European Central Bank to Discuss Bitcoin and Blockchain With Youth
Young Europeans could ask the President of the European Central Bank questions about Bitcoin and Blockchain. #ADOPTION Go to Source Powered by WPeMatico
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Russia Ready for Migrant Bitcoin Miners Influx
Despite some indecisiveness about cryptocurrencies on the part of centralized power, Russia has been quietly preparing for a wave of migrant crypto miners from East and West. It’s been said that the country has got what it takes to invite them. A third of the Soviet era power producing capacity is idling, after energy hungry … Read more
Cryptoruble Delayed – Russian Central Bank Worried It Could Bypass Regulations
Russia’s national cryptocurrency, the cryptoruble, is unlikely to be created in the foreseeable future, according to the Bank of Russia. The central bank believes that it could be used to bypass regulations. Meanwhile, the finance ministry wants to use the cryptoruble for cross-border payments. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto … Read more
Is Global Front on Bitcoin Regulation Possible?
Currently, regulation on Bitcoin has come either regionally or nationally, from certain countries’ central banks and regulators, but there is a call for a united global front. #ANALYSIS Go to Source Powered by WPeMatico
Luno Exchange Bank Account Frozen by Malaysian Tax Officials
Over the past few weeks, regulators and financial institutions have been reacting to the worldwide popularity of bitcoin and other cryptocurrencies. In another regulatory-related matter, this week in Kuala Lumpur, Malaysia, the trading platform Luno had its bank account frozen by the country’s tax officials. Also read: Federal Reserve Chair: “Fed Doesn’t Really Play Any … Read more
Central Bank of Indonesia Warns Against All Cryptocurrency Use, Cites High Risk
The central bank of Indonesia warns all citizens against cryptocurrency use, taking a harsher tone than previous advisory statements. #NEWS Go to Source Powered by WPeMatico
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
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
Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges
The Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized The Russian Deputy Finance Minister Alexei Moiseev told reporters that … Read more
Thailand’s Regulators Allow Bitcoin Futures Trading
Investors in Thailand can now trade bitcoin futures listed on the Chicago Mercantile Exchange and the Chicago Board Options Exchange. The country’s financial authorities say that these instruments should be offered in Thailand and one company is already offering them to their customers. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on … Read more