They started talking about the “Russian crypto valley” project in the Far East last year. And at the end of February, the proposal was accepted for official discussion by the Central Bank and the government of the Russian Federation. While awaiting an official decision, the region is actively taking steps to develop the crypto industry.
The growth of altcoins stopped at yesterday's highs. In the absence of purchase volumes, the price will consolidate below the resistance level
US cryptocurrency exchange Poloniex, owned by Goldman Sachs-backed financial services company Circle, has launched a trading application for mobile devices. According to an announcement published on the Circle blog, this is the only official app on Android Play and the iOS App Store supported by Poloniex.
Japanese internet company and operator of the country's most popular instant messenger, Line Corporation, today launched a new cryptocurrency exchange platform - Bitbox. The crypto exchange, operated by Singapore-based subsidiary Line Tech Plus, will allow trading of 28 cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin. The platform will support 15 languages, including Korean, Chinese and English.
Block.one, the developer of the EOS protocol, has received the backing of several major investors, including PayPal founder Peter Thiel. In a new funding round - the size of which remains a secret - Block.one has added Thiel, Bitmain, and billionaires Louis Bacon and Alan Howard to its list of investors.
Yesterday, the market saw a steady increase in crypto assets, supported by volumes. If we consider it from the point of view of confirmation of the reversal, then we can definitely say that while the price has not consolidated above the level of 6777.00 USD, the probability of updating the annual minimums still remains
Governments of many countries, and especially Georgia, note the potential of blockchain technology in tax systems. The Prime Minister's initiative to integrate technology should increase awareness about it and also bring a lot of benefits to the country.
Six months after its chief executive declared that “bitcoin is synonymous with money laundering,” Black Rock, one of the world's largest investment firms, has created a task force to explore ways to profit from the growing digital ecosystem.
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