Crypterium Crypto Digest: Legal Certainty For Crypto In Malta; Satoshi Nakamoto’s book and other news

The world finally has a country where crypto-based businesses have been granted legal certainty. In the meantime, the United States may get a blockchain-oriented President in a few years, while high-level football players are starting to show interest in cryptocurrencies. That’s not all there is to the recent news, though. Let’s take a look at the highlights in this week’s Crypto Digest!

• Malta Grants “Legal Certainty” to Cryptocurrencies

Known for its advocacy of blockchain technologies, Malta has now become the first country in the world to provide legal certainty to cryptocurrencies. On July 4, the parliament of Malta officially passed three bills into law providing legal certainty for cryptocurrency-based projects. The bills in question are the Malta Digital Innovation Authority Act, the Innovative Technological Arrangement and Services Act, and the Virtual Financial Asset Act. The new laws regulate various aspects of the crypto industry and govern the compliance of crypto-based enterprises with the existing regulations.

• Colombian National Football Team Player Issues His Own Cryptocurrency

James Rodriguez, attacking midfielder from the Colombian national football team, announced the launch of his personal cryptocurrency, JR10, mere days before the start of the World Cup 2018. Wired UK Magazine explains why this might potentially be a great idea for any high-level sportsman in the future.

• Bitcoin Creator Hints At Publishing A Book About It

The mysterious Satoshi Nakamoto — the pseudonym of the individual(s) responsible for releasing the Bitcoin white paper in 2008 — has possibly dropped a hint at writing a book about the original cryptocurrency.

The cryptic message detailing the possible literary work appeared Friday on a website allegedly connected to Nakamoto. The site mentions the “first excerpt to a literary work consisting of two parts”, describing it as “a short story if you will, with some of the most brought up questions and answers. I wanted the people and the facts to be known.”

• Up To 25 Crypto Exchanges To Be Licensed By The Philippines in Economic Zone

On June 27th, 2018, the Philippine government announced their intent to license up to 25 cryptocurrency exchanges for operation in a special economic zone.

The exchanges will operate in the tax-friendly Cagayan Economic Zone Authority (CEZA) and Freeport, which is a government-controlled and regulated center in the northern Luzon region. Each exchange will be required to pass a number of tests and will have to invest at least $1 million over the next two years to obtain the licence.

• John McAfee To Run For President For The Second Time

John McAfee has expressed his intent to run for U.S. President for the second time in 2020. In his announcement on Twitter, McAfee makes it clear that blockchain technologies will be a major focus of his campaign.

Crypto prices, according to CoinMarketCap

• BTC: 6665.15$ (1.29%)
• ETH: 477.60$ (2.01%)
• CRPT: 0.439$ (0.39%)

Total Market Cap: $269 618 759 333