Bitcoin value breaks records at US $6,400

China’s cryptocurrency crackdown and US Securities and Exchange Commission’s declaration of digital tokens as ‘securities’, has not slowed down the rate at which Bitcoin and other cryptocurrencies are appreciating in value, as the Bitcoin price has just reached its new record-breaking high of $6,400.

Cryptocurrency trading platform Nova Exchange is closing down

On October 30th, one of the oldest and most popular cryptocurrency trading platforms, Nova Exchange, announced that they were shutting down for a period of time. The Sweden-based cryptocurrency exchange claims that it will be making major upgrades to improve its operations, enabling it to better handle scaling, stability and security.

Gold-i launches “Crypto Switch” – a bridge for MetaTrader 4/5 brokers

In the beginning of the year, MetaTrader technologies provider, Gold-i, launched Gold-i MAM Pro and Gold-i Visual Edge. The firm continued the expansion of its portfolio of solutions for brokers that are using MetaTrader 4/5 with the launch of another cryptocurrency solution, called Crypto Switch.

UK Treasury declared cryptocurrencies as low risk for funding terrorism

In the recent HM treasury paper, digital currencies were declared to pose a “low risk” when it comes to concerns about the financing strategies of terrorist groups. According to the report, the UK’s economic and finance ministry believes that cryptocurrencies do not play a substantial role in funding terrorist activities.

Catalonia to launch digital currency and e-residency program

According to Spain’s leading newspaper El Pais, Catalonia is using Estonia’s e-residency as a model for its own launch. Catalonia has the largest number of entrepreneurs working with digital currencies. The e-residency program is useful to Catalonia as the program has no borders.