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Crypto news

Breaking news headlines about Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and blockchain technology.

Crypto news

Sale of 50 apartments in Dubai with Bitcoin

Sale of 50 apartments in Dubai with Bitcoin

08:01 am 2018-02-14

Micheal Moon and partner Doug Barromann have announced plans to build a $ 327 million luxury apartment investment in Dubai and sell them for the electronic currency Bitcoin. The move came from Michelle, asserting that the project was Doug's passion, because he was frustrated by his inability to help the community in the digital world. The company managed to sell 50 luxury apartments in Dubai, against Bitcoin, among 1,300 properties planned for sale in electronic currency, according to a $ 325 million project called Aston Plaza and Residences. Following the announcement of the project,…

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ECB answers 4 questions about Bitcoin

ECB answers 4 questions about Bitcoin

07:38 am 2018-02-14

The European Central Bank (ECB) published an explanatory note on its website about the largest electronic currency by market value, Bitcoin, by asking 4 questions, describing it as "speculative assets". The central bank said Tuesday that the Bitcoin is a virtual currency, but "what do you mean and what do you mean?" He replied that the Bitcoin is a digital symbol, which can be electronically traded but has no physical presence. A physical existence, using mathematical equations established in its creation, and not before by one authority or organization.

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Economists: Digital currencies future financial transactions

Economists: Digital currencies future financial transactions

03:13 pm 2018-02-13

A group of economists stressed that electronic currencies are the future of financial transactions, expressing dissatisfaction with the linking of currencies in real currencies because it brings out those currencies about the meaning and purpose of its real existence. This came during the main session of the third day of the World Summit of Governments on the future of digital currencies, and was attended by Jesse Boyle, president of the Cracow Digital Currency Exchange, and Kian Wen Wong, president of the NEM.io Foundation, and Lawrence Wentermayer, head of ELIPSIS. They agreed that there was no reason to…

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European authorities warn investors of BitCoin

European authorities warn investors of BitCoin

10:00 am 2018-02-13

European authorities have warned investors against dealing in electronic currencies, stressing the risk of investing in them, following the collapse of the price of those currencies, especially the "Bitcoin", in the past two weeks. The European Securities and Exchange Commission said in a statement on Monday that electronic currencies confirm day after day that it is just a bubble that will explode over time, and warned against trading. She said that the blockchain is spreading beyond the financial transactions and reaches the trace of diamonds to remove the contaminated food from the shelves of stores,…

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Central Bank of Japan: Bitcoin Wont affect in yen

Central Bank of Japan: Bitcoin Wont affect in yen

09:30 am 2018-02-13

Japan's central bank President Haruki Kuroda said that electronic currencies would not threaten the country's official currency "yen" and would not threaten legal tenders because they are used in speculative trading rather than payments. In his speech to the Japanese parliament on Tuesday, Kuroda said the central bank is closely watching e-currency developments to ensure that they do not diminish the credibility of security related to settlement systems. The Reuters news agency published remarks by the head of the central bank, in which he confirmed that the electronic currency "Bitcoin" and its equivalent of those…

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The Russian Ministry of Communications offers its latest proposal to regulate the electronic currency market

The Russian Ministry of Communications offers its latest proposal to regulate the electronic currency market

09:02 am 2018-02-13

The Russian Ministry of Communications proposed, if approved, a law that would provide a capital requirement for e-currency regulators. The ministry's proposal to the government, which the Romanian media reported last week, seeks to implement a series of requirements before giving any activity to the digital currency trading offices in the country. One of the main elements of this proposal is that the organizers of these offices will have at least 100 million rubles, ie, $ 1.73 million, of authorized capital, registration as a legal entity within Russian territory and the availability of bank accounts from licensed…

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Analysts at JPMorgan: Electronic currencies help investors diversify their portfolios

Analysts at JPMorgan: Electronic currencies help investors diversify their portfolios

08:27 am 2018-02-13

​Analysts at JPMorgan said that electronic currencies could one day help investors diversify their equity and bond portfolios. The Bank's Global Research Unit prepared a new 71-page research report on technology, Digital Decoding: Technology, Applications and Challenges, dated February 9, to explore the impact of investors, financial companies and central banks on electronic currencies. Analysts predict that if past returns continue, volatility and correlations in electronic currencies will diversify the global bond and equity portfolio over the next few years. If the blockchain technology continues to survive in the near future, turning into a…

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President of the Nasdaq warns of trading bitcoin

President of the Nasdaq warns of trading bitcoin

07:42 am 2018-02-13

NASDAQ chief Adina Friedman warned against continued surveillance and indifference in electronic currency trading. "These currencies are not subject to any law or natural logic to rise or fall," Friedman said at a key session of the sixth session of the World Summit for Governments entitled "How to Run a $ 7.45 trillion Financial Market". She added that the situation in the US markets is still a warning against electronic currencies, pointing to the possibility that these markets take a position of opposition, and pressure on regulators to tighten control of such currencies, which happened…

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UAE Exchange is partnering with Ripple to provide Instant International Payments

UAE Exchange is partnering with Ripple to provide Instant International Payments

05:39 pm 2018-02-12

One of the largest money transfer and exchange companies in the UAE and the Middle East, entered into an agreement with fintech giant Ripple to start dealing with the electronic currency, the first Arab company to make cross-border payments using Blockchain technology. The United Arab Emirates is one of the first electronic remittance operators in the Arab region, and the UAE Exchange has become the latest partner of Ripple in San Francisco. Emirates Exchange has become a member of RippleNet, the company that oversees more than 100 members of banks and financial institutions. Speaking…

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IMF: Subdue the Bitcoin to government regulation is a matter of time

IMF: Subdue the Bitcoin to government regulation is a matter of time

09:40 am 2018-02-12

IMF Director Christine Lagarde said the process of subjecting digital currencies to government organizations was inevitable, stressing that the move was only a matter of time and would be implemented, and that the Fund had begun to study the matter. Lagarde said in a statement to CNN on the sidelines of the World Summit of Governments in Dubai on Sunday that the International Monetary Fund wants to prevent the use of electronic currencies in dark processes such as tax evasion, money laundering, arms trade Drugs, as well as terrorist operations, because this will naturally affect the global…

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