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Iran releases gold-backed cryptocurrency

Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves. дальше »

2019-2-8 17:22


New Bizzabo Study Shows Nearly 4 out of 5 Attendees at Cryptocurrency Events Are Male

There have been several studies released in which they show that cryptocurrency market penetration is much stronger in men than in women. A recently released report confirms this issue. According to a recent study conducted by the event software platform Bizzabo, 79% of individuals registered to events are men. The company has covered 100 conferences […] дальше »

2019-1-31 09:07


IBM Answers Questions About Hyperledger Fabric Blockchain Performance and Scale

In a recent blog post, IBM aims at answering the questions and doubts that several individuals in the cryptocurrency market had about the Linux Foundation’s Hyperledger Fabric performance and scale. According to the company, there has been a lot of confusion and FUD related to this issue. According to IBM Hyperledger Fabric does not have […] дальше »

2019-1-30 02:13


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Bitmain’s Crypto Mining Dominance is Dropping as New Data Shows BTC Mining is Becoming More Decentralized

According to recently released statistical data from Bitaps, it now appears as though BTC mining is gradually becoming more and more decentralized with each passing day— so much so that six transaction confirmations can now provide complete protection against the issue of ‘double spending’. дальше »

2019-1-19 20:13


Lawyers Come Together To Help Russia Clear Confusion Relating To Lack Of Regulation

According to news outlet, News.Bitcoin.com, it has been unveiled that Russia is in heat for not having an appropriate regulatory framework on cryptocurrencies. Because of the problems that can arise from this issue, members from the Russian Lawyers Association and Blockchain Lawyers have decided to come together to create a standard that would be used […] дальше »

2018-12-17 08:42


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First Bitcoin-Backed Loan Issued in Canada

The first Bitcoin-backed loan has been issued to a Canadian company allowing cryptocurrency holders to liquify their assets without selling. Bitcoin Loan a ‘Game Changer’ Canadian company Ledn, has purportedly become the first and only local lender to issue Canadian dollar loans using Bitcoin as collateral, according to local media Wealth Professional. дальше »

2018-11-6 04:00


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Swiss Regulator: Crypto Assets Need 800% Risk Weighting In Absence Of Formal Rules

Swiss financial regulator has informally signaled cryptocurrency investments should have a risk weighting ratio of 800 percent of the original amount. FINMA Highlights Bank, Dealer Queries According to local news media outlet Swissinfo, the Swiss Financial Market Supervisory Authority (FINMA) revealed the figure in October in response to a query by trustee and accountant association EXPERTsuisse. дальше »

2018-11-5 19:00


Bulgarian officials took Bitcoin bribes to issue passports to Ukrainians

Two Bulgarian government reps have been arrested on allegations of accepting bribes in Bitcoin in return for illegitimately issuing Bulgarian identity documents to foreign individuals. Court files claim the accused, both of whom held management positions in the National Agency for Bulgarian Citizens Abroad, have been illegally receiving payments to issue documents, according to local outlet NOVA. дальше »

2018-11-2 19:03


Regulators Approve Coinbase to Offer Custody Services in New York State

Coinbase has secured approval from New York state regulators to act “as a limited purpose trust company” in the state, a press release reveals. According to the release, the New York Department of Financial Services (DFS) has officially signed off on an application for the Coinbase Custody Trust Company, a subsidiary of Coinbase Global, Inc. дальше »

2018-10-24 00:55


Circle Tells CNBC That Lack of Awareness In Cryptocurrency Industry Is An Issue

Circle Official States That Lack of Awareness In The Crypto Industry Is An Issue During a recent interview, Carla Carriveau, from the Senior Regulatory Counsel of Circle, has affirmed that the regulators and the heads of blockchain companies have to establish legislative pointers around the field. According to her, which acted as the senior counsel […] дальше »

2018-9-27 00:26


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Mario Draghi: Europe ‘Has No Plans to Issue Central Bank Digital Currency’

The European Central Bank has no intentions of issuing a central bank digital currency. According to its president Mario Draghi, the current economic conditions fail to justify a need for it.   Cash Remains King Speaking in front of the European Parliament, the president of the European Central Bank Mario Draghi touched on the matter of cryptocurrencies and whether or not the European Union needs a central bank digital currency. дальше »

2018-9-18 04:00