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DIGIT – Page 12605 – DIGIT INFO

Another Stagnant Company Reaps the ‘Blockchain Benefits’

This week another company reaped the benefits of adding ‘blockchain technology’ to the firm’s business model. The publicly listed company, Ameri Holdings (AMRH), revealed on January 10 that it was going to utilize the emerging tech within its operations. The company got a swift market valuation boost from the announcement. According to reports Ameri Holdings … Read more

Calls for “Legal Bitcoin” in Ukraine, as Natsbank Mulls E-Fiat

Ukraine, now serious about crypto regulation, is setting up a special working group to oversee the completion of the necessary framework. Dedicated legislation has been making its way through parliament since October. The National Bank is considering plans to emit “e-hryvnias”, while the justice minister says bitcoin is a fact and calls for its legalization. … Read more

Bank Indonesia: Do Not Sell, Buy, Trade Cryptocurrency

Bank Indonesia, Unitary State of the Republic of Indonesia’s central bank, has issued perhaps its bluntest statement yet on curbing the use of cryptocurrency, affirming a hardening stance on the popularity of what it refers to as “virtual currency” such as bitcoin. Also read: Ditch University and High Transaction Fees! Bank Indonesia Warns All Parties … Read more

Kucoin Issues a Warning After Bitcoin Diamond Soars 40x and Then Crashes

Ever since the arrival of bitcoin cash, forked coins have been en vogue. While BCH has succeeded in gaining traction, not only on exchanges, but also in the real world, the stragglers have struggled. There is little evidence that the likes of bitcoin gold and bitcoin diamond are used for anything other than speculation. That … Read more

Brazil Regulator Prohibits Funds from Investing in Cryptocurrencies

Brazil’s Securities and Exchange Commission announced on Friday that local investment funds are prohibited from investing in cryptocurrencies. The country’s regulators are currently working on crypto regulation; seven public hearings have already been held to discuss this subject. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading No Crypto … Read more

China’s Regulatory Authority Warns About Risks of Initial Miner Offerings

National Internet Finance Association of China (NIFA) this Friday announced that IMOs (Initial Miner Offerings), represented by the token Wankebi and issued by Xunlei (NASDAQ: XNET), are ICOs in disguise and have emerged as a potentially risky model that warrants vigilance. Also Read: Exchange Problems Mount at Kraken and Coinbase but Bitfinex Reopens Registrations Risk Alert on … Read more

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