Mailchimp follows Facebook, Google and Twitter to shut down ICO and Blockchain-related emails

Yet another blow to the cryptocurrency and ICO market as Mailchimp announces a policy change shutting down Blockchain and ICO related accounts.   Reported by Futurism, Mailchimp announced the change via email and customers are “freaked out”.  They also stated that they reached out to Mailchimp to get to the bottom of this policy change:-     Mailchimp reiterated its updated Acceptable Use Policy, which states that the company “does not allow businesses involved in any aspect of the sale, transaction, exchange, storage, marketing, or production of cryptocurrencies, virtual currencies,…

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What are the ICO Cryptocurrency Regulatory Guidelines?

ICO’s continue to boom as more tokens and coins are evident.  On Coinmarketcap, and at the time of writing, over 1500 cryptocurrencies are listed and trading. According to Fortune, nearly 50 percent of 2017’s Cryptocurrency ‘ICO’ Projects have already died. They report that “as many as 75% of all startups backed by traditional venture funding fail, and 30 to 40% of those take all of investors’ capital with them.”     With the high ICO failure rate and the craziness of Bitcoin investors, regulators are setting guidelines or passing laws.…

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Twitter to Ban Bitcoin Ads

It was reported on Cointelegraph but unconfirmed as yet that Twitter will join Facebook and Google banning crypto advertising.     Sky News reported that they “[understand] that the new advertising policy will be implemented in two weeks and currently stands to prohibit advertisements for Initial Coin Offerings (ICOs), token sales, and cryptocurrency wallets globally.”   Full story: – Unconfirmed report on Twitter to ban crypto related ads in response to regulation concerns     Twitter has been full of crypto scams of late   Did You Hear the One…

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Decentralized vs Centralized Bitcoin Exchanges, Binance wants both

Binance has just announced that they plan to develop a public blockchain in order to create a new exchange.  This time, a decentralized exchange.     Taken from the Binance statement:- “After extensively researching decentralized exchange frameworks and analyzing existing implementations, we believe significant improvements can be made in providing Binance users with a level of trading experience to which they are already accustomed. Centralized and Decentralized exchanges will co-exist in the near future, complementing each other, while also having interdependence. We stand here today because we believe that Blockchain…

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British Banks Join Bitcoin Crackdown

  It was reported on the front page of the Telegraph that Britain’s biggest bank, Lloyds Banking Group will on Monday tell its 9 million credit card customers that it will block any attempts to buy Bitcoin after the digital currency lost more than half its value in just two months.     This crackdown comes after major US Banks, including JP Morgan Chase, Bank of America and Citi Bank announced last week that they would ban credit card purchases of Bitcoin.   Banking woes for Bitcoin have been one…

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