Let’s see the seven famous people who greatly had an influence in the cryptocurrency market in 2017. Mr. Yao Qian, the director of the People’s Bank of China’s Digital Currency Research Institute; Mr. Pieter Wuille, core developers of Bitcoin; Mr. Joseph, Lubin founder of Ethereum and ConsenSys; and Mr. James Dimon, the chairman, and CEO of JPMorgan Chase.
As browser mining services that mine as “sources of income to replace advertisements” on the PCs of people browsing circulate, voices criticizing them as malware-like critical services are also rising.
BBC reported that Google engineers concerned about the situation said that “adopting a protection system against mining use into Chrome is under consideration.”
It is being conjectured that this is due to the expectations towards avoiding the risk from the split getting stronger with the approval rating of the “BIP (Bitcoin Improvement Proposal) 91” – which proposes that the “SegWit2x” hard fork that will expand the block size to 2 times should be put into operation – increasing.
The Securities and Exchange Commission (SEC) caught a new large Bitcoin fraudster. It was amazing because only one man was behind this case. The man raked the money through his broker or dealer company that was not approved by SEC. He deposited at least a total of 18 million USD in bank accounts in 40 different countries such as China, Cyprus, Mauritius, and Monaco.
Six major international banks such as Barclays, HSBC, Credit Suisse, MUFG and others, recently joined the development project for the central-bank-secured cryptocurrency “Utility Settlement Coin (USC)” being promoted by UBS.
Switzerland’s long-established bank, Falcon Private Bank, announced that it would start asset management services for cryptocurrency including Bitcoin under the approval of the Swiss Financial Market Supervisory Authority (FINMA).
A temporary settlement has reached the disturbance from the split, but apart from one being able to predict that the focus will be placed on the handling and price of BCC in the future, with the expansion of Bitcoin’s processing capacity being planned for November, etc., it seems that the disturbance around the Bitcoin environment will continue for the time being.
The market value of cryptocurrency at the end of August 2017 totaled 158.5 billion USD (via Cointelegraph), of which Bitcoin comprised about half. But from the Chinese government announced the ban order on ICOs, the price of cryptocurrency including Bitcoin dropping suddenly and the confusion in the market is a matter of concern.
Cryptocurrency trading platform startup, LedgerX, announced that it had received approval from the U.S. Commodity Futures Trading Commission (CFTC) as a cryptocurrency derivative transaction and settlement organization.
The US entry of Japan’s major cryptocurrency exchange, bitFlyer, is being reported even in the Western media.
According to the report, apart from bitFlyer already acquiring approval for operations in 34 states, it has opened an office in San Francisco and is planning to commence full-blown transactions this autumn.
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