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SEO bans Bitcoin trade by brokerages 25 Dec 2017

SEO bans Bitcoin trade by brokerages

TEHRAN – Head of Iran’s Securities and Exchange Organization (SEO) Shapour Mohammadi said trading Bitcoin in the country’s brokerages is illegal, Shada reported on Sunday. “The Securities and Exchange Organization is reviewing Bitcoin’s status for entering the country’s economy and has not yet reached a conclusion, so if any brokerage buys or sells the cryptocurrency, […]

‘Virtual gold’ may glitter, but mining it can be really dirty 24 Dec 2017

‘Virtual gold’ may glitter, but mining it can be really dirty

As the poster child for the growing ranks of computer-generated currencies, bitcoin’s recent stratospheric price rises have propelled it from the chat forum-hosted depths of nerddom into the global consciousness. As it rose from under $1,000 to over $19,500 at one point this year, hordes of tech-savvy punters have rushed in to buy, while any […]

UK watchdog to take closer look at initial coin offerings 21 Dec 2017

UK watchdog to take closer look at initial coin offerings

Britain’s markets watchdog will step up its scrutiny of the initial coin offering (ICO) market to see if new rules are needed to protect investors after issuing an alert in September. Start-ups have begun issuing new digital currencies via ICOs and the market has raised about 3.7 billion pounds this year according to an industry […]

Asian markets jump as US tax cuts move step closer 18 Dec 2017

Asian markets jump as US tax cuts move step closer

Asian markets rallied on Monday, tracking fresh records on Wall Street, while the dollar held gains as Donald Trump’s much-hyped tax cuts moved a step closer to being passed. The controversial reforms look destined to become the US president’s first major congressional victory as two key Republican holdouts in the Senate decided to back the […]

Bitcoin in Iran awaiting CBI decision 09 Dec 2017

Bitcoin in Iran awaiting CBI decision

Bitcoin, the digital currency that has dominated headlines in recent weeks, continued its march higher as it broke for the first time ever above $17,000 on Thursday. Despite queries over its real value and worries about its dangerous bubble, the cryptocurrency has drawn attention of many people in the business community as the fastest growing […]

Bubble or brave new world? Bitcoin breaks $10,000 barrier 29 Nov 2017

Bubble or brave new world? Bitcoin breaks $10,000 barrier

Bitcoin broke through the $10,000 barrier for the first time on Wednesday as it continues a stratospheric rise that has delighted investors but sparked fears of a bubble. The virtual currency hit a high of $10,379 in Asia, according to Bloomberg News, more than 10 times higher than its value at the start of the […]

Iran contemplating fighting US with Bitcoin 07 Nov 2017

Iran contemplating fighting US with Bitcoin

Iran toiled for years to reach a deal with world powers to rid itself of harsh economic sanctions. The talks, which were current in the early 2000s but halted during the Ahmadinejad administration (2005-2013) were resumed by President Hassan Rouhani in 2013 to bear fruit in 2015. According to Trend news, The hopes of Iranians […]