The G20 finance ministers and heads of central banks are concerned about the risks to global financial stability that can create cryptocurrencies, and intend to propose possible measures for the international regulation of their market. Technological innovations that underlie the work of cryptocurrencies can enhance the efficiency of the financial…
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Coinbase appears poised to increase its global market share for licensed cryptocurrency exchanges. It recently hired a mergers and acquisitions veteran who handled more than 40 deals for Linkedin, signaling its intent to start gobbling up competitors in the industry. Now it’s also established a new legal beachhead in the…
Crypto-exchange Bithub will install payment terminals that will allow restaurant customers to pay for their orders with bitcoins, airwaves and other crypto currency. One of the largest exchanges introduced its new brand – Touch B. The creation of ATM terminals was entrusted to the companies by Uno Space, TROS Systems…
The Deputy Prime Minister of Thailand granted a mandate that requires that the law on the Crypto-currency and ICO be completed within a month. Regulators met and agreed that there is no need to refer to existing laws of the country, but instead introduce instead of them a “special law”.…
The major Chinese cryptocurrency mining hardware manufacturer Bitmain is reportedly involved in the development of Ant Creek mining centers in the US. According to the business data website companies-number.com, Bitmain’s co-founder Jihan Wu is the sole “governing person” of the Ant Creek LLC in Tumwater, Washington. According to local newspaper…
The state authorities, as a rule, created a replacement for traditional payment systems The authorities of Cambodia were inspired by the example of Venezuela, which was the first in the world to create a national currency. The press release of the forthcoming ASEAN 2018 Blockchain summit, which will be held…
Jihan Wu, the controversial co-CEO of bitcoin mining hardware maker Bitmain, will discuss the idea of central bank digital currencies in a speech Wednesday, a source told CoinDesk. Wu is perhaps the most highly-anticipated speaker at the three-day D.C. Blockchain Summit, which kicked off on Tuesday with a developer event.…
Russian authorities are planning to pass new legislation that would effectively legalize cryptocurrency markets by summer 2018. As revealed in a report by the Russian parliament’s official publication on March 1, Russian president Vladimir Putin has set a deadline on July 1 for relevant cryptocurrency legislation to be adopted in…
A week after the launch of El Petro, Venezuelan President Nicolas Maduro announced new achievements of the national crypto currency. According to him, for the period from February 20, $ 3 billion was raised and 171 015 certified purchases were conducted with the participation of investors from 127 countries. El…
According to regional reports, China’s police agency is allegedly monitoring cryptocurrency exchanges based outside of the country. An informant details that China’s Public Information Network Security Supervision task-force is closely watching both domestic and foreign trading platforms involved with cryptocurrencies to prevent fraud, pyramid schemes, and money laundering. China’s Regulators…