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
A hybrid system adopting the best of centralized and decentralized exchanges – Stoxum – aims to revolutionize the cryptocurrency market and launches its first private pre-sale of its token on April 30.
On the surface, Bitcoin appears full of promise. It first presented the opportunity to bring financial freedom to those who no longer deal with traditional finance, or indeed those who could not access the financial system.
Dubai has been aspiring to reinforce its position as a fintech hub. Last month, the Dubai Culture and Arts Authority established the first digital bank for art in the world. ArtBank also launched its own digital currency to boost transaction speed and simplify the purchasing process.