Thursday, April 25, 2024

Private digital currencies need regulation – Bank of Canada

Digital currencies such as Bitcoin will not be safe without government intervention and are likely to be counterfeited, according to a Bank of Canada. Read more: www.finextra.com

Dash Altcoin continues bull run; sets records

Bitcoin has recovered almost instantly to its regulatory speed bump, but no digital currency is making bigger waves than Dash. Read more: www.bitcoinist.com

Despite reports, India’s bitcoin policy hasn’t changed

Media sources in India reported this week that the government had deemed bitcoin illegal, causing a stir that appeared to be overblown. Read more: www.coindesk.com

BitPagos rebrands to Ripio on back of $1.9m round

Argentinian bitcoin startup BitPagos has raised $2.3m in a Series A round led by recently-established Chinese blockchain fund Huiyin Blockchain Venture (HBV). Read more: www.fintechroundup.com

SEC says “no” to Winklevoss Bitcoin ETF

The US SEC has dashed the hopes of Cameron and Tyler Winklevoss, who were hoping to create an ETF for the virtual currency Bitcoin. Read more: www.bankingtech.com

External Coin one-year anniversary

Token Hub Asia in the Philippines recently celebrated its one-year anniversary as a remittance service for altcoin, XEC. Read more: www.cryptocoinsnews.com

What corporates really think of cryptocurrencies

Blockchain may have more potential to disrupt corporate finance than bitcoin does, but that doesn’t mean cryptocurrencies are entirely ignored. Read more: www.pymnts.com

Sweden’s central bank considers digital currency use

Sweden's central bank is now considering the possibility of issuing its own digital currency, though the exact technology it will use is yet to be determined. Read more: www.coindesk.com

Chinese Bitcoin startup stops due to Central Bank concerns

A long-running bitcoin investment platform is shifting gears in light of new regulatory scrutiny in China. Read more: www.coindesk.com

OKCoin joins calls for bitcoin regulation in China

Following similar comments by fellow bitcoin exchange BTCC, OKCoin indicated that it is open to increased oversight from the Chinese government. Read more: www.coindesk.com

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