Earlier this month, Bitwise Asset Management applied for Bitcoin ETF which will be listed on NYSE Arca. The Bitwise Bitcoin ETF will be backed by physically held Bitcoin tokens. NYSE Arca has now completed the official paperwork for the 19b-4 rule change and is now available on the official NYSE website. The newly filed Bitcoin ETF application by Bitwise will rely on regulated third-party custodians to hold its physical Bitcoin. Additionally, Bitwise clarified that it would draw a large amount of data from a number of crypto trading platforms, including both…
Month: January 2019
ICO celebrates the success of innovative data protection projects on Data Protection Day 2019
Innovative data protection projects funded by the ICO are making a real difference to public trust and confidence in privacy issues. The projects were the first to receive money as part of the ICO’s grants programme, which facilitates innovative, independent research focused on privacy and data protection issues. It aims to increase the public’s trust and confidence in how their personal data is used. Now three of the grant recipients have spoken for the first time about how they’ve used the money. On Data Protection Day 2019 the ICO will…
ICO calls for nominations for the second Practitioner Award for Excellence in Data Protection
The Information Commissioner is calling for nominations for the second Practitioner Award for Excellence in Data Protection, to recognise those practitioners who go above and beyond when it comes to implementing data protection in practice. Recognising the increasingly vital role played by data protection professionals, the Commissioner says that 2018 was the year that privacy and data security went mainstream. This included a once-in-a-generation reform of data protection laws, high-profile public debates about the use of personal data, and people increasingly exercising their rights. Privacy rights remain in the international…
SCL Elections prosecuted for failing to comply with enforcement notice
SCL Elections Ltd, also known as Cambridge Analytica, has been fined £15,000 for failing to comply with an enforcement notice issued by the Information Commissioner’s Office (ICO). The company appeared at Hendon Magistrates’ Court and pleaded guilty through its administrators to breaching s47 (1) of the Data Protection Act 1998. The criminal prosecution related to the company’s failure to respond to an enforcement notice issued in May 2018, which ordered the company to respond in full to a subject access request submitted by Professor David Carroll, a US-based academic. As well as…
Law changes on pension cold calling
Cold calls about pensions are now illegal in some circumstances following a change in the law. Unsolicited calls are the most common method for companies who operate pension scams to contact people and new legislation introduced by the government from 9 January aims to tackle this. ICO Investigations Manager, Andy Curry, said: ”These calls cause untold misery to thousands of people and we are pleased that the law now offers greater protection to stop them being scammed out of their hard-earned pensions by unscrupulous operators. “The ICO has powers to…
Digital Retail Giant Overstock Set to Use Bitcoin for Tax Payments in 2019 Already
The new year has begun just a couple of years ago but has already brought some surprising news for crypto enthusiasts. On Thursday, the US online retailer Overstock announced it would pay part of its business taxes in the state of Ohio with Bitcoin (BTC). The move is a way to promote cryptocurrency use. Overstock CEO and founder Patrick Byrne said: “We have long thought that thoughtful governmental adoption of emerging technologies such as cryptocurrencies (when accompanied by non-restrictive legislation over these technologies) is the best way to ensure the U.S. does not lose our place…
Bitcoin’s Proof of Keys Day Begins With Industry-Wide Support
Technology In addition to being Bitcoin’s 10th birthday, Jan. 3, 2019 will go down in history as being the crypto world’s inaugural Proof of Keys day. The initiative, conceived by Trace Meyer just weeks ago, has drawn broad support from cryptocurrency influencers and businesses. Over the past 24 hours, crypto companies have tweeted their encouragement for users to withdraw their funds from exchanges and other custodial wallets. Also read: European Exchange to Offer Investing in Stocks With Cryptocurrencies Proof of Keys Day Draws Strong Support From Crypto Companies If Trace Meyer’s…