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Ukraine’s Cyberpolice Supports Legalization of Cryptocurrencies

The cybercrime combating department of Ukrainian Police has voiced support for the legalization of cryptocurrencies despite sharing some concerns about them. The Cyberpolice unit also noted the need to regulate cryptos “as soon as possible”. Ukrainian parliament is yet to adopt new legislation amid mounting calls from other institutions to regulate cryptocurrencies. …

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Coinshares Group Plans to Launch New Crypto-Investment Funds

This week the firm Coinshares Group has announced two new investment vehicles tethered to cryptocurrencies. Coinshares was the first organization to launch publicly traded bitcoin and ethereum-based exchange-traded-notes (ETN), and the firm’s new funds will offer retail investors more “familiar channels” to invest in the growing digital asset economy. Two …

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Venezuela Releases Petro Whitepaper Ahead of ”$5 Billion ICO”

Venezuela’s oil-backed cryptocurrency, the petro, is a step closer to reality following the release of the official whitepaper. The eagerly anticipated document outlines the token model and crowdsale mechanism that will be used to launch the ethereum-based project in February. Having been officially signed off by president Nicolás Maduro, the …

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Mainstream integration on the cards for Ethereum

Even though Bitcoin was grabbing most of the crypto headlines last year, the whole virtual currency industry grew in leaps and bounds in 2017. Ethereum started out the year trading at about $10 and now, one year later, is sitting at just under $1,300 according to CoinMarketCap. It is currently back in second place, behind Bitcoin …

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Governments could benefit from cryptocurrencies

The world is constantly changing. People are always thinking of innovative new ways to streamline processes and to make things run more efficiently. In some cases, it’s a welcome change as the benefits are clearly evident. However, in other cases, these changes can be viewed as threatening and are met with …

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For FUD’s sake, there is no South Korea crypto ban

The 11th of January saw massive market volatility, scratching of heads and overall confusion in the crypto community as South Korea’s Justice Minister, Park Sang-ki, confidently stated that crypto trading in the country would be banned. During a press conference, Sang-ki said: “There are great concerns regarding virtual currencies and the justice ministry …

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Bitcoin’s price could triple in 2018 – Tom Lee

Bitcoin’s inherent volatility makes it a bit tricky to predict just how much it will be worth at any given time. However, financial experts can use their experience and industry knowledge to give their opinion on where Bitcoin can go from here. Tom Lee is a previous chief equity strategist from JPMorgan Chase, and …

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Bitcoin with a side of crow for Goldman Sachs

When Bitcoin went on its price binge last year, enthusiasts were happy that the somewhat unknown world of crypto was finally coming into the light. However, as Bitcoin in particularly began to reach record heights, so did the criticism. The infamous comments by Jamie Dimon dominated headlines, but other big names also …

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Bitcoin deemed non-currency in Israel

​Defining cryptocurrencies has become a bit of a word game. Are they currencies? Are they property? Are they financial assets? Some governments may not be clear on what they want to call them, but they definitely know what the don’t want to call them. Israel is the latest currency that has declared Bitcoin a …

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Binance riding the crypto wave

Binance riding the crypto wave The ongoing evolution of cryptocurrencies has resulted in the growth of associated sectors and services as well, like exchanges. This is a multi-billion-dollar industry, with Binance being a big part of it. As one of the leading exchanges, it has a trading volume of just under $4 billion at the time of writing, …

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