Russian President Vladimir Putin Publicly Addresses Crypto, Says Practically Nothing

By | June 7, 2018

Russian President Vladimir Putin Publicly Addresses Crypto, Says Practically Nothing Russian President Vladimir Putin issued ambiguous, but mostly negative, commentary on the question of Russian issuing its own cryptocurrency during his annual live question and answer session with the Russian public today, June 7. On today’s live session with the president, known as the “Direct Line”, Russian blogger… Read More »

SEC: US Crypto Exchanges Not ‘Enthusiastic’ Enough About Regulatory Compliance

By | June 7, 2018

SEC: US Crypto Exchanges Not ‘Enthusiastic’ Enough About Regulatory Compliance The U.S. Securities and Exchange Commission (SEC) said it was “underwhelmed” by regulatory adherence among cryptocurrency exchanges in fresh comments June 6. Speaking to CNBC, Brett Redfearn, the SEC’s Director of Division of Trading and Markets, suggested exchanges that offer trading in tokens issued in Initial Coin Offering… Read More »

Study: Russians invested at least $7.5 billion in cryptocurrencies

By | June 7, 2018

Study: Russians invested at least $7.5 billion in cryptocurrencies Residents of Russia have already invested in virtual currencies from $7.5 billion to $14 billion, but this volume is still to low to create any risks for national financial system, a study says. The high volatility of cryptocurrencies could create risks for the Russian financial system, but they still… Read More »

Indonesia's 'Split Decision' Over Whether To Embrace Cryptocurrency

By | June 5, 2018

Indonesia's 'Split Decision' Over Whether To Embrace Cryptocurrency The “split decision” between Indonesia’s central bank and its futures authority regarding cryptocurrencies reveals a challenge that a number of nations will face: how to embrace cryptocurrency without the support of the banks. The Indonesian Futures Exchange Supervisory Board – known locally as Bappebti – has reportedly moved to permit… Read More »

Russian Court Annuls Previous Decision to Block Bitcoin-Related Site

By | June 4, 2018

Russian Court Annuls Previous Decision to Block Bitcoin-Related Site The City Court of St. Petersburg, Russia has overturned the District Court’s previous decision to block crypto media website Bitcoininfo.ru, local news outlet TASS reports June 4. The District Court’s judgement was handed down in July 2016 in compliance with a ban on  crypto-related information sources, as digital currencies… Read More »

Blockchain Startup Installs Crypto Point-of-Sale Devices in Indonesia Despite Regulations

By | June 4, 2018

Blockchain Startup Installs Crypto Point-of-Sale Devices in Indonesia Despite Regulations Blockchain startup Pundi X has begun rolling out its cryptocurrency point-of-sales (POS) devices in Indonesia, betting that the central bank will discard its current anti-cryptocurrency stance within three years, the South China Morning Post reported June 4. A POS terminal is an electronic device used to process card… Read More »

Indonesian Regulator Gives Green Light for Crypto Futures Trading

By | June 4, 2018

Indonesian Regulator Gives Green Light for Crypto Futures Trading Indonesia’s Futures Exchange Supervisory Board (Bappebti), a commodities market regulator under the country’s Ministry of Trade, has reportedly ruled that cryptocurrencies are commodities that can be traded on the country’s futures exchange. According to a Jarkata Post report on Monday, the agency’s market supervision chief, Dharma Yoga, has confirmed the decision… Read More »

Cryptocurrency Apps Open Financial Doors for Working Poor in Asia

By | June 4, 2018

Cryptocurrency Apps Open Financial Doors for Working Poor in Asia The popular image of a cryptocurrency user is usually that of a young middle-class, tech-savvy person opting out of the traditional working world to try and make a fortune at home on their computer or paying for an expensive coffee with an obscure app on a complicated smartphone.… Read More »

Reports: Crypto Now Considered a Commodity on Indonesia’s Stock Exchange

By | June 4, 2018

Reports: Crypto Now Considered a Commodity on Indonesia’s Stock Exchange The Indonesian Trade Ministry’s Futures Exchange Supervisory Board (Bappebti) has signed a decree to make cryptocurrency a commodity legally tradable on a stock exchange, local news outlet The Jakarta Post reports today, June 4. According to Dharma Yoga, head of Bappebti market supervision and development bureau, the Future… Read More »

Asian Cryptocurrency Trading Update: Double Figure Gains for Bitcoin Cash

By | June 3, 2018

Asian Cryptocurrency Trading Update: Double Figure Gains for Bitcoin Cash Current performing altcoins are Bitcoin Cash, XRP, VeChain, and Lisk. Many expected a reversal this Monday morning following a weekend of positive momentum but that has continued and markets are bullish at the moment. Total capitalization has been pushed back over $350 billion as $20 billion extra entered… Read More »