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The Cryptocurrency Market Cap Surpasses Half a Trillion Dollars

The combined market valuation of every cryptocurrency in the market has recently surpassed $500 billion or half a trillion dollars, because of the strong performance of bitcoin, Ethereum, and Litecoin.The combined crypto asset market cap has breached $500 Billion pic.twitter.com/v23p2uF86S— Jameson Lopp (@lopp) December 12, 2017Since earlier this week, the price of leading cryptocurrencies inclu

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What’s the Plan, Government – Bitcoin or No Bitcoin For India?

Are Bitcoin and trading cryptocurrencies legal in India? The government has not come up with a definite answer but with multiple contradicting statements over the years. When it comes to the regulation of Bitcoin and other cryptocurrencies in India, there are three most relevant authorities where the word can come from— the Government of India, the Supreme Court or the Reserve Bank of India (RBI

Russian Presidential Candidate: ‘We Will Legalize Bitcoin and Other Cryptocurrencies’

Featured A recently-announced Russian presidential candidate, Boris Titov, is a bitcoin advocate. He promises to legalize bitcoin and other cryptocurrencies if elected. Titov is friends with President Vladimir Putin and heads up his efforts to fight corruption. He has also repeatedly advocated for the legalization of bitcoin in Russia, suggesting the

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Cannabis and Blockchain – The Perfect Match

There has been a lot of progress towards the legalization of marijuana in North America.  Currently, there are 29 states and one district in the USA that has decriminalized and/or legalized marijuana either for recreational or medicinal use. Where Canada aims to be the first industrialized country to legalize marijuana from production to consumption by July 2018, to date however, there isn’

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Bitcoin Not Yet Legal Currency Says Indian Finance Minister

Indian Finance Minister Arun Jaitley has claimed that the government of India is yet to recognize Bitcoin as a legal tender in the country as of late November 2017. He did point out that the recommendations regarding the possible legalization of Bitcoin and other virtual currencies across India are being worked at by the government.In an interview with the Economic Times, Jaitley said that he has

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Zimbabwean Central Bank Considers Bitcoin ‘Illegal’

Zimbabwe’s central bank, Reserve Bank of Zimbabwe, has announced that the use of the cryptocurrency Bitcoin is not allowed in the country. The bank has already issued a warning in the past stating that investors in the digital currencies could lose their money without recourse.According to the Reserve Bank of Zimbabwe’s Director and Registrar, Norman Mataruka, the use of “Bitcoin … is not

President of Belarus Expected to Sign Decree to Legalize Cryptocurrencies

Regulation A draft decree on the Belarusian High-Tech Park which would legalize cryptocurrencies is awaiting the president of Belarus to sign into law. Among other provisions, if the law is passed, cryptocurrencies and initial coin offering (ICO) tokens will be approved for circulation. In addition, exchanges can trade rubles for cryptocurrency, ICOs

Blockchain as the Foundation for a New Banking System

Blockchain technology can be considered the most promising site for experiments in the financial sector, which will open up unlimited possibilities and solve the acute problems of banks. It is no accident that many of the largest banks continue to rely on application development platforms using blockchain technologies.The 2008 financial crisis severely undermined the global capital markets industr

Bitcoin ATMs Prompt Audit From Prosecutor’s Office of Russian Republic

Regulation In Tatarstan, a republic of the Russian Federation, the prosecutor’s office has “warned [a] businessman against violation of the law in connection with [his] installation of terminals for the exchange of cryptocurrencies.” The cryptocurrency ATMs in question had been installed in Kazan, the republic’s capital.Also Read: Exchan

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Japan’s Legalization of Bitcoin Led to Rapid Surge in Mainstream Adoption

The Japanese government’s legalization of bitcoin as a currency has led to a surge in mainstream adoption in the country, as major stores, merchants, and retailers have started to accept bitcoin payments.[embedded content]Exponential Mainstream Adoption of Bitcoin in JapanOver the past five months, some of Japan’s largest conglomerates including major budget airline operator Peach, leading ele

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