Russia to block bitcoin exchange websites
Sergei Shvetsov, deputy governor of the Central Bank of Russia (CBR), stated that the Russian government aims to block access to websites that belongs to exchanges and trading platforms, which offer cryptocurrencies such as bitcoin. This was reported by an article on Reuters.
China might reinstate cryptocurrency with tight regulation
A recent editorial hinted that the Chinese government might look towards reinstating blockchain technology, but with strict regulation policies in place.
Ripple’s clientele increasing as cryptocurrency becomes normalized
Ripple has recently signed up more clients to its blockchain network, with the total now around 100. Its distributed ledger network, RippleNet, has been joined by the likes of UAE based lender, RAKBANK, and UK based currency exchange firm, IFX.
Vanuatu citizenship on sale for 44 bitcoins
The idea of buying citizenship through investment is an old one, and almost every country offers citizenship in return for a specific amount of investment. Recently, a tiny island in the Southern Pacific has made headlines with its plan to offer citizenship in return for investments in the form of digital currencies.
Japanese banks thinking to create Japan’s own cryptocurrency
The Mizuho Financial Group is leading a group of banks that are working on creating a cryptocurrency for Japanese nationals. This cryptocurrency will be called J-Coin and will be pegged to the Japanese Yen, with payments possible through a mobile app.
