Latest news about: cryptocurrency

Philippines are going to legalize bitcoin as a security

Philippines are going to legalize bitcoin as a security

After the adoption of a regulation on cryptocurrency industry earlier this year, Philippine authorities consider the following steps to expand the use of digital currencies such as bitcoin in the country. At a press conference this week, a member of the State Commission on securities and stock market (SEC) Emilio Aquino said that the body… More

The government of Bermuda will improve cryptocurrency legislation

The government of Bermuda will improve cryptocurrency legislation

The government of Bermuda – overseas territory of the UK organized a special working group to study the issue of the use of cryptocurrencies in commercial relationships. On Wednesday at a press conference, Prime Minister David Burt and the Minister of national security Wayne Keynes said that the working group tasked with improving the regulatory… More

Deutsche Bank warns against investment in bitcoin: the causes

Deutsche Bank warns against investment in bitcoin: the causes

Deutsche Bank joined those who advised not to consider bitcoin as a good investment. In particular, the chief strategist of Deutsche Bank Stefan Ulrich has admitted that he would not recommend such an investment to investors daily. This writes Reuters, adding that Stefan explained his position by the fact that fluctuations in bitcoin’s too big… More

In Russia a plan to build a centre of mining and artificial intelligence lab

In Russia a plan to build a centre of mining and artificial intelligence lab

In Russia may receive a center for mining of cryptocurrencies Hong Kong. A few kilometers from the Russian city of Vladivostok – island Russian – may be mining farm mining cryptocurrency and artificial intelligence lab. Construction plans to start a Hong Kong company “Genesis Engineering”. A Hong Kong company “Genesis Engineering” announced plans to invest… More

Bitcoin is profitable to buy: analysts expect to rise by 40% in the near future

Bitcoin is profitable to buy: analysts expect to rise by 40% in the near future

Fundstrat increases its forecast for the exchange rate of bitcoin in mid-2018 from $6,000 to $11500. Thus, experts expect the growth of cryptocurrencies is still almost 40% from current levels. If earlier this month, analyst Fundstrat Tom Lee showed some increased cautious attitude regarding bitcoin, believing that the rally of the currency is far ahead… More