Cryptocurrency news - March 13, 2018

🚫 SBI no longer works with Huobi. The investment division of the Japanese financial giant SBI Group broke off business partnership with the Chinese stock exchange Huobi and abandoned the previously concluded deal with it on the opening of two new trading platforms - Huobi Japan and SBI Virtual Currency. It is stated that the reasons for the gap are the low level of the security of the exchange and the inability to respond promptly to the actions of regulators.

⚖️ The next lawsuit on the bankruptcy of the Mt. Gox will be held in September 2018. Before that time, 166 000 BTC scandalously known site are frozen and can not be put on the market. A one-time sale of such a number of bitcoins can seriously damage the course of BTC and all altcoyins.

📉 Goldman Sachs: the price of bitcoin may fall to the February low. One of the fund's clients received a notice from the Goldman Sachs technical analysis team led by Sheba Jafari that the price of the BTC could drop to $ 5 922, which is possible after the short-term support line breaks at $ 9,210.

📑 The Belarusian Currency and Stock Exchange (BVFB) will never conduct operations with crypto-currencies. This was stated by its chairman of the board, Andrey Aukhimen. The reason for this is the fact that when trading with crypto-currencies, the state has no guarantees for obtaining income, profit or at least a return of funds.

⛓ Binance will develop its own lock for its crypto currency. The Binance Coin Exchange (BNB) coin based on Ethereum will soon receive its own high-performance Binance Chain block cage with support for smart contracts.

👨🏼⚖️ The South Carolina Prosecutor's Office announced contracts for cloud-based securities mining. The regulator revealed signs of securities in contracts for the cloud minigague of the Hong Kong pool of Genesis Mining and, therefore, they are subject to the relevant state laws. This decision can become a precedent for evaluating the performance of all companies offering cloud-based mining services.

💸 EU banks do not consider bitcoin a substitute for the traditional monetary system. This was stated by the heads of the European Central Bank (ECB) and the Bank for International Settlements (BIS). But they also noted that Bitcoin could become a prototype for the electronic money of the future.

⚡️ The Japanese energy company tests the Lightning network to pay for charging electric vehicles. Chubu Electric, the third largest electricity supplier in the country, will develop and test a microlayment system based on the Lightning Network, designed to pay for charging electric vehicles using bitcoin.

🔗 China wants as soon as possible to begin to introduce blockage into the state system. Despite the frank hostility of the country's authorities to crypto-currencies, China will continue to actively study and implement block-technology. For these purposes, the Ministry of Industry, in conjunction with the Institute of Electronics Standardization of China, will create a committee to promote the national technology of detachables and a distributed registry.