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A San Diego company brokering the sale of two multimillion-dollar homes recently announced that it would accept Bitcoin as payment, in addition to cash.  Bitcoin Has Entered the Housing Market It’s no secret that Bitcoin and other cryptocurrencies have gained immense popularity over the past year and businesses are taking note. Bitcoin, a peer-to-peer exchange system that essentially eliminates the need for banks, has seen a huge uptake with businesses adopting related features as consumer interest grows. Just under one year ago, a buyer used Bitcoin to purchase a mansion in…

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International Monetary Fund (IMF) Managing Director Christine Lagarde released a blog post Tuesday, March 13, Addressing the Dark Side of the Crypto World. In it, she argues increasing fascination with cryptocurrencies has brought along grave costs: money laundering, terrorism, and economic instability. Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining IMF Managing Director Christine Lagarde Warns of Crypto Addressing the Dark Side of the Crypto World contains Ms. Lagarde’s most pointed remarks on cryptocurrencies since her first toe-dip back in Fall of last year. Since then, however, her opinion…

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Following the attempted breach of its systems earlier this month, popular cryptocurrency exchange Binance has announced its plans to evolve its ecosystem by implementing a decentralized exchange. Binance Keeps Building Binance, the largest cryptocurrency exchange by volume, announced on Tuesday that the company is currently developing its own public blockchain for the transfer and trading of digital assets. The network will be called Binance Chain and is set to provide cryptocurrency traders of all kinds with a decentralized exchange by removing the need for a third party when holding or…

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Over the past few months, the Chicago Board of Exchange (Cboe) and the Chicago Mercantile Exchange (CME Group) have been selling bitcoin-based futures products. Predictions have been dull as most forecasts are around the $9-9.4K USD range for bitcoin derivatives using both firms’ futures data. On the other hand, crypto-derivatives trade volumes have been increasing. Also Read: Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock Up 32% Bitcoin Futures See an Increase in Volume But Crypto-Derivatives Markets Have Been Lackluster Bitcoin futures markets have seen some monotonous forecasts because they really haven’t…

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The largest search engine on the planet, Google, announced formally it will restrict advertisement of “Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice),” including aggregators and affiliates regarding “cryptocurrencies and related content.” Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining Google Crypto Ad Ban Confirmed Just days ago, these pages published “anecdotal reports of several companies operating in the initial coin offering (ICO) industry, Google is taking steps to restrict the visibility of ICO advertising on…

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This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. SINGAPORE – The World’s First Blockchain and AI-driven Marketplace from dating, courtship and marriage, Viola.AI announced today a new exciting Joint Venture partnership with MegaX, a wide and growing retail network of more than 40,000 brands with existing 5,000,000 customers — to build the future AI-driven Retail…

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Following in the footsteps of Facebook, Google has announced it will ban cryptocurrency and initial coin offering (ICO) promotional material from its ad platform. Google Cracks Down on Sketchy ICOs & Crypto Ads Alphabet Inc.’s Google explained the new policy will go into effect in June of this year, affecting its search engine, advertisements on YouTube, and and its display-ads network. Google’s crackdown is intended mainly to “prevent consumer harm” and follows Facebook, which adopted a similar policy in late January.  Google’s announcement reads: This year, we updated several policies to address…

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Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.    Also read: Excessive Crypto Regulation Not Optimal, EU Banking Authority Says Stringent Regulations Won’t Be Good Japan, a country with a proactive fintech policy, is going to urge its G20 counterparts to look into cryptocurrencies…

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While the central banks of some countries are hoping to be a part of the virtual currency revolution, the Bank for International Settlements (BIS) is concerned about the repercussions of going digital. A cashless society is definitely the way of the future, a future that some governments and banks are trying to be a part of. Central bank digital currencies (CBDCs) may be an abomination of decentralized cryptocurrencies, but it is happening. Sweden’s Riksbank is hoping to offer its e-Krona and the Bank of England has a cryptocurrency unit to…

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How many central banks are actually considering their own version of cryptocurrency is unclear, Russia and Venezuela being the most infamous examples. To perhaps ward off serious consideration from more established economies, the Bank for International Settlements (BIS), the world’s central bank to central bankers, is suggesting state-backed crypto might destabilize commercial banks’ customer deposits, negatively impacting the “efficiency of financial intermediation.” Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining Central Banks Warned About State-Backed Crypto Chairs of two BIS working groups, Klaus Löber (European Central Bank) and…

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