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HSBC Not Interested in Cryptocurrency Speculation, Supports Tokenization and Blockchain Technology

Banks and cryptocurrencies have not always been the best of friends, though the former is beginning to loosen up a bit.  In the latest development, HSBC’s Global Head of Digital said on July 19, 2018, that the finance heavyweight is taking a ‘”cautious” approach towards cryptocurrencies due to the super volatile nature of digital assets. дальше »

2018-7-21 17:00


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Big Opportunity for Insurance Industry to Get into Bitcoin, Says Allianz

More and more insurance giants are considering covering cryptocurrency holders and businesses for theft of funds, as Allianz says the industry presents a “big opportunity. ” ‘More Relevant, Important And Prevalent’ Speaking to Bloomberg July 19, spokesman Christian Weishuber forecast rising acceptance and mainstream interest in cryptocurrency meant the insurance sector could make significant inroads in the space. дальше »

2018-7-21 17:00


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Bitcoin and Other Cryptocurrencies Not Significant Threats – Says US Federal Reserve Chairman

While a good number of central banks see bitcoin and other cryptocurrencies as significant threats to their survival, the United States Federal Reserve Chairman, Jerome Powell, said on July 18, 2018, that the exponential growth in the price of bitcoin and the increasing adoption of cryptos doesn’t bother him. дальше »

2018-7-21 13:00


‘Sledgehammer’ singer Peter Gabriel invests in crypto company, Proverance

On 18th July, British startup Provenance received additional funds from legendary musician Peter Gabriel, the lead for the band Genesis. Provenance is a blockchain technology company which is based on the supply chain industry, the company also received funds from Working Capital Fund, Digital Currency Group, Merian Ventures, and Plug and Play. Jesse Baker, the […] дальше »

2018-7-21 07:25


Central Bank Digital Currency Called The ‘Worst Financial Idea In Recent Times’

On 18th July 2018, the US congressional subcommittee on Monetary Policy and Trade held a discussion aimed at addressing some of the major questions currently facing digital currencies. The hearing that was aptly named “The Future of Money: A Look at Digital Currencies” looked at all the implications that would come with implementing cryptocurrencies in […] дальше »

2018-7-20 17:53


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Amidst Bear Market, Crypto Miners Repurpose Mining Equipment

A growing number of cryptocurrency miners are finding other ways to put their equipment to use as depressed digital asset prices make it increasingly difficult to stay afloat in the market. This is the theme of a special report in the Los Angeles Times July 17, 2018, which outlines amongst other things, how a surplus in computing power is making crypto. дальше »

2018-7-20 13:00


Grayscale Investments привлекла рекордные $250 млн за первые полгода 2018

Инвестиционная компания Барри Силберта Grayscale Investments сообщила, что за первые шесть месяцев этого года ее клиенты инвестировали в криптовалютные продукты компании $248,39 млн. BREAKING: We are excited to share our first-ever Digital Asset Investment Report! Highlights for the first half of 2018 include: pic. дальше »

2018-7-19 17:05


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Peter Gabriel, formerly the pioneer of the Genesis, was the start of the prevention of food supplies

British pop star Peter Gabriel has invested in blockchain startup Provenance, according to a press release July 18. The amount of his investment has not been disclosed. Gabriel jonis a group of investors led by Working Group Capital Fund, Digital Currency Group, Merian Ventures, and Plug and Play. Provenance’s goal is to create better transparency дальше »

2018-7-19 09:20


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Russia: Crypto Miners and Holders Regulated

Cryptocurrency miners and holders in Russia will be regulated under the Internal Revenue Code, local news outlet Izvestiya reported July 18. The Chairman of the Russian State Duma Committee on Financial Markets, Anatoly Aksakov, told Izvestiya that lawmakers are looking to pass the bill on digital financial assets, or cryptocurrencies, during the autumn session of дальше »

2018-7-19 07:34


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Russia: Bitcoin Owners and Miners Will Not Face ‘Separate’ Tax Laws

Russia will subject owners and miners of cryptocurrency to all existing tax obligations from Autumn, authorities hinted July 18. Aksakov: No ‘Separate’ Treatment For Crypto Speaking to local news outlet Izvestia, Anatoly Aksakov, head of the financial markets committee at Russia’s state Duma, said there were currently no plans to draw up “separate” tax frameworks solely for cryptocurrency. дальше »

2018-7-19 01:00


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Thailand Announces State-Backed “Bond Coin” to Facilitate Faster Security Settlements and Clearance

The Thailand government is swiftly taking steps to adopt and implement cryptocurrencies and blockchain technology within its administration. Local reports on July 16, 2018 confirmed that a prominent securities body in Thailand is developing a digital token to facilitate settlement clearing of corporate bonds. дальше »

2018-7-18 06:00


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Swiss Stock Exchange Undecided on Digital Assets That Aren’t Securities

The Swiss Stock Exchange SIX has held off on publicly welcoming cryptoassets not considered securities to its new exchange. ‘It’s Still Open’ Six Digital Exchange (SDX), news of which drew much fanfare when it was announced earlier this month, will subject all future assets to a “due diligence process,” spokesman Stephan Meier told local news outlet Swissinfo July 15. дальше »

2018-7-16 20:00


Cryptocurrencies are the ‘future of money’: The United States Congress

On 14th July, The United States House of Representatives has gone so far as to say that digital currencies are the ‘future of money’. This latest development comes in the wake of countries such as South Korea, Malta, and Switzerland adopting and implementing clear regulation for the $250 million cryptocurrency market. The United States will begin […] дальше »

2018-7-15 12:15