Japan’s Internet Giant GMO Wants to Borrow BCH, ETH, LTC, XRP From Customers

Exchanges GMO Internet’s cryptocurrency exchange has added four more cryptocurrencies to its loan program which allows customers to lend their cryptocurrencies to the company. The program was originally launched last month for just bitcoin (BTC) but GMO has now added bitcoin cash (BCH), ether (ETH), litecoin (LTC) and ripple (XRP) to the program. Also read: Yahoo! Japan…

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India’s Supreme Court Keeps Ban on Banks’ Crypto Services, For Now

News According to a team of Indian lawyers, the Supreme Court of India refused request for a temporary injunction against restrictions imposed on banks regarding cryptocurrency by the country’s central bank. The Reserve Bank of India (RBI) issued a circular essentially banning crypto services, which will remain in place at least until a formal hearing.…

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Greek Police Uncover Plot to Murder Alleged Bitcoin Launderer Alexander Vinnik

Join our community of 10 000 traders on Hacked.com for just $39 per month.Greek authorities have reportedly managed to uncover a murder plot targeting Russian national Alexander Vinnik, which was arrested in the country earlier this year, suspected of laundering $4 billion in bitcoin through cryptocurrency exchange BTC-e. According to news source Sputnik, Greek police…

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Amazon & Microsoft’s Move to Blockchain: Centralized Companies Into Decentralized Ecosystem

Bitcoin, and the idea of digital cash, has taken hold of the banking sector as banks and financial institutions start to experiment internally with blockchains and cryptocurrencies in order to be at the forefront of these technologies. This, coupled with the fact that government organisations and even global leadership bodies such as the G20 are…

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U.S. Mutual Fund VP Says Blockchain Will Help ‘Drive This Next Industrial Revolution’

Steve Chiavarone, a VP at financial services company Federated Investors, made bullish comments on blockchain technology as an “economic growth driver” in an interview on CNBC Friday, May 11. Responding to whether blockchain will be a driver of economic growth, Chiavarone noted the potential for automatization and increased efficiency blockchain offers, saying: “When you think…

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SEC Commissioner Cautiously “Open” to Regulatory Sandbox for ICOs

Regulation United States Securities and Exchange Commission (SEC) Commissioner, Hester Peirce, delivered a speech before the Medici Conference earlier this month discussing many issues pertinent to ICOs. Mrs. Peirce indicated that the SEC is open to discussion of developing a regulatory sandbox for ICOs, however, expressed a number of concerns surrounding the legislative model. The…

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