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CryptoYuan

The most successful ICO of 2017

2017 was a breakthrough year in the history of initial offers of coins. Understand the success of the largest ICO of the past year and how this information can be useful for selecting ICO in your investment portfolio. ICO is the “initial offering of coins”, a method of collecting investments…

EU Regulators to Discuss Crypto Regulation Next Week

A group of European Union regulators will meet next week to discuss the regulation of cryptocurrencies. Speaking to reporters on Tuesday, European Commission vice president Valdis Dombrovskis said that the meeting would involve representatives from central banks as well as the bloc’s market supervisors. Though unnamed, Dombrovskis said that “market players”…

The profit of South Korean crypto-trading services has grown 85 times in 2017

South Korea’s currency exchange offices in South Korea received a huge profit from commission fees in 2017 – 700 billion won ($ 648 million), while in 2016 this amount was 8 billion won. Thus, for the year this figure has grown 85 times. This is reported by the publication Yonhap…

Venezuela starts pre-sale of national cryptocurrency – Petro

The first national crypto currency in the world is equated to a barrel of oil, therefore its price recommended by the Venezuelan government is $ 60. During the pre-sale, investors will be able to purchase 38.4 million Petro. Experts are skeptical about the initiative of President Nicolas Maduro, considering the…

JPMorgan: Cryptocurrency is unlikely to disappear

Ambiguous predictions JPMorgan bitkoinam saved. The leading US bank, specializing in assets, issued the so-called bitcoin-bible for investors. In it, the authors acknowledge that the Crypto-currency will not go anywhere, but at the same time they warn investors about a significant reduction in the price of BTC (more than 50…

Australian Bank CBA Bars Cryptocurrency Buying on Credit Cards

Australia’s largest bank has banned its customers from buying cryptocurrencies like bitcoin using its credit cards, starting today. Citing a lack of regulation and high volatility of cryptocurrencies, the Commonwealth Bank of Australia (CBA) has discontinued credit card purchases of cryptocurrencies. The curb will also extend to Perth-based Bankwest, a bank…

Government of South Korea: It will no hard regulation of the market of cryptocurrency

The South Korean government has confirmed that it completely refuses any plans to tightly regulate the crypto currency market through bans and plans to focus on improving trade transparency. Today, South Korean Minister Hon-Ki Ki published on the official website of the government a report on the further development of…

Bitcoin Sees Bull Reversal Ahead of Chinese New Year

Bitcoin looks set to test the $10,000 mark soon, as per technical analysis, although some investors fear the Lunar New Year may play spoilsport. Ahead of New Year holidays (starting Feb. 15), Chinese and South Koreans often exchange bitcoin for fiat currencies (to fund increased spending), and bitcoin (BTC) tends…

In South Korea, new crypto-exchanges continue to open

The problems with the opening of bank accounts and the receipt of services of fiat deposits did not become an obstacle to the opening of new crypto-exchanges in South Korea. Since the introduction of the new real-name system, only customers of the four largest Korean crypto-birts can enter and withdraw…

Japanese mining showroom.

It is also the largest cryptocurrency farm in Japan. The Japanese e-commerce company DMM started the launch of such a farm. According to representatives of DMM, their mining projects are the best in the Japanese market. Now the company plans to create similar mining enterprises around the world. In addition,…

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