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
The CEO of cryptocurrency exchange Binance, Changpeng Zhao (CZ), and his team gave a recap of the security incident that happened on May 7, an event that saw the exchange lose more than $40 million (7,000 BTC) from their Bitcoin hot wallet.
Awareness and interest among Italian citizens, companies and institutions, is increasing steadily, but experimentation is not growing. The finance sector knows advantages of new hi-tech frontiers, like open banking, Bitcoin (BTC), smart contracts, artificial intelligence (AI), cryptocurrency, internet of things (IoT), blockchain and distributed ledger technology (DLT). Albeit, hazards, risks, technical difficulties and lack of necessary skills are major hindrances of growth and development of innovations in the country.
The biggest social network company Facebook has registered a new firm dealing with blockchain and payments in Geneva, according to popular news outlet Reuters. The Swiss fintech company is reported to be focused on data analytics and investments in particular.