Japan’s SBI Group Invests $15 Million in Tangem Crypto Walletjanuari 21, 2019Cryptocurrency NewsAnnounced today, Japanese banking giant SBI Group has invested in Swiss crypto startup Tangem. The company is the creator of a slimline hardware cryptocurrency wallet. SBI Group Invests in Tangem SBI is offering its support to Tangem with a $15 million USD investment. It will use the capital to expand into areas such as stablecoins, ICOs, tokenized asset offerings, and digital identity. Tangem Crypto Wallet Described by the company as a “smart banknote for digital assets,” Tangem’s cryptocurrency wallet mimics a bank card in that it allows a user to make off-chain … Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer. Source: Cryptocurrency News Original Post: Japan’s SBI Group Invests Million in Tangem Crypto Wallet... Russian Institutions Back Proposal to Let Companies Use Cryptocurrencyjanuari 21, 2019Bitcoin.comAn idea to allow companies from certain sectors and in some regions to use cryptocurrencies is gaining traction in Russia. The proposal has been included in a draft law prepared by the Economy Ministry, a high-ranking parliamentarian has voiced his support, and big business is discussing its implementation. Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says Draft Law Offers to Create Regulatory Sandboxes in Russian Regions Select entities from the IT sector and the blockchain industry may be permitted to utilize digital assets in their financial transactions, Russian media reported. The experimental regulatory regime is to be implemented in some regions of the vast country, according to a draft law put forward by the Ministry of Economic Development. The State Duma, the lower house of Russia’s parliament, supports the idea of “pilot regions” where the circulation of cryptocurrencies can be tested, the chairman of the parliamentary Financial Markets Committee, Anatoly Aksakov, told the business outlet Izvestia. Efforts to regulate the crypto space continue in several directions, he added, and the establishment of regulatory sandboxes is one of them. Aksakov further detailed: The law on the regulatory sandbox, which I hope we’ll adopt during the spring [parliamentary] session, will allow either individual companies or a given industry to use crypto instruments in their economic turnover and business operations in certain regions. The Economy Ministry said its bill is still under discussion. The potential regions and corporate entities for the program have not been determined yet but according to its representatives, businesses working with cross-cutting information technologies will be eligible to participate. This includes not only blockchain firms but also businesses developing quantum technologies and artificial intelligence products. Local authorities and companies based in the Russian regions of Kaliningrad Oblast and the Republic of Tatarstan have already expressed a desire to be part of the implementation of the proposed regulatory regime. Other regions such as Primorsky Krai, Omsk Oblast, Novosibirsk Oblast, Saint Petersburg, the capital Moscow, and the Autonomous Republic of Crimea are also potential candidates. Businesses Affected by Sanctions May Use Cryptocurrencies Major Russian companies are currently discussing the proposal within the Russian Union of Industrialists and Entrepreneurs (RSPP). The leading industry organization has already created a special advisory board which is looking into related matters, RSPP vice president Sergey Mytenkov told Izvestia. He believes it’s necessary to authorize about a dozen companies to operate with financial crypto instruments in order to make an assessment of the possible legal and economic risks. Another group of businesses that might be interested in the crypto regulatory sandboxes are those Russian entities that maintain an international presence and have been forced to deal with foreign sanctions and restrictions. Mytenkov said that cryptocurrencies and asset-backed digital tokens can be used by these companies to attract capital and make payments. The latest regulatory development concerning cryptocurrencies in Russia comes before the second reading in the Duma of a package of draft laws designed to regulate the crypto space. The bills were voted on first reading in May 2018 but their adoption was postponed many times and now lawmakers are expected to review them again in February. Since last spring, the original texts have been revised significantly and references to cryptocurrency, tokens, mining, and smart contracts have been dropped. Under pressure from the industry, Russian lawmakers recently broadened the legal definition of “digital financial assets” to cover cryptocurrencies. However, Russian media reported last week that the Presidential Council for Codification has criticized the legislation. The Kremlin’s negative assessment means more changes may be on the way. What do you think of the proposal to allow Russian companies to operate with cryptocurrencies? Share your thoughts on the subject in the comments section below. Images courtesy of Shutterstock. Make sure you do not miss any important Bitcoin-related news! Follow our news feed any which way you prefer; via Twitter, Facebook, Telegram, RSS or email (scroll down to the bottom of this page to subscribe). We’ve got daily, weekly and quarterly summaries in newsletter form. Bitcoin never sleeps. Neither do we. The post Russian Institutions Back Proposal to Let Companies Use Cryptocurrency appeared first on Bitcoin News. Source: Bitcoin.com Original Post: Russian Institutions Back Proposal to Let Companies Use Cryptocurrency... Bitcoin Price Analysis: BTC Approaches Crucial Support at $3,569 — Can the Bulls Now Defend This Area to Prevent a Short-Term Bearish Trend?januari 21, 2019Invest in BlockchainBitcoin has now approached our previously highlighted area of support at the crucial $3569 handle. Support moving forward: $3,569,… The post Bitcoin Price Analysis: BTC Approaches Crucial Support at $3,569 — Can the Bulls Now Defend This Area to Prevent a Short-Term Bearish Trend? appeared first on Invest In Blockchain. Source: Investinblockchain.com Original Post: Bitcoin Price Analysis: BTC Approaches Crucial Support at ,569 — Can the Bulls Now Defend This Area to Prevent a Short-Term Bearish Trend?... AI Devs Behind Robot Sophia Partner with Blockchain Agricultural Data Firm21 januari, 2019CointelegraphThe AI company behind Sophia the robot has partnered with a decentralized agricultural data firm Source: Cointelegraph.com Original Post: AI Devs Behind Robot Sophia Partner with Blockchain Agricultural Data Firm... Saudi Arabia and United Arab Emirates to Launch New Cryptocurrency21 januari, 2019Daily HODLSaudi Arabia and the United Arab Emirates have announced further plans to launch a digital currency that will help their cross-border transactions. The cryptocurrency is one of seven joint initiatives, including a…... South Korean Exchange Loses $5 Million in Accidental Bitcoin Airdrop21 januari, 2019CoindeskSouth Korean exchange Coinneset reportedly lost around $5 million when it airdropped bitcoin and other cryptocurrencies instead of WGT. Source: Coindesk Original Post: South Korean Exchange Loses Million in Accidental Bitcoin Airdrop... Bitcoin [BTC] and other cryptocurrencies fail basic financial tests, says Bank of England official21 januari, 2019AMBcryptoThe cryptocurrency market’s volatility and traction have been far-reaching, so much so that even prominent members of established institutions are talking about it. Bitcoin [BTC], the largest cryptocurrency in the world, has…... Google Slapped with $57 Million Fine in Landmark GDPR Case21 januari, 2019CCNBy CCN.com: French regulators have slapped Google with a landmark $57 million fine for committing GDPR infractions, making it the first major U.S. tech company to face punitive action under Europe’s new…... Two Former Executives Jailed for Faking Cryptocurrency Transaction Volumes21 januari, 2019BTC ManagerOn January 17, 2019, two former executives from Komid, a South Korean cryptocurrency exchange, were jailed for three and two years respectively for using fake accounts to fraudulently inflate transactions on the…... Tron Price Analysis: TRX Trend Setting, Up 18% From Last week’s Close21 januari, 2019News BTCTron prices surge, adds 7.8 percent in the last day Justin Sun hires former SEC official; crypto is no scam Accompanying recent surges are high trade volumes While most trading pairs register…... Is the Netflix Price Hike Just What Disney’s Streaming Service Needs to Win Market Share?21 januari, 2019CCNBy CCN.com: Last week Netflix announced that it was raising subscription fees by between 13% and 18% for all its plans. While the absolute increase varied between $1 and $2, nearly a…... Bitcoin ETF will not be automatically approved due to US government shutdown, says litigation attorney21 januari, 2019AMBcryptoBitcoin [BTC]’s ETF approval has been a long-standing saga plagued with a lot of ups and downs. While proponents of the cryptocurrency have been trying hard to get it off the ground,…... MIT Professor: Blockchain Can Allow for More Inclusive, Borderless Economy21 januari, 2019CointelegraphOnce a blockchain system successfully combines security, decentralization and scalability, a borderless economy can be achieved, says MIT professor Source: Cointelegraph.com Original Post: MIT Professor: Blockchain Can Allow for More Inclusive,…... Autonio Welcomes Stan Larimer to Our Advisory Board21 januari, 2019Cryptocurrency NewsThe Autonio team is proud to announce that Stanley Larimer (@stan) has joined Autonio’s advisory board. Stan will be working closely with the Autonio team to advise on the development of the…... Deloitte’s 2018 Global Blockchain Survey: Blockchain is “Getting Closer to Its Breakout Moment”21 januari, 2019Invest in BlockchainDeloitte, one of the “Big Four” accounting organizations and multinational professional services network, has released their 2018 global blockchain survey… The post Deloitte’s 2018 Global Blockchain Survey: Blockchain is “Getting Closer to Its…... Ripple Price Analysis: XRP Accumulation, Bull Pressure Building Up21 januari, 2019News BTCRipple prices stable above 30 cents SWIFT—Ripple competition should heat up in coming days Transactional volumes low and dropping XRP success depends on adoption. That’s why an increase in xRapid users is…... Ripple Partner SBI Invests $15 Million to Expand Crypto Ecosystem for Mass Adoption21 januari, 2019Daily HODLJapanese investment giant and Ripple partner SBI Holdings (SBI) has invested $15 million in the blockchain smart card wallet producer Tangem, through its subsidiary SBI Crypto Investment Ltd. The Swiss-based fintech company Tangem…... Peer-to-Peer Trading Platform Bitquick Implements Bitcoin Cash Support21 januari, 2019Bitcoin.comOver-the-counter marketplace Bitquick has announced the company is now supporting multiple cryptocurrencies and has officially added bitcoin cash (BCH) to the platform. Now cryptocurrency users can purchase BCH in as little three…... Bitcoin Price Could Crack $10 Million, Become New Gold Standard: Asset Management Firm21 januari, 2019CCNBy CCN.com: Throughout the 2017 crypto market bull run, bitcoin price predictions kept the crypto hype train fat and happy. Whether it was eccentric ICO promoter John McAfee promising to emasculate himself…... 71+ Million User Volunteer Platform to Launch Blockchain-Based DApp21 januari, 2019CointelegraphReportedly the world’s largest volunteer service platform, Zhiyuan Hui, has announced a partnership with crypto startup EveriToken Source: Cointelegraph.com Original Post: 71+ Million User Volunteer Platform to Launch Blockchain-Based DApp... Tron [TRX] Technical Analysis: Coin rides the pastures with the bull21 januari, 2019AMBcryptoAll major cryptocurrencies on the CoinMarketCap list, have been suffering from the bear’s attack for the last few days. The coins, at the time of press, are trying to recover, but with the…... Top 5 Cryptocurrencies in 2019 from The Altcoin Buzz Team21 januari, 2019Altcoin BuzzSource: YouTube: Altcoin Buzz Original Post: Top 5 Cryptocurrencies in 2019 from The Altcoin Buzz Team... China’s Stocks Are on Fire Despite Slowest GDP Growth in Nearly 30 Years21 januari, 2019CCNDespite official 2018 GDP figures showing that the Chinese economy grew last year at its slowest pace in 28 years, some of China’s largest stocks continue to perform at market-leading levels, led…... Bitcoin Price Analysis: $3,800 is Definitive for BTC21 januari, 2019News BTCBitcoin Price drop 4.1 percent in the last day Wyoming could be the blockchain and crypto center in the US Participation levels low, prices may consolidate in days ahead. Despite bullish fundamentals,…... Bitcoin Remains Firm amid Mixed Newsflow: BTCManager’s Week in Review January 21, 201921 januari, 2019BTC ManagerThe price of bitcoin remains firm, gaining two percent week-on-week, amid a mix of positive and negative news. The announcement by Bakkt that it has made its first acquisition shows that the…... Coinstar KYC Hurdles Are Hurting Bitcoin User Experience21 januari, 2019BitcoinistCoinstar’s initiative to support buying bitcoin at 20,000 locations in the US is facing mixed reviews days after it launched as users complain about high costs and poor performance. AML/KYC Overload Coinme,…... Wyoming Bill Would Clear the Way for Crypto Custody at Banks21 januari, 2019CoindeskWyoming legislators have introduced a bill to classify digital assets as property and provide banks with clarity on crypto custodial services. Source: Coindesk Original Post: Wyoming Bill Would Clear the Way for…... BitTorrent’s TRON-Based BTT Token and BitTorrent Speed Will Launch this Summer21 januari, 2019Invest in BlockchainBitTorrent, the industry leader in peer-to-peer (P2P) file sharing with over 100 million customers worldwide will be launching BitTorrent… The post BitTorrent’s TRON-Based BTT Token and BitTorrent Speed Will Launch this Summer…... Swiss Bank Falcon Launches Crypto Wallet With Withdrawals to Fiat21 januari, 2019CointelegraphSwitzerland-based Falcon Private Bank has launched direct transfers of select cryptocurrencies, as well as crypto-fiat withdrawals Source: Cointelegraph.com Original Post: Swiss Bank Falcon Launches Crypto Wallet With Withdrawals to Fiat... TV show on cryptocurrencies: Entourage actor Kevin Connolly to star in ‘Cryptos’21 januari, 2019AMBcryptoIn what could either be a big boost to the legitimacy of cryptocurrencies or a big old bust, Kevin Connolly, the star of Entourage, will be starring in a new TV show…... Ethereum Classic (ETC) Very Likely To Outperform Ethereum (ETH) In 201921 januari, 2019CryptoDaily.co.ukEthereum Classic (ETC) is recovering after a 51% attack that significantly damaged its reputation. However, its price did not suffer the way one would have expected as a result of the backlash…... Why Crypto is En Route to the Longest Bear Market in History21 januari, 2019CCNBy CCN.com: The crypto market is en route to experiencing the longest bear market in its 10-year history. As Ran Neuner, the host of CNBC’s Crypto Trader said, if the latest bear…... Crypto-wallet slimmekaart-maker Tangem krijgt flinke investering21 januari, 2019NewsbitDe in Zwitserland gevestigde cryptocurrency smardcard wallet-fabrikant Tangem heeft €13 miljoen binnen weten te halen. Dit door een investering vanuit Het bericht Crypto-wallet slimmekaart-maker Tangem krijgt flinke investering verscheen eerst op Newsbit….... Overstock QUIT Retail to Focus on Blockchain and tZero – Bitcoin and Cryptocurrency News21 januari, 2019CryptosRUsSource: YouTube: CryptosRUs Original Post: Overstock QUIT Retail to Focus on Blockchain and tZero – Bitcoin and Cryptocurrency News... Bitcoin en Ethereum koers dalen, TRON en Loopring stijgen door21 januari, 2019NewsbitDe belangrijkste cryptocurrencies hebben gisteren opnieuw een daling meegemaakt. Maar er is niet alleen maar slecht nieuws. TRON (TRX) presteert Het bericht Bitcoin en Ethereum koers dalen, TRON en Loopring stijgen door…... There Won’t Ever Be Only One Crypto, Says “True Bitcoin Maximalist”21 januari, 2019News BTCSince alternative crypto assets began to garner traction in recent years, some of the Bitcoin (BTC) community’s most fervent leaders have come out to denounce “altcoins,” as they’re adamant that BTC is…... US Shutdown Means Bitcoin ETF Could Go Live Soon21 januari, 2019CryptoDaily.co.ukThe United States Government are in the midst of a historical shutdown, one that has continued for over 30 days now. Shutdowns within the US government are not as bizarre as you…... Major Central Bank Institution BIS: Bitcoin Must Depart From Proof-of-Work21 januari, 2019CointelegraphBitcoin’s problems are only solvable by departing from proof-of-work, according to research conducted by the Bank for International Settlements Source: Cointelegraph.com Original Post: Major Central Bank Institution BIS: Bitcoin Must Depart…... ICOs Produce Slow Start to 201921 januari, 2019Bitcoin.comDuring the first two weeks of 2019, initial coin offerings (ICOs) raised roughly $90 million, according to data published by Icobench. Of the total funds raised this year so far, $80.2 million…... Learning how to protect your crypto wallet from cyber attacks21 januari, 2019AMBcryptoLast year, hackers stole over 530 million dollars’ worth of cryptocurrency on Asia’s leading crypto platform, Coincheck. This security breach was a major wakeup call for the whole industry demonstrating that it…... 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