American entrepreneur and cryptocurrency enthusiast John McAfee believes that cryptocurrency firms are not required to prevent the use of crypto assets for crime.
Washington D.C.-based news agency The Hill reports that although McAfee himself is concerned about the use of cryptocurrencies in illegal activities, he believes that cryptocurrency exchanges and companies should not monitor suspicious activity.
According to the director of cryptocurrency exchange Binance, Changpeng Zhao, the platform plans to add support for all 180 fiat currencies of the World.
According to Zhao, Binance intends to provide customers with "direct access to the great liquidity" available on the exchange. This statement discloses the exchange's plans for cooperation with third-party services to add as many trading pairs with fiat currencies as possible.
Ethereum co-founder and CEO of Consensys Joseph Lubin hopes that China's state-owned cryptocurrency will be compatible with open blockchains, including Ethereum.
Lubin expressed his opinion during an interview with Forbes, published on November 9.
Turkish President Recep Tayyip Erdogan said the government will finish testing digital currency from the Central Bank of the Republic of Turkey in 2020.
The Turkish Central Bank plans to release a digital lira in accordance with the annual presidential program at the end of next year. Along with the launch of its own cryptocurrency, the government is going to begin developing a special platform for making instant payments with a digital lira. The Turkish Council for Scientific and Technical Research (TUBITAK) will also work on the project.
Now a little more than 18 million Bitcoins have been mined, and the maximum number of BTC cannot exceed 21 million. Bitcoin enthusiast Charlie Shrem believes that in a few years even 5 BTC will be able to change the life of their owner.
Of course, 5-10 Bitcoins is from 45 to 90 thousand dollars at the current exchange rate, and not everyone can afford such money. However, on the other hand, even 1 BTC, in the case of multiple growth, can change the life of the owner.
Blockstream Chief Strategy Officer, Samson Mow, believes that regulators' hostility towards Bitcoin could be a "double-edged sword" for the organizations themselves.
Mow said that bitcoin really solves a large number of problems of the traditional financial industry, for example, inflation. In his opinion, the countries of the world will have to accept cryptocurrencies because of their advantages, and the hostility of regulators towards Bitcoin can destroy the credibility of them.
Fundstrat Global Advisor Managing Partner and cryptocurrency enthusiast Tom Lee believes that after the recent strong growth in Bitcoin, the bulls have again begun to dominate the market.
Max Property Group Brings Innovation and Transparency To Real Estate
Despite being the most valuable asset class in the World, the technology underlying the real estate investment market has remained largely unchanged for decades. Max Property Group, a real estate investment company in the Netherlands, having suffered antiquated practices and outdated technology first hand, has developed a platform with the potential to rock a US $228 trillion market.
Heath Tarbert, chairman of the U.S. Commodity Futures Trading Commission (CFTC), believes that Ethereum futures will be launched as early as next year.
During his speech at Georgetown University, Tarbert expressed the view that air futures will appear within 6-12 months, however, the launch of such products does not mean an immediate growth in the cryptocurrency industry.
Well-known American entrepreneur and cryptocurrency enthusiast John McAfee believes that stablecoins are only an intermediate solution for decentralized exchanges.
McAfee mentioned the main problems associated with the conversion of fiat and cryptocurrencies on exchanges. According to him, stablecoins are not quite suitable for use on decentralized exchanges, given that such exchanges do not collect any information about users, including their names, addresses, insurance number, email, etc.