{"id":1530,"date":"2017-10-18T19:18:06","date_gmt":"2017-10-18T19:18:06","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=1530"},"modified":"2018-04-25T18:14:37","modified_gmt":"2018-04-25T18:14:37","slug":"news-regulatory-warnings-ico-shenanigans-bitcoin-forks-bitcoin-and-the-yuan","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2017\/10\/18\/news-regulatory-warnings-ico-shenanigans-bitcoin-forks-bitcoin-and-the-yuan\/","title":{"rendered":"News: Regulatory warnings, ICO shenanigans, Bitcoin forks, Bitcoin and the yuan"},"content":{"rendered":"<ul>\n<li>Some &#8220;advisers&#8221; to crypto startups <a href=\"https:\/\/www.theinformation.com\/the-crypto-worlds-fake-advisers\">never agreed to advise<\/a>. I&#8217;ve had occasional enquiries; I&#8217;ll be most pleased to advise on your idea with suitable arrangement. (Currently \u00a3500\/hr, minimum two hours, in advance; not able to accept cryptos at this time, sorry, Coinbase are really not very good at setting up merchant accounts.) Some crypto startups just straight-up fib about <a href=\"https:\/\/twitter.com\/C1aranMurray\/status\/919627636166529024\">state support<\/a>.\n<\/ul>\n<ul>\n<li>Some of the Ether flows on <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/icos-magic-beans-and-bubble-machines\/\">quintessential<\/a> useless Ethereum ICO EOS are <a href=\"https:\/\/np.reddit.com\/r\/ethereum\/comments\/760oqz\/eos_might_be_a_money_laundering_scheme_suspicious\/\">attracting suspicion<\/a>.\n<\/ul>\n<ul>\n<li>It&#8217;s seven days to the <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2017\/10\/06\/bitcoin-gold-a-new-bitcoin-full-history-fork-on-the-gpu-bitcoin-core-claims-bitcoin-and-btc-names\/\">Bitcoin Gold<\/a> fork, and <a href=\"http:\/\/www.livebitcoinnews.com\/no-exchange-wallet-supports-bitcoin-gold-10-days-fork\/\">no exchange or wallet supports it<\/a>.\n<\/ul>\n<ul>\n<li><a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2017\/09\/03\/the-bitcoin-versus-bitcoin-cash-split-what-it-means-and-what-you-should-do\/\">Bitcoin Cash<\/a> is the fast cheap Bitcoin for the consumer! Just follow these <a href=\"https:\/\/np.reddit.com\/r\/Bitcoin\/comments\/76y11b\/guide_convert_your_bch_to_btc_safely_step_by_step\/\">65 steps at the Linux command line<\/a>, and &#8230;\n<\/ul>\n<ul>\n<li><a href=\"https:\/\/www.cfr.org\/blog\/bitcoin-and-yuan\">Bitcoin and the yuan<\/a>. &#8220;Bitcoin may have been a proxy for downward pressure on the yuan, but bitcoin outflows only ever made up a very very small amount of Chinese capital outflows.&#8221;\n<\/ul>\n<ul>\n<li>In the UK, the Financial Conduct Authority is issuing due warning to financial services companies concerning <a href=\"https:\/\/www.ft.com\/content\/610eda72-a609-11e7-ab55-27219df83c97\">what they sell to retail investors<\/a> (<a href=\"https:\/\/archive.fa\/w3EUM\">archive<\/a>).\n<\/ul>\n<ul>\n<li>The US Commodities and Futures Trading Commission has issued <a href=\"http:\/\/www.cftc.gov\/idc\/groups\/public\/documents\/file\/labcftc_primercurrencies100417.pdf\">a primer on virtual currencies<\/a>. Parts of it read like they&#8217;ve been following <a href=\"https:\/\/twitter.com\/bitfinexed\">Bitfinexed&#8217;s Twitter<\/a>:\n<\/ul>\n<p><a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2017\/10\/18\/news-regulatory-warnings-ico-shenanigans-bitcoin-forks-bitcoin-and-the-yuan\/cftc-forbidden-activities\/\" rel=\"attachment wp-att-1533\"><img decoding=\"async\" src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2017\/10\/cftc-forbidden-activities.jpg\" alt=\"\" width=\"90%\" class=\"aligncenter size-full wp-image-1533\" srcset=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2017\/10\/cftc-forbidden-activities.jpg 936w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2017\/10\/cftc-forbidden-activities-300x171.jpg 300w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2017\/10\/cftc-forbidden-activities-768x437.jpg 768w\" sizes=\"(max-width: 936px) 100vw, 936px\" \/><\/a><\/p>\n<br><br><div align=\"center\"><p><a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\"><img src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/become_a_patron_button.svg\" alt=\"Become a Patron!\" title=\"Become a Patron!\" width=217 height=51><\/a><br><p style=\"align:center;\" class=\"patreon-badge\"><i>Your subscriptions keep this site going. <a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\">Sign up today!<\/a><\/i><\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Some ICOs are even dodgier than others; Bitcoin&#8217;s fork family; regulators sending more warning shots.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[21,42,129,167,100,165,166,9,6],"class_list":["post-1530","post","type-post","status-publish","format-standard","hentry","category-uncategorised","tag-bitcoin","tag-bitcoin-cash","tag-bitcoin-gold","tag-cftc","tag-china","tag-eos","tag-fca","tag-ico","tag-links"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/1530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/comments?post=1530"}],"version-history":[{"count":12,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/1530\/revisions"}],"predecessor-version":[{"id":1545,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/1530\/revisions\/1545"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=1530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=1530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=1530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}