Selected Crypto Articles of the Day
bitcoin·@ali.awada·
0.000 HBDSelected Crypto Articles of the Day
 Hello steemians, the best three articles i have read today (Every day, i read 12 to 15 articles, i choose the most interesting and summarize them for you. Interesting articles, hope you enjoy them) ### Article no 1: ### Bitcoin price soars as US threatens cryptocurrency laws – Ethereum, Litecoin and Ripple also up as crypto-comeback continues ### Summary: The continued crypto-bounceback comes as US lawmakers consider new rules or laws to govern the notoriously volatile digital money markets. Even free-market Republican conservatives, normally wary of government red tape, said regulation could be needed if cryptocurrencies threaten the American economy. Regulators globally have raised the alarm over cryptocurrencies, saying they may aid money laundering and terrorist financing, hurt consumers and undermine trust in the global financial system. France and Germany want cryptocurrencies on the agenda for the upcoming G20 meeting of the largest advanced and developing economies ‘I’m a total free-marketer, so I don’t want to regulate,’ said Republican Representative Dave Brat, a member of the conservative House Freedom Caucus. ‘But if it’s a currency that could destabilize the whole economy, you’re going to have that conversation,’ he said. ### Personal Opinion: **_Either you believe in the blockchain technology, or you don't, of course there will be regulations and rules in the following months, the market may suffer a little bit, it is not logical that the market increases every day, but at the end cryptos will survive and they ll share a major part of global economy_** -------------------------------------------------------------------------------------------------------------------------------------------------------------- Read Original Article: http://metro.co.uk/2018/02/20/bitcoin-price-soars-us-threatens-cryptocurrency-laws-ethereum-litecoin-ripple-also-crypto-comeback-continues-7327660/ --------------------------------------------------------------------------------------------------------------------------------------------------------------- ### Article no 2: ### Ripple A Step Closer to Entering the World of Mainstream Finance (XRP) ### Summary: Western Union was just added to the growing list of financial institutions that are test-driving Ripple. After more than a month of speculation, financial services provider Western Union said it is testing transactions with the use of Ripple. The announcement, makes the globally known money transfer company the largest firm to test XRP in its internal payment flows. Details about the trial were slim, but Western Union’s CEO confirmed his company is considering ways to use Ripple to settle transactions. Western Union isn’t the only major finance company experimenting with Ripple. Just this week, the central bank for the Kingdom of Saudi Arabia signed an agreement to bring Ripple’s blockchain software ### Personal Opinion: **_If Ripple proved to be successful, his target clients (banks and financial institutions) will increase his MarketCap big time, and it ll be adopted by the world of Mainstream finance, all you have to do is wait for western union feedback_** --------------------------------------------------------------------------------------------------------------------------------------------------------------- Read Original Article: http://wallstreetpit.com/114538-ripple-xrp-entering-mainstream-finance/ --------------------------------------------------------------------------------------------------------------------------------------------------------------- ### Article no 3: ### Philippine Banks Team Up to Develop Visa Blockchain Payments Platform ### Summary: Fiva banks in the Philippines have signed a deal to adopt Visa's blockchain payment platform. Manila-based Union Bank is leading an initiative in the Philippines to promote the adoption of Visa’s blockchain payments platform. According to Aguda, the company will initially focus on the four rural banks that showed enthusiasm for the platform but added they are open to more partnerships. UnionBank president and CEO Edwin Bautista said the bank is aiming to tap the small and medium-sized enterprise (SME) partners of their current corporate clients as potential customers for the new platform because blockchain is seen as a faster, more secure and cheaper way to send cross-border payments. ### Personal Opinion: **_Every day more and more institutions are seeing that this technology is too good to be ignored, they are starting to test it else they ll extinct like dinosaurs._** -------------------------------------------------------------------------------------------------------------------------------------------------------------- Read Original Article: https://cryptovest.com/news/philippine-banks-team-up-to-develop-visa-blockchain-payments-platform --------------------------------------------------------------------------------------------------------------------------------------------------------------- #### Other Interesting Articles: * Bitcoin price plummets as mass sell-off drives down value of cryptocurrency and rivals Ethereum, Ripple and Litecoin Link: http://metro.co.uk/2018/02/21/bitcoin-price-plummets-mass-sell-off-drives-value-cryptocurrency-rivals-including-ethereum-ripple-litecoin-7329618/ * Venezuela's oil-backed cryptocurrency more likely to be ruled 'illegitimate' than succeed, economist says Link: https://www.cnbc.com/2018/02/20/venezuelas-new-bitcoin-oil-backed-cryprocurrency-launched-in-bid-to-save-economy.html * stellar-lumens-ethereum- which one is the best investment opportunity Link : http://www.livebitcoinnews.com/stellar-lumens-ethereum-one-best-investment-opportunity/ * Singapore firm to mint Islamic cryptocurrency backed by gold Link: https://www.rt.com/business/419336-malaysia-islamic-sharia-certification-cryptocurrency/ **_The content is intended to offer general information only. It does not provide legal, investment, tax, etc advice._** [image source](https://steemit-production-imageproxy-thumbnail.s3.amazonaws.com/DQmNcuDueUeE2sP3EFsJNtN9tKcBxVjJoY9SbjRnGmtkb87_1680x8400)