#cryptocurrencies

Moscow hosted Blockchain & Bitcoin Conference Russia on November 10, one of the biggest industry events in Eastern Europe.

According to a nationwide survey by NAFI Center for Analytics, over the course of the last 12 months the percentage of Russians believing that bitcoin should be banned has dropped down to 20 per cent, with 34 per cent speaking in favor of the cryptocurrency.

Eugene Kaspersky, the head of Kaspersky Lab, believes that even if cryptocurrencies get widely accepted, it is unlikely to happen earlier than “in five hundred years,” and only in the form of some analogs of what we know today.

Russia may become the world’s first country to pass a cryptocurrency regulation law, according to the State Duma’s anticorruption and security committee deputy chairman Andrei Lugovoi.

According to media reports, Japan’s Financial Services Agency, the country’s financial regulator, is weighing on abandoning the 8% sales tax which bitcoin and other cryptocurrencies are currently subject to.

Each day, blockchain, the technology that underlies Bitcoin, penetrates the world of finances deeper and deeper with many signs pointing to it eventually winning a big part of the market. Ukraine is no exception in this regard. Moreover, the largest country in Europe  has every reason to consider itself one of blockchain’s trend-makers.

Bitcoin price consolidates at $625 while two websites related to cryptocurrencies are blocked Russia, ETC is added to the Jaxx wallet and DECENT content distribution network ICO is finally launched. These are just some of the news from the past week.

Bitcoin back onto a growing track again, Monero becoming a darknet “star”, Apple not happy with Dash, and other hot topics in ForkLog’s weekly news digest.