GE Transportation joined Blockchain in Transport Alliance (BiTA). Kakao considers establishing a blockchain subsidiary and conducting an ICO. Chilean energy regulator will implement blockchain technology in the national energy grid. Fintech startup Circle acquired cryptocurrency exchange Poloniex. … [Read more...] about Crypto news in brief (March 6, 2018): General Electric, BiTA, Kakao, Chilean CNE, Circle, Poloniex
Crypto news in brief (February 21, 2018): Vitalik Buterin, Binance, PayPal CFO John Rainey, Venezuela, Petro
Ethereum founder warns about cryptocurrencies crash. Cryptocurrency market cap is around $500 billion. Binance reports 7 million registered users. PayPal CFO sees possible wide adoption of bitcoin in the future. Venezuela issues oil-backed cryptocurrency. … [Read more...] about Crypto news in brief (February 21, 2018): Vitalik Buterin, Binance, PayPal CFO John Rainey, Venezuela, Petro
Coinbase launches merchant solution accepting cryptocurrencies
Coinbase, the largest US cryptocurrency exchange, announced the launch of a new service which allows merchants to accept payments in bitcoin, bitcoin cash, ethereum and litecoin. … [Read more...] about Coinbase launches merchant solution accepting cryptocurrencies
Crypto news in brief (January 31, 2018): LINE, Samsung, Bitfinex, Tether, South Korea
LINE, a messaging app, enters cryptocurrency market. Samsung to produce cryptocurrency mining hardware. US financial regulator subpoenas Bitfinex and Tether. South Korea doesn't intend to shut down cryptocurrency trading. … [Read more...] about Crypto news in brief (January 31, 2018): LINE, Samsung, Bitfinex, Tether, South Korea
Japan increases vigilance after a massive cryptocurrency theft
Japanese authorities have cast a severe look at cryptocurrency exchanges after last week’s theft of $530 million from Coincheck. Japan’s financial regulator has announced it will take steps to inspect business practices of trading platforms to make sure they comply with proper security measures. … [Read more...] about Japan increases vigilance after a massive cryptocurrency theft
Crypto news in brief (January 23, 2018): Nordea, bitFlyer, South Korea
Nordea forbids employees from investing in cryptocurrencies. Japanese bitcoin exchange bitFlyer comes to Europe. South Korea bans anonymous cryptocurrency trading. … [Read more...] about Crypto news in brief (January 23, 2018): Nordea, bitFlyer, South Korea
SEC stands in the way of cryptocurrency ETFs
The US Securities and Exchange Commission (SEC) has blocked the way to approving several exchange traded funds (ETFs) whose assets include bitcoin and other cryptocurrencies. The regulators believe such financial products do not conform to rules, aimed at protecting ordinary investors. … [Read more...] about SEC stands in the way of cryptocurrency ETFs
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