Cryptocurrency Businesses Are Now legal in Belarus

(March 29th, 2018) - Belarus is one of the most crypto-supportive countries in the world. The government has taken several measures in order to allow virtual currency and blockchain investments to freely expand in the European country. Now, a presidential decree titled “On the Development of the Digital Economy,” and released on march the 28, considers crypto-related activities as legal.


Romania Establishes Its First Blockchain Organization

(March 29th, 2018) - Romania’s blockchain space is starting to see some movement, because as of now the country has its first blockchain organization, the United Blockchain Association of Romania.


Texas Mayoral Candidate Choosing Cryptocurrency Over Taxes

(March 29th, 2018) - A mayoral candidate in the Texas city of Lewisville is campaigning to raise funds for the city’s police force with cryptocurrency. Four-time mayoral candidate Winston Edmonson has proposed the launch of a municipal cryptocurrency in the city of Lewisville as a means of funding the local police force without raising taxes.


Russian Hotels to Surprise World Cup Fans with Bitcoin Payments

(March 29th, 2018) - Football Fans will be able to pay with bitcoin for their accommodation when they visit Russia for this year’s World Cup. Hotels in Kaliningrad, expecting guests from eight countries, are partnering with a local payment provider to offer the service. Booking a room for the day when England plays Belgium will cost approx. $300 in fiat.


Bitfinex Exchange Will NOT Support Venezuela’s Cryptocurrency Petro

(March 29th, 2018) - Bitfinex, which is one of the largest cryptocurrency exchange in the world in terms of total volume of transactions conducted, has issued a statement today saying that their currency would not accept or support the Venezuelan cryptocurrency, the Petro, on their platform.

Source: ZyCrypto

‘All Hell Will Break Loose’: Abra CEO Predicts Bitcoin Price Boom Will Return This Year

(March 28th, 2018) - Mainstream financial analysts might be fixated on Bitcoin’s so-called “death cross” and what it might mean for the flagship cryptocurrency moving forward, but Abra CEO Bill Barhydt believes that another rally is just around the corner.

Barhydt, who once designed trading systems for Goldman Sachs, told Business Insider that hedge funds and other institutions are beginning to see cryptoassets as a “huge opportunity” and that “all hell will break loose” once they begin investing in the nascent markets.


South Korean Exchange Bithumb to Make Cryptocurrencies Available at 8,000 Shops

(March 28th, 2018) - Cryptocurrencies keep expanding around the world with the help of the most important players in the market. Now, Bithumb, one of the most important cryptocurrency exchanges in South Korea, announced a partnership with a mobile payment service provider known as Korea Pay Services. The main purpose of the partnership is to make cryptocurrencies available in over 8,000 stores in the country.


Pillar Project’s 2018 “Woodstock of Crypto” Set to Attract Over 500 Blockchain Entrepreneurs and Technologists

(March 28th, 2018) - Swiss-based The Pillar Project will hold its second annual “unconference” in Lithuania between July 15 and 22, 2018. The non-profit is developing an advanced cryptocurrency and token wallet and anticipate at least 500 attendees to its open event focusing on e-commerce tools and infrastructure for the Pillar Wallet platform.

Source: CoinJournal

Germany’s Tourism Board Accepts Bitcoin Payments

(March 27th, 2018) - The German National Tourism Board has announced that it accepts cryptocurrencies such as bitcoin for its services. The organization promotes German travel destinations with offices in 32 countries around the world. GNTB also intends to implement blockchain technologies in its finances. “We want to be a global innovation driver in the tourism industry,” its chairperson recently stated.  


Ethereum falls after rumors of a powerful mining chip surface

(March 27th, 2018) - Rumors of a new ASIC mining rig from Bitmain have driven Ethereum prices well below their one-week high of $585. An ASIC – or Application-specific integrated circuit – in the cryptocurrency world is a chip that designers create for the specific purpose of mining a single currency. Early Bitcoin ASICs, for example, drove adoption up and then, in some eyes, centralized Bitcoin mining in a few hands, thereby thwarting the decentralized ethos of die-hard cryptocurrency fans.

Source: TechCrunch

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