Top 5 News For Today — 06 Feb 2018
Summary:
China bans all access to foreign crypto related websites; More Bitcoin ATMs appear daily then Banking ATMs; Bitcoin Cash now available on MT4 and MT5 trading platforms; North Koreans blamed on crypto hacking; Russian crypto-offshore zones may appear in near future
BONUS Thread of The Day — CS:GO Tournament with Cryptocurrency Prize Pool
1.China Bans Foreign Crypto Exchanges
Chinese central bank puts a ban on all foreign websites related to cryptocurrency trades. But one shall note that Hong Kong is out of this. And crypto traders make full use of VPN. And although speculations arise that current market drop may be heavily related to this news, those who want to trade in China will find ways to do it.
China to Ban & Block Foreign Cryptocurrency Trading Platforms, ICOs: Report
https://www.ccn.com/china-ban-block-cryptocurrency-trading-icos-abroad-report/
2.Bitcoin ATMs Outpacing Bank ATMs
USA is leading in current development, followed by Canada. Demand and supply are always dependent on each other, so this means many people would like to cash in and cash out crypto.
Bitcoin ATM Installations Now Outpacing Bank ATMs Despite Price Drop
http://bitcoinist.com/bitcoin-atms-installed-prices-plummet/
3.Roboforex Ads Bitcoin Cash and Three More Cryptocurrencies
Leading leverage broker, ads a CFD contract to Bitcoin Cash, Dash, Litecoin and Ripple in addition to already traded Bitcoin and Etherium. These will be traded against USD on their MT4 and MT5 platforms at a fixed 1:10 leverage.
Roboforex Adds Bitcoin Cash and Three Other Cryptocurrency CFDs for Trading - Bitcoin News
4.South Korea Accuses North Korea on Crypto Hacking
South Korean officials are blaming North Korea for stealing millions from exchanges. They have yet to determine if latest Coincheck hack is related to this. But looks like Kim found great way to surpass sanctions.
South Korea: North Korea Stole Millions from Crypto Exchanges Last Year - CoinDesk
https://www.coindesk.com/south-korea-north-korea-stole-millions-crypto-exchanges-last-year/
5.Russia Drafts Bill To Create Crypto-offshore Islands
Finance Ministry proposed a bill to create to offshore zones. One in Vladivostok and one in Kaliningrad. Other Russian officials claim this is useless but we will see how it goes.
Russia Drafts Bill to Create Offshore Companies to Trade Cryptocurrencies - Bitcoin News
https://news.bitcoin.com/russia-drafts-bill-offshore-trade-cryptocurrencies/
BONUS Thread of The Day
CS:GO Tournament in Belarus Will Pay Winners in Cryprocurrency
CS:GO Tournament to Award Top Prize in Crypto
http://bitcoinist.com/csgo-tournament-award-top-prize-crypto/
This is it for today.
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See you tomorrow!
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