Bitcoin news for 30th may 2017 world wide
Here are some of the top Bitcoin news stories from around the world on May 30th, 2017:
Global
- Bitcoin Price Surges to New High: The price of Bitcoin reached a new all-time high of $2,780.55 on May 30th, according to data from CoinMarketCap. The surge was attributed to increased demand and a growing number of institutional investors entering the market. (Source: Bloomberg)
- Bitcoin's Market Capitalization Reaches $45 Billion: The total market capitalization of Bitcoin reached $45 billion, surpassing the market capitalization of several major companies, including Intel and Coca-Cola. (Source: CoinDesk)
North America
- US Regulators Crack Down on Unlicensed Bitcoin Exchanges: The US Financial Crimes Enforcement Network (FinCEN) issued a warning to unlicensed Bitcoin exchanges operating in the country, stating that they are subject to fines and penalties. (Source: Coindesk)
- Canadian Bank Partners with Blockchain Startup: The Canadian Imperial Bank of Commerce (CIBC) partnered with blockchain startup, SecureKey, to develop a secure digital identity verification system. (Source: The Globe and Mail)
Europe
- European Union Proposes New Anti-Money Laundering Rules: The European Union proposed new anti-money laundering rules that would require cryptocurrency exchanges and other financial institutions to report suspicious transactions. (Source: Reuters)
- UK Government Launches Blockchain Research Initiative: The UK government launched a new research initiative to explore the potential applications of blockchain technology in various industries. (Source: The Telegraph)
Asia
- China's Bitcoin Trading Volume Surges: Despite a ban on initial coin offerings (ICOs) and cryptocurrency trading, China's Bitcoin trading volume surged to $1.5 billion in May, according to data from OKCoin. (Source: The Block)
- Japan's Bitcoin Trading Volume Reaches Record High: Japan's Bitcoin trading volume reached a record high of ¥1.4 trillion ($12.7 billion) in May, according to data from the Japan Virtual Currency Exchange Association. (Source: Nikkei Asian Review)
Other
- South Korea's Bitcoin Trading Volume Surges: South Korea's Bitcoin trading volume surged to ₩1.2 trillion ($1.1 billion) in May, according to data from the Korea Exchange. (Source: Yonhap News Agency)
- Russia's Central Bank Warns of Bitcoin Risks: Russia's Central Bank warned of the risks associated with Bitcoin, stating that it is not a secure investment and can be used for illegal activities. (Source: TASS)
These are just a few of the top Bitcoin news stories from around the world on May 30th, 2017.