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The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4.

The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4. Speaking to Swiss newspaper Basler Zeitung last week, subsequently published by BIS itself, general manager Agustin Carstens cautioned “young people” against “trying to create money,” drawing comparisons дальше »

2018-7-5 16:55


FSA Denies Plans to Make Changes to Regulations Governing Cryptocurrency Exchanges

Japan’s Financial Services Agency (FSA) finally refuted recent reports stating that it plans to make some changes to existing cryptocurrency regulations. The FSA is the government agency responsible for regulating the insurance, securities, exchange, and banking sectors in the country to ensure the stability of the financial system. дальше »

2018-7-5 16:39


Financial Warrant System for Blockchain to Be Set Up by Eight Major European Financial Institutions

News surfaced of a major collaboration between several European banks and regulators that would use blockchain technology to issue financial warrants. The system, called Fast Track Listing, would allow entities to grant agreements on options to buy their stock, similar to option calls, through recording the contract on a blockchain ledger. дальше »

2018-7-5 16:24


Supreme Court’s Decision on RBI’s Restrictions May Push Crypto Industry Towards a P2P Model

India’s top court just dealt a major blow to the cryptocurrency industry in the country. The nation’s crypto community was stunned when the Supreme Court refused to overturn the Reserve Bank of India’s (RBI) ban, which barred all financial institutions it regulates from dealing with cryptocurrencies. дальше »

2018-7-5 16:09


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South Korea Officially Recognizes Cryptocurrency Exchanges

South Korea has moved to recognize cryptocurrency exchanges as legal entities in their own right for the first time, cementing their position in the local economy. Unveiling ‘Cryptoasset Exchanges And Brokerages’ As local news outlet The B-Chain reports, new “classification” of Blockchain-related industries means exchanges are now considered “cryptoasset exchanges and brokerages. дальше »

2018-7-5 15:00


World Cryptocurrency International WCI: HYIP Mining Platform?

The World Cryptocurrency International also referred to as WCI, has a very appealing website that quickly draws investors to the platform. Not forgetting the slogan that they have running claiming they are the leaders in the field of cryptocurrency, a platform that claims they have established programs that you can trust, but we think otherwise. […] дальше »

2018-7-5 13:09


CEO: Bitcoin Will Probably Hit $2,000 Before It Hits $20,000

The cryptocurrency market has come surging back over the past week, moving up 15% from its lows, but analysts and CEOs expect for Bitcoin to move downwards before returning to all-time highs. Bitcoin Will “Probably Hit $2,000 Before It Hits $20,000” The cryptocurrency community breathed a sigh of relief this week, as Bitcoin quickly rebounded. дальше »

2018-7-5 12:28


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Florida CFO attorneys state the creation of the “Cryptogravure Chief”

Also Read: Presidential Decree Sets the Stage for Legalizing Cryptocurrencies in Uzbekistan Florida CFO Advocates Creation of Government Post Overseeing Crypto Jimmy Patronis Jimmy Patronis has issued a statement urging Florida’s lawmakers to create a new governmental post tasked with overseeing the state’s cryptocurrency industry. дальше »

2018-7-5 11:56


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‘Unusual But Not a Hack’ — Trading Halted as Syscoin Price Spikes to 96 BTC

Syscoin’s blockchain experienced delays yesterday, coupled with a widely irregular trading activity that took place on Binance — temporarily giving SYS a price of over $640,000 per coin. Syscoin’s team took precautions to confirm the issues and requested a temporary halt of trading across cryptocurrency exchanges while they investigated. дальше »

2018-7-5 11:00


Venezuela’s Oil-Backed Petro Cryptocurrency To Finance Country’s Housing Project

As per an announcement reported via native news, Telesur, it is believed that the next use of Venezuela’s oil-based cryptocurrency, Petro has been established. The minister of the Habitat and Housing of Venezuela, Ildemaro Villarroel confirmed that new efforts are in place to provide housing to the country’s homeless through a project called “La Gran […] дальше »

2018-7-5 08:54


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Overhauling Crypto Regulation being looked into by Japanese Regulators

Regulation Japan’s top financial regulator has responded to media reports that it is considering overhauling the way cryptocurrency is regulated in the country. The authority has been under fire for the inadequacy of its crypto exchange registration process after it issued business improvement orders to a number of exchanges it previously approved. Japan Confirms Entrance дальше »

2018-7-5 05:46


Japanese Regulator Responds to Reports of Overhauling Crypto Regulation

Japan’s top financial regulator has responded to media reports that it is considering overhauling the way cryptocurrency is regulated in the country. The authority has been under fire for the inadequacy of its crypto exchange registration process after it issued business improvement orders to a number of exchanges it previously approved. дальше »

2018-7-5 04:40