CRYPTOCURRENCIES

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New Zealand Bank Shares Belief in Blockchain

By Nikita Blows on 07/20/2018 - 09:00

SBS Bank in New Zealand seems to be considering using blockchain technology as a way to provide an improved user experience for their clients. While some financial institutions are vehemently denying...

Japan: Internal Affairs Minister Denies Involvement in Crypto-Related Gov’t Investigation

By Ana Alexandre on 07/20/2018 - 05:28

Japan’s Internal Affairs minister has denied pressuring a government investigation into the operation of an unregistered crypto exchange. Japan’s Internal affairs minister...

HSBC Global Head of Digital Says the Bank Is ‘Cautiously Looking’ at Crypto Investment

By Ana Alexandre on 07/20/2018 - 02:17

HSBC's Global Head Of Digital said that the bank is "cautiously looking" at crypto use cases. Global Head of Digital at HSBC, Josh Bottomley, said that the bank is “cautiously...

The State Bank of Vietnam Suspends Import of Crypto Mining Hardware

By Helen Partz on 07/20/2018 - 01:17

The central bank of Vietnam has suspended imports of cryptocurrency mining hardware to prevent the use of crypto as payment. The Vietnamese central bank, the State Bank of...

Major Insurers Take the Plunge to Underwrite Risk in the Crypto Space

By Marie Huillet on 07/20/2018 - 00:18

Big-name insurers are increasingly offering crypto-specific protections for those able to pay the premium, according to a Bloomberg report. Big-name insurers such as AIG,...

Wall Street Exec Mike Novogratz: Crypto, Blockchain Mass Adoption Is ‘5 to 6 Years Away’

By Helen Partz on 07/19/2018 - 21:53

Mike Novogratz makes the bet that a “herd of institutions” will embrace crypto and blockchain “in the next two to three years.” Former Wall Street executive Mike Novogratz has...

Crypto Markets Experience Slight Dip But Still Hold Weekly Gains

By Helen Partz on 07/19/2018 - 19:43

Crypto markets are still holding relatively stable weekly gains despite a slight drop, with Bitcoin above $7,400. Thursday, July 19: crypto markets have seen a slight slump...

Enigma’s Guy Zyskind: ‘I’m Pro-Whatever Kind of Blockchain Fits Decentralization Ideals’

By Molly Jane Zuckerman on 07/19/2018 - 18:41

Cointelegraph spoke with Enigma’s Guy Zyskind on the unique nature of the platform’s “secret contracts” and the fun he had teaching blockchain at MIT. This interview has been...

Former Trump Advisor Steve Bannon Considers Creating Utility Tokens for Populist Movement

By William Suberg on 07/19/2018 - 15:02

Steve Bannon is still considering issuing his own utility tokens after calling 90 percent of ICOs a “disaster.” Steve Bannon, co-founder of Breitbart News and former Chief...

2018 Crypto Investment Report: Institutional Investors Provide 56% of Capital Inflow

By Marie Huillet on 07/19/2018 - 14:19

Grayscale Investments’ first-ever crypto investment report reveals that 56% of capital inflow this year is coming from institutional investors. The first-ever crypto investment...

Russia: Crypto Miners and Holders Will Be Regulated Under Existing Laws

By Ana Alexandre on 07/19/2018 - 05:39

Crypto miners and holders in Russia will not face separate tax laws, according to the Chairman of the Russian State Duma Committee on Financial Markets, Anatoly Aksakov....

Kik Messaging App Reveals Its First Beta Product, Kinit

By Ana Alexandre on 07/19/2018 - 04:48

Following a $100 million ICO, mobile chat Kik App has revealed its beta product Kinit related to the company’s Kin token. Canadian messaging application Kik has launched its...

Eastern Europe: Regulation Postponed, Tax Abandoned, Banks Enlightened

By Lubomir Tassev on 07/19/2018 - 04:12

Eastern European nations have been following closely regulatory developments in the West to better understand where the wind is blowing before addressing the challenges presented by cryptocurrencies...

US Congress Hearing: Central Bank Digital Currency ‘One of the Worst Financial Ideas’

By Helen Partz on 07/19/2018 - 03:49

A U.S. Congressional hearing witness considers the idea of a central bank digital currency one of the “worst financial ideas of recent times.” The U.S. Congressional...

Digital Currency Group CEO Says Bitcoin Has “Hit The Bottom for The Year”

By Ana Alexandre on 07/19/2018 - 02:16

Digital Currency Group’s CEO said that he put “some money into Bitcoin last week,” believes that BTC has “hit the bottom for the year.” Barry Silbert, founder and chief...

CFA Adds Topics on Cryptos and Blockchain Technology to Its Exams

By Steve Kaaru on 07/18/2018 - 23:00

Once the genie leaves the bottle, it’s impossible to put back. This narrative has been quite true for the crypto and blockchain industry. After coming under attack in its early days, most often from...

Citadel CEO Says Bitcoin Is Still a ‘Head Scratcher,’ Tells Young Generation to Stay Away

By Helen Partz on 07/18/2018 - 21:10

Citadel CEO Ken Griffin admitted he “still scratches his head" about Bitcoin, argued that “there’s no need” for crypto. Ken Griffin, the CEO and founder of the Citadel hedge...

Powerful Cryptocurrency Firms on the Road Towards Becoming Banks

By Jamie Redman on 07/18/2018 - 20:30

When bitcoin came out, supporters believed that the decentralized cryptocurrency would decimate the banking industry. Years later, as digital currencies became more mainstream, these networks were...

Bitcoin Up $1,000 in Just Two Days, Almost All Top 100 Coins See Green

By Helen Partz on 07/18/2018 - 18:55

Crypto markets keep climbing fast, with 98 out of 100 top altcoins by market cap in the green and Bitcoin touching the $7,500 point. Wednesday, July 18: crypto markets are...

Billionaire Investor Marc Lasry: Bitcoin Can Soon Hit $40,000 as Trading Becomes Easier

By William Suberg on 07/18/2018 - 16:56

Billionaire investor Marc Lasry has reiterated his faith in Bitcoin’s future, forecasting a $40,000 price point for the cryptocurrency in the next few years. Avenue Capital...

Stellar Becomes ‘First’ Sharia-Certified Blockchain for Payments And Asset Tokenization

By Ana Alexandre on 07/18/2018 - 06:11

Stellar has received Sharia compliance certification for its technology and network. Stellar, an open-source platform for distributed payments, is reportedly the first...

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CRYPTOCURRENCIES

New Zealand Bank Shares Belief in Blockchain

Japan: Internal Affairs Minister Denies Involvement in Crypto-Related Gov’t Investigation

HSBC Global Head of Digital Says the Bank Is ‘Cautiously Looking’ at Crypto Investment

The State Bank of Vietnam Suspends Import of Crypto Mining Hardware

Major Insurers Take the Plunge to Underwrite Risk in the Crypto Space

Wall Street Exec Mike Novogratz: Crypto, Blockchain Mass Adoption Is ‘5 to 6 Years Away’

Crypto Markets Experience Slight Dip But Still Hold Weekly Gains

Enigma’s Guy Zyskind: ‘I’m Pro-Whatever Kind of Blockchain Fits Decentralization Ideals’

Former Trump Advisor Steve Bannon Considers Creating Utility Tokens for Populist Movement

2018 Crypto Investment Report: Institutional Investors Provide 56% of Capital Inflow

Russia: Crypto Miners and Holders Will Be Regulated Under Existing Laws

Kik Messaging App Reveals Its First Beta Product, Kinit

Eastern Europe: Regulation Postponed, Tax Abandoned, Banks Enlightened

US Congress Hearing: Central Bank Digital Currency ‘One of the Worst Financial Ideas’

Digital Currency Group CEO Says Bitcoin Has “Hit The Bottom for The Year”

CFA Adds Topics on Cryptos and Blockchain Technology to Its Exams

Citadel CEO Says Bitcoin Is Still a ‘Head Scratcher,’ Tells Young Generation to Stay Away

Powerful Cryptocurrency Firms on the Road Towards Becoming Banks

Bitcoin Up $1,000 in Just Two Days, Almost All Top 100 Coins See Green

Billionaire Investor Marc Lasry: Bitcoin Can Soon Hit $40,000 as Trading Becomes Easier

Stellar Becomes ‘First’ Sharia-Certified Blockchain for Payments And Asset Tokenization

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