Buyer of bilion dollar pizza is back, Japan money laundering, Venezuela started presale of their cryptocurrency Petro and more!
Ex-JPMorgan Energy Head: Bitcoin, Cryptocurrency a “True Financial Revolution”
Danny Masters used to direct JPMorgan’s energy trading operations. Now, he’s started Global Adivsors, an investment firm that’s delved deeply into bitcoin and other top cryptocurrencies. Masters is now saying that banks will only continue to be walloped by the “true financial revolution” that is the cryptoverse.
Overstock CEO Puts ‘Millions Of Dollars’ Into Unknown Coin, Compares To Bitcoin
Patrick Byrne, the CEO of Overstock, which was the first major retailer to accept Bitcoin (BTC) back in 2014, has said that he is “not really interested in cryptocurrencies per se,” but revealed a little-known Blockchain project his company has invested “millions of dollars” into in an interview with Business Insider Friday, Feb. 23.
Japan: Only 0.16% Of 2017 Money Laundering Reports Came From Crypto Exchanges
The proportion of suspected money laundering cases involving cryptocurrency in Japan is a fraction of the fiat total for 2017, new data reported by Nikkei Asian Review shows.
Finland: Authorities Unsure How To Store 2,000 Seized Bitcoins After Treasury Guidelines
Authorities in Finland are trying to devise a means to store 2,000 bitcoins confiscated in 2016, following new guidelines from the Treasury published Tuesday, Feb. 20, Bloomberg reported.
Northern Ireland Property Developer To Accept Bitcoin As Payment Option
Hagan Homes, one of Northern Ireland’s biggest residential property developers, will now be accepting Bitcoin (BTC) as a payment method, the Belfast Telegraph reported Feb. 22.
Bitmex: Tether ‘Possibly’ Has Enough Cash Reserves, Could Still Be Shut Down
Bitmex Research released an in-depth report on Tether today, Feb. 19, detailing the reasons why Tether is most likely backed by sufficient fiat reserves after all, and what problems with regulatory bodies Tether will most likely encounter in the future.
Pizza for Lightning: Bitcoin Legend Laszlo Eats Again!
Laszlo Hanyecz, the early bitcoin user who famously made the first “real world” bitcoin purchase of two large pizzas from Jercos Pizzeria in 2010, has repeated the feat eight years later using the Lightning Network payments layer.
Georgia Becomes Latest State to Consider Bitcoin for Tax Payments
Two state senators in Georgia have proposed a bill that would allow citizens to pay their tax obligations in bitcoin, marking the second legislative effort of its kind to emerge this year.
Venezuela began presale for its Petro
This week, Venezuela began the presale for its new cryptocurrency, the petro. The country's government is hoping that the initiative will provide a lifeline for its economy.