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Blockchain Could Be Set for $462 Billion Finance Industry Stake by 2030

Blockchain Could Be Set for $462 Billion Finance Industry Stake by 2030

London-based global information provider IHS Markit have estimated that the finance industry blockchain market is set to reach USD 462 billion by 2030. The value of blockchain in the financial sector reached USD 1.9 billion in 2017, according to IHS Markit’s figures but this total is set to swell significantly given the expected launch of numerous projects over the next …


24-Hour $10 Billion Surge In Crypto Market Promotes Bullish Analysis

24-Hour $10 Billion Surge In Crypto Market Promotes Bullish Analysis

The cryptocurrency market has taken a huge bounce since Friday in a 24-hour surge across the board with Litecoin being a real mover – up 30 percent, adding more than half a billion dollars to its valuation. With crypto’s hallmark icon, Bitcoin, also up 8 percent over the same period, analysts are suggesting this may be the long-awaited bull run …


Leaked SEC Comments Reveal ETF Optimism

Leaked SEC Comments Reveal ETF Optimism

The United States Securities and Exchange Commission (SEC) is in the cryptocurrency headlines again, and this time it’s another one of the regulator’s operatives that has the industry guessing. It is exchange-traded funds once more becoming the point of focus not least because of the SEC’s announcement a few days ago that it was looking for a tool to improve …


Unpacking Hostile Media Narratives About Bitcoin’s Environmental Impact

Unpacking Hostile Media Narratives About Bitcoin’s Environmental Impact

Rhetoric about Bitcoin’s environmental impact just became too much for one CCN correspondent recently, who wrote an editorial in an attempt to put the record straight; or at least bring some balance to the argument. A recent Bitcoin News article recently tried to address the same debate after the much-publicized Alex de Vries article last year in Science Direct, forecasting …


Isle of Man Introduces Sandbox to Promote Blockchain Hub

Isle of Man Introduces Sandbox to Promote Blockchain Hub

The Isle of Man has launched a blockchain office as well as a sandbox for the tech set up by the self-governing British dependency to foster the development of an international blockchain hub, as reported by FSTech. The authorities have said that the primary function of the office is “to facilitate a dialogue between businesses and regulators”, such that an …


Venezuela’s New Crypto Bill Now Law, but for How Long?

Venezuela’s New Crypto Bill Now Law, but for How Long_

Venezuela’s new cryptocurrency legal framework originally introduced by the country’s Constituent National Assembly came into force on 31 January. But will it last? The question now remains how long will the legislation hold in its current form due to civil unrest, and most importantly a possible change of power; one which could introduce a path to a more liberal attitude toward …


India Seeks External Advice on Crypto Regulation

India Seeks External Advice on Crypto Regulation

A Right to Information (RTI) report has revealed that the Indian government is seeking outside legal help in order to finalize its long-awaited cryptocurrency regulations. The Indian government is still under pressure over the cryptocurrency debate. As time moves on, it is becoming hard to see how the government will be able to hold back the inevitable tidal wave of …


Australian Regulators Pushing Crypto Into the Mainstream With Latest Move

Australian Regulators Pushing Crypto Into the Mainstream With Latest Move

Australia continues its pro-cryptocurrency stance with the country’s financial regulator, the Australian Transaction Reports and Analysis Centre (AUSTRAC) now having officially registered 246 cryptocurrency exchanges. The land down under continues to maintain its cryptocurrency profile in the global arena. The eastern state of Queensland largely leads the way with AUSTRAC issuing its latest cryptocurrency license in December to US-based cryptocurrency …


Bitcoin is Money Says Florida Judge After Court Ruling

Bitcoin is Money Says Florida Judge After Court Ruling

A Florida appeals court has overturned an acquittal that based its original decision on the grounds that Bitcoin was not actually classified as money at the time. The original decision had thrown out charges against Michell Espinoza, who sold bitcoin worth around $1350 to an undercover police detective in 2014, on the grounds that Bitcoin was not legally money, but …


Is 2019 the Year of the Crypto Bull Market?

Is 2019 the Year of the Crypto Bull Market?

How Long Will the Crypto Market Bull Sleep? Speculations about the cryptocurrency market continue to weigh heavily on the hearts of crypto enthusiasts as the market is yet to improve from the slump of 2018. The space is now left with dashed hopes, closed crypto exchanges, layoffs, hacks and a whole lot of constructive partnerships by the very few who …


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