A lot of people are concerned that the G20 will crack down on cryptocurrency and potentially even ban Bitcoin and altcoins. So far, it seems those concerns are unnecessary, as the group has no immediate plans to intervene in this industry. In fact, the group has rejected the call for regulation, which is an extremely bullish signal for the industry as a whole. G20 Rejects Crypto Regulation Whenever the topic of cryptocurrency regulation comes up, there will be a wide variety of opinions. To some people, regulation is irrelevant, as cryptocurrencies can’t be regulated in the first place. With no centralPowered by WPeMatico
The draft-law “On digital financial assets” aimed at regulating crypto-related matters in Russia has been officially filed in the State Duma on Tuesday. Disagreements between the Central Bank and the Ministry of Finance have been resolved, according to Deputy Finance Minister Alexei Moiseev. The CBR will have the final say in regards to the circulation […]
It has become evident most cryptocurrency markets will head in a very interesting decision moving forward. As of right now, the NEM price is making some big waves, even though this is primarily due to the new listing on an exchange. From a technical point of view, there are no real changes to warrant a NEM price increase. NEM Price is Moving up Again Even though the year 2018 has not been overly kind to NEM in many different ways, things are still looking pretty positive as of right now. Even though the NEM price hit $0.5 a few days
Things are still looking pretty solid for most cryptocurrency markets as of right now. Especially the EOS price is noting some major gains over the past 24 hours. After being called out by John Oliver a while ago, the currency is now back above a value of $5.75. A pretty interesting trend, although sustaining it will be a major challenge for any coin, especially EOS. EOS Price is on the Move Again After the troublesome first few weeks of 2018, it is pretty interesting to see how cryptocurrency markets are recovering as of right now. Although the EOS price has
At the beginning of 2018, I wrote an article outlining a New Year’s resolution that I thought could help boost cryptocurrency adoption and awareness in 2018, as long as enough people were doing it. I took a break last week due to some prior engagements I had, but two weeks ago was the ninth installment of my year of cryptocurrency challenge. Between conferences, work, and time spent with friends, this has been a busy two weeks for the 2018 year of cryptocurrency challenge. TRY TO SPEAK TO AS MANY PEOPLE ABOUT CRYPTOCURRENCY AS YOU POSSIBLY CAN Recently, the cryptocurrency market
While many politicians and heads of corporations continue to lambast cryptocurrencies, PayPal co-founder and venture capitalist Peter Thiel has backed Bitcoin yet again, calling the virtual currency the future of finance. Thiel has been a vocal proponent of Bitcoin for some time now, and has been advocating the use of cryptocurrencies and blockchain since 2017. In a recent interview, he compared bitcoin to gold bars placed inside a “vault that never moves”. He elaborated by saying that he saw crypto assets as being “value containers” rather than currencies which would be used to facilitate everyday transactions. While speaking at an
In a bid to reduce systemic risk, the Israel Securities Authority has announced that it will not include companies operating in the cryptocurrency industry will not be included in the country’s stock exchange indices. News of the determination has been published alongside a public warning issued that seeks to inform prospective investors of the risks […]
Blockchain technology can be used for many purposes. Unsurprisingly, a lot of companies are working on products which are far from production-ready. PricewaterhouseCoopers wants to audit companies’ use of the blockchain to ensure it is being used properly. Moreover, it will let company staffers monitor their internal blockchain transactions. An Interesting Venture for PwC With so many companies claiming to focus on blockchain technology right now, one would expect more working products to have come to market. So far, that has not happened, which raises a lot of interesting questions. Since most of these companies remain tight-lipped about their blockchain ventures, it
Cryptocurrency has made quite a few appearances on various TV shows over the years. Most of those “guest roles” have not shed any positive light on cryptocurrency in the slightest, which is not a big surprise. Cheddar, a web TV network based in the US, is now airing its “Crypto Craze” show every Thursday. The Crypto Craze TV Show As the name somewhat suggests, Cheddar’s new TV show is all about cryptocurrency. The weekly show will focus on cryptocurrency trading, which always makes for some interesting discussions. Given the volatility of cryptocurrency markets these days, not a day goes by without major price swings
More interesting developments are happening in the world of cryptocurrency. Coincheck has made a lot of major headlines in the past few months. The company was recently hacked and is now dropping support for anonymity-oriented currencies altogether. It’s a rather surprising development, although one that is easily justified. More Coincheck Developments The main reason people are focused on the Coincheck exchange right now is its recent hack. Around 500 million NEM was stolen from the company, and the hackers have seemingly vanished without a trace. Rumor has it that some of this stolen money has been laundered through various means, including darknet