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Latest HYIP News:

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Mar-7-2017 10:27:39 PM

Japan Recognizes Bitcoin

Japan Officially Recognizes Bitcoin and Digital Currencies as Money

Japanese banks are set for embracing Bitcoin after proposed new laws. Has Bitcoin finally come of age in the land of the rising sun?

On March 4, 2016, The Japan Times reported that the Cabinet in Japan had approved a series of bills which would help the banking sector expand their reach when it comes to Information Technology businesses. This intertwining of banking and IT are called ‘FinTech’ in emerging parlance.

Interestingly, the cabinet also takes into stock the rising importance of virtual currencies and the new bills will recognize them as a means of making payments and having the potential to be digitally transferred.

Japan has just given virtual currencies legitimacy, something that many other nations are still struggling to come to terms with.

So Saito, Attorney at Law who specialises in Virtual Currencies, says to CoinTelegraph:

"I think that new law will advance an acceptance of Bitcoin and other VC. Some of major financial institutions, investors, and advertising agencies etc. have hesitated being relevant with Bitcoin. The reasons are that Bitcoin is not regulated, the nature of it has been uncertain and some still have a bad impression on Bitcoin."

Sunrise for Bitcoin in the land of the rising sun?

The government in Japan is attempting to bring virtual currencies under the purview of the Financial Services Agency (FSA), the same Japanese agency which manages transactions that take place in Japan’s own currency, the Yen. This will also mean that there would registeration of exchanges which handle virtual currencies aimed at preventing money laundering and extending more protection to the people who use Bitcoin and other such currencies.

Bringing Information Technology to Banking
The banking sector in Japan would benefit the most from the proposed laws. Already the banks in Japan are more open-minded about Bitcoin than their European peers who seem to shut the doors to people who are active participants in the crypto world.

Jeremy Wood, Co-founder and CSO of Input Output, a company which operates in Hong Kong and Japan, says:

“I think in some respects, the banks have already accepted Bitcoin. Japan doesn’t have the bank closings that happen to Bitcoin companies.”

So are the Japanese banks ready to take a huge leap of faith and start embracing Bitcoin?

Takao Asayama of Tech Bureau Corp (Zaif Exchange) thinks so and told us that things started changing in January 2016 because before that in 2015 virtual currencies were, in his words, “Voldemort” to the banks in Japan. He says that in January 2016, Japanese banks started running experiments and started talking about cryptocurrencies with “smiles” to the media. Takao is of the view that they are getting ready to adopt it as a part of business when the law comes into force next year.

Kaga of Coincheck.jp also chimes in with his view that since the announcement banks are showing an interest in Bitcoin and other virtual currencies. He thinks this would mean more opportunities for established Bitcoin and cryptocurrency exchanges. However, he feels that due to increased regulations startups might face more difficulty in entering the market.

The Road Ahead
Japan has paved the way for Bitcoin and other virtual currencies to play a role in the country’s financial system. This way these currencies can be better regulated and managed within the country.

The technology behind these currencies can also be utilised by the existing banking system. This will certainly give Japanese banking system an edge on early adoption. This does not mean though that Bitcoin has a status parallel to the Japanese Yen.

Mar-7-2017 10:24:31 PM

Dowerly Announcement

- DOWERLY ANNOUNCEMENT -

Our Apologies

We are just writing to let you know: We have resolved the recent login problems. From now on you can access your account without any interruption. Automatic withdrawals are also re-enabled. The problems were caused by a server misconfiguration due to a recent server move.

Feb-28-2017 08:42:35 PM

CryptoCapitals Offers

We appreciate our investors who are serious about investing with CryptoCapitals.com.

We offer a great bonus for those of you who make a deposit of minimum $ 400 USD (or equivalent in bitcoin) , we will add to your account up to 100% of the total deposit you make. Deposit bonus can be withdrawn immediately, anytime you want, just after you receive it to your e-currency account!

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Feb-28-2017 08:36:58 PM

Updated Scam HYIPs

5deposit.com, InstantCoin.biz, HourCoins.com, BitRevenue.org website is no longer valid and had scammed. Please do take note.

Feb-27-2017 01:26:07 PM

Xabo Latest News

After a successful migration to the new blocktrail.com Bitcoin merchant in order to enhance overall platform security and stability, there are some additions being made by Xabo Financial Department.

Here is a direct message from XFD:

AFFILIATE CASES

It's being noticed that quite a few users were involved in some strange affiliate activity with their deposits in order to get more extra bonuses, which cannot be tolerated. As a financial department, we have to take care of all the potential affiliate fraud cases by checking all the deposited funds and payouts.

- Do not create more than 1 profile from 1 physicals address. It may lead all your accounts to be permanently blocked.

- Do not create a fraud affiliate chain. It is easy to check and surely all people who do it will be BLOCKED with no explanations.

- Do not purchase additional levels and do not try to create anything which can be potential against our terms & uses.

The rule is simple - one person must have ONLY ONE account otherwise, your accounts or the whole team (including your upline) may be permanently blocked at Xabo Platform.

Be responsible for your actions. Again - after close case investigation it is very clear for XFD who did what and why...

PIN CHANGE

We also see that many users request to chance a PIN of other user's accounts. They might think that it is not visible for us, but note that it is illegal and go against after all the terms & uses displayed on the website. We care about investor's fund's security so ALL PIN change requests will be reviewed by XFD directly with all the account ownership proofs ONLY. Do not forget your PIN and write it down, do not tell your PIN to anybody (even Xabo Support Assistants) It is your main withdrawal instrument and please take care of it.

PAYOUT REQUESTS

Due to the Xabo Platform extensive growth and development, large participants quantity and over 40K daily requests being made, we have to follow some requirements made by our Bitcoin partner merchant.

- All payouts from 1-500$ will proceed instantly and fully automatic.
No extra check required. Completely automated and easy to work with large quantities by blocktrail.com

- All requests from 500-1000$ will proceed only after 24 business hours. They MUST follow an Auto /Manual check. Manual profile check needed by Xabo Financial Department (X.F.D)
(deposits fraud prevention center)

- All requests from 1000-10,000$ (ten thousand dollars) will be completed only within 48 business hours. Full upline and team tree checks are necessary by X.F.D (deposits fraud prevention center & multi profiles, affiliates fraud checking)

- All requests from 10,000-100,000$ only directly made payouts by the X.F.D after user’s request confirmation (due to security, tax & legal requirements from blocktrail.com for business owners)

Feb-21-2017 10:53:51 PM

Xabo.io Feb News

THE POWER OF XABORIANS

More than 71,000 Active investors earning money daily!
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Feb-19-2017 07:33:57 AM

Bitcoin Latest News

Bankgko Sentral ng Pilipinas, hereinafter BSP, is officially regulating local Philippine Bitcoin exchanges as remittance companies and recognizing Bitcoin as a legitimate payment method.

Earlier this month, BSP Deputy Governor Nestor Espenilla announced the plans of the Philippine Central Bank to issue a proper regulatory framework for Bitcoin users, exchanges and companies. Espenilla emphasized the exponential growth of Bitcoin within the country, stating that monthly Bitcoin volumes increased from $1 mln to $6 mln a month in a year.

Guidelines for Virtual Currency (VC) Exchanges

Almost immediately after the announcement of Espenilla, the Central Bank of the Philippines released BSP Circular No.944 entitled “Guidelines for Virtual Currency (VC) Exchanges,” to provide clarity on the legality of Bitcoin exchanges.

In the document, BSP clarified that Bitcoin will still not be considered as an endorsement of the Philippine government nor a legal currency as it isn’t issued by the central bank. However, considering the benefits of Bitcoin as payment and remittance networks, BSP intends to regulate Bitcoin and Bitcoin startups as remittance companies.

As soon as the circular takes full effect within the next two weeks, Anti-Money Laundering (AML) and Know Your Customer (KYC) policies are set to be tightened for local Bitcoin exchanges and companies.

The circular read:

“The Bangko Sentral does not intend to endorse any VC, such as Bitcoin, as a currency since it is neither issued or guaranteed by a central bank nor backed by any commodity. Rather, the BSP aims to regulate VCs when used for delivery of financial services, particularly, for payments and remittances, which have a material impact on anti-money laundering (AML) and combating the financing of terrorism (CFT), consumer protection and financial stability.”

Growth of Bitcoin startups, relationship with regulators

Over the past two years, leading Bitcoin exchanges and service providers such as Coins.ph and Rebit.ph have maintained efficient and close relationships with BSP to ensure their operations are compliant with local regulations.

Coins.ph in particular collaborated with BSP to establish necessary AML and KYC systems for its operations. For high profile traders and investors, the Coins.ph legal team required the submission of licenses, government-issued IDs and face-to-face calls.

However, the new circular will create a more difficult environment and regulatory frameworks for companies like Coins.ph to deal with. Like New York’s BitLicense, Bitcoin exchanges and service providers will have to pay a registration fee and annual fee of $2,000. That is an initial fee of $2,000 and a recurring annual fee of another $2,000.

“A VC exchange shall obtain Certificate of Registration (COR) to operate as a remittance and transfer company […] The provisions of Subsec. 4511.N.2 on the issuance of Bangko Sentral COR, accreditation of remittance sub-agents, registration with the Anti-Money Laundering Council Secretariat and mandatory training shall also apply to VC exchanges. A VC exchange shall pay the registration and annual service fees as provided under Subsec. 4511N.8,” read the circular.

In other words, to be fully compliant with new regulations on Bitcoin, companies will have to apply for a license and be authorized to operate by the Central Bank of the Philippines.

For the long-term growth of the Bitcoin industry in the Philippines and mainstream adoption, the transparent and clarified regulatory framework for Bitcoin users and companies will ultimately be beneficial.

Feb-14-2017 10:43:00 PM

TP FX PRO News

CELEBRATING 100-DAYS ONLINE !!!

Good day, all our investors!

Today is a great day, because TP FX PRO LTD. celebrating it's 100 days online! And we won't stop! We have made so many investors around the world so happy. We helped the reach them financial freedom. Could you ever imagine, that you will have opportunity to invest online and receive stable daily income without any loss or fear of loss ? Yes, it is possible, but only with TP FX PRO LTD.!

Phone support have been added today and now you are officially able to reach our phone operators and ask any question that you have! They will help to clear up all your questions with joy.

Our phone operator is available from 10:00AM till 18:00 PM by UK local time.

Phone number: +44 020 3287 8846

Have you seen what investors talking about TP FX PRO LTD ? Check our youtube channel right now by next provided link:

https://www.youtube.com/channel/UCmmvHWO1Af9NLTUqKUtRKyQ

We would like to share with company achievement for today:

- Total invested: $4,500,000.00
- Total withdrawn: $1,000,000.00
- Total investors: 11557

TP FX PRO LTD. is your best option to invest online absolutely without any risk and loss. Become a part of most popular, most stable and most profitable investment company today and forget about your financial problems. And do you know why ?

Because with TP FX PRO LTD. you will find a financial freedom!

Sincerely Yours,
John Mayer,
TP FX PRO LTD.

Feb-8-2017 08:56:57 PM

5bit.biz News

5Bit.biz is online and paying for 2 months, we want to sincerly say thank you for all investors and welcome all the new visitors. The development can not be so rapid without all your love and support.
And the coinpayment system recently can not return data in time, so 5bit.biz has changed the deposit way as you noticed, please do not be scared or worried if the deposit does not appear in time on your account. The Bitcoin deposit takes time to confirm and if it does not show, please be free to contact the livechat and also the support form.

Best wishes from 5Bit.Biz

Feb-6-2017 06:30:15 AM



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