The conference brought together state officials and business representatives to share their views on the legal status of cryptocurrencies in Russia. CoinFox reports from the event.
In his forecast, Stepan Gershuni, Product Manager at BitFury, lists four necessary elements for steady development of the cryptoeconomy in the upcoming year.
In the third quarter of 2016, Asian companies received the largest bulk of the total venture investments in fintech sector. However, blockchain and crypto startups are not among the leaders.
For the first time, the cryptocurrency event features a Russian parliamentarian among its speakers: the state is interested in the blockchain.
The blockchain technology has a great potential, but there is a long way before its large-scale implementation, says the head of the Fed Lael Brainard.
At the end of 3Q 2016, the total bitcoin venture capital investments were estimated to be around US$330 million, which is considerably lower than in the same period of 2015. Let us see, why.
Since the beginning of 2015, the blockchain has been one of the most valued asset of the financial sector and IT industry. Yet, banks are still struggling to demonstrate valid use cases of the technology.
The 2-day event in Shanghai was a massive success as the world’s leading banks, technology corporations and financial institutions expressed their positive attitude towards the technology.
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