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The current president and chief executive officer of the San Francisco Federal Reserve Bank, and the man expected to soon be the New York Federal Reserve Bank, John Williams, has rejected the suggestion that cryptocurrencies comprise currency. Also Read: Trading Sanctions Imposed on Tezos Co-Founder Amid FINRA Settlement New York Federal Reserve Nominee Rejects Cryptocurrencies as … Read more
The stock of cryptocurrency investment firm, Ether Capital, has commenced trading on Toronto-based NEO Exchange. The listing comes days after the company completed its previously announced “reverse takeover transaction” that saw the company rebrand from Ethereum Capital. Also Read: Mt Gox CEO Mark Karpeles Lands New Job — CTO for Cryptocurrency Firm Ether Capital Shares Commence … Read more
The Supreme Court of the Russian Federation has struck down the ban imposed on the Bitcoininfo.ru portal. The outlet is one several dozens of crypto-related websites that have been taken offline by the Russian authorities in the past few years. The decision sets a precedent which and is likely to determine the faith of many … Read more
The world’s largest independent semiconductor manufacturer, Taiwan Semiconductor Manufacturing Company (TSMC) has reported record sales during March 2018. TSMC’s president has attributed the company’s performance in part to demand for the hardware required to mine cryptocurrencies. Also Read: Bitcoin Cash Smashes Through $1,000 USD World’s Largest Semiconductor Manufacturer Reports Record Sales During a recent shareholder conference … Read more
In today’s Bitcoin in Brief we are focusing on some truths that have been uttered recently in regards to the latest attempt by authorities in New York to cross borders, when it comes to crypto controls and regulations. Also, crypto T-shirts, inspired by digital aesthetics, have been put on sale. Do you want to know … Read more
The European Parliament has voted in favor of stricter regulations in the crypto sector. Crypto exchanges and wallet providers will be required to introduce customer due diligence procedures, including identity verification. The platforms will have to apply for registration in order to offer their services. The new measures come with the latest update of the … Read more
Reports are increasingly indicating that bitcoin’s recent drop of 70% from its December record highs of nearly $20,000 has spurred a renewed interest in the BTC and cryptocurrency markets from institutional investors. Also Read: Markets Update: Broken Trendlines and Bullish Bounces Reports Indicate Influx of Institutional Investment Jeffrey Van de Leemput, an analyst working for Cryptocampus, … Read more
Most US states have adopted some regulatory stance in regards to cryptocurrencies like bitcoin and the blockchain technologies behind them, according to a report by the Brookings Institution. The study classifies jurisdictions according to their attitude towards digital currencies and the levels of engagement with the underlying technology. Also read: Several States Spearhead Bitcoin Adoption … Read more
The Bank of Japan has become the latest government financial institution to recognize the risks of state-issued cryptocurrencies. According to its Deputy Governor Masayoshi Amamiya, a national digital coin may jeopardize the traditional financial system established in developed countries. The Japanese central bank has no plans to issue its own crypto, he said. Also read: … Read more
IMF chief Christine Lagarde has dedicated her latest two blog posts on the official IMF website to cryptocurrencies. In her latest post, she outlines multiple benefits of crypto and envisages a large-scale shift away from government-issued currencies towards cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 2 Blog Posts Dedicated to Crypto The … Read more
