News on 24 December 2017



 Source: WSJ

- Bitcoin’s wild ride has gotten a huge amount of attention. But over the past two weeks, some of its crypto cousins, like litecoin and Bitcoin Cash, have muscled their way into the spotlight.

On Tuesday, for instance, bitcoin-services company Coinbase announced it would list and support Bitcoin Cash, which is an alternative version of bitcoin that launched on Aug. 1. The news sent prices of bitcoin down and Bitcoin Cash skyrocketing.

- SEATTLE—A federal judge on Saturday partially lifted a Trump administration ban on certain refugees after two groups argued that the policy prevented people from some mostly Muslim countries from reuniting with family living legally in the U.S.

U.S. District Judge James Robart heard arguments Thursday in lawsuits from the American Civil Liberties Union and Jewish Family Service, which say the ban causes irreparable harm and puts some people at risk. Government lawyers said the ban is needed to protect national security.

- The U.N. Security Council voted unanimously to slash the amount of crude oil and refined petroleum North Korea may import, dealing a serious blow to Pyongyang in response to its missile launch last month.

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