Deputies of the Russian State Duma adopted in the second reading amendments to the Civil Code of the Russian Federation on digital rights, by which the authors of the bill, headed by the speaker of the lower house, Vyacheslav Volodin, intended to consolidate the concept of digital rights and form the basis for the development of the digital economy. “New technologies are being actively introduced into economic life both in our country and abroad, but legal protection issues remained unresolved. After the adoption of the law, citizens and legal entities will receive additional guarantees, allowing them to participate more actively…
Author: BlockchainJournal
Nexo, which offers instant cryptocurrency loans, has processed more than $ 300 million in seven months. Net profit at the same time reached $ 3 million. Nexo representatives told ForkLog. Note that during this period, 170 thousand people used the services of the company. The annual interest rate starts at 8%, which, according to Nexo representatives, is much lower than the credit card rate. […]
The software developer for the privacy-oriented cryptocurrency network Dash, the Dash Core Group, was forced to make some difficult financial decisions. So, on March 7, the company will leave 8% of the state, including the strategic director and director of business development. Reported by The Block. Note that the remaining employees of the Dash Core Group voluntarily refused wages and bonuses in order to […]
Starbucks chain of coffee shops intends to give its customers the opportunity to pay Bitcoins until the end of 2019. Realization of this idea will be possible thanks to the cooperation with the crypto-platform Bakkt developed by the operator of the New York Stock Exchange, writes The Block referring to sources familiar with the situation. Initially, Bitcoin can only be paid by Starbucks customers in the United States. To do this, they will be invited to use the software Bakkt, which will instantly convert cryptocurrency into Fiat . “Although digital assets will not appear in the statements of Starbucks, this…
Deputies of the State Duma may, during the second reading on March 5, adopt a package of bills on the digitalization of the economy, including documents on the regulation of relations in the cryptocurrency industry. As Andrei Isaev, deputy head of the United Russia faction in the State Duma, noted, during the second reading, parliamentarians plan to adopt documents on basic concepts in the field of digitalization of the Russian economy. The deputy stressed : “During the second reading, we plan to consider a very important bill that was introduced by a group of deputies led by the speaker of…
The cryptocurrency community is confident in the long term digital assets. So, the founder of Bitcoin Trade Group, who appears on Twitter as $ carface, which is one of the three leading traders of his organization, believes that the next “bullish” bitcoin market will rise in price to at least 102 thousand dollars, and at most – grow up to 336 thousand dollars. Justifying his point of view, he recalls that "whenever Bitcoin became cheaper by more than 70% compared with the peak value in the cycle, the next“ top of the head ”turned out to be 5.1-16.89 times higher…
On March 5, the main Swiss stock exchange, SIX Swiss Exchange, announced the start of trading with the exchange-traded product (ETP) based on the Ethereum cryptocurrency. Amun Ethereum ETP will trade under the AETH ticker. The annual management fee for the tool will be 2.5%. Note that ETP, in contrast to the ETF, is not subject to the Collective Investment Act (CISA) and is not controlled by the Swiss […]
The developer of the blockchain protocol Tron and the issuer of Tether's stableblocks have announced the start of cooperation, under which the USDT token will be launched in the Tron network. This writes the Cointelegraph . The USDT token of the TRC20 standard will be compatible with all protocols and decentralized Tron-based applications and is expected to “improve liquidity on the decentralized exchange (DEX) ”, and also make Tron more accessible to institutional investors. The launch of the TRC20-USDT should be held in the second quarter of 2019. We are making big steps to achieve decentralized finance with @Tether_to .…
The issuer of steblcoins Tether and the developer of the Tron protocol have announced a partnership in which the USDT token will be launched on the Tron blockchain. The new asset will join the Tether family of steblokoins on Bitcoin and Ethereum blockchains. On the @Tronfoundation blockchain. Read […]
The issuer of steablcoin USDC and the operator of the Bitcoin exchange Poloniex company Circle announced the completion of the purchase of the crowdfunding platform SeedInvest. As stated in the company's blog, the transaction, the terms of which are not disclosed, was completed after receiving the relevant permission from the Financial Institutions Regulatory Agency (FINRA). Today, after receiving approval from […]
