LastWeek Blockchain December 18th, 2017

L A S T W E E K B L O C K C H A I N  - DEC 18th 2017

LastWeek Blockchain - December 18th, 2017  

  • CoinTelegraph reports France will enable FinTech companies to trade unlisted currencies on Blockchain Technology. Finance Minister Bruno LeMaire says, "The use of this new technology will allow fintech firms and other financial actors to develop new ways of trading securities that are faster, cheaper, more transparent and safer.”
  • Fortune.com reportsWinklevoss Twins bought 11 Million dollar's of Bitcoin 4 years ago, today that investment is worth over 1 Billion.
  • TechCrunch points out that Ethereum "Virtual Cats" are behaving similar to the beanie babies craze, amounting to over 1 M in transactions. 
  • Coindesk reports Chicago Mercantile Exchange's Bitcoin Futures open Bullish, set above 20K for Jan 18th, 2018, with 200 orders in the first hour. 
  • S. Korea's financial regulators consider limiting Cryptocurrency trading. 
  • Coindesk reports HongKong Securities and Futures Commission designate Bitcoin Futures as a Type 2 regulated activity, essentially reducing the number of companies who can sell Bitcoin Futures to citizens of HongKong. 
  • Securities and Exchange Commission (SEC) files lawsuit in federal court in Brooklyn, New York against scammy ICO, "PlexCoin", which "promised 1,354% profit in less than 29 days".
  • SEC Chairman says most but not all ICO's, are in fact a securities offering.
  • German Company, Deutsche Boerse considers listing Bitcoin Futures on Eurex, which is Europe's largest future's market. 
  • Facebook Messenger VP joins Coinbase's Board of Directors.

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