A credit rating giant said Switzerland could be hurt more than any other country by cross-border Bitcoin transactions (Cointelegraph).
Head of the International Monetary Fund Christine Lagarde said, “Understanding the risks that crypto-assets may pose to financial stability is vital if we are to distinguish between real threats and needless fears. That is why we need an even-handed regulatory agenda, one that protects against risks without discouraging innovation.” (Cointelegraph).
To ensure the most efficient operation of Bitcoin payments, developers are thinking of combining Lightning Network with near-field communication (Coindesk).
13 major cryptocurrency exchanges are being investigated by the New York Attorney General Eric Shneiderman. Shneiderman stated,“With cryptocurrency on the rise, consumers in New York and across the country have a right to transparency and accountability when they invest their money” (The Independent).
Following Japan’s ramped up oversight over the country’s crypto exchanges, one of the largest crypto exchange platforms announced it was leaving Japan (Business Insider).
Another Bitcoin prediction (The Conversation).
Issues arise as the IOT Group wants to turn an Australian decommissioned coal-fired power station into a “Bitcoin Application Center” (Cnet).
Because of Ripple’s outstanding inversion of $62 billion, the CEO and founder of the deVere Group made positive forecasts for the coin (Global Coin Report).
The unknowns of Blockchain (Medium: Chikodi Chima).