“A panel formed by the government to look into crypto-currency does not seem to be in favour of banning it. Instead, it may suggest allowing crypto-currency with riders, ETNow reported quoting Cogencis. ”
“Residents of the Swiss city, Zug, will use the city’s eID system to vote using their smartphones this month as part of a blockchain based voting test.”
Read more: https://www.ccn.com/switzerlands-crypto-valley-set-to-test-blockchain-voting/
“Hypothekarbank Lenzburg announced this week it was accepting cryptocurrency related businesses as account holders, something many legacy financial institutions outright refuse.”
Read more: https://news.bitcoin.com/switzerland-shows-the-way-bank-first-to-offer-crypto-business-accounts/
“The Bank for International Settlements just told the cryptocurrency world it’s not ready for prime time — and as far as mainstream financial services go, may never be.”
“Even though the 87 examples account for less than 1 percent of the time period examined, they amounted to about 50 percent of Bitcoin’s compounded return over that year.”
“Lawyers argue the CFTC has no authority over the virtual currency because it is not a commodity like wheat or cotton or a service that is traded using futures contracts, the typical focus of the agency’s enforcement regime.”
“‘We are not going to do any violence to the traditional definition of a security that has worked for a long time,’ U.S. Securities and Exchange Commission Chairman Jay Clayton told CNBC Wednesday.”
“WikiLeaks has called for a ‘global blockade’ of Coinbase, after the world’s biggest bitcoin brokerage banned the whistleblowing organisation’s online store from using its service.”
“The ultimate goal of countries like Venezuela, Iran and Russia seems to be to create a parallel financial system under a new alliance of nations.”
Read more: https://moneyandmarkets.com/iran-russia-launching-cryptos/
“The Norwegian and British reports come approximately one week after U.S. Federal Reserve governor Lael Brainard expressed her opposition to the suggestion of central bank-issued cryptocurrencies.”
Read more: https://news.bitcoin.com/norway-and-england-contemplate-central-bank-issued-cryptocurrencies/