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

Read more

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

Read more

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”

Read more

Latest Coin News

BTC

• Price Analysis
• Daily volatility
• Small Canadian exchange is

ETH

• Price Analysis
• A stable-token,
• ?
• Does
• depend on getting rid of Infura?

XRP

• Price Analysis
• Busted in Australia - man arrested for
• Former
• to lead Ripplenet

Don’t forget to sign up for our weekly newsletters using the form on this page to receive these gems direct to your inbox every Monday morning.