Visa CEO Alfred Kelly said he doesn't support bitcoin payments. Cryptocurrency legalization in Belarus will come into effect on March 28, 2018. NBA team Mavericks will sell tickets for bitcoin. … [Read more...] about Crypto news in brief (January 18, 2017): Visa, Belarus, Mavericks
Bitcoin plunges below $10,000 first time in the last month and a half
The cryptocurrency continued its sharp downswing that began a day earlier. The main reason for the sellout is negative news coming from China. Experts do not rule out further decline with a subsequent rebound later in the year. … [Read more...] about Bitcoin plunges below $10,000 first time in the last month and a half
Petition against South Korean government’s attempts to ban cryptocurrencies reaches 200,000+ signatures
A threat of crackdown on cryptocurrency trading has prompted thousands of South Korea citizens to sign a petition demanding the government to stop regulating cryptocurrencies, about the same time as South Korean officials discussed possible ban of cryptocurrency exchanges. … [Read more...] about Petition against South Korean government’s attempts to ban cryptocurrencies reaches 200,000+ signatures
Bank of China seeks to reinforce control of cryptocurrency trading
Chinese authorities will continue to toughen up control of cryptocurrency trading, said Pan Gongsheng, Vice-President of People’s Bank of China. According to Reuters, the words of the official are quoted in a memorandum of a government’s meeting. … [Read more...] about Bank of China seeks to reinforce control of cryptocurrency trading
Thailand’s SEC doesn’t prohibit bitcoin futures trading, but warns about risks of cryptocurrencies
The Securities and Exchange Commission (SEC) of Thailand stated that bitcoin futures trading service, offered by local brokerage firm Phillip Securities (Thailand) Plc, does not break rules. But SEC urged investors to exercise caution due to high risk of investments in cryptocurrency related instruments. … [Read more...] about Thailand’s SEC doesn’t prohibit bitcoin futures trading, but warns about risks of cryptocurrencies
Merrill Lynch bans bitcoin investments
Merrill Lynch, the brokerage arm of Bank of America, has blocked its clients and financial advisers, who trade on their behalf, from investments in bitcoin-related assets. … [Read more...] about Merrill Lynch bans bitcoin investments
Wall Street giant Goldman Sachs will launch cryptocurrency trading desk
According to Bloomberg, Goldman Sachs, one of the world's major investment banks, is going to set up a cryptocurrency trading desk. … [Read more...] about Wall Street giant Goldman Sachs will launch cryptocurrency trading desk
Litecoin, ripple and ethereum are added to Bloomberg Terminal
Since bitcoin started soaring in early 2017, it has attracted attention of individual investors and financial professionals alike. The same thing is now happening with other cryptocurrencies. … [Read more...] about Litecoin, ripple and ethereum are added to Bloomberg Terminal