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US Regulators Debate Whether Bitcoin is Commodity or Security

Us regulators debate whether bitcoin is commodity or security

In the US, both the SEC and CFTC continue to assert jurisdiction over various aspects of the bitcoin trade, though market action shrugs off attempts to regulate.

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VIABET to Support Bitcoin Cash and Ethereum Classic

This week the Blockchain-powered platform VIABET has announced players will be able to utilize BCH and ETC on their soon to be released casino and peer-to-peer sports betting site.  VIABET acts as the technological launching pad that allows regular players as well as gaming companies to create and launch their own casino games. Similar to the way Ethereum created a world running on DApps. VIABET aims to create a transparent and incentivized platform which proves itself to the world by remapping the online gambling industry.

The company announced adding the currencies on November 9th via Twitter stating;

“In our latest update, VIABET will be offering bitcoin Cash (BCH) and Ethereum Classic (ETC) deposit and withdrawal options for our online sports betting and casino customers.”

Why bitcoin Cash?

bitcoin Cash, with its on-chain scaling and lower transaction fees, holds particular appeal for the sector that’s historically been the target of misguided government policies that aim to protect state-owned gambling monopolies and restrict the individual’s freedom to decide how to spend their entertainment dollars.

Either way, this looks like a solid business move on behalf of VIABET. According to Coinmarketcap.com, at the time of writing, bitcoin Cash is trading heavily and is up 30.88%, currently in a bull market after slumping the last few weeks. VIABET becomes one of the first online gambling operators to offer bitcoin Cash (BCH) deposit and withdrawal options to its online sports betting and casino customers.

VIABET Pre-ICO to Begin This November

VIABET will be offering 49 million VIA tokens in total. The Pre-ICO is set to begin on November 14, 2017 (10:00 AM PDT) and end on November 21, 2017 (10:00 AM PDT), finally giving its supporters a chance to get in on the profit that VIABET’s future growth will generate.

However, only 9.8 million VIA Tokens will be sold during the Pre-Sale. As the Pre-Sale is capped at only 7000 ETH, it is predicted to sell out and close its doors to new investors long before its November 21 deadline is hit. In addition, VIABET has early bird discounts in place to incentivize investor participation, a 40% bonus for early pre-sale investors is up for grabs.

Learn more about VIABEThttps://viabet.io
Whitepaperhttps://viabet.io/viabetio_whitepaper_v1.pdf
Join the communityTelegram, Twitter, Facebook, Medium

The post VIABET to Support Bitcoin Cash and Ethereum Classic appeared first on NEWSBTC.

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