Tag: digital currency

Lisk – smart money or a nail to the coffin?

Keen interest Surely, many people got interested in the project due to the upcoming rebranding, which was supposed to take place in September. Rebranding usually means changing the logo and the homepage of the project. In the past, when other cryptocurrencies were rebranding, their value would rise even by a few hundred percent in a very short period of time. This is one of the reasons why there was a significant inflow of new capital into Lisk, which made its price shoot up by over 300%. The awaited rebranding and huge price gains tempted more investors, which resulted in...

Read More

What will France’s approach to the ICO be?

According to the national regulator of the financial markets, France is seeking to draw up rules covering fund collections through the ICO. It is time to take the stand! Speaking last week in Challenges‘ business magazine, Robert Ophele, President of AMF (Autorite des marches financiers), said that his agency was seeking to formalize the Blockchain technology regulations, citing the growing interest in this technology in France. He said in a publication: We want to get a quick position on the issue. It is not entirely clear when the rules will be published. The explanation given by France may dispel...

Read More

A cashless society in Sweden?

Sweden wants to become the world’s first cashless society! It is certainly a good sign for the digital currencies that may find their niche in such a modernized market. Potential profits As many Swedish financial institutions have noted, companies do not profit from the use of cash. Money must be physically managed, which contributes only to the amount of work that entrepreneurs have to carry out. In addition, it is much more difficult for the State to control the origin of money when paying in cash. This is one of the reasons why Sweden has been pursuing non-cash transactions...

Read More

Russia may prohibit the use of cryptocurrencies

Russia seems to be changing its stance towards Bitcoin and other cryptocurrencies. Just one month earlier, we were able to see smiling Buterin signing an agreement with Russian banks on partnership with Ethereum. Now, suddenly, it seems that Russia can completely ban cryptocurrency payments. Undecided authorities Alexei Moiseev, Deputy Minister of Finance, told journalists that given the volatility of digital currency prices, risks for consumers and the possibility of incurring hacking losses, cryptocurrencies are likely to be banned. In an interview he said: No regulator doubts that payments will be banned. In my opinion, in a country where millions...

Read More

NXC takes over the Korean Korbit Exchange

The NXC media giant bought the second largest Korean cryptocurrency exchange. Korbit was sold for a substantial amount of 80 million dollars. Expansion of NXC NXC, which owns the Nexos online gaming platform, has confirmed a transaction that the local media had already mentioned at the beginning of the week. NXC has been reviewing and investing in startups with digital idea and technology and this investment was made with our positive view on the growth cryptocurrency industry. A unique opportunity The ban on digital currency trading in China has given Korea a significant advantage in the cryptocurrency market. Korean...

Read More