Chile's State-Owned Bank Cutting Ties with Crypto Exchanges

(March 30th, 2018) - Chile's state-owned bank has dumped three cryptocurrency exchange clients, according to a local media report.

Source: CoinDesk

Seoul Mayor Prepares City to Embrace Blockchain Technology

(March 30th, 2018) - Park Won-soon, the Mayor of South Korean Capital Seoul, has announced intentions to pursue the development of blockchain technology in the city. Won-soon stated that there will be a digital currency created for use in Seoul, as well as the setting up of groups dedicated to exploring blockchain technologies and their future implications.


Crypto Exchange Bitfinex Seeks Moving to Switzerland

(March 28th, 2018) - The world’s fifth largest crypto exchange platform by traded volume per day plans to drop its Hong Kong location and move to Switzerland, according to Handelszeitung.


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.


Get Cryptide in your inbox!
When you subscribe to the Cryptide newsletter, you’ll always be armed with the best information about the crypto world.
You’re now subscribed!