Despite some governments’ efforts to play down the importance of cryptocurrencies, Japan legalized bitcoin as a legal payment method in April 2017. There’s been a lot of progress since then. Read More… about Bitcoin adoption grows rapidly in Japan
Australia-based startup Power Ledger, a platform for peer-to-peer energy trading, successfully raised 34 million USD through ICO in September-October 2017. Since then the company announced a number of significant partnerships and development plan updates. Read More… about Power Ledger to become a strong player on energy market
A small Paris-based asset management firm TOBAM (~ $9 billion of assets under management) announced on 22 November, 2017 that it had launched a bitcoin mutual fund, the first of its kind in Europe. The fund has been approved by France’s financial regulator, the Autorite des Marches Financiers (AMF), and is classified as an alternative investment fund. Read More… about French asset management company TOBAM launches bitcoin mutual fund
American Express, a financial services provider, announced that its FX International Payments (FXIP) division will use Ripple blockchain to provide real-time, trackable non-card payments between US and UK corporate customers who do banking in Santander UK. Read More… about AmEx will use Ripple blockchain for business payments
Mike Novogratz, the former hedge fund manager at Fortress Investment Group, believes that institutional investors will adopt bitcoin in about six to eight months. Read More… about Seasoned investor Novogratz predicts rapid bitcoin adoption by institutional investors
Australia has taken a lead among countries that are most open to cryptocurrency adoption. Read More… about Australia is among leaders in bitcoin adoption
Helder Rosalino, a member of the board of directors at the Portugeese central bank, told media outlet Economia Online that the Bank of Portugal regards cryptocurrencies, like bitcoin, with caution and concern.
Prepaid cards, backed by cryptocurrency payment platform Monaco, will soon be available to Singapore residents. The company has recently received approval from Visa, the world’s largest payments network. Read More… about Monaco partners with Visa, will launch prepaid card for Singapore residents