Russia Minister “promotes a thoughtful approach to cryptocurrencies regulation”. He is speaking out against the idea cryptocurrencies should be banned. In the interview, Mikhail Abyzov stated: “It is necessary to move from a policy of […]
What is Blockchain Blockchain technology is an innovation that arose out of the ashes o f the 2007-2009 financial crisis. The collapse of Lehman Brothers turned a strictly financial crisis into a trust crisis. Blockchain technology uses […]
The Dubai Financial Services Authority has issued a warning on ICOs (initial coin offerings) to investors. The agency said: “The DFSA wishes to highlight that these types of product offerings, and the systems and technology […]
R3 is suing fellow blockchain startup Ripple, alleging that the latter company improperly attempted to terminate an options contract. Ripple has filed its own lawsuit, saying that R3 failed to deliver on its commitments to […]
Why to regulate Virtual Currencies The Bitcoin structure (and its peers) holds natural tension with traditional regulatory and government controls. However, there are a few aspects of Bitcoins that do lend themselves to regulatory oversight, and […]
What is Bitcoin Bitcoin is a virtual currency that utilizes blockchain technology. The genesis of this idea occurred in 2009 by an anonymous group of developers. At its core, a Bitcoin is a peer-to-peer virtual currency […]
China is getting ready to prohibit the trading of bitcoin and other digital currencies on exchanges, people familiar with the matter said. Over-the-counter trading of digital currencies will be allowed to continue, they said. Related […]
Omise, a Bangkok-based startup backed by Japan’s SBI Investment, plans to raise as much as $16 million. They will sell digital tokens as it builds a new payment service based on blockchain technology. Prospective investors […]
Trading volumes at China’s three largest bitcoin exchanges have plummeted after the PBOC put the virtual currency market under sharper scrutiny in a move that coincided with efforts to stem capital outflows. China has been the […]
In a bid to encourage financial technology startups, the French central bank has launched a blockchain innovation lab. It mentioned that the technology’s potential needs to be explored and developed. Banque de France has attracted more […]
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