Bitcoin Daily: NYC Townhouse Seeks Bitcoin Buyer, Venezuela Puts Crypto Pressure On Government

12. April 2018.








The Litecoin Foundation is making a second attempt at debit cards, City A.M. reported. According to a tweet from the creator of Litecoin, Charlie Lee, the foundation is working with TenX to bring the card to market.

And bitcoin reached a two-week high on Thursday (April 12), Reuters reported. Other cryptos fared well, too, such as Ethereum and Ripple. Still, bitcoin isn’t anywhere near its price in December, which was $20,000. As of 10:00 p.m., according to CoinDesk, bitcoin was trading at $7,780.79.

In Venezuela, the country’s digital currency will become legal tender for transactions in which government institutions are involved per a government proclamation, Bloomberg reported. Governmental organizations, such as airports and ministries, must accept the crypto, which is dubbed Petro, within 120 days. And the regulation of crypto will be left to the government, while a new Cryptocurrency Treasury will oversee the trading, emission and other aspects of the currency.

And the superintendent of The New York State Department of Financial Services (NYDFS) says that cryptocurrency regulation helped the industry mature, CoinDesk reported. “The regulatory structure that we created for virtual currency has helped our licensed companies attract greater interest from customers, investors and potential financial services partners … while protecting market integrity by stringent standards applicable to all law-abiding business enterprises,” Maria Vullo said in her remarks at the Conference of State Bank Supervisors.

In other news, there’s a website asking for donations in return for not sharing your password, The Next Web reported. The site apparently checks whether a user’s e-mail address was breached in a past scam, but it will also reportedly display the password of a comprised account unless a user makes a $10 donation in cryptocurrency. The Next Web declined to post a link to the site out of security reasons, but it reports that the scheme hasn’t caught on.

Finally, a mansion in Manhattan can be had for, well, cryptocurrency, Curbed reported. A townhouse in the Upper East Side is going for $45 million in bitcoin, Ethereum or Ripple – but buyers who choose cash will only have to fork over about $30 million in U.S. dollars.

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