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Bitcoin and cryptocurrency round-up: 6 April 2018

Posted: 6 April 2018 6:13 pm
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What's going on in cryptocurrency?

The United Nations of crypto, on India's crypto crackdown, Ripple's unwanted ICO, cryptocurrency stability and experts on regulation.

1. All in attendance, hi

The United Nations of cryptocurrency is still a dream.

But it's a dream that's gradually coming to life, says Rupert Hackett, CEO of bitcoin.com.au.

2. How many times can one country ban cryptocurrency?

So far, zero.

Once again India did not ban cryptocurrency. The Reserve Bank is definitely tightening the screws, but the big picture is important.

3. Turns out you can launch ICOs on Ripple. Also turns out that Ripple's not keen on it

And also turns out that Ripple can't really stop it.

A startup named Allvor is taking a token to the Ripple ledger, but to Ripple's mild annoyance.

4. Eaaasy there, markets, eaaasy

Don't spook 'em, the prices are sleeping.

Bitcoin volatility is at an unusual low, thought to be equal parts maturation of the system and the untimely extinction of many day traders in the recent crash.

5. Ever noticed how some regulators walk like this, but some regulators walk like that?

A borderless technology like cryptocurrency probably works best with global regulations.

But this means overcoming some hurdles, including the different flavours of regulation that are preferred in different countries.

Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, BTC, NANO

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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