Ukraine’s Securities Commission Chief Seeks Legalization of Cryptocurrencies as Financial Instruments

The Chairman of the National Securities and Stock Market Commission of Ukraine has indicated the regulator favors a decision to recognize cryptocurrencies as financial instruments. Timur Khromayev thinks it’s time to take the matter to the country’s Financial Stability Council. The point of no return has been passed, he says.   Also read: Ukraine to … Read more

Bitcoin’s Recent Institutional Demand Is Unprecedented, Says Futures Market CEO

Paul Chou, a former Goldman Sachs executive and the founder of LedgerX, a regulated bitcoin derivatives and futures market based in the US, said that Bitcoin has been seeing unprecedented institutional interest for the first time in its history. Institutional Money During an interview with Nathaniel Popper of the New York Times, Chou stated that despite … Read more

CryptoBank get ahead of Bank of Russia and creates Cryptoruble

A few months ago the bill on regulation of the decentralized property meaning creation of own digital currency has drafted in Russia. While the Central Bank of Russian Federation progresses in realization of the idea to create a national cryptocurrency, the CryptoBank development team has made this idea a reality. The CryptoBank blockchain startup has created a Cryptoruble … Read more

What Is Proxeus Cryptocurrency?

With the advent of blockchain technology, digital startups have started to create a network of value that provides customers with a unique method of transferring ownership and recording the settlement of real-world assets. Proxeus can be thought of as a new workflow engine and platform that can be used by tech-driven individuals to generate documents … Read more

Cryptocurrency Projects Aiming to be ‘ASIC Resistant’ Have Little Success

Just recently the Bitcoin Gold (BTG) developers announced the project’s consensus algorithm Equihash was “threatened” in a blog post called “A Response to the ASIC Threat.” In the post, the BTG project’s team members explain that they might change the cryptocurrency’s current Equihash algorithm due to the recent launch of the Antminer Z9 mining rig. … Read more

Texas Serves Bitcoin Investment Company with Cease and Desist Order

Deceptive and misleading advertisements targeting Texans – including those which falsely assured them that investing in Bitcoin was risk-free – were among the offenses cited by the Texas State Securities Board in its emergency cease and desist order against a Bitcoin investment company. The company, Forex EA & Bitcoin Investment LLC, was also accused of failing to disclose … Read more

Markets Update: Cryptocurrency Prices See Relief After Three Day Losses

Cryptocurrency prices have dropped significantly over the past 72 hours after reaching new highs on May 5. When Bitcoin Core (BTC) prices touched a high of $9,940 USD this past Saturday buyers met resistance and the price tumbled to a low of $8,975. BTC prices today are hovering along between $9,100 and $9,400. Bitcoin Cash … Read more

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