Video Digest, April 4: Kazakhstan to Ban BTC Tradings, United Colors of Benetton Accepting BTC, ETH, DASH, STEEM

Kazakhstan to Ban Bitcoin Tradings 

The National Bank of Kazakhstan has prepared amendments to the legislation aimed at tightening regulation of bitcoin and altcoins in the country. In particular, the institution intends to prohibit the purchase and sale of virtual coins for fiat currency on crypto currency exchanges, as well as any kinds of mining. 

Daniyar Akishev, the head of the National Bank explained that such a position of the regulator is connected with the need to protect the rights of digital currency owners 

United Colors of Benetton Accepting BTC, ETH, DASH, STEEM in Lithuania 

Lithuania is confidently keeping pace with the newest trends in the global financial market. United Colors of Benetton implemented in their Lithuanian franchise a new payment option, which includes such digital currencies as bitcoin, ethereum, dash, steem, and many others. 

Lithuania is actively joining the crypto currency market by applying the fintech in different areas. The country contributes a lot to the establishment and development of blockchain technology as well as virtual coins in general.