It is alleged that due to the ‘securities’ laws of the U.S SEC, the exchanges refrained from listing Ripple tokens.
Four executives have been detained by the Korean police for transferring customer’s digital assets to their personal accounts.
The RBI has given a three-month period to cut ties with digital currency-related service. While on the other hand, the central is working on a new fiat-linked cryptocurrency.
Matonis criticized central financial institutions saying they should rather look at the bond and the stock markets around the world that have been artificially inflated.
It is expected that Monex will make an official announcement of the same ahead this week.
The proposal for the hard cap is made in order to promote an egalitarian coin distribution or achieve other significant policy goals.
Venture Capital firms are seen changing their investment strategies due to the changing market conditions in the crypto space.
The new cryptocurrency would be used for the exchange of services in the city and also for paying for different public welfare schemes.
The blockchain will allow people to instantaneously form groups and share files and other information while still keeping the track of the membership.
As the first quarter of 2018 ends, the crypto markets continue to remain under selling pressure.