Report: Peter Thiel

Founders Fund, the Silicon Valley venture capital firm known for its early investment in Facebook, is stepping into the world of cryptocurrencies, according to a new report. Co-founded by high-profile investor Peter Thiel and based in San Francisco, Founders Fund has bought $15 million to...
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Egypt

Egypt’s Islamic religious leader is now weighing in interpreting the legitimacy of cryptocurrency trading, local news reported. Shawki Allam, the current Grand Mufti of Egypt, the highest official of the Islamic religious law, said on Jan 1 that cryptocurrency trading is forbidden under the Islamic religious...
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Malaysian Minister: No Bitcoin Trading Ban Planned

Malaysia’s second finance minister has said the government will not ban the trading of bitcoin and other cryptocurrencies, though it will remain cautious on the technology. In an interview with The Malaysian Reserve, Johari Abdul Ghanis emphasised the importance of “striking a balance between public interest...
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What Do We Do With All This Money?

Wendy Xiao Schadeck is a venture investor at Northzone, based in New York City. She has been following the blockchain space closely, focusing on the behavioral perspective. The following article is an exclusive contribution to CoinDesk’s 2017 in Review. With $4 billion in capital raised in ICOs,...
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ECB

European Central Bank (ECB) executive board member Yves Mersch has said bitcoin poses a threat to economic stability if financial infrastructure institutions get involved with the cryptocurrency. In an interview with a German daily Börsen-Zeitung, Mersch said that bitcoin’s trading volume is currently “comparatively low” and is...
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