Terry Duffy, CEO of leading United States derivative market CME Group, told Business Insider Monday, March 25, that Bitcoin’s finite amount is a challenge for regulators.
According to Duffy, the inability to run Bitcoin (BTC) on a deficit is challenging for regulation. He further explained:
"The governments can't run unless they can run on a deficit. I am trying to figure out why they would say, 'Sounds good to me, because I want to be responsible and...
Monday, 25 March 2019
Sunday, 14 October 2018
Saturday, 13 October 2018
After strangling bitcoin, India may launch its own cryptocurrency
After blowing hot and cold on bitcoin, the Indian government is considering bringing out its own cryptocurrency.
A panel constituted by India’s finance ministry might soon recommend that the country launch a government-backed cryptocurrency.
“We are evaluating the government-backed cryptocurrency and crypto-token,” said a senior government official privy to the discussions of the panel. “And we are looking to develop and encourage our own research and development of blockchain technology,”...
Singapore’s GCOX Has Announced Plans to Launch Manny Pacquiao’s Cryptocurrency
Singaporean start-up GCOX has announced its plans to launch a cryptocurrency backed by Manny Pacquiao’s popularity and fame. According to reports, the planned launch will happen either by the end of 2017 or the first quarter of 2018. GCOX’s Celebrity Cryptocurrency Tokens Global Crypto Offering Exchange (GCOX) is a Singapore based start-up that has built a blockchain-powered platform where celebrities can tokenize their popularity. The start-up has various platforms built on its own Acclaim...
Tron, Augur Surge 5% Ahead of Upgrades, $5,800 Imminent For Bitcoin?
While Bitcoin (BTC) remains bear biased, Tron (TRX) and Augur (REP) recorded solid 5 percent gains against both BTC and the US dollar.
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UK’s oldest Bitcoin exchange ousts most of its staff, blames bearish market
The cryptocurrency market’s growth has been stagnant for too long now — and businesses seem to be losing hope.
The UK’s oldest Bitcoin $BTC▲0.19% exchange desk Coinfloor is ousting most of its 40 employees, London-based Financial News reported today.
The company’s CEO Obi Nwosu told Financial News that the exchange is seeing a significant drop in trading volume across the market compelling them to make some changes. He said:
Coinfloor is currently undergoing a...
Tuesday, 9 October 2018
Saturday, 6 October 2018
Friday, 5 October 2018
Saturday, 29 September 2018
JD.com Opens Institute for Building ‘Smart Cities’ With Blockchain and AI
A division of Chinese e-commerce giant JD.com, JD Finance, has established the Smart City Research Institute at its headquarters in Nanjing, reported People’s Daily September 28.
Jingdong Group (JD.com) is a Chinese e-commerce company that focuses on new technological implementation in e-commerce, logistics, and finance. With the new Institute, JD.com aims to facilitate the development of “smart city” construction with the use of artificial intelligence (AI),...
Friday, 28 September 2018
Mongolia Central Bank Gives Permission to Issue First Digital Currency
Mongolia’s largest mobile telecoms operator has become the country’s first licensed entity to issue its own digital currency. This is according to a report by the official state media outlet Montsame Friday, September 28.
Mobicom’s financial arm Mobifinance is now clear to issue the e-currency, dubbed “Candy,” to investors, Montsame confirms. The executives have received formal permission at a ceremonial event at the Bank of Mongolia’s headquarters Friday.
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Thursday, 9 August 2018
Sunday, 29 July 2018
Ethereum's Vision for Apps Is Only Growing Bolder
Borderless, permissionless and free from coercion.
That's the dream underlying web 3.0, in which unstoppable, decentralized applications (dapps) combine with web 2.0 technology, eventually corroding the power structures that traditional infrastructures encode. But that vision hasn't come as fast as some expected or hoped, and moreover, some ethereum applications seem to even be working against that rosy vision for the future.
Outpacing CryptoKitties in cumulative volume, dapps...
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