taxpayers at some point in the future. ‘Planting a Flag’ for Bitcoin Adoption in Ohio State Treasurer Josh Mandel…

Hong Kong Regulation Set to Benefit Custody Company InVault

November 25th, 2018

Cryptocurrency custody services company InVault, from Shanghai, has launched in Hong Kong just in time to take advantage of the special administrative region’s new rules for cryptocurrency exchanges and asset managers.  At the start of Nov 2018, Hong Kong’s Securities and Futures Commission (SFC) issued guidance on the regulatory standards expected of cryptocurrency exchanges, platform…