Litecoin founder says he has sold all his holdings in the cryptocurrency

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By Ryan Browne
CNBC, New York
Wednesday, December 20, 2017

The creator of litecoin has sold off all of his holdings in the cryptocurrency he created.

Charlie Lee, who founded litecoin in 2011, said on Reddit today that he had "sold and donated" all of his litecoin tokens over the past few days -- except for some physical ones he keeps as "collectibles."

Keith Barron struck it rich in Ecuador and now is looking for the lost cities of gold

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By Laura Millan Lombrana and Danielle Bochove
Bloomberg News
Wednesday, December 20, 2017

Hugo Salinas Price: Wild speculation in bitcoin

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7:02p ET Tuesday, December 19, 2017

Dear Friend of GATA and Gold:

Pakistan examines Chinese proposal to replace dollar with yuan

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By Ayaz Gul
Voice of America, Washington
Tuesday, December 19, 2017

ISLAMABAD, Pakistan -- Officials in Pakistan say a Chinese proposal to replace the U.S. dollar with yuan for bilateral trade is under consideration.

Craig Hemke: It is what it is but it's not what it seems

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6:11p Tuesday, December 19, 2017

Dear Friend of GATA and Gold:

South Korean bitcoin exchange Youbit closes after second hack attack

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From the British Broadcasting Corp., London
Tuesday, December 19, 2017

A crypto-currency exchange in South Korea is shutting down after it was hacked for the second time in less than eight months.

Youbit, which lets people buy and sell bitcoins and other virtual currencies, has filed for bankruptcy after losing 17 percent of its assets in the cyberattack.

EU plans to prohibit anonymity for bitcoin transactions on exchanges

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EU Agrees to Clamp Down on Bitcoin Platforms to Tackle Money Laundering

By Francesco Guarascio
Reuters
Saturday, December 16, 2017

BRUSSELS, Belgium -- European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement.

A bitcoin.com founder has sold all his bitcoin, as it's 'as good as useless'

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By Tom Turula
Australian Financial Review, Melbourne
Tuesday, December 19, 2017

Bitcoin.com is one of the world's largest bitcoin sites, having grown its profile thanks to the insane price surge of the cryptocurrency this year. But its co-founder and CTO, Emil Oldenburg, a Swedish native, is extremely skeptical of bitcoin's future.

All that Chinese oil traders want for Christmas is a futures contract

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From Bloomberg News
Thursday, December 14, 2017

Unlike Mariah Carey, all Yuan Quwei wants for Christmas is to trade oil futures on a Chinese exchange.

Stewart Dougherty: 'Exchange for physicals' erases government trades that rig gold price

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11:06a ET Monday, December 18, 2017

Dear Friend of GATA and Gold:

Financial writer Stewart Dougherty argues today that the supposedly "emergency" procedure in the New York Commodities Exchange's gold futures market, "exchange for physicals," is part of a mechanism that governments use to vaporize contracts created by their own trading that aims to keep the gold price in a tight channel.