09.07.2018 By SociumTrade 1756 views

Weekly news report, July, 2-8

#BitcoinPrice #CryptoMarket

The bitcoin price leaped twice in four days last week. The list of things that are potentially moving the price, includes Coinbase Custody launching, positive EU research paper, a new Japanese bitcoin exchange launching etc.

#CryptoMarket #Legalization #SouthKorea

The other one important factor why bitcoin price could growth significantly in the nearest future is the news that South Korean Government has a plan to completely legalize the crypto-currency market. It’s also going to legalize all companies that relate to digital money, regulated by financial institutions.

#CryptoMarket #Legalization #Malta

Last week the Government of Malta had adopted three bills that regulate the digital money and blockchain industries. At the beginning of this year Malta was already recognized as the best country for crypto businesses and blockchain technology development. There are few large trading platforms such as OKEx, Binance and BitBay which are already working in Malta. It’s predicted that the new bills and ordering the legal field of crypto market will attract many other businesses to Malta.

#CryptoMarket #Transactions

A group of European banks, including Deutsche Bank, Natixis, Nordea, Santander, Société Générale, UniCredit and others has announced that they have completed a series of cross-border financial trades through a jointly developed blockchain platform. We.Trade was built on IBM's Blockchain Platform to enable banks to facilitate trade transactions between their clients by offering greater transparency, more automation and lower risk.

#CryptoMarket #CryptoExchanges

Europe's largest trader of exchange-traded funds (ETFs) Flow Traders NV is now entering the crypto world. Dennis Dijkstra, company’s CEO, told that his firm was expanding its trading products to exchange-traded notes (ETNs) based on bitcoin and ether.

#Blockchain #Crypto #Security #Russia

The Russian Ministry of Defense is launching a research lab to analyze how blockchain technology can be used to mitigate cybersecurity attacks. One of the priorities at ERA is the development of an intelligent system to detect and prevent cyber-attacks on important databases.