India Crypto Regulations Hopefully Finalized by End of 2018

india crypto regulations hopefully finalized by end of 2018

India has been weighing its regulations on cryptocurrency for the past few months and it seems the government will finally come to a conclusion about blockchain and digital currencies by the end of 2018, Quartz India reports. India Crypto Regulations The Finance Ministry Panel in India is still evaluating how to treat blockchain and cryptocurrencies separately. The crypto ban in the country was first announced back in early April of this year, but the country’s regulators didn’t act on anything until July. All of India’s crypto ban announcements have come…

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China’s IT Ministry Makes Blockchain, Data Security Focus of One of Its Key Labs for 2018

chinas it ministry makes blockchain data security focus of one of its key labs for 2018

China’s Ministry of Industry and Information Technology (MIIT) has included a blockchain-dedicated laboratory on the list of its key labs for 2018, published August 13. According to the ministry’s post, the lab will be dedicated to harnessing blockchain for the data security industry and IT, and will be overseen by the National Industrial Information Security Development Research Center. Earlier this month, MIIT proposed a number of measures to accelerate blockchain adoption, saying it would enhance interaction with various localities and departments, and would build a robust industrial ecosystem to allow…

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Bears for Crypto, Bulls for ICOs: 2018 Market Positive Statistics

bears for crypto bulls for icos 2018 market positive statistics

Disclaimer: This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by ICObazaar. With the first half of 2018 now past, it is poignant to look back at the last seven months of data on the Initial Coin Offering (ICO) market — an important facet of the cryptocurrency ecosystem. Some predicted that the explosion of ICOs last year — with many failures and even more scams — would lead…

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WSJ: Organized Crypto ‘Trading Groups’ Manipulated Markets to Make $825 Million in 2018

wsj organized crypto trading groups manipulated markets to make 825 million in 2018

Cryptocurrency price manipulation is largely conducted by organized “trading groups” using services such as Telegram, the Wall Street Journal claimed in a study released August 5. Unveiling the results of research into cryptocurrency markets, the WSJ suggested that coordinated “pump and dump” schemes have seen traders inflate and crash the prices of various cryptocurrencies this year. As a result, it says, such groups are generating hundreds of millions of dollars in revenue for themselves, while others get stung by losses once the groups sell off a particular asset en masse.…

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2018 Fortune 40 Under 40: Vitalik Buterin, Brian Armstrong, and More Listed!

2018 fortune 40 under 40 vitalik buterin brian armstrong and more listed

We know their names, but that’s not always enough. To appreciate the young in the world of business, Fortune, a multinational magazine, publishes its ’40 under 40′ list every year. Yesterday, the 2018 Fortune 40 under 40 list was released—and four crypto players made it. Vitalik Buterin makes Fortune 40 under 40, plus more! Crypto Makes it on the 2018 Fortune 40 Under 40 When Fortune’s under 40 rankings first started, it was to show off the giants of the dot-com boom. But things are different now, with changes being sparked by…

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