Top Stories, Price Movements, Quotes and FUD of the Week

Top Stories This Week Research: ‘Free’ Electricity for Students Makes College Campuses Major Crypto Miners According to research from tech conglomerate Cisco, college campuses are the second-largest crypto miners across industry verticals. The researchers investigated crypto mining activities across a variety of industries, finding that university campuses are ranked the second-biggest miners of digital currency …

Top Cryptos See Slight Growth as Bitcoin Approaches $4,000

Saturday, March 9 — most of the top 20 cryptocurrencies are reporting slight gains on the day by press time. Bitcoin (BTC) is approaching the $4,000 mark again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is up just under one percent on the day, trading at around $3,960, according to …

German Financial Regulator Issues Paper on Blockchain Securities Regulation

The German Federal Ministry of Finance has published a key issues paper on the treatment and regulation of blockchain-based securities, according to a ministry announcement on March 8. In the paper initially released on March 7, the regulator discusses the introduction of regulations for electronic securities and the issuance of crypto tokens. The document stipulates …

Germany Proposes Launching State-Run Electronic Register for Blockchain Sector

Germany’s justice and finance ministries have proposed to launch a state-run register to boost the use of blockchain, Reuters reports on Friday, March 8. According to the Reuters, the seven-page initial guidelines offer to create a register to regulate the sector and protect investors from possible abuses. The document reportedly states that regulation in the …

Crypto Skeptic Massachusetts Secretary Creates Fintech Advisory Group

The office of the Secretary of the Commonwealth of Massachusetts, which oversees the state’s securities regulator, has reportedly formed a fintech advisory group, banking trade publication American Banker reports on March 7. The office of Secretary William Gavin has reportedly formed a group comprising representatives from Eastern Bank in Boston, a blockchain firm called Arwen, …

Ruling Russian Political Party Launches Blockchain-Based E-Voting

The ruling party of the Russian Federation, United Russia, has launched a blockchain-based platform for electronic voting, local news agency TASS reported on March 6. United Russia has reportedly launched an updated website for its primaries with the added function of e-voting. The party’s head of IT projects Vyacheslav Sateyev said that the vote counting …

Crypto Investors Are Driven by Interest to ‘Get Rich Quick’

The United Kingdom’s Financial Conduct Authority (FCA) has published two pieces of research on Thursday, Mar. 7, which examine the attitudes of U.K. crypto consumers. The first study, conducted by research firm Revealing Reality, uses qualitative interviews to focus on the understanding of cryptocurrencies and motivations behind people’s decisions to invest in crypto assets. The …