Russia says Bitcoin investing even worse than gambling establishment betting

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< img src =https://31.cdn.bit2host.eu/wp-content/uploads/2017/10/russia-bitcoin-casino-gambling.jpg alt=russia-bitcoin-casino-gambling width= 500 height =270 > A top Russian official has actually justified the federal government’s strategies to prohibit regular Russians from investing in Bitcoin technology by comparing Bitcoin-related financial investments with gambling establishment gambling.On Tuesday, Russian Economic Development Minister Maksim Oreshkin gave an address at the World Festival of Youth and Students in Sochi, where he cautioned the young leaders of the dangers of meddling cryptocurrencies.Russian state-owned media outlet RT estimated Oreshkin stating Bitcoin’s value was too unpredictable:”it’s lots of percent up, then dozens of percent down.”Any possession with such unpredictable qualities shouldn’t be available by”unqualified financiers “due to the fact that it is “even worse than casinos. You earn, then you will lose everything and be left with absolutely nothing.” Oreshkin isn’t incorrect that Bitcoin financiers deal with potentially destructive losses, but such risks are fundamental in all investing circumstances. Kinda like the Russian gambling establishment operators whom the government motivated to invest in the Azov-City video gaming zone, just to be informed a few years later that the zone would be shutting down so that brand-new zones might open in Sochi and the Crimea, and there would be no payment for Azov-Cityinvestors, who …

: A Way To Invest In Blockchain

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Most American investors missed the first boat on the wildly profitable cryptocurrency market, which hit $158 billion in August and is set to hit nearly $3 trillion by 2023. Now, another boat is setting sail, and this time there’s an easy way to get onboard. Bitcoin—soaring to $5,000 per coin– is now worth four times as much as an ounce of gold. A simple $100 investment a few years ago would have amassed multiple millions in profit. Profits like this have been hard to come by for the majority of investors because this is a complicated playing field, and Wall Street has been dragging its heels. But for the first time in history, we can add a basket of cryptocurrencies and blockchain startups to any brokerage account, IRA or 401k. That’s because Canada is hot on the cryptocurrency trail, and Global Blockchain Technologies (TSX: BLOC.V; OTC: BLKCF) just announced trading of the first-ever investment company which plans to hold a blockchain-based company and currency basket on the TSX Venture Exchange. So investors can get in on it, too—before the next wave of money comes into a market heading into the trillions. Here are 5 reasons to keep a close eye …

BitMEX Exchange Joins SegWit2x Opposition, Confirms Zero Support

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https://t.co/eXT6r4V9ow pic.twitter.com/jiP7dCiBbC!.?.!— WhalePanda(@WhalePanda) October 13, 2017 In more troubling news for the2x camp, it proportion of miner assistance has fallen below 80 percent in the last 24 hours-its own designated minimum activation threshold.Data verifying the recession originated from statistics service Coin Dance, uploaded to< a href =https://twitter.com/alistairmilne/status/918828268211621888 rel=nofollow target= _ blank > Twitter by cryptocurrency financier and business owner Alistair Milne.

Blockchain-based Money Transfer – Fujitsu and three Japanese banks are doing it.

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The blockchain innovation is here to remain. That’s a reality some tech giants, governments, and institutions around the world don’t desire to hear. Simply like the internet, those who make early moves are bound to acquire from it. And those who live in the past, not wishing to catch brand-new innovations are bound to be hit by the unfavorable sides of these brand-new technologies.It seems Fujitsu and other companies from the Asian side are seeing a favorable future for the blockchain technology, and not wishing to stay behind, have chosen to cash in on such a brand-new, robust creation. The Japanese business Fujitsu released a test task on October 10, 2017, geared towards the development of a cash transfer service utilizing the blockchain innovation. In collaboration with Mizuho Financial Group, Sumitomo Mitsui Financial Group, and the Mitsubishi UFJ Financial Group, this service will initially be devoted to individuals wanting to safeguard their loan transfers from one person to another. The test will officially begin from January 2018 and last for a period of three months. However, Fujitsu has actually been dealing with this job for some time now and is definitely going to make it work well for the text …

FINRA ratchets up fintech engagement

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Amidst multiplying cyberthreats and quickly developing fintech, FINRA is reevaluating its approach to digital concerns and looking for additional assistance from federal lawmakers. “It’s not simply the guidelines that can get in the way; often it’s the method we administer the guidelines that can get in the method,” FINRA CEO Robert Cook stated at a joint SIFMA, AICPA conference in New York. FINRA was looking to ratchet up engagement with industry gamers, he said.To that end, the regulator has actually hosted roundtable discussions around the country with fintech firms, robos, vendors, and traditional broker-dealers’ innovation departments to obtain a much better handle on how the business is altering, Cook said. Later this month, FINRA will convene a brand-new fintech advisory committee. FINRA CEO Robert Cook said the regulator would introduce a new fintech advisory committee to help it equal rapidly altering digital technologies. On brand-new digital technologies, it’s not merely a question of what startups are doing– huge firms are also rapidly deploying new tools and items for advisors as well as customers, Cook said.It’s challenging for regulators to equal market change, Cook stated. But he added that FINRA’s member firms are essential sources of info. “We get the benefit …