The head of the Indian non-profit trade organization called the cryptocurrency "illegal" and urged enterprises to comply with local legislation.

Debjani Ghosh, president of the National Association of Software and Service Companies (NASSCOM), consisting of more than 2,000 companies, said that, from an organization's point of view, cryptocurrencies in India are illegal. According to her, the "illegal" status of cryptocurrencies was because the government could not keep up with innovations.

The head of deVere Group, Nigel Green believes that in the coming years, the superiority of Bitcoin in the cryptocurrency market will significantly decrease. However, this will not prevent the first cryptocurrency to grow by another 5000%.

Green, however, recognizes the merits of Bitcoin and the revolution accomplished by this cryptocurrency, but believes that new technologies and cryptocurrencies will surpass the progenitor in time.

Dash Core Group CEO Ryan Taylor said that cryptocurrency issued by central banks is "the inevitable future." However, he noted that people themselves will decide what forms of money and when to use.

In a conversation with the Cointelegraph at the "Money20/20" conference, Taylor said that central banks have advantages in issuing their own cryptocurrencies. However, it all depends on the adoption of such coins by the market: "the free market can certainly develop a better embodiment of money than the government."

Large economies should begin coordinated regulation of cryptocurrency, said Circle cryptocurrency startup leader Jeremy Allaire. He stressed the growing support for the creation of international regulations for the regulation of digital assets by the cryptocurrency industry.

"Ultimately there needs to be normalization at the G20 level of critical crypto-related regulatory matters," he believes.

The creator of Dogecoin, Jackson Palmer expressed concern about the arrival of institutional investors in the cryptocurrency industry. In his opinion, such a development of events could turn a decentralized ecosystem into "Wall Street 2.0".

The loud statements of the President of Venezuela about the upcoming triumph of El Petro cryptocurrency and the possibilities to destroy the US sanctions pressure with its help have not yet received practical confirmation.

Fake mining apps for XRP, Cardano (ADA) and Tether cryptocurrency found on Google Play. However, in reality, these applications only pretend that they are mining virtual coins, because from a technical point of view, mining of these tokens is impossible.

The CEO of the upcoming cryptocurrency platform Bakkt, which is being developed by the operator of the New York Stock Exchange ICE, together with Microsoft and Starbucks, said it intends to carry out a "revolution" in the industry, similar to the one that happened with energy resources fifteen years ago.

Blockchain has enormous potential that the World Bank must use if it intends to keep up with innovative technologies. This opinion was expressed by World Bank President Jim Yong Kim, speaking at the annual meeting of the International Monetary Fund (IMF) and world banks.

Kim drew attention to the feasibility of using the blockchain to combat corruption and poverty, as well as to improve wealth in general.

On October 8, the blockchain-company and the mining pool ViaBTC completed the initial placement of tokens (ICO) using the Wormhole protocol and the Bitcoin Cash network. According to exchange data, ICO ViaBTC Token attracted $ 3,700 per second, collecting a total of $ 30 million in just over 2 hours.

ViaBTC recently released a new token called Viabtc Token (VIAT) using the Wormhole protocol. The company calls VIAT an ancillary service that enhances the value of the core service with its availability and a bonus token that can be used as a "gas" or cost transfer method. When VIAT was released on the Wormhole network, the developers set a fixed number of coins to be issued at the level of 2 billion tokens.