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Ex-Deputy Head of the People’s Bank of China: Bitcoin is the most successful commercial application of blockchain
The ex-head of the deputy head of the Central Bank, Wu Xiaolin, recognized bitcoin as one of the most successful ways to commercialize the blockchain, but noted that the asset cannot yet compete with fiat funds as a means of payment.
Coincheck user data hit the network
Information about the users of the Coincheck cryptocurrency exchange got into the network. This was written by representatives of the platform on their official page.
New cryptocurrency rules go into effect in Canada
Cryptocurrency companies in Canada are now assigned to companies that provide money transfer services and must be registered with the Financial Transaction Analysis and Reporting Center (FINTRAC). Amendments to national law entered into force this week.
Civil blockchain startup announces closure
Startup Civil, supported by blockchain venture studio ConsenSys, announced its closure. The main reason for this decision is the impossibility of the project to support itself.
Media: Western Union is preparing to acquire MoneyGram
One of the world’s largest players in the field of money transfers, Western Union Co. is preparing to acquire the system of financial transactions MoneyGram International Inc., according to a source Bloomberg.
Chinese authorities intend to terminate 64 mining farms
Chinese authorities intend to increase pressure on cryptocurrency miners in Yunnan and Sichuan provinces. The fight is aimed at farms operating illegally.
National law on cryptocurrencies will be adopted in autumn
The national law on cryptocurrencies will be adopted in the fall. The document will contain a number of fundamental requirements for the cryptocurrency market, said the head of the Financial Market Committee Anatoly Aksakov.
Ethereum Berlin hard fork launch delayed
The Ethereum 1.0 update called Berlin carries over. Initially, a hard fork was planned for the current month, but, according to the developers, at the moment it still requires modernization.
Anatoly Aksakov: responsibility for the purchase of cryptocurrencies is not provided
Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market, has denied the information that the normative acts being developed will include data on administrative and criminal liability for the purchase of cryptocurrencies.
Mark Zuckerberg: Libra will help Facebook make money on advertising contracts
Facebook’s cryptocurrency called Libra will help the social network earn on advertising contracts, said Mark Zuckerberg, the head of the site.
