Russian Gazprombank to Make First Crypto Deals for Major Clients via Switzerland

Cryptocurrency deals are not currently regulated by Russian law, with relevant legislation currently being developed. According to the bank’s representative, Switzerland was chosen for its “liberal” laws on cryptocurrencies.

Japanese Luxury Car Dealer set To Accept BTC

 

Japanese luxury car dealership L'Operaio will be able to accept Bitcoin (BTC) as a payment option from customers using their crypto wallets on the Tokyo-based exchange bitFlyer, according to a press release from bitFlyer published yesterday, March 27.  The release notes that a bitFlyer user can spend up to 100 mln yen (around $942,000) using their digital wallet, and that BTC purchases can be done by scanning a QR code and will be “settled in [a] few seconds.”

Nigerian Regulator (NDIC) Warns Against Crypto Transactions Since They’re ‘Not Insured’

Nigerians have been warned by the Nigeria Deposit Insurance Corporation (NDIC) against the use of cryptocurrencies because the Central Bank of Nigeria (CBN) does not recognize them as legitimate currency, local news outlet Business Post Nigeria reported yesterday, March 23.

Google Up in Arms Against Cryptocurrencies

The California-based transnational is the second biggest player in online ad selling; nevertheless it plans to take measures to curtail the nascent digital currency sector.

In an update to its policies, Google has announced it will ban online advertisements of cryptocurrencies, initial coin offerings and "related content" starting in June, which represents a step in line with the broader crackdown on the marketing of the rapidly advancing breed of financial products.

Bitcoin Price Hit 2018 Lows Because Of ₦145 BLN ($400 mln) Mt.Gox Sell-Off: Reports

Bitcoin prices fell only ₦2.1Mln ($6000) in 2018 as a result of Mt.Gox trustee “panicking” and selling ₦145 BLN ($400) mln worth of bitcoins (BTC), reports suggest this week.

As multiple news outlets reported from March 7, Nobuaki Kobayashi has sold over 35,000 BTC and 34,000 BCH (Bitcoin Cash) to be able to pay the defunct exchange's creditors.

Bitcoin Enters Bull Market as Dominance Index Surges Above 40%

Bitcoin will remain the world’s leading cryptocurrency for some time to come. Over the past few days, the Bitcoin Dominance Index has been on the rise. This correlates with the recent BTC price increase we have seen forming on the charts. The big question is whether or not this is Bitcoin’s next big time to shine.

Bitcoin Steady amid crypto drama this week.

 Bitcoins current value is at $10,927.79 at time of writing. Recent news concerning Australian man, Craig Wright had dominated bitcoin reputation. Wright is apparently being sued for $7.2 billion.

It is alleged that Mr Wright mined bitcoin  with Dave Kleiman. The programmer passed away in 2013 and Wright apparently seized all his bitcoins.

Mr Kleiman’s family and former business partner has decided to sue Mr Wright.

Happy New Month !

Happy new Month Bitcoiners !