#CryptoCorner: Facebook ( $FB) Lifts Ban on #Crypto Advertising but Not ICOs, Malta Passes #Crypto Bills Unanimously, ING Survey Indicates Crypto Ownership will Double and Huobi Pro Discontinues Service in Japan
#CryptoCorner: Facebook (
$FB) Lifts Ban on #Crypto Advertising but Not ICOs, Malta Passes #Crypto Bills
Unanimously, ING Survey Indicates Crypto Ownership will Double and Huobi Pro
Discontinues Service in Japan
Point Roberts, WA, Delta BC –June 27, 2018 - Investorideas.com, a leader in crypto and
blockchain investing news reports on what’s driving the cryptocurrency markets
with today’s edition of Crypto Corner.
Crypto
Corner –June 27, 2018
Read this in full at http://www.investorideas.com/news/2018/crypto-corner/06271Facebook-ICOs-Malta-ING-Huobi.asp
Facebook Lifts Ban on Crypto Advertising but Not ICOs, Malta Passes
Crypto Bills Unanimously, ING Survey Indicates Crypto Ownership will Double and
Huobi Pro Discontinues Service in Japan
Facebook has reversed its ban on advertising for
cryptocurrencies, effective immediately, according to an announcement yesterday. The ban is still in effect for initial
coin offerings (ICOs), however.
Following on from yesterday’s news, the Maltese parliament has unanimously approved
the three crypto and blockchain bills under consideration yesterday. Silvio
Schembri, Malta’s Junior Minister for Financial Services, tweeted out the news yesterday.
Today Maltese
Parliament unanimously approved 3 bills on DLT/blockchain, a 1st in the World.
Honored to have driven these bills. Announced that Mr Stephen McCarthy will be
the CEO of the new #Malta Digital Innovation Authority. #BlockchainIsland -SS
Global market
research and consulting firm Ipsos, on behalf of ING Bank, has published the results of the ING International Survey on
cryptocurrency. Among the findings were that crypto ownership is expected to
double, with 9 percent of Europeans currently owning and 25 percent expecting
to buy some in the future. Furthermore 35 percent of Europeans see
cryptocurrency as “the future of spending online” and the same amount see it
increasing in value in the next year.
According to a
report from Coinpost, a Japanese
outlet, crypto exchange Huobi Pro announced the suspension of its service in
Japan due to its lack of registration with the country’s Financial Services
Agency (FSA).
Huobi does not
register the virtual currency exchange business based on the "funds
settlement law" of Japan. Therefore, we do not conduct virtual currency
exchange business in Japan.
Sam Mowers, Investorideas
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