One of the largest social media platforms in the world, Chinese-based WeChat, has banned cryptocurrency trading on its platform.
#bitcoin#cryptocurrency#WeChat#China
Québec, the resource-rich Canadian province, has made up its mind about cryptocurrency mining. An additional 300 MW of energy will be allocated to power the minting of digital coins, a move that local officials hope will make Québec one of the major forces in the industry.
A new study reveals surging investments in cryptocurrencies by institutional investors, with almost half of them viewing crypto assets as having a place in their portfolios. Source : Fidelity Investments
#bitcoin#cryptocurrency#investment
Guests at one of Switzerland’s top five-star hotels will be able to pay for services in bitcoin starting today.
The Dolder Grand announced April 2 that it would begin accepting the cryptocurrency for room reservations. #bitcoin#switzerland#bitcoinadoption#hotels
Data from monitoring resource https://t.co/7kQzltZIiL shows total volumes in Venezuela on Localbitcoins reached 35.9 billion sovereign bolivars (VES) for the week ending April 27. That number marks the highest in history according to the site’s records.
#bitcoin#venezuela#trade
Finland’s president has approved a law to regulate cryptocurrency service providers including exchanges, custodian wallet providers, and issuers of cryptocurrencies. The law will enter into force next week.
#bitcoin#cryptocurrency#Finland
Lightning Labs, one of the largest bitcoin companies behind the upcoming scaling technology lightning, has released its first desktop app on the bitcoin blockchain.
#bitcoin#cryptocurrency#lightningnetwork#crypto
Japan has prepared a “manual” of cryptocurrency regulation proposals that it will hand out to G20 leaders and international financial chiefs.
#cryptocurrency#japan#G20
Winner of 23 Grand Slam singles, Serena Williams, recently took to Instagram to reveal her newly launched investment firm, Serena Ventures, where she laid claim to investing into over thirty companies that includes Coinbase, a U.S.-based cryptocurrency exchange.
#serenawilliams
President Donald Trump’s proposed remittance tax, which would levy additional fees on money being sent outside of the United States in an effort to curb immigration, could have the end effect of driving cryptocurrency Adoption.
#bitcoin#Trump#cryptocurrency#tax#UnitedStates
India’s central bank, the Reserve Bank of India (RBI), has unveiled its framework for a fintech regulatory sandbox. While blockchain and smart contracts are welcomed, the bank stated that cryptocurrency and related services “may not be accepted for testing.”
#RBI#fintech#Crypto
Afghanistan and Tunisia are planning to issue sovereign bonds in bitcoin to fund infrastructural developments, reported Asia Times from IMF’s Springs Meetings summit.
#bitcoin#cryptocurrency#Afghanistan#Tunisia#IMF
Major cryptocurrency exchange Binancereported $78 million in profits in Q1 2019, up 66% compared to the previous quarter, cryptocurrency news outlet The Block reports on April 16.
#bitcoin#cryptocurrency#Binance#trading#trade
New York State’s financial regulator has ordered Bittrex to cease operating in the state after rejecting its application for a Bitlicense. Multiple deficiencies were cited, some of which Bittrex immediately disputed.
#cryptocurrency#newyork#Bittrex#Bitcoin#trade