Bitcoin

As part of a global expansion, the South Korean bitcoin exchange Bithumb will launch a platform targeted at Russian-speaking users. This was reported in the press release of the company. “Russia is one of the largest economies in the world and an important investment market. Many Russian bitcoin investors have been working on the cryptocurrency market since the first years of its existence. Therefore, Russia became one of the first countries with which we started our […]

The Ministry of Finance of the Russian Federation is considering the possibility of dividing cryptocurrencies into three types for their further regulation. This was announced by Deputy Minister of Finance Alexei Moiseev, writes RNS. A new approach to regulation was developed during a panel discussion of the Russian Union of Industrialists and Entrepreneurs. “It is possible to divide cryptocurrencies into three types: technical tokens that occur to maintain the functioning of the system, virtual assets, then […]

One of the largest banks in Germany, Bayerische Landesbank (BayernLB) published a study in which it predicted the price of bitcoin in 2020 based on the ratio of reserves and growth and models of Seyfedin Ammus and the popular analyst Plan B. Is Bitcoin outshining gold? @Saifedean introduced the stock-to- flow approach to Bitcoin. It serves to quantify the “hardness” of an asset. We took the […]

The Venezuelan government uses cryptocurrencies “for free national and international payments,” Bloomberg reports citing President Nicolas Maduro. According to Maduro, the new tools of the Ministry of Finance and the central bank will soon allow everyone to carry out banking operations, including international payments. “Venezuela is already working in the cryptocurrency world,” Maduro summed up. Last week, it became known that the country's central bank is exploring the possibility of inclusion […]