Remove Bitcoin Remove Capital Remove Management Remove Operations
article thumbnail

U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

article thumbnail

Bitcoin Daily: Nigeria’s Crypto Market Surges; Alleged Crypto Capital Operator Charged With Fraud

PYMNTS

There was such a demand for the classes that Emmanuel Babalola, Binance’s Nigerian business manager, said it’ll hold further classes. Reginald Fowler, “an alleged operator behind payment processor Crypto Capital , was charged with wire fraud” on Friday (Feb.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bitcoin Daily: ShapeShift Crypto Exchange Alleges $900,000 Employee Bitcoin Theft; Line Debuts Blockchain Platform, Digital Wallet Services

PYMNTS

Crypto exchange ShapeShift is suing former engineer Azamat Mukhiddinov for allegedly stealing $900,000 in bitcoin via programs he installed on their servers, CoinDesk reported. The blockchain is secure and the use of RESTful application programming interface (API) can help manage things easily. Executives said on Thursday (Aug.

Bitcoin 153
article thumbnail

Bitcoin Daily: BitBay Will No Longer Support Monero’s XMR; Bitcoin ATMs Coming To More Shopping Malls

PYMNTS

Compliance with market standards and regulations allows us to provide our clients with legal security and convenience of using the exchange, with the participation of a friendly banking system and the availability of payment operators,” BitBay said. Bitcoin is the perfect gift for family and friends this holiday season.

Bitcoin 141
article thumbnail

Bitcoin Daily: Overstock’s tZERO Starts Trading, Coinbase Partners With TurboTax

PYMNTS

Business for bitcoin ATM companies seems to be booming, with Coin ATM Radar estimating that there are now 4,213 cryptocurrency ATM machines around the globe, most only offering bitcoin. And Jorge Farias, CEO of the Panama-based startup Cryptobuyer, is planning to open Venezuela’s first bitcoin ATM in Caracas next month.

Bitcoin 181
article thumbnail

Bitcoin Daily: Korean Commission Suggests Allowing FIs To Offer Crypto; China’s OneConnect Platform Supports New Blockchain Financing Product

PYMNTS

Investors in the venture include TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, Album VC and more. . In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding. ”

Bitcoin 132
article thumbnail

Bitcoin Tracker: A Bitcoin In Spring

PYMNTS

A beacon of hope has emerged for bitcoin just in time for spring — and it’s brought up prices with it. In a major move toward bitcoin legitimacy, Japan recognized bitcoin as a legal payment method on April 1. At the time of writing, one bitcoin was worth $1,176.70, up $42.82 And no, it wasn’t an April Fool’s joke.).

Bitcoin 103