The U.S. tech giant Google is set to update its ad policy in October, re-allowing registered cryptocurrency exchanges located in the U.S. and Japan to advertise.
According to the official announcement, starting in October, Google will allow registered cryptocurrency exchanges to advertise on its Google Adwords platform, targeting the U.S. and Japanese audiences.
"Tokyo Whale" Mt. Gox Trustee Publishes Final Crypto Selloff Equal To $230 Mln.Nobuaki Kobayashi, the trustee of defunct cryptocurrency exchange Mt.Gox, released a new statement this week that recorded the liquidation of almost 26 billion yen in Bitcoin and Bitcoin Cash in around four months.
"Blockchain is ready for government, let's get government ready for blockchain," - Jerry Cuomo, vice president for blockchain technology and CTO at IBM."We [] believe that formal guidance may be an appropriate approach to clearing up legal uncertainties which are causing the environment for the development of innovative technologies in the United States to be unnecessarily fraught," - U.S. Congressmen in a letter to SEC chairman Jay Clayton about crypto regulation.
The U.S. House of Representatives passed a bill on September 26 that would establish a crypto task force to combat terrorist use of cryptocurrencies.
More than 45 representatives from major Wall Street firms and crypto companies took part in a "Crypto roundtable" hosted by Congressman Warren Davidson to discuss Initial Coin Offering and cryptocurrency regulations in Washington D.C. The discussion provided a chance for industry representatives to express their concerns regarding possible regulations of the crypto space.
Ripple Forms Coalition To Fund Crypto-Friendly Lobbying In Washington D.C.Ripple will lead a group of crypto startups to lobby lawmakers and financial regulators in D.C. to support crypto and blockchain innovation.
The coalition of San-Francisco-based crypto firms - Securing America's Internet of Value Coalition - is planning to pay Klein/Johnson Group, a bipartisan lobby group, to assist the crypto and blockchain community in conveying to regulators that the industry needs support from the government.
The crypto markets have had a calm week, with Bitcoin trading at around $6,628 and Ethereum at $235. Ripple has taken second place on CoinMarketCap, trading at around $0.60.The top three altcoin gainers of the week are CareBit, ETERNAL TOKEN, and ACRE. The top three altcoin losers of the week are EagleCoin, Adenz, and BitSerial.
Indian Crypto Exchange Zebpay Stops Trading Due To Banking Ban.Major Indian cryptocurrency exchange Zebpay announced it had stopped all trading due to the country's banking ban this week.
Hodler's Digest, September 23-30: Walmart Embraces Blockchain, Google Does 180 On Crypto-Ad Ban
Published on Sep 30, 2018
by Cointele | Published on Coinage
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