🗞 Daily Crypto News, December 30th💰

• Japan Approves New Bitcoin Exchange as Adoption Grows and Peers Expand Overseas ;
• India’s Ministry of Finance Compares Bitcoin and Cryptocurrencies to ‘Ponzi Schemes’
• Banks of Future Will Face Digitally-Empowered Customers: Expert Blog
• Blockchain in Healthcare: 2017's Successes
• Surveys: 73% of Russians Will Increase Crypto Investments

🗞 Japan Approves New Bitcoin Exchange as Adoption Grows and Peers Expand Overseas

The Japanese financial regulator has approved one more cryptocurrency exchange, making it the 16th exchange to be licensed. As competition intensifies, some local exchanges are branching abroad in search for more volume and liquidity. Meanwhile, more merchants are embracing bitcoin.

Read more & Source: https://news.bitcoin.com/japan-approves-new-bitcoin-exchange-adoption-grows-peers-expand-overseas/

🗞 India’s Ministry of Finance Compares Bitcoin and Cryptocurrencies to ‘Ponzi Schemes’

Part of the statement reads:

“There is a real and heightened risk of investment bubble of the type seen in Ponzi schemes which can result in sudden and prolonged crash exposing investors, especially retail consumers losing their hard-earned money. Consumers need to be alert and extremely cautious as to avoid getting trapped in such Ponzi schemes.”

Read more & Source: https://cointelegraph.com/news/indias-ministry-of-finance-compares-bitcoin-and-cryptocurrencies-to-ponzi-schemes

🗞 Banks of Future Will Face Digitally-Empowered Customers: Expert Blog

Over the last 10 years, mobile phones have introduced the Internet into all our economic and social interactions. Already, in places such as Chinese, we see mobile apps like WeChat and Alipay dominating more than 90 percent of the payments market. They are not competing for profits, but to learn their users’ likes and dislikes, and to understand their habits and financial status. This knowledge is used to build a user profile that is then sold to advertisers or translated into lending.

Read more & Source: https://cointelegraph.com/news/banks-of-future-will-face-digitally-empowered-customers-expert-blog

🗞 Blockchain in Healthcare: 2017's Successes

Entering 2018, two things are clear – 1) healthcare is ripe for disruption and 2) there is a massive opportunity for blockchain technology to lead this transformation.

From medical records to the pharmaceutical supply chain to smart contracts for payment distribution, there are plenty of opportunities to leverage blockchain technology in healthcare. At the end of 2017, however, you'd be forgiven for thinking there hasn't been much progress.

Read more & Source: https://www.coindesk.com/blockchain-healthcare-2017s-successes/

🗞 Surveys: 73% of Russians Will Increase Crypto Investments

A recent survey shows that 49% of Russians want to receive cryptocurrency as gifts, with a large percentage specifying bitcoin. As cryptocurrencies grow in popularity, another survey reveals 73% of Russian investors expect to increase their cryptocurrency holdings next year.

Read more & Source: https://news.bitcoin.com/surveys-73-of-russians-will-increase-crypto-investments/

🗞 Daily Crypto News, December 29th💰
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🗞 Daily Crypto News, December 25th💰