Every week new information comes from Russia regarding the cryptocurrency world. Russia has selected Vladivostok as a pilot city to host two cryptocurrency agencies. After Moscow presented the possibility of issuing the Moscowcoin, the crypto-city will be Vladivostok.
The Central Bank of Vietnam has presented to the government a document to regulate cryptocurrencies. The intention is to ban some activities related to Bitcoin and other cryptocurrencies.
It is surprising that Initial Coin Offerings (ICOs) moved this year more than 3 billion dollars. But it is not the limit that ICOs will reach. In 2018, they are expected to grow even further, multiplying this year’s record.
After weeks of being traded between $5000 and $6000 dollars, we have arrived to a new Bitcoin record: $6300 Dollars.
In a country where the currency (Bolívar) loses its value every single day, is not possible to use cash anymore. A standard family only arrives to eat at the end of the month. Lets not talk about tooth paste or toilet paper rolls, they do not exist anymore in the country. If one is lucky enough to be able to earn a decent salary, it would be impossible to pay everything with cash.
Kazakhstan’s Central Bank has proposed the government to restrict some cryptocurrency activities. Furthermore, as some experts believe, the intention is to ban mining factories in the country. The restrictions on exchanges and mining would be analyzed by the government in the next weeks.