Today in the news:
- Argentina will receive between 4,000 and 5,000 crypto ATMs, according to local media.
- Japanese banking giant SBI Group is reportedly launching its cryptocurrency exchange this summer.
- Venezuela will give India a 30 percent discount on crude oil if India uses the state-issued Petro coin.
- Iran is experimenting with a state cryptocurrency.
- Bitfinex has added Stellar and Verge to its platform.
- And more crypto news below...
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Latest Crypto News - May 1, 2018
Crypto Markets Experience Slight Correction, But BTC Still Close To $9,000
The crypto markets are seeing a slight correction, with Bitcoin (BTC) dropping below $9,000 today. The markets followed suit, with all of the top 10 coins in the red.
Read more: cointelegraph.com
Argentina Ready to Install 4,000 to 5,000 Crypto ATMs Across the Country
Argentina may be a leader in the Crypto ATM market. According to local media, the country may be ready to receive between 4,000 and 5,000 ATMs that will also include blockchain technology and support for virtual currencies.
Read more: cryptstorm.com
More sources:
Japanese Banking Giant SBI Plans Summer Launch for Crypto Exchange
Japanese financial services giant SBI Group is reportedly planning a summer launch of ‘SBI Virtual Currencies’, its cryptocurrency exchange, this year. According to Business Insider Japan, SBI Holdings president Yoshitaka Kitao has confirmed the long-awaited full-scale launch of SBI Virtual Currencies in what will be the country’s first wholly bank-owned cryptocurrency exchange.
Read more: www.ccn.com
More sources:
Bitcoin has 'elements of all of the different asset classes,' CFTC chairman says
The ecosystem around bitcoin is still changing, but U.S. Commodity Futures Trading Commission Chairman J. Christopher Giancarlo said the popular cryptocurrency is part currency, part security and part digital coin.
Read more: www.cnbc.com
More sources:
Australia's Securities Watchdog Moves to Halt 'Deceptive' ICOs
Yet another global regulator is speaking out about its attempts to fight fraud in the ICO market. This time, it's Australia taking the lead.
Read more: www.coindesk.com
India To Get 30% Discount On Venezuelan Crude Oil If Paid For In Petro, Says Local Source
Venezuela will give India a 30 percent discount on crude oil, but only if India uses the state-issued Petro coin.
Read more: cointelegraph.com
More sources:
Iran Continues to Develop State Cryptocurrency Despite Central Bank Ban
Iran has been developing its own cryptocurrency, a project which has yielded an experimental local crypto, despite the country’s central bank banning banks from dealing with cryptocurrencies. Iran’s Information and Communications Technology Minister has shed light on the project, commented on its alleged use to evade sanctions, and clarified the central bank’s action.
Read more: news.bitcoin.com
More sources:
- Iran: Model Of State-Issued Digital Currency Now Ready, Says Gov’t Minister
- Iran State Cryptocurrency ‘Ready’ for Experimentation: ICT Minister
Bitfinex Adds Stellar and Verge to Platform As It Responds to Community Demands
Bitfinex, one of the world’s biggest cryptocurrency exchanges, has announced that it is introducing two new tokens to its platform as it continues to expand its offerings to customers.
Read more: coinjournal.net
Hong Kong Gov’t Report Says Bitcoin Poses ‘Medium-Low’ Risk In Financial Crime
The Hong Kong Financial Services and Treasury (FSTB) released a report yesterday, April 30, on the status of money laundering (ML) and terrorism financing (TF). The report concluded that virtual currencies (VC), like Bitcoin (BTC), are not particularly involved in either type of financial crime.
Read more: cointelegraph.com
Japanese Regulator Confirms 8 Crypto Exchanges Want Out, 100 Want In
The Japanese financial regulator has confirmed that so far eight companies have expressed the intention to withdraw their applications to operate cryptocurrency exchanges. Meanwhile, about 100 more companies are seeking to enter the market.
Read more: news.bitcoin.com
UNDP Partners With Crypto Startup on Solar Power Pilot
Individuals who purchase and lease out solar panels will earn bitcoin as payment under a new pilot program with a blockchain startup and the UN.
Read more: www.coindesk.com
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