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South Korea Will Not Ban Cryptocurrencies

South Korea’s finance minister has said that he does not intend on banning cryptocurrencies. When asked, Kim Dong-yeon said; “there is no intention to ban or supress the cryptocurrency [market]” He has said that instead, he wants to regulate the exchanges, and avoid following in China’s footsteps who recently made headlines after they took the drastic step of shutting down all of the domestic exchanges. Cryptocurrencies are massive in South Korea, which is why regulating them is so important, especially since the country has experienced increased scrutiny of cryptocurrency trading, after they decided to calm the overheated market. This week...

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Dan Larimer Keeps Predicting The Future

While possibly not as well-known as Satoshi Nakamoto, the name Dan Larimer is a familiar one in the cryptocurrency market. Larimer has been described by some as a visionary, and is most famous as being the creator of the EOS blockchain technology, which is intended to be entirely decentralised and have a transaction processing speed of several transactions per second. Larimer also created the digital currency based social network and blogging site Steemit, as well as the decentralised digital asset exchange, BitShares. In short, he has been heavily involved in blockchain technology and altcoins since 2014. During this time he...

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Brisbane Airport Is Now Accepting Bitcoins

In a bid to make the use of cryptocurrencies more mainstream, Australia’s Brisbane airport announced last week that it will soon be allowing their travellers to pay with cryptocoins at the terminal shopping areas. Although there is hope that other airports might follow suit eventually, it is currently the first and only one to offer this in the whole world. This has been made possible, because of a deal that has been struck between the airport and crypto travel firm TravelbyBit, allowing passengers to pay in stores with Bitcoin, Ethereum, Litecoin, Dash and Steem. The general manager at Brisbane Airport...

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Facebook Banning CryptoCurrency Ads Is Bad For Them

Facebook has publicly said that it will block any adverts that promote any cryptocurrencies, their products and their services. Despite being very open and willing to adapt to emerging technologies, they felt that many crypto companies were not acting in good faith. Bitcoin has recently had another price surge, which has amounted in a wave of new cryptocurrencies emerging, yet Facebook has urged its users to report any ads, should they see them. Rob Leathern, the product management director for Facebook Business said; “We want people to continue to discover and learn about new products and services through Facebook ads...

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What To Expect From Litecoin In 2018

Litecoin’s popularity is rapidly growing, with many people favouring it as an alternative to Bitcoin. So, it is important to know what to expect from this virtual currency in the coming year ahead. Charlie Lee, the founder of Litecoin, tweeted earlier on in the year; “The Litecoin team has been hard at work working with companies to support Litecoin. Nothing to announce yet, but here’s what’s in the works: Merchant processor, popular online wallet, goods trading platform, one huge unexpected surprise…2018 will be a good year for Litecoin!” The goods trading platform that Lee was referring to was Open Bazaar,...

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