Crypto Cards Are Legal in Russia, According to the Finance Ministry

Economy & Regulation Using cryptocurrency debit cards to pay for goods and services does not contradict Russian law, Deputy Finance Minister Alexei Moiseev was quoted as saying by local media. He believes these transactions are legal as the seller receives the money in Russian rubles.   Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian PM … Read moreCrypto Cards Are Legal in Russia, According to the Finance Ministry

Markets Update: Crypto Prices Drift Sideways While Traders Remain Uncertain

Market Updates A lot has changed since our last markets update as digital asset prices have been consolidating after the cryptoconomy’s last big drop in value. The entire ecosystem’s market valuation has lost about $10 billion over the last week, but stronger global trade volumes have managed to keep values afloat at current prices as … Read moreMarkets Update: Crypto Prices Drift Sideways While Traders Remain Uncertain

Market Analysis Report (17 Jan 2019)

New Binance Exchange – Trade BTC and ETH With Fiat Yesterday, cryptocurrency exchange Binance announced the launch of its newest fiat-to-crypto exchange in Europe. “Binance Jersey” is now online, and supports residents of 58 jurisdictions (not just those in Europe). The island of Jersey, which has a population of around 100,000 and is located near the coast … Read moreMarket Analysis Report (17 Jan 2019)

Clickbait Media Uses Bitcoin and Russia to Pump Headlines Again

Op-Ed In the past week or so, a number of publications, including cryptocurrency websites, but also “reputable” mainstream outlets, have given stage to a “Kremlin economist” with a bold prediction – Russia will invest billions in bitcoin to tackle U.S. sanctions, possibly triggering a new bull run as early as next month. The claim was … Read moreClickbait Media Uses Bitcoin and Russia to Pump Headlines Again

Charles Hayter Talks to Markets Media about 2019 Trends

2019-01-16 Published by Markets Media, 15 January 2019 2018 was a tumultuous year for cryptocurrencies. Crypto values tumbled, ICOs fell out of popularity, institutional traders considered dipping their toes into the market, while regulators sat up and took notice. What can we expect from 2019? More of the same, or will new developments shape the industry … Read moreCharles Hayter Talks to Markets Media about 2019 Trends

Market Analysis Report (16 Jan 2019)

European Blockchain Startup Launches Trading in Tokenized Securities Belarus-based blockchain startup Currency.com has launched a trading platform for tokenized securities. Yesterday, the firm announced that the platform would allow investors to directly trade and invest in financial instruments using the Bitcoin or Ethereum, without first converting to fiat. The platform will initially host over 150 tokenized … Read moreMarket Analysis Report (16 Jan 2019)

St. Louis Federal Reserve Predicts ‘Flood’ of Altcoins Will Drive Down BTC Prices

Economics The St. Louis branch of the Federal Reserve bank has published a report seeking to examine the long-term prospects of BTC as an investment. The paper is highly critical of bullish outlooks for bitcoin, asserting that a “flood” of altcoins will deflate the price of all cryptocurrencies relative to fiat currencies over time. Also … Read moreSt. Louis Federal Reserve Predicts ‘Flood’ of Altcoins Will Drive Down BTC Prices

Marshall Islands Updates 2019 Roadmap for Sovereign Cryptocurrency

Featured The Marshall Islands’ plan to issue a sovereign cryptocurrency, dubbed ‘the Sovereign’ (SOV), appears to be progressing, with the Oceanic nation announcing that it will work alongside Steve Tendon, a former adviser to the Maltese Office of the Prime Minister regarding blockchain policy, in developing the virtual currency. Also Read: Latin American P2P Bitcoin Markets … Read moreMarshall Islands Updates 2019 Roadmap for Sovereign Cryptocurrency