ADVFN CEO Says Bitcoin’s Price Will Decline to $2K Before Rising to $100K

ADVFN CEO Says Bitcoin's Price Will Decline to $2K Before Rising to $100K

The CEO of ADVFN, Clem Chambers, foresees Bitcoin declining to USD 2,000 before eventually rising to USD 100,000. Chambers says, “The blockchain will be the way of the future which will be like the internet was to the generation before. Bitcoin will probably be part of that future in the long term. Will Bitcoin go […]

Switzerland’s Stock Exchange SIX Launches Crypto Platform

Switzerland's Stock Exchange SIX Launches Crypto Platform

Cryptocurrency-friendly Switzerland has taken another step along that road with the country’s stock exchange, SIX,  announcing that it will open its doors to digital currencies, according to the Financial Times. The new platform which is being built by SIX will offer integrated post-transaction services such as deal settlement and asset custody through DLT. SIX, regulated […]

Dutch Speed Trading Firm to Trade Crypto Despite Regulator Concerns

Dutch Speed Trading Firm to Trade Crypto Despite Regulator Concerns

Amsterdam-based Flow Traders NV, Europe’s largest trader of exchange-traded funds is now going crypto, but it has turned out not to be a move recommended by the Dutch Authority for the Financial Markets (AFM), according to Cointelegraph. Flow Traders NV is reputed to be the first trader to buy and sell exchange-traded notes based on Bitcoin […]

Romania’s Crypto Development Calls for E-funds Issuance Draft Bill

Romania's Crypto Development Calls for E-funds Issuance Draft Bill

The Romanian Finance Ministry has announced the release of what it refers to as an Emergency Ordinance, which targets the issuance of e-funds in the country, writes Cointelegraph. In Europe’s second poorest nation, the cryptocurrency industry is in its early stages of development without a coherent regulatory framework and although the use of Bitcoin is […]

Petro to Fund Housing for Venezuela’s 2 Million Homeless

Petro to Fund Housing for Venezuela's 2 Million Homeless

The Venezuelan Housing Ministry is to initiate a fund to support the country’s homeless by constructing homes for them using the national cryptocurrency, the Petro, according to Cointelegraph. Minister of Housing Ildemaro Villarroel has called the project the ‘Great Mission for Venezuela Housing (GMVV)’, and to be initiated in the second quarter and financed by Petro. […]

Bermuda Prioritizes Blockchain Startups in Revised Banking Act

Bermuda Prioritizes Blockchain Startups in Revised Banking Act

Bermudian officials led by premier and finance minister David Burt have voted to amend banking laws in favor of blockchain and fintech companies. These changes to the Banking Act follow closely the Digital Asset Business Act and an initial coin offering (ICO) bill recently passed by the Bermudian government. A new class of banks The changes to the Banking Act […]