U.S. warns investors over Venezuela's 'petro' cryptocurrency | Reuters U.S. warns investors over Venezuela's 'petro' cryptocurrency | Reuters
WASHINGTON/CARACAS (Reuters) - The U.S. Treasury Department on Tuesday warned that Venezuelas proposed petro cryptocurrency could violate sanctions against the OPEC nation's socialist government, a statement that could dent investor appetite for the soon-to-be-launched token. Venezuelan President Nicolas Maduro this month said his government will soon issue 100 million petros, backed by an equivalent number of barrels of oil, partly to get around the U.S. sanctions. Those sanctions prohibit the purchase of newly issued Venezuelan debt, which has left Maduro unable to refinance the country's crippling debt burden and led Socialist Party officials to seek new forms of raising hard currency. This piece was retrieved by us on 2019-01-16 14:08:30. Share this content on social media: Browse www.reuters.com for more.   Log In to Comment

Startup Robinhood to launch commission-free cryptocurrency trading | Reuters Startup Robinhood to launch commission-free cryptocurrency trading | Reuters
NEW YORK (Reuters) - Online brokerage startup Robinhood plans to launch commission-free cryptocurrency trading, the company said on Thursday, riding a wave of interest from retail investors for the new asset class. Starting in February, Robinhood customers will be able to buy bitcoin and ether, the two most popular virtual coins. The Palo-Alto based startup plans to add more cryptocurrencies in the coming months. Robinhood is launching the service in response to a groundswell of customer demand, Vlad Tenev, co-CEO and co-founder of Robinhood, said in an interview. For some individuals we see cryptos are the first foray into financial services, he said. This information was first seen by us on 2019-01-16 13:07:44. Share this content on social media: Mentioned cryptocurrencies include ION. Browse www.reuters.com for additional posts.   Log In to Comment

Eastman Kodak unveils cryptocurrency, stock doubles | Reuters Eastman Kodak unveils cryptocurrency, stock doubles | Reuters
SAN FRANCISCO (Reuters) - Shares of Eastman Kodak Co (KODK.N) more than doubled on Tuesday after the one-time leader in photography became the latest company to jump on the cryptocurrency bandwagon. The storied Rochester, New York-based company said in a statement it is launching a cryptocurrency called KODAKCoin for photographers, part of KODAKOne, an image rights management platform in a licensing partnership with WENN Digital. The platform uses blockchain technology, the backbone of bitcoin and other digital currencies that have surged in recent months and raised fears of a price bubble. The stock was last up 92 percent at $5.95 in midafternoon trading on the New York Stock Exchange, off an earlier high at $6.65. This post was obtained by us on 2019-01-16 12:58:28. Share this content on social media: Have a look at www.reuters.com to find more similar content.   Log In to Comment

China Imposes New Blockchain Rules - Reuters China Imposes New Blockchain Rules - Reuters
SHANGHAI (Reuters) - Chinese blockchain platforms will have to censor content, allow authorities access to stored data and check the identity of users under rules set out on Thursday by Beijing. The Cyberspace Administration of China (CAC) said that the regulations, which will come into force next month, will advance the industrys healthy and orderly development. China has cracked down on cryptocurrencies since 2017 when the government banned initial coin offerings and barred local cryptocurrency exchanges from operating domestically. Now blockchain platforms will be required to implement real-name registration for users via a national ID or telephone number, censor content and store user data. This piece was obtained by us on 2019-01-11 08:37:38. Share this content on social media: You may be interested in these cryptocurrencies : ABLX. Browse www.reuters.com for complete listings from this source.   Log In to Comment

ADOPTION: French 'Tabac' shops now selling Bitcoin for cash ADOPTION: French 'Tabac' shops now selling Bitcoin for cash
PARIS (Reuters) - As well as cigarettes, cigars, lottery tickets and the like, visitors to Paris Tabacs can now also buy bitcoins. With the backing of French fintech group Keplerk, the crypto-currency has gone on sale in six tobacco shops in and around Paris. Adil Zakhar, one of Keplerk's co-founders, hopes to enrol up to 6,500 Tabacs by February. Some people find it complicated to get bitcoins on-line, Zakhar said . They trust their local tobacco shop owner more than they would trust some remote anonymous website. Late last year, Keplerk secured a contract with a local cash-register software provider to include an option for Tabac owners to sell vouchers redeemable for bitcoins in an electronic wallet that is held on Keplerk's website. This article was first seen by us on 2019-01-10 22:49:57. Share this content on social media: Mentioned cryptocurrencies include BTC, TCN, ION. Check out www.reuters.com for more from this source.   Log In to Comment

Chinese 'blockchain platforms' will have to censor content and check the identity of users Chinese 'blockchain platforms' will have to censor content and check the identity of users
SHANGHAI (Reuters) - Chinese blockchain platforms will have to censor content, allow authorities access to stored data and check the identity of users under rules set out on Thursday by Beijing. The Cyberspace Administration of China (CAC) said that the regulations, which will come into force next month, will advance the industrys healthy and orderly development. China has cracked down on cryptocurrencies since 2017 when the government banned initial coin offerings and barred local cryptocurrency exchanges from operating domestically. Now blockchain platforms will be required to implement real-name registration for users via a national ID or telephone number, censor content and store user data. This publication was retrieved by us on 2019-01-10 20:38:43. Share this content on social media: Related crypto assets may include DENT. You may want to visit www.reuters.com for complete listings from this source.   Log In to Comment

Bitcoin crashes to lowest this year, losses top 25 percent in a week | Reuters Bitcoin crashes to lowest this year, losses top 25 percent in a week | Reuters
LONDON (Reuters) - Bitcoin slumped on Tuesday to its lowest this year, tumbling as much as 10 percent to breach $4,300 and taking losses in the world's best-known digital coin to 25 percent within a week. Other smaller coins also skidded sharply as a broader cryptocurrency sell-off, said by traders and market makers to be rooted in heavy selling at leveraged Asian exchanges, gathered steam. The fall followed a sudden plunge last week that shook bitcoin out of a period of relative stability, where prices had hovered around the $6,500 mark for several months. Bitcoin sunk as far as $4,327, its lowest since October 2017. By mid-afternoon, it was trading around $4,750 on the Bitstamp exchange. This publication was obtained by us on 2019-01-08 22:56:40. Share this content on social media: Mentioned cryptocurrencies include BTC, TCN. Check out www.reuters.com for complete listings from this source.   Log In to Comment

And another one:  Iran's central bank proposes slashing four zeros from falling currency And another one: Iran's central bank proposes slashing four zeros from falling currency
DUBAI (Reuters) - Iran's central bank has proposed slashing four zeros from the rial, state news agency IRNA reported on Sunday, after the currency plunged in a year marked by an economic crisis fuelled by U.S. sanctions. A bill to remove four zeros from the national currency was presented to the government by the central bank yesterday and I hope this matter can be concluded as soon as possible, IRNA quoted central bank governor Abdolnaser Hemmati as saying. Proposals to remove four zeros from the currency have been floated since 2008, but the idea has gained strength as the rial lost more than 60 percent of its value in 2018 despite a recent recovery engineered by the central bank in defiance of U.S. sanctions. This share was first seen by us on 2019-01-06 23:39:51. Share this content on social media: You may be interested in these cryptocurrencies : ZER. Visit www.reuters.com for additional posts.   Log In to Comment

Money Laundering Problems Challenge The Growing Popularity Of Security Token Offerings (STOs) - Reuters Money Laundering Problems Challenge The Growing Popularity Of Security Token Offerings (STOs) - Reuters
Reuters Brand Features is a paid for, custom created solution which allows brands to share their story with their target audience on Reuters.com. This content is produced independently of Reuters Editorial News. Content is researched, developed, and designed by Reuters Solutions- the Commercial Advertising Department for Reuters.com. Brands may also use their own content within this feature. To create Reuters Brand Features, please email us at http://sales.reuters.com/. As much as the STO is trying to curb the vulnerability of using the crypto decentralized system for illicit acts, its good intention does not guarantee total security. The act of money laundering can still be executed by perpetrators without the strict regulators noticing. This piece was first found by us on 2018-12-20 23:15:37. Share this content on social media: Check out www.reuters.com for more from this source.   Log In to Comment

Blockchain-Based E-Commerce Verification Platform simplyBrand Attempts to Tackle Online Counterfeiting Problem with Blockchain . Blockchain-Based E-Commerce Verification Platform simplyBrand Attempts to Tackle Online Counterfeiting Problem with Blockchain .
Reuters Brand Features is a paid for, custom created solution which allows brands to share their story with their target audience on Reuters.com. This content is produced independently of Reuters Editorial News. Content is researched, developed, and designed by Reuters Solutions- the Commercial Advertising Department for Reuters.com. Brands may also use their own content within this feature. To create Reuters Brand Features, please email us at http://sales.reuters.com/. The final tally for China's Double 11 (or Singles Day) shopping frenzy invented by Chinese e-commerce giant Alibaba came in at 213.5 billion yuan ($42.46 billion), shattering last year's record of USD 25 billion. This publication was found by us on 2018-12-08 14:42:08. Share this content on social media: Related crypto assets include ION. See www.reuters.com for additional posts.   Log In to Comment


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