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Bloomberg reports that only investors accredited in the United States will have access to the Coinbase index fund in the first stage. They must have an income of $200 thousand per year, or a total wealth of $1 million. The minimum investment amount will be $10 thousand.
Bitcoin transfer costs are currently quite low, in some cases even cheaper than Ethereum. Now the cost fluctuates around 10 satoshi per byte of information, the average transaction cost is $0.30.
Two Indian cryptocurrency exchanges, BTCXindia and ETHEXindia, said they would temporarily cease operations due to increased regulatory pressure from the government. These sites are very popular in India, and BTCXindia is also one of the first exchanges in the country to sell bitcoin.
Last month, the Bittrex exchange published its new terms of service, which will take effect on March 9, 2018.
This week, local Japanese news outlets report that class-action lawsuits have been filed against the Coincheck platform, which was hit by a hack that resulted in the theft of $530 million worth of NEM cryptocurrency.
The department proposes to create a special cryptocurrency exchange where miners could exchange digital currency for fiat currency, Interfax writes, citing Anton Kozyrev, Deputy Minister of Communications of the Russian Federation.
Israel's Supreme Court has ruled in favor of local cryptocurrency exchange Bits of Gold, issuing a temporary order prohibiting Israel's second-largest bank, Leumi Bank, from blocking the Bits of Gold exchange's transactions or bank accounts.
Boston-based Circle is buying one of the largest exchanges in North America, making it a serious competitor to Coinbase, Bittrex and Kraken. According to Fortune journalists, the transaction amount is $400 million.
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