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
Zuckerberg will study the positive and negative aspects of cryptocurrencies
Mark Zuckerberg, the founder and CEO of the world's largest social network–Facebook–also runs his own Facebook page. A regular user, he frequently posts on his wall. These posts often include information about his daily activities, his personal life and family, outlooks on social media in general, and plans regarding the future development of Facebook platform. In the most … [Read more...] about Zuckerberg will study the positive and negative aspects of cryptocurrencies
Belarus legalizes cryptocurrency mining and transactions
Belarus has legalized cryptocurrency mining and allowed to own and exchange tokens. A decree "On Digital Economy" has been signed by Belarusian president Alexander Lukashenko. … [Read more...] about Belarus legalizes cryptocurrency mining and transactions
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
EU to regulate cryptocurrency trading
French Finance Minister Bruno Le Maire promised to call on his G20 colleagues to regulate bitcoin trading jointly, states Bloomberg. Italian authorities, according to official sources, have already expressed willingness to work side by side. The British government agrees that cryptocurrency can be used by cybercriminals, whereas Germany’s financial regulator has alerted its … [Read more...] about EU to regulate cryptocurrency trading
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