At present, the G7 has basically focused its work on the regulation of encrypted digital currencies and has not considered the potential of digging for digital assets. So basically you can not find bitcoin, ethernet or zcash, the cryptocurrencies, on the central bank's investment vehicles and currencies.

However, the situation will be different in 2018 as the G-7 central banks will start buying encrypted digital currencies to strengthen their foreign exchange reserves.

Read More:https://bitzamp.com/g7-central-banks-to-start-buying-bitcoin-and-other-cryptocurrencies/

                                             


Centra, a startup that raised over $30 million this year through Initial Coin Offering (ICO) and promoted by celebrities including boxer Floyd Mayweather Jr., is the target of a class action lawsuit that seeks the return of investor funds. Mayweather is not named in the suit, dated Dec. 13, which alleges Centra’s founders made multiple deceptive statements and sold an unregistered security.

The suit, filed in U.S. district court in Florida, seeks repayment of the Centra investments of primary plaintiff Jacob Zowie Thomas Rensel and other investors. From July to October of this year, investors traded cryptocurrency such as Bitcoin, Ether and Litecoin for a new cryptographic token, or cryptocurrency, to be created by Centra. Centra said it planned to create a debit card that allowed cryptocurrency to be spent through established credit card networks.

Read More:https://bitzamp.com/centra-card-monaco-card-and-tenx-pay-competitor/

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Bitcoin has grown by 1,950 percent in 2017, having started the year at the comparatively tiny $974.

Bitcoin has crown it all by hitting $20,000 barely a month after achieving five figures for the first time. After several weeks of considerable volatility, mixing rapid growth with sudden declines, momentum finally boosted Bitcoin to its new historic high.

Read More:https://bitzamp.com/bitcoin-price-surpass-20000-for-thge-first-time/

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No matter what your stance is on initial coin offerings (ICOs), there’s no doubt that there will be more coming. But where many were and are built using the Ethereum technology, NEO is quickly becoming another viable option. Similar to Ethereum, NEO is targeting the ICO crowd. Even though it hasn’t been determined how far the law will go to intervene, NEO’s ICO template is built for people to take a look at. It seems like this will check all of the boxes when it comes to running a successful ICO campaign.

Read More:https://bitzamp.com/neo-may-replace-ethereum-in-initial-coin-offerings-icos/

                                           

EOS, a blockchain-based, decentralized operating system, designed to support commercial-scale decentralized applications by providing all of the necessary core functionality, enabling businesses to build blockchain applications in a way similar to web-based applications is set to be listed on bithumb one of  the largest cryptocurrency exchange by trading volume.

Read More: https://bitzamp.com/eos-listed-world-largest-cryptocurrency-exchange-bithumb/

                                                       

Stephen Poloz, governor of Canada’s central bank while speaking in a year end speach titled “Three Things Keeping Me Awake at Night,”, told attendees at the Canadian Club of Toronto that the three things that keeps him awake at night at they heads into the new year are;

Cyber threats
Rising household debt due to the cost of housing, and
The difficulties that younger Canadians face when trying to find employment.

However, before he concluded his speech, Poloz confessed that there is something else that causes him to lose sleep: “the noise I keep hearing about cryptocurrencies, especially Bitcoin.”

Read more: https://bitzamp.com/bitcoin-waves-causing-me-to-loose-sleep/

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Arise Bank Partners With Bitshare to build the world first Decentralized financial institution.


Arise Bank Partners With Bitshare to build the world first Decentralized financial institution
December 16, 2017 Bitzamp

AriseBank, the first decentralized bank is teaming with BitShares, the first decentralized exchange to provide a comprehensive platform for real-time delivery of incorruptible financial products and services.

Asquisition of 100 Year Old FDIC Bank

AriseBank announced that they have reached an agreement with an FDIC insured bank, that has been operating in the United States for over a century, that they will acquire them before the end of the year. This comes on the heels of their record ICO launch, where AriseBank plans to raise one billion dollars, which would end up being a record in the ICO investment space.

Read More: https://bitzamp.com/arise-bank-partners-with-bitshare/

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