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
Israel to become international ICO hub, Benjamin Netanyahu sees great potential in cryptocurrencies
ISA (Israel Securities Authority), Israel's national securities regulator, has recently made supportive comments regarding the acceptance of ICOs as crowdfunding approach and cryptocurrency in general. … [Read more...] about Israel to become international ICO hub, Benjamin Netanyahu sees great potential in cryptocurrencies
Cameron Winklevoss predicts bitcoin to reach multi-trillion dollar value
Winklevoss twins have invested in cryptocurrency several years ago: in 2013 they spent $11 million to purchase bitcoins for around $120 per bitcoin. The cryptocurrency surged more than 100 times since then. … [Read more...] about Cameron Winklevoss predicts bitcoin to reach multi-trillion dollar value
Is cryptocurrency a lifeline for rogue states?
As bitcoin hits record highs, some cryptocurrency enthusiasts may find an unlikely supporter of virtual money – governments and central banks. … [Read more...] about Is cryptocurrency a lifeline for rogue states?