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    Venezuelan Government Opens School to Teach Citizens About Cryptocurrencies

    The Venezuelan government has opened a school in the capital city to teach its citizens how to buy, sell, and mine cryptocurrencies, including courses on the nation’s oil-backed currency, the petro. Meanwhile, President Nicolas Maduro has approved resources for universities across the country to establish mining farms. Crypto School in Caracas The Venezuelan government has […]

    Facebook Bans Cryptocurrency Ads

    Following persistent complaints about spammy and fraudulent cryptocurrency ads, Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure […]

    Russia’s Longest-Serving Finance Minister Backs Crypto “Self-Regulation”

    between the Central Bank of Russia and the Ministry of Finance working together on the new legislation. At times their cooperation looks more like an argument over several aspects of the law. Kudrin’s comment came with the announcement that “Minfin” and “Centrobank” have reached agreement to legalize initial coin offerings but remain diametrically opposed on […]

    May, Lagarde, Mnuchin: World Leaders Are Talking Crypto at Davos

    World leaders have struck a cautionary tone on cryptocurrencies in statements made during the World Economic Forum (WEF) event in Davos, Switzerland. From the Prime Minister of the U.K. to the Treasury Secretary of the U.S., the event has seen a number of notable figures make remarks on both cryptocurrencies like bitcoin as well as […]

    Canadian Financial Service Versabank Launches Digital Asset Vault

    The well known Canadian financial institution Versabank has announced it is in the midst of building a new vault initiative for customers so they can securely store digital assets. Versabank’s latest creation will be called, ‘Versavault,’ a platform focused on storing all kinds of digital properties including cryptocurrencies, but with the security and trust that comes […]

    3,000 Metric Tons of Wheat Was Recently Traded for Bitcoin

    Cryptocurrencies are slowly becoming mainstream when it comes to settlement for all kinds of goods and services. Just recently the first known freight consignment was settled in bitcoin as the deal consisted of 3,000 tons of wheat from Rostov that was sent to Turkey. Bitcoin Used In the Freight Industry Last month bitcoin was used […]

    Estimate: Crypto Investments in Russia Reached $200 Million Last Year

    Cryptocurrency investments in Russian startups have increased 10 times in 2017 when entrepreneurs set in motion more than 100 crypto-funded projects, according to a new estimate. Ordinary working people, however, remain wary. Only 8% of them would like to see their salaries paid partially in crypto. Nevertheless, Russians are optimistic about bitcoin and most of […]

    Trend Analysis Reveals the Most Loved and Hated Cryptocurrencies

    For investors trying to predict market movements, the more data that can be analyzed the better. Trend analysis and fundamental analysis are a starting point, but there are other clues scattered across the web which lie outwith conventional search parameters. One of these, social analysis, involves discerning the general sentiment towards cryptocurrencies on public networks […]

    Commission Income From Crypto Accounts Jumped 36 Times for South Korean Banks

    South Korean banks have been providing virtual account services to cryptocurrency exchanges and earning commissions from them. According to data obtained by the country’s Financial Supervisory Service, banks made 36 times more in commission income from crypto exchanges last year than the previous year. Banks Earned 36x More From Crypto Accounts The Korean Financial Supervisory […]

    Hardware Wallet Maker Ledger Nets $75 Million in Series B Funding

    Ledger, the France-based maker of hardware cryptocurrency wallets, has raised $75 million in Series B funding. According to an announcement today, the new round was led by the U.K.-headquartered investor Draper Esprit, and also included Draper Venture Network, FirstMark Capital, Cathay Innovation, and Korelya Capital. Existing investors such as CapHorn Invest, GDTRE and Digital Currency […]