Cryptocurrency mining companies are always looking for cities, regions, or countries with cheap electricity and relatively colder climate. All that to reduce the costs of the powerful mining rigs which consume vast amounts of electric power…
South Korean Banks Are Limiting Services for Crypto Traders without Identity Verification
September 11, 2018
According to local news portals, South Korean banks are implementing new measures for crypto traders. Reportedly, they are going to limit the services offered to cryptocurrency traders and investors without identity verification. This measure comes…
The Reserve Bank Of India's Annual Report Is Out - Migration Of Crypto Exchanges Raises Concerns
August 30, 2018
RBI released its annual report yesterday, August 29 and it highlights the need to keep track of trade in virtual currencies that are turning opaque. The crypto crackdown in India might backfire, or at least…
SEC Is Reportedly Reviewing The Nine Bitcoin-Backed ETF Denials & Bitcoin's Price Surges As A Result
August 24, 2018
The cryptosphere was recently hit with the sad news that the SEC rejected nine more ETC proposals. But now, new hope is born after the US Securities and Exchange Commission revealed that it would reconsider…
Another bad news for the Bitcoin ETFs: the US Securities and Exchange Commission rejected two more ETF proposals filed by ProShares. The company has around $30 billion in assets under management and filed with the…
Thomas Zeeb, Head Of Securities And Exchanges At SIX Swiss Exchange Believes That Cryptos Are “Here To Stay”
August 21, 2018
Thomas Zeeb is the head of Securities and Exchanges at SIX, the owner of a Swiss stock exchange. He recently stated that he believes “digital assets are here to stay,” in an interview with Business…
Coinbase is one of the world’s largest crypto exchanges, and it claims to have been signing up 50,000 new customers on a daily basis back in 2017. This is what Chief Executive Officer Brian Armstrong…
Thailand chose for more lax cryptocurrency regulations, including ICOs and now increasingly more crypto companies filed applications for licenses to operate across this Asian country. In this regard, the Thai Securities and Exchange Commission reported that…
It seems that the way towards the Bitcoin ETFs becomes smoother with each passing day. At least, according to expert opinions. Brian Kelly, hedge fund manager, was invited on CNBC’s Fast Money and called Intercontinental…
Vitalik Buterin is the co-founder of Ethereum and also one of the most influential people in the cryptosphere. He publicly expressed his belief that the crypto community’s enthusiasm for ETFs is not precisely what we…