Cryptocurrency News: Riot Blockchain to Start US First Cryptocurrency Exchange (Express.co.uk)
The Castle Rock company (Nasdaq: RIOT), which started out life as a medical device company but is now dedicated to Blockchain technologies, said it was set to buy Logical Brokerage Corp of Miami for an undisclosed price. John O’Rourke, chairman and CEO of Riot Blockchain, said: “We have identified a substantial market need for additional options to serve a growing customer desire to transact in digital currencies within the U.S. “Logical Brokerage helps provide a platform from which to service this market.”
Cryptocurrency 2.0: AML BitCoin vs. The Bitcoin Elite (GlobeNewswire.com)
Washington, DC, Feb. 07, 2018 (GLOBE NEWSWIRE) — Bitcoin prices are falling fast. Governments are banning digital currencies and exchanges. Hackers and rogue nations such as North Korea are plundering digital accounts, stealing billions of dollars for their nefarious aims. Facebook and others are banning cryptocurrency advertising. Banks and credit cards are terminating bitcoin transactions. The digital currency world is in turmoil and it is hard to comprehend how this world has changed so drastically in less than two months.
Here’s How the Cryptocurrency Market will Recover (Mashable.com)
In the past month or so, bears have ruled the cryptocurrency market. You may not think that’s a very long time, but given how fast the cryptocoin market moves, this is not some temporary flash crash. It’s a hefty correction that threatens to turn into a bear market, akin to Bitcoin’s slump in Jan. 2014, when price went down for about a year before they started rising again. At roughly 137 billion dollars, Bitcoin is still the largest cryptocurrency by market cap, and it’s still leading the market; when Bitcoin experiences a big drop, other coins follow. But why is the price of Bitcoin going down? Well, the factors are numerous, and they start with tremendous growth Bitcoin has experienced in the last year or so.
Taiwan Could Regulate the Cryptocurrency Market in the Future (UseTheBitcoin.com)
Cryptocurrencies are having a deep impact in countries and in the daily life of millions of individuals around the world. The market increased drastically during 2017 and this could have important consequences in different countries. Indeed, Japan’s GDP increased by 0.3% just because of the cryptocurrency rally. Other countries like Taiwan, are searching ways to reduce the risk to financial stability. Taiwan May Implement Bitcoin Regulations: The cryptocurrency market was in a downtrend that called the attention of many governments all over the world. Many individuals are taking mortgages and incurring in debts in order to invest in a market that is highly volatile. In Taiwan, the cryptocurrency market has a big impact on the society. That’s why, a senior official has commented that they are preparing regulatory policies for the cryptocurrency market.
Ripple Partners With LianLian to Power Instant Payments to China (The-Blockchain.com)
Hong-Kong-licensed money service, LianLian International will use Ripple’s enterprise blockchain solution, xCurrent, to process real-time cross-border payments into China, the company announced today. “Cross-border payments related to China’s e-commerce market reached USD 1.07 trillion in 2017. There is a huge opportunity to make these payments quicker and more cost-efficient,” said Emi Yoshikawa, Director of Joint Venture Partnerships, Ripple, in a statement. “With RippleNet, LianLian will now be able to provide merchants and consumers with on-demand payments, which they weren’t able to before. We look forward to connecting other RippleNet members to LianLian.”