Cryptocurrency news today 14 Aug

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Cryptocurrency news today 14 Aug

Team Cryptocoins.group presents to your attention a regular column – “the news of the cryptocurrency today”. Recall that in this column we publish news, which influence on the exchange rate of the cryptocurrency of the TOP 100 by market capitalization according to Coinmarketcap.

Cryptocurrency market in the last day (and particularly the Top 10) again in the red zone. Suffered significant losses Ethereum (14,48%), EOS (12,49%), Cardano (18,18%).

Major stock exchange in Jamaica will now operate with the blockchain startup Blockstation. By the end of the year it is planned to create a platform on the basis of the exchange for trading digital currencies. While it’s unclear what cryptocurrency will be the first listing, but the exchange’s management believes that digital assets are the perfect complement to traditional financial: shares, bonds.

Throughout the US you can now sell and pay with bitcoins using the Cash App by Square. This has been done, despite the fall in the cryptocurrency market and fairly strict regulation in some States. The company received the license Regulations in June, significantly increasing the number of users and income.

Was published the scandalous statement from cryptocurrency fraudster. He spoke about the criminal scheme on Twitter, which promised investors free tokens, Ethereum, multiplication, savings and secure income. In the end, the attackers earn from 50 to 100 thousand dollars, especially using bots. Fans of free tokens are not even confused by the lack of account verification Scam. Although no evidence of such schemes have not yet been provided.

The President of Venezuela found a new solution from hyperinflation in the country. Now all prices and wages will be tied to a local cryptocurrency. A month ago the government announced that will be redenominated the Bolivar, which will remove five zeros. In addition, he will be bound to el Petro and will change its name to “sovereign Bolivar”. The project will enter into force on the twentieth of August.

Nick Szabo, a cryptographer, warns against the approval of the exchange’s bitcoin funds. This is despite the fact that all look forward to their adoption and believe that it will increase the flow of funds into the cryptocurrency market. Szabo stressed that the market does not need the ignorant, who are easy investment and quick profits. While the Commission on securities and stock exchanges of the USA has not yet made a final decision.

The Governor of Jeju province in South Korea expressed its intention to turn the island into the blockchain center. Although the government quite strictly refers to cryptocurrencies, Jeju you can make area for free circulation ICO and cryptocurrency. The proposal was made at the meeting of Governor with the government. Plan to create several blockchain startups and ICO projects on the island to collect the necessary funds for the development sector. In the future we plan to form a special structure supported by the government. Last fall, the South Korean government banned the ICO projects and cryptocurrency lending, but, apparently, plans to make an exception for the island of Jeju.

Coinbase, a well-known cryptocurrency company, has announced the reduction of the commissions for the management of index funds. The year was one percent instead of two. This is done to attract investors from other financial spheres in kriptonyte. The minimum investment in the Fund Coinbase is 250 thousand dollars, and the maximum ? twenty million dollars.

Stay tuned not to miss any important event from the world of cryptocurrency!

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