Copper
October 29, 2018
Highlighting what went right, and what went wrong, in this week’s crypto news analysis.
In the same week that Belgium cracked down on a number of crypto-related sites, a commissioner from the CFTC spoke at a regulator’s conference in Tokyo to highlight the importance of keeping an open mind in this space. In Korea, there were hints that the ICO ban would be over soon, and in America, the Internal Revenue Service has been called on to provide more guidelines on how people should report their crypto earnings.
There have also been rumours that Bitfury is speaking with investment banks about the potential to launch a European IPO, which would value the company between $3bn-$5bn. And MasterCard are in the news, having filed a patent that flies in the face of Satoshi Nakamoto’s dream.
Below we have our weekly roundup of industry and coin specific news. If you’d like to get in touch with us about any of our products or services, we look forward to hearing from you. Just send us a note.
Latest Industry News
Bitfury eyes a $5bn IPO
The 7 year old London-based firm $450m as of March, during the height of 2017’s crypto boom
Weaker demand following market correction, and losses at chip makers, could see these IPO rumours vanish
MasterCard patent aims to centralise crypto
The aim would be to centrally store private keys, and allow pre-transaction credit checks
MasterCard’s claim is that this would drastically reduce the infamous Bitcoin ten minute wait time for processing transactions
OKex will delist 50 trading pairs
In a statement, the exchange cited poor performance as the primary reason
OKex won’t delist the tokens, just the trading pair. They said “getting listed on the exchange is not final”
Latest Coin News
BTC
Small Canadian exchange is
ETH
A stable-token,
?
Does
depend on getting rid of Infura?
XRP
Busted in Australia - man arrested for
Former
to lead Ripplenet
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