Cryptocurrency is a hidden, secure form of token that carries a monetary value. Bitcoins, Ethereum, Litecoins and various other similar terms that you hear, fall under the broad umbrella of Cryptocurrencies. Most of the cryptocurrency trades are recorded on a blockchain that forms a decentralized system. This is one of the reasons why it has become so popular in recent times.
Related Links: Cryptocurrency Beginner's Guide
Putin commented that cryptocurrencies being used in place of fiat money might have worked in Japan to some extent, this is unlikely to work in other countries.
Earlier this week during the WWDC 2018, Apple updated their guidelines for applications on their app store that deal with cryptocurrencies.
A cryptocurrency scam worth Rs. 500 Crore ($7.3 Million) has come to light in India, named MoneyTradeCoin - the scam was orchestrated by The Flintsonte Group.
In the past six months, cybercriminals have already managed to steal over a $1.1 Billion from cryptocurrency investors and businesses.
Hypothekarbank Lenzburg is the first bank in Switzerland to open up to the cryptocurrency businesses - allowing them to set up their bank accounts with them.
Clayton’s states that Bitcoin cannot be classified as a security because it fundamentally behaves as a replacement for traditional, fiat currencies.
Months after announcing the ban, these internet giants continue to face a backlash from the crypto-community, which is upset about being treated unfairly.
Coinbase has taken another step forward towards getting registered as a broker-dealer by the SEC after acquiring Keystone Capital for an undisclosed amount.
Wozniak said that he believes in what Jack Dorsey has to say when it comes to Bitcoin becoming a global standard and hopes BTC becomes world's single currency.
The company has opened a new office there under the leadership of fin-tech steward Nao Kitazawa as the CEO.
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