Hacking, theft, volatility, transaction delays, huge profits along with fictitious transactions, changing the views of society from unconditional acceptance to indignation and a complete misunderstanding of the essence of the process even by those involved in it - this is how something unknown and new always starts. Something that still has to grow and transform.
The beginning of strict regulation of the crypto market by the authorities of different countries, as well as price manipulation by the Bitfinex exchange and the Tether cryptocurrency company, reduced the rates of cryptocurrencies. The price of bitcoin, ethereum and ripple has fallen.
After searches that were carried out in Cherkassy, Kyiv and the Kyiv region, a large number of farms for illegal cryptocurrency mining were found. Moreover, they used electricity illegally.
In the unrecognized Pridnestrovian Moldavian Republic, on January 31, the Law “On the Development of Information Blockchain Technologies” was adopted, which officially legalized cryptocurrency mining on its territory.
Last year was quite eventful. The main thing to note is that the number of people interested in cryptocurrency has increased significantly. It's time to take stock of the main events of January.
We continue the series of publications on the legal status of cryptocurrencies in the EU zone. Today the object of our research is Greece. A country that will very soon be chosen for so-called bitcoin tourism.
On February 1, 2018, all cryptocurrency pairs were under bearish pressure. As a result, the capitalization of the cryptocurrency, for the first time in 2018, fell below the level of 430 billion US dollars. On February 2, the fall will continue.
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