Weekly Crypto Report (11-17 Nov 2019) | What Happened This Week in Crypto

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Here you will know about the weekly crypto report of last week regarding bitcoin and other cryptocurrency events happened all around the world.

1 China May Ban Cryptocurrency Trading Exchanges

Soon after Jinping’s praise for the Blockchain technology, the financial regulators in China have set to crack down the cryptocurrency trading again. As per the notice, the regulators from each district of Shanghai must search gather and inspect information about all the ongoing cryptocurrency exchange related services before the 22nd of November. 

2 Iran’s Government Offers Bounty to Find Illegal Cryptocurrency Mining Operations

A local news outlet published on 13 November that the Iranian government will offer bounty programs to those who find illegal and unauthorized cryptocurrency mining operation in the country. Energy Ministry spokesperson announced the bounty program during an interview with the local news outlet IRIB News. Mostafa Rajabi, the Energy ministry spokesperson told IRIB news

3 UK Travel Company Start Accepting Bitcoin Payments For Flight Bookings

United Kingdom (UK) Travel Company Alternative Airlines start accepting bitcoin payments for flight bookings, reported on 13 November 2019. According to the report, The UK travel company Alternative Airlines partnered with the Digital Payment processor of Swiss Utrust in order to allow customers to book flights with cryptocurrencies like Bitcoin, Dash, Ethereum, Digibyte and with…

4 China Central Bank: No Digital Currency is Issued Yet

The central Bank of China PBoC (Public’s Bank of China) has officially stated that they are in the process of testing and research of the digital Yuan. The central bank of China announced on 13 November that some reporters are saying the central bank has issued its own digital Yuan currency. The Public’s Bank of …

5 Bitfinex Will Launch The Options Trading & Gold-backed Stablecoin In Q1 2020

The largest cryptocurrency exchange Bitfinex announced to launch the options trading as well as gold-backed stablecoin in the first quarter of 2020, reported on 12 November 2019. The CTO of Bitfinex Paolo Ardoiono didn’t provide much information regarding the gold-backed stablecoin but he said that the company is mainly focussing on the launch of options…

6 Bitcoin CME Gap Filled Ready For Another Big Move?

Bitcoin price is very volatile in the past few weeks. Yesterday Bitcoin see a $500 pump in 2 minutes and stable around $9150 for next few hours. The dust is now settled and the price dumped to the daily lows. Bitcoin is now trading at $8800. Meanwhile, major cryptocurrencies show mixed signals. Bitcoin CME Gap

7 Tunisia Launched First Central Bank Digital Currency Using Blockchain

The Central Bank of Tunisia launched its digital currency as E-Dinar based on blockchain technology worldwide first time in history, This is accomplished with the help of Russian blockchain startup Universa where the currency is issued on the Universa blockchain, reported on 07 November 2019. As per the report, the newly launched central bank digital