Cryptocurrency-cryptoworldnews Bitcoin 

Reserve Bank of India Quietly Opens Cryptocurrency Research Unit

Reserve Bank of India Quietly Opens Cryptocurrency Research Unit, The unit has been operational for a month and already sees an as-of-yet unnamed general manager leading it, according to the report citing two sources aware of developments at the central bank. The Reserve Bank of India (RBI) has reportedly established a new internal unit dedicated to researching and regulating new emerging technologies, specifically cryptocurrency, blockchain and artificial intelligence (AI). Holding back on a formal announcement, the RBI has discreetly formed a new unit to research and possibly supervise disruptive technologies through…

Read More
Cryptocurrency News-cryptoworldnews Bitcoin 

Cryptocurrency News: What Is Security Tokens in 2018?

Cryptocurrency News: One of the major topics of discussion in cryptocurrency at the moment is around the emergence of security tokens. Security tokens are backed by real assets such as an equity, shares of a limited partnership company, or commodities.   This was around Winter 2017 – 2018. The same time when the Securities and Exchange Commission (SEC) in the USA began focusing their attention on this new and previously unregulated form of cash. Before many other national, government authorities worldwide decided to follow suit. The opening of crypto-futures arguably…

Read More
Cryptocurrency-Cryptoworldnews Bitcoin 

Bank of America Interested In Patent for Cryptocurrency Exchange System

The patent, which specifically details how a computing device would manage blockchain encryption tags, is the continuation of a proposal for a cryptocurrency online vault storage system that Bank of America first began developing in 2014. The patent envisions a future in which cryptocurrency is widely adopted by the general public but that consumers still entrust their funds to custodians such as banks rather than maintaining their own private keys.   Bank of America, the second-largest banking institution in the United States, has filed another patent application for a system…

Read More
Bitcoin-cryptoworldnews Bitcoin 

Rejected! SEC Says No to Bitcoin Futures ETF Applications

The Securities and Exchange Commission, the regulating authority of the US, has once again decided not to allow the trading of Bitcoin ETFs. Specifically, it has rejected five proposals made by a subsidiary of the New York Stock Exchange. However, in a potential reversal of fortune, the SEC on Thursday announced that the Commission, led by Chairman Jay Clayton, will review those orders, which had originally been drafted by staff members on behalf of agency leadership. As SEC Commissioner Hester Peirce explained on Twitter, the Commission commonly delegates such rulings to…

Read More
blockchain-cryptoworldnews Bitcoin 

Canada’s Research Center Builds Ethereum Blockchain Explorer

Earlier this year, the NRC launched the Canadian government’s first live trial of public blockchain technology with the aim of building a transparent administration of government grants and contributions. At the time of the launch, the government was able to use the blockchain to publish information on “new and amended Contribution Agreements with firms in real time.” Adham says his company’s goal is to help institutions “become fully transparent” and help constituents participate in the “verification and validation of public information.” “These are early days, but NRC IRAP’s experiments with blockchain…

Read More
crypto startup-cryptoworldnews Bitcoin 

Apple Co-Founder Steve Wozniak Joins Crypto Startup

Apple co-founder Steve Wozniak announced Tuesday that he’s now working with investment-focused crypto startup Equi Capital and his interest in blockchain in general in a NullTx interview earlier this week. According to the report of cryptoworld news: Two months ago Wozniak drew parallels between the early days of the internet and the current blockchain landscape, stating that the hyped up and experimental nature of the internet space was a bubble, and I feel that way about blockchain. However, despite his previously stated views, Wozniak is now taking the plunge and becoming…

Read More
Bitcoin Price- Cryptoworldnews Bitcoin 

Crypto Market Sees Minor Drop $6 Billion as Bitcoin Price Shows Stability

Crypto Market Sees Minor Drop $6 Billion as Bitcoin Price Shows Stability, On August 17, as the price of BTC showed a rapid recovery from $5,850 to $6,400, tokens recorded massive gains in the range of 30 to 80 percent, with VeChain increasing by over 80 percent against the US dollar.   In the past 24 hours, the dominance index of BTC has increased from 51 percent to 52 percent. A one percent increase is a minor movement, but considering that the market has been overly optimistic in the short-term…

Read More
Cryptocurrency- cryptoworldnews Bitcoin 

Chinese Police Arrest 3 Suspects After Cryptocurrency Thefts Stolen US$87 Million

In February an official Chinese publication announced plans to stamp out all remaining cryptocurrency trading in the country by blocking access to overseas-based websites and removing related applications from app stores. The moves were outlined in a report by Financial News, a publication under the People’s Bank of China, which said the aim was to snuff out the “dying cinders” of cryptocurrency trading and initial coin offerings “which are glowing once more”   In March Police in the northern city of Xian began investigating when a victim surnamed Zhang complained that hackers…

Read More
Crypto Exchanges-cryptoworldnews Bitcoin 

For International XRP Payments, Ripple Picks Three Crypto Exchanges

Blockchain payments and remittance startup Ripple has picked three Crypto Exchanges to facilitate xRapid its cross-border payments solution for banks using the cryptocurrency XRP.   In an announcement on Wednesday, Ripple named Bittrex, Bits and Coin.Ph – in the United States, Mexico and the Philippines respectively – as its “preferred’ cryptocurrency exchanges to solidify its xRapid ecosystem wherein XRP will be used to facilitate payment flows between banks globally. “These exchanges allow xRapid payments to move from one currency – into XRP – and back into another currency quickly and…

Read More