SEC Approves Plan to Issue Stock Via Bitcoin’s Blockchain

<br /> The Securities and Exchange Commission has approved a plan from online retailer Overstock to issue company stock via the Internet, signaling a significant shift in the way financial securities will be distributed and traded in the years to come.<br /> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhClWwbbXJtkvpvc7mnhJdKfiWd3TJtKc2jYiAeW5IDgh1OS1GuQ-SFaHMGXTHoYyK1FbrtrE0gD0VtHsIqodbLzenhg0bKtqCOzpTFhZk_wcsmL3-LX2qf0tb7eMKzH2Xmh_t37F4gbPk/s1600/secseal.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="173" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhClWwbbXJtkvpvc7mnhJdKfiWd3TJtKc2jYiAeW5IDgh1OS1GuQ-SFaHMGXTHoYyK1FbrtrE0gD0VtHsIqodbLzenhg0bKtqCOzpTFhZk_wcsmL3-LX2qf0tb7eMKzH2Xmh_t37F4gbPk/s320/secseal.jpg" width="320" /></a></div> <br /> Over the past year, Overstock and its freethinking CEO, Patrick Byrne, have developed technology for issuing financial securities by way of the <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" target="_blank">blockchain,</a> the vast online ledger underpinning the bitcoin digital currency. The <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" target="_blank">blockchain</a> is essentially an enormous database that runs across a global network of independent computers. With bitcoin, this ledger tracks the exchange of money. But it can also track the exchange of anything else that holds value, including stocks, bonds, and other financial securities. Overstock has already used the<a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" target="_blank"> blockchain</a> to issue private bonds, which did not require explicit regulatory approval. Now, the SEC has told the company it can issue public securities in much the same way.<br /> <br /> Such a system could eliminate the unnecessary middlemen who have traditionally controlled the market.<br /> <br /> Public documents filed by Overstock show that the SEC has approved an amended Form S-3 that would allow the company to issue public securities via <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" target="_blank">blockchain-based technology,</a> and Byrne plans to announce the news this evening at a bitcoin conference in San Diego. <br /> <br /> <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" target="_blank">Cryptocurrency </a>is the future of currency and Bitcoin is pioneering it. If your not yet in <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" target="_blank">Project1-9-90</a> and how its turning people to millionaires in dollars leveraging bitcoin read my article on <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html">http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html</a>

SEC Approves Plan to Issue Stock Via Bitcoin’s Blockchain

The Securities and Exchange Commission has approved a plan from online retailer Overstock to issue company stock via the Internet, signalin...

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Russia Legalises Bitcoin

<b>The Deputy Chairman of the Russian State Duma Committee — the lower house of the Russian legislature — spoke about cryptocurrencies today. The deputy had a few interesting things to say about Russia’s hardline stance on cryptocurrencies in the past and possible future of the legality of Bitcoin in Russia, particularly for settlement with individuals and peer-to-peer transactions.</b><br /> <br /> According to a report by prominent Russian news agency TASS, the deputy chairman spoke broadly about cryptocurrencies and Bitcoin today.<br /> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8xE2ILBHicpz-Bskpvhmq-tAm9cpCHRZJys7Od_9MQKKT07Y7xf73ARopznEdLSacM_Q1VUTDJtGPIaC7TmeEonx6Vs9TH-Xay9IBmjwwnE5-EXWvnpHokqbRojdh_ubOlzW58N9cvsQ/s1600/russia+bitcoin.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="225" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8xE2ILBHicpz-Bskpvhmq-tAm9cpCHRZJys7Od_9MQKKT07Y7xf73ARopznEdLSacM_Q1VUTDJtGPIaC7TmeEonx6Vs9TH-Xay9IBmjwwnE5-EXWvnpHokqbRojdh_ubOlzW58N9cvsQ/s400/russia+bitcoin.jpg" width="400" /></a></div> <br /> <br /> Andrei Lugovoi, the Deputy Chairman of the Russian State Duma Committee for Security and Anti-Corruption claimed that Russia ranked 5th in the world for the number of people trading and using cryptocurrencies.<br /> <br /> Citing expert estimates, Russia has approximately 200,000 users adopting Bitcoin and other cryptocurrencies. The United States ranked first, with 1.2 million users, followed by China at 355,000 users. Germany came in next, at 250,000 users, Lugovoi revealed.<br /> <br /> He made the distinction amongst the naysayers and supporters of cryptocurrencies within Russia, picking out the Central Bank of Russia in particular. Those calling for cryptocurrencies to be banned pointed to the notion of its criminal usage. On the flipside, he also spoke about those who support the technology and the currency of bitcoin itself, calling for the legal regulation of the turnover of virtual currencies.<br /> <br /> According to the publication, Lugovoi stated:<br /> <br />     At the beginning of 2014, the Central bank had indicated its negative attitude towards cryptocurrencies…In summer of the same year, it was announced that the Central Bank was in favour of a careful approach to Bitcoin and saw a serious economic potential [with it].<br /> <br /> The Deputy Chairman then revealed recent events in 2016, that could lead to a promising future for bitcoin in Russia. He added:<br /> <br />     In the beginning of 2016, after a series of meetings with the fiscal authorities and businesses, it was stated that in the future, the Central Bank could begin to legalize and regulate certain transactions with Bitcoin, particularly peer-to-peer transactions and settlements with individuals.<br /> <br /> The revelation could prove to be a significant turn in events for bitcoin adoption in the country. Peer-to-peer transactions and settlements between individuals would make for a marked contrast to when Russian authorities were proposing prison sentences for the ‘criminal’ activity of indulging Bitcoin.<br /> <br /> Russian regulators and ministers have notably taken a notoriously hardline stance against bitcoin adopters in the past. As recently as the beginning of this month in February, the Russian Finance Ministry proposed a 2-year prison sentence for Bitcoin users. January saw European bitcoin-exchange BTC-E’s website blocked by a Russian regulator. The same month also had Russia’s Investigative Committee Chairman state that Bitcoin represents a “real threat to the financial stability” of Russia. He also added that it would be better to prevent the spread of the cryptocurrency in its initial phase (present times) before it becomes more popular.<br /> <br /> However, there have been voices from within the Russian state that seek to embrace the cryptocurrency. Russia’s leading business daily, the Vedomosti, published an article urging the country to adopt Bitcoin, rather than ban it. As is the norm with blockchain technology lately, Russian Information Minister recently spoke about the “necessity to explore the use of blockchain technology, in the best interests of the public.”<br /> <br />  <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" target="_blank">Cryptocurrency </a>is the future of currency and Bitcoin is pioneering it. If your not yet in <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" target="_blank">Project1-9-90</a> and how its turning people to millionaires in dollars leveraging bitcoin read my article on <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html">http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html</a>

Russia Legalises Bitcoin

The Deputy Chairman of the Russian State Duma Committee — the lower house of the Russian legislature — spoke about cryptocurrencies today. T...

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Japan considers Bitcoin a commodity and Decides making it a legal currency

<div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiNfpN_2-GdpwYRPXl9By7wNepHaQa13CKwhXa-B70JxUKuXLnpnTBPH24r-rsgutk7-KdCGgVV-OBkkOekm7PywUAsWoj3hVPJgUhQtvjHOr901Jz5InyHlqlmsX8OpxU3WsgoMS1rsRE/s1600/bitcoinfrancepoliceexchange.si.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="179" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiNfpN_2-GdpwYRPXl9By7wNepHaQa13CKwhXa-B70JxUKuXLnpnTBPH24r-rsgutk7-KdCGgVV-OBkkOekm7PywUAsWoj3hVPJgUhQtvjHOr901Jz5InyHlqlmsX8OpxU3WsgoMS1rsRE/s320/bitcoinfrancepoliceexchange.si.jpg" width="320" /></a></div> Proposed changes would bring bitcoin definition of currency<br /> <br /> Japan’s governing Liberal Democratic party is planning to propose legal changes that would define bitcoin and other <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" target="_blank">cryptocurrencies </a>as currencies.<br /> <br /> The changes would mean bitcoin could be more tightly regulated and taxed, and are likely to lead to more investment in developing <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" target="_blank">cryptocurrency</a> infrastructure in Japan.<br /> <br /> Tomonori Kanda, an official in the financial affairs section at the party’s headquarters, said legislative changes were discussed on Wednesday and the LDP aimed to raise the matter in parliament.<br /> <br /> “There is a long way to go,” he said. “But we have discussed reform and believe it is the right way to go.” The timing of the change was yet to be decided, he said.<br /> <br /> Japan considers bitcoin a commodity. The new definition would consider anything that can be exchanged for goods and services or legal tender as a currency, bringing bitcoin into the fold.<br /> <br /> According to a report in the Nikkei newspaper, the changes were proposed by government body the Financial Services Agency. However, an FSA official in Tokyo refused to confirm that any changes to legislation were being considered.<br /> <br /> “We have not decided anything yet,” the official said. “The way things work here is that any change would have to be approved by parliament first, and then we would work on writing the legislation.”<br /> <br /> Speaking on condition of anonymity because of the sensitivity of the subject, the official declined to comment on whether the FSA had proposed the legislative changes.<br /> <br /> Japan, the home of Mt. Gox, the bitcoin exchange that folded in 2014 and lost coins worth hundreds of millions of pounds, has been looking for ways to keep a closer eye on cryptocurrencies and prevent another disaster.<br /> <br /> Mark Karpeles, the former chief executive of Mt. Gox, is being held by Japanese authorities and has been charged with embezzlement.<br /> <br /> <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" target="_blank">Cryptocurrency </a>is the future of currency and Bitcoin is pioneering it. If your not yet in <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" target="_blank">Project1-9-90</a> and how its turning people to millionaires in dollars leveraging bitcoin read my article on <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html">http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html</a>

Japan considers Bitcoin a commodity and Decides making it a legal currency

Proposed changes would bring bitcoin definition of currency Japan’s governing Liberal Democratic party is planning to propose legal chan...

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Bitcoin hits New High of $400

Bitcoin has been enjoying alot of rally this 2016 as it touches $400 has shown in our morning chat today and lots of people are taking position including Nigerians through a project 1-9-90 and other Africa.<br /> <br /> <div class="separator" style="clear: both; text-align: center;"> <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" target="_blank"><img alt="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" border="0" height="366" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiPYxr8GYumVgOatZtruxYmwRoXJUDr_K25OlvbToueVqcZbCJZ-HnIgaSEdmuDomWdsXT5n5xcLqZIx-w-DcLMLRJW3Na1K7lkNdsj_-0ywJVsJcaO8Jc2qtqW3yiVZ_qqQMyvDE6dw-M/s640/BPI-02-15-15-399.97.png" width="640" /></a></div>  Following a steady resurgence after a low of $360 in January, the price of the cryptocurrency scaled past $400 for the first time in February.<br /> <br /> The <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" target="_blank">Bitstamp Price Index</a> (BPI) struck $400 for the first time this month yesterday at 10:50 AM UTC. Trading saw Bitcoin price reach a high of $405.83 toward the end of the Sunday. Eventually, the BPI struck a high of $407.44 in the early hours of Feb 15th today.<br /> <br /> At the time of publishing, bitcoin was trading at $399.97.<br /> <br /> While the bitcoin community remains divided in the controversial block size debate, the recent steady swell could arguably be attributed to the stand taken by key bitcoin exchanges and miners. The Bitcoin Roundtable – a community of miners, exchanges, wallets and businesses published a letter to announce their rejection of Bitcoin Classic, a hard-fork. The statement from mining pools that collectively make up the majority of the bitcoin network’s hashing rate could have had a telling effect in the price of bitcoin.<br /> <br /> Another reason that is likely to have an influence on price is the opening of Chinese markets today following a week-long Lunar Year Near holiday. Furthermore, as CCN resident analyst Venzen Khaosan notes, the pausing of the Fed funds rate hike also sees Bitcoin emulate gold in a price rally.<br /> <br /> This year, Bitcoin price has reached a high of $457 on January 7 before a volatile month saw bitcoin trading end January at $368.49 in the Bitcoin Price Index. The plunge in price came soon after former core developer Mike Hearn’s post where he announced his departure from the Bitcoin space.<br /> <br />  If your interested in taking a huge financial increase ride in 2016 leveraging on bitcoin go through my publication on <a href="http://project1-9-90.blogspot.com.ng/2015/11/what-is-project1-9-90.html" target="_blank">what is project1-9-90</a><br /> <br /> <br /> <br /> <br /> <br />

Bitcoin hits New High of $400

Bitcoin has been enjoying alot of rally this 2016 as it touches $400 has shown in our morning chat today and lots of people are taking posit...

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