Jul 07, 2018 at 10:36 // News lldemaro Villarroel, minister for Habitat and Housing, disclosed that the government of Venezuela is preparing to use its oil-backed crypto, the Petro, in order to finance the construction of villas. The villas will be funded as part of Venezuela's housing project "la Gran Misión...
The cryptocurrency market has dropped by over 70% since the start of the year, but the world’s largest crypto exchange is still expected to rake in a hefty profit.
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Economy & Regulation A draft ordinance aiming to regulate the issuance of “electronic money” has been presented in Romania. The document authored by the Finance Ministry specifies the entities that can act as issuers and clarifies the conditions under which e-money can be emitted. While it does not specifically mention...
Cryptocurrency exchange Gemini Trust Company, LLC (Gemini) has announced that former Chief Information Officer of the New York Stock Exchange (NYSE) Robert Cornish has joined the company, according to a press release published July 6. Cornish will join Gemini, which was founded by the Winklevoss brothers, as its first-ever...
Economics In recent Chinese cryptocurrency news: a prominent scholar has advocated that China adopt a permissive regulatory apparatus, drawing influence from Japanese and U.S. legislation. Research conducted by the International Monetary Institute at Renmin University of China has estimated that the number of Chinese bitcoin investors exceeds 3 million, and...
News This week one of Europe’s largest speed trading platforms and exchange-traded fund (ETFs) dealers, Flow Traders NV, announced the firm is entering the cryptocurrency space by offering bitcoin and ethereum exchange-traded notes (ETNs) to its clientele. Also read: Switzerland Considers Granting Crypto Businesses Access to Banking Services Speed Trading Platform Flow Traders...
The Gemini cryptocurrency exchange has announced that it has hired its first chief technology officer. Robert Cornish previously served as the chief information officer at the New York Stock Exchange.Gemini Poach Talent from Traditional Asset SectorIn a statement reported by Bloomberg, the Gemini digital asset exchange platform have announced...
News According to a Chinese language Economic Daily News report, graphics cards and ASIC mining systems are expected to see a short term surge in orders from the crypto mining sector in Sichuan province, where reportedly over seventy percent of the mining systems are located in China. Sichuan province has...
Mining Tempers are flaring in Quebec, as its climate and relatively cheap electricity have made it a magnet for the burgeoning cryptocurrency mining industry. The provincial government and its energy concern, Hydro-Quebec, have been accused of playing favorites to the likes of mining giants such as Bitmain. Also read: Troll Slayer:...