Cryptocurrencies Are Coming Back To A Positive Track

BTC prices have gone through a downward correction and have now bounced back above the USD 9000 threshold. Expert predicted market volatility and sell fear, but it appears that their predictions have been proven wrong. Besides Bitcoin, other Altcoins are also joining this bullish trend.  It appears that the crypto-market is experiencing a downside correction and…

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European Central Bank Says Bitcoin is Not The Answer to a Cashless Society

The European Central Bank made their stance on March 13, suggesting bitcoin to be “not the answer to a cashless society,” and also discussed their uncertainty behind the relevance of bank-issued digital currencies. Benoît Cœuré, ECB Board member, and Jacqueline Loh, chair of the BIS (Bank for International Settlements’) co-authored a paper, sighting that cryptocurrency…

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US Officials Praise Blockchains Amidst ICO Related Scams

As US security regulations fight against cryptocurrency exchanges and ICO scams, the US government reaches out to audience members at the Blockchain Summit in Washington, DC to come together and collaborate on blockchains. James Sullivan, the deputy assistant secretary of services at the Commerce Department’s International Trade Administration commented that cooperation is necessary if we…

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Russia Set to Finalize Bitcoin Regulation by July

Russia seems to be the next country on the list to pass bitcoin regulations. On 5th, March, Vladimir Putin, Russian President announced plans to put cryptocurrency regulations in place by July 2018. This regulatory action will define the future of bitcoin and all other digital currencies in the country. Talks of passing crypto regulations have…

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