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Some World Crypto News
1- The potential impact of cryptocurrencies and blockchain technology on the financial system needs more clarity before the Swiss central bank would consider issuing a digital franc, says board director Thomas Moser.
2 - This week the Federal Reserve Bank of St. Louis added cryptocurrency to their Federal Reserve Economic Data (FRED) database. It’s a seemingly small gesture, but one that signals to most observers crypto’s maturation, at least in the eyes of arguably the most important central banking institution in the world.
3 - Bithumb Working With Other Crypto Exchanges to Recover Hacked Funds. In a press release issued today, the Korea Blockchain Association, a self-regulatory group comprised of exchanges and blockchain startups, called the hack "embarrassing," but added that exchanges taking on hacking losses is "a good way to protect our users."
4 - India’s largest exchange Zebpay sent out a notice to users warning banks may terminate deposits and withdrawals anytime soon.
5 - A Japanese court ruled Friday to pull infamous Bitcoin exchange Mt. Gox out of bankruptcy, opening the door for at least $1 billion worth of cryptocurrency to be paid back to the company’s former customers.
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