Month: February 2018

An increasing number of Hong Kong-based cryptocurrency traders are reportedly turning to U.S.-based bitcoin futures. The shift away from domestic markets has been spurred by a perception that the American futures markets receive greater regulatory oversight than Hong Kong’s unregulated cryptocurrency exchanges. Also Read: Bank of Thailand Bans Banks From Cryptocurrency Activities Demand for Exposure to U.S. Bitcoin Futures Markets Surges Among Hong Kong Traders The chairman of the Hong Kong Stockbrokers Association, Gary Cheung, told South China Morning Post that local futures brokers have reported an increase in trading activity…

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Citibank India notified debit card and credit card clients via email on the 13:th of February they would no longer be able to participate in cryptocurrencies such as bitcoin. Citing regional and global concerns from regulators, the over a century old institution is following a growing number of traditional banks in cutting off access to the decentralized currency.   Also read: Internet Pioneer Who Influenced Assange & Snowden Dead at 70 Citibank India Bans Bitcoin “Given concerns,” Citibank India informed its customers in an email Tuesday, “both globally and locally including…

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Malaysia’s central bank, Bank Negara, is set to release a “concept paper,” calling for the public to decide the fate of cryptocurrencies in the country, according to a recent report. Bank Negara governor Muhammad Ibrahim is said to have assured the bank will neither ban nor recognize cryptocurrency, and that the paper will be finalized in February. Also read: Internet Pioneer Who Influenced Assange & Snowden Dead at 70 Malaysia Lets Public Decide At the 40th anniversary dinner of Harvard Business School Alumni Club of Malaysia, Bank Negara governor Muhammad Ibrahim…

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Asset tokenization is the new trend of 2018. It’s now rapidly becoming a widespread instrument all over the blockchain world. More and more people are engaging in developing and using this technology. The reason behind is the fact that tokenization has become an ideal instrument for digital assets and new rapidly growing markets. On the 6th of February, BANKEX’s MediaToken project launched the service that is going to enable tokenization of Instagram accounts as well as the capacity to profit from future advertising on the account. Turismospain was the first…

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A recent study has revealed Litecoin to be the second most adopted means of payment among dark marketplaces. The study also indicated a significant increase in adoption of Monero among English-speaking platforms. Also Read: South Korean Prosecutor Fights to Confiscate Bitcoins from Criminal Proceeds Dark Marketplaces Increase Altcoin Adoption The study, conducted by Recorded Future, involved the analysis of 150 leading dark web “message boards, marketplaces, and illicit services” in order to ascertain the scale of alternative cryptocurrency adoption on the part of criminal entities in response to rising bitcoin fees.…

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