Petro cryptocurrency is to receive an official status of the Venezuelan second official currency, which is believed to be a tool for overcoming economic difficulties.
The proposed draft defined ICO as a legal and innovative crowdfunding technique willing to oblige to certain security rules that are expected to decrease fraudulency.
Ripple Labs get relief in one of the latest lawsuits from the District Court of California, while the company doubles-down on its expansion plans in Asia and the Middle East.
Brian Kelly says that the market is still not ready for Bitcoin ETFs and that he doesn’t see that coming until the end of 2018.
The U.S. SEC will be analyzing ETFs from SolidX, VanEck, ProShares, and others within the next two months. If get approved, institutional investors can enter the market and facilitate the growth of the most important cryptos prices.
The crypto market sentiment has been severely driven down after the rejection of CBOE Bitcoin ETF, the ripple effect of which is spread all over.
Bitcoin declines by over 6% in the last 24-hours while the overall cryptocurrency markets lost over $20 billion.
The wealth managing firm believes that SEC will take all its time it can, instead of falling for the market euphoria, and extend the decision till March 2019.
The Japanese Virtual Currency Exchange Association wants to become a certified business association. A detailed proposal has been already submitted.
The launch of crypto-custody service by Goldman Sachs will help to instill more confidence among investors and may even drive big players to participate in the cryptocurrency market.
Korea’s biggest crypto exchange UPbit came out clean in audit after local authorities’ raid, proving the solvency of the exchange.
Coinbase has renewed its money transmitter license in Wyoming, marking a long-waited return since being pulled out from the state three years ago.