US meeting to discuss crypto regulation, Ebang launches a new line of miners, Paxos is not accessible, crypto doesn't pose financial risks, Swell event hosted by Ripple, North Korea uses crypto to evade sanctions, 'B Foundation' is announced, London loves crypto
- Legislating Certainty for Cryptocurrencies: a meeting that will be presided by Ohio Representative Warren Davidson is set to take place this week.
- Ebang Communication, one of Bitmain’s biggest rivals and the world’s largest manufacturers of application-specific integrated circuit (ASIC) chips for bitcoin miners, has unveiled the next generation of its flagship product line, complete with an upgraded chip.
- Paxos Standard (PAX) is not directly accessible by law enforcement, as the crypto community fears, but the team has reserved the right to freeze tokens if required by the relevant authorities.
- The Bank of International Settlements (BIS) has issued a new report, outlining that cryptocurrencies do not pose a global financial stability risk, directly contradicting previous statements made earlier this year by this ‘central bank of central banks’.
- On October 1st to the 2nd, Ripple is hosting the SWELL event in San Francisco, CA. Former US President, Bill Clinton, will be the keynote speaker at the event. Many XRP fans are eager to find out what will be announced or discussed.
- Independent financial analysts Lourdes Miranda and Ross Delston from Asia Times believe that North Korea has been using cryptocurrencies to circumvent U.S. led economic sanctions.
- ‘B Foundation’ was announced at Baltic Honey Badger bitcoin conference. At the event, Satoshi Labs co-founder Alena Vranova divulged the information of a new foundation that will have a mix of ‘charitable and commercial’ efforts.
- A recent survey carried out by Atomik on behalf of Rathbone Investment Management reveals that 30% of Londoners plan to invest in cryptocurrencies, over twice as much as the national average of 13%.
- Bitcoin is traded at the price of $6,424, ETH dropped down to $210 at the moment of writing.