21.05.2018 >> the main thing today on the cryptocurrency market

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Tether Company released 250 million new USDT tokens. Thus, after the issue, the total number of USDT tokens reached 2,5 billion. It is worth noting that not only many representatives of the cryptocurrency community are skeptical about the activities of Tether – regulators are also closely monitoring the company. So, in winter, the US Commodity Futures Trading Commission sent Tether subpoena, after which the company became very sharp increase emissions. It is worth noting a few days ago the startup Circle in partnership with the manufacturer of mining equipment Bitmain announced release analog USDT.

Founder of Ethereum Vitalik Buterin опубликовал Tweet, in which he asked his subscribers to vote if he should go to the Google development team. To the record, he attached a screenshot of the letter from the employee of the search giant for hire staff with a similar proposal. Most respondents voted against such a transition, and later the tweet was completely removed. Buterin himself has not yet commented on this situation. Recall in March стало известноGoogle is working on cloud blockchain solutions.

Amber Bolden, former top manager of JPMorgan, surethat Wall Street will start trading cryptocurrencies “even earlier than it seems”. Baldet cited regulatory uncertainty and the lack of secure solutions for storing digital currencies as the main reasons why this is not happening yet. Worth noting last week Coinbase presented several new products for institutional investors, which are aimed at storing digital assets.

Exchange

In the UK, the LMAX Exchange Group Launched The country's first cryptoplatform for institutional investors. It is reported that the new site, called LMAX Digital, will initially be dealt with Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple. The company also noted that they intend to open offices in Tokyo and New York to improve the quality of service.

OKEx ex-head Chris Lee went over to rival company Huobi as vice president of global business development. Worth noting his post he left just a week ago. Back at OKEx, they said that Lee left for personal reasons to “start a new life.”

 

Regulation

Researchers and investors with the French Polynesia government develop the project of a sovereign floating state in the Pacific Ocean, where calculations will be carried out using its own cryptocurrency Varyon. It is reported that the start of Blue Frontier will be in charge of the project, and the “floating island” will appear by the 2022 year.

Parity Company will close PICOPS service due to non-compliance with EU data protection regulations. In particular, the PICOPS functionality contradicts the one specified in the EU General Data Protection Regulation right to oblivion, and therefore the Parity team decided to stop the service. At the same time, the head of the company, Jutta Steiner, stated that some standards of data protection regulations should be revised, since “the way public decentralized networks work means that there is no question of deleting personal data”.

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