Cryptocurrency And Blockchain Mass Adoption Is Half A Decade Away – Billionaire Michael Novogratz

Blockchain, News | July 20, 2018 By:

Michael Novogratz, CEO and founder of crypto investment firm Galaxy Digital, has predicted that mass adoption of blockchain and cryptocurrency is still half a decade away.

Speaking at the Beyond Blocks summit in South Korea, the Galaxy Digital founder said that while he is confident that many institutions will invest in the blockchain and crypto industry “in the next two to three years,” the mass adoption is “still five to six years away.”

“You won’t see mass adoption until the user experience does not feel like something new and that is still five to six years away,” Novogratz said.

 Read more  »

HSBC Is “Cautiously Looking” At Cryptocurrency Use Cases

News | July 20, 2018 By:

Josh Bottomley, HSBC’s Global Head of Digital, said the bank is cautiously exploring cryptocurrency use cases.

In an interview with Forbes, Bottomley was asked about the bank’s approach to crypto. He said they are “cautious looking into this area”

“There’s a use case when you have a token or currency that’s actually useful for a particular purpose,

 Read more  »

Vietnam Central Bank Backs Proposed Import Ban On Crypto Mining Equipment

News, Regulation | July 19, 2018 By:

The State Bank of Vietnam (SBV), the central bank of the country, has agreed to suspend imports of cryptocurrency mining equipment in order to improve the management of crypto transactions in the country.

Earlier this year, the Ministry of Industry and Trade (MoIT) and the Ministry of Finance (MoF) proposed a temporary blanket ban on the importation of crypto mining rigs.

 Read more  »

Crypto ATM Operator Coinflip Integrates Dash Cryptocurrency

Announcements, News | July 17, 2018 By:

Cryptocurrency Dash has teamed with crypto ATM operator Coinflip to increase Dash’s exposure to the North American market.

Dash is the fourteenth-largest cryptocurrency by market capitalization. It features instant transactions, private transactions and a self-funded, self-governed organizational structure. The Dash system relies on a global network of masternodes which vote on proposals for improving its ecosystem.

 Read more  »

Cryptocurrency Startup Ethos, Payroc Partner On Crypto Payment Processing Service

Blockchain, News | July 17, 2018 By:

Payment processing firm Payroc and cryptocurrency startup Ethos are collaborationg to create a “best-in-class” crypto merchant payment processing service.

Headquartered in Chicago, Payroc drives commerce for its merchants with anytime, anywhere payment solutions. The company services and supports more than 30,000 merchants throughout North America,

 Read more  »

Cryptocurrency Exchange Coinbase Exploring Support For Five Top Altcoins

Announcements, News | July 16, 2018 By:

Cryptocurrency exchange Coinbase is exploring the addition of a number of new cryptocurrencies on its platform.

The cryptocurrencies currently under review are Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC), and Ox (ZRX). Coinbase said they will be working with local banks and regulators to add them in as many jurisdictions as possible.

 Read more  »