China Declares Bitcoin As Property! Central Banks Prefer Crypto? SONY “Contactless” Hardware Wallet

In our latest crypto news section, we are talking about a lot of analysis considering the researchers and traders and how they feel if the leading cryptocurrency, Bitcoin could possibly go over the $7,000 mark.

To continue our bitcoin news segment, we cover the report done by the Bank of Canada where it shows that Bitcoin adoption and general crypto awareness in the country are growing year by year. From the 2.9% of people who owned Bitcoin in 2016, the report estimated that the number in 2017 rose to 5%.

Next up we have we have the major crypto web wallet provider Blockchain in a new partnership deal with the hardware wallet producer Ledger that will see both of the companies manufacturing a custom hardware device that will allow all users of Blockchain to manage their online and offline funds in a simple and familiar interface.

Of course, we have some scam news but this one is actually a good one. Our reporter is covering the news about the hacker Grant West that was captured by UK authorities helped by authorities from Delaware for stealing more than $700,000 worth of bitcoin.

An IBM study is in our crypto news about the interest of central banks about adopting digital currencies issued by the central banks themselves. Most of them keep away from cryptocurrencies because of the inconsistencies in how these digital currencies are categorized.

To continue, electronics giant Sony is working on a new technology that could help cryptocurrency users to store their assets in a secure way.

Our reporter is finishing off with the news about the Shenzhen Court of International Arbitration for publishing a case analysis that details new (potential) rules – triggered by a recent economic dispute that involved a business contract relating to possession and transfer of crypto assets.