Today’s most important news from the world of Blockchain and crypto currency: Twitter may ban Bitcoin related ads, Bank of England governor Mark Carney stated that crypto currencies don’t pose risk, New Zealand to become a living Blockchain laboratory
Just as Facebook and Google recently put a ban on cryptocurrency advertisements, Twitter has been reported to do the same. The ban may take place in the coming two weeks and will forbid the advertising of ICOs, token sales, crypto wallets, as well as crypto exchanges.
Twitter has had a tough time these last weeks. The social media company had to block cryptocurrency profiles because there had appeared a great number of scam accounts.
Bank of England governor Mark Carney stated in a letter to representatives of the G20 that cryptocurrencies do not pose any possible threat to the financial market. Carney, being a chairman of the Financial Stability Board, rejected the perspective of putting regulation on digital currencies, such as Bitcoin.
The FSB's initial assessment is that crypto-assets do not pose risks to global financial stability at this time, – Mr Carney said in a letter to G20
Popular blockchain and crypto enthusiast hasn’t lost faith in financial technology and digital currencies, such as bitcoin, ripple, and ethereum. He is confident in the suggestion that cryptos will replace fiat currency in its primary position during 2020-2030.
A Japanese Financial Services Agency (FSA) spokesperson revealed a plan for acquiring full control over the manner in which crypto wallet providers conduct their daily activities. The measures however are not yet implemented, as of press time.
Two mining firms operating in Sweden have purportedly relinquished their facilities in Norrbotten, a county in the far north of the country. One of the firms, a U.S. miner called NGDC, seems to have all of a sudden fled the county, leaving unpaid power bills of around $1.55 million in its wake, according to a report from Sverige Radio.