Indonesian crypto-exchange platforms announced the termination of activities in connection with the announcement of the Bank of Indonesia that it does not recognize bitcoin as a means of payment. So Bitbayer, the Indonesian alternative to Bitpay, announced that it will stop providing services from November 1 and invited customers to withdraw funds by the end of October. Toko Bitcoin, which allows its customers to purchase prepaid vouchers for bitcoins, also ceased to accept crypto currency as a means of payment. Bitcoin Indonesia, Oscar Darmawan, the general director of the exchange, said that the termination of the platforms was not the result of direct intervention by the central bank of Indonesia.

Recently, the price of bitcoin exceeded 6,000 dollars, and the capitalization briefly exceeded $ 100 billion. Thus, the alleged state of the anonymous creator of crypto currency Satoshi Nakamoto exceeded 6 billion dollars, theoretically making it possible to include it in the list of the richest people in the world according to Forbes. At the current bitcoin course, 1 million coins, owned by Satoshi, would place him at 237 in the Forbes rating.

At the stock exchange in the United States, the first regulated transactions with derivatives of crypto-currency instruments were implemented: the LedgerX platform confirmed information on the trading of crypto-currency derivatives before the sale to institutional investors in July. On the trading platform LedgerX, there are 176 swaps and option contracts traded in the first week, for amounts over $ 1 million.

ICO, also known as the initial token offering, creates new millionaires around the world: in Africa, Asia, Europe, Australia and both Americas. There are several actions that you have to perform for critical analysis of ICO before investing. Here are some practical steps for ICO analysis.

In the rapidly developing digital economy, every year there are more and more crypto-currencies and tools associated with them. How to use the opportunities of growing market? How to invest in ICO and how to get to crypto-exchange? Here we present the Complete Guide to ICO. Usually a well-known, stable company with a financial history enters the financial exchange via IPO. ICO is mainly used for crowd-hosting projects, that is, for companies that are just beginning their history. Novice companies can not predict the market's reaction to the fullest. Therefore, the first step for the release of ICO is the pre-announcement of the project.

In 2017, we are seeing the active development of the crypto-currency industry. Companies strive to offer their solutions to actual problems, for example, the establishment of security and speed of conversion. However, experts in the field of blockchain come to the conclusion that there is a question that has not been resolved so far. It's about acquiring. Instead of waiting for the world's commercial companies to approve the crypto currency as the main means of payment along with Fiat, ambitious developers are already proposing projects that can change the situation.

Star Jets International LLC now accepts bitcoin payments for private jet flights. The company is a wholly owned subsidiary of Advanced Defense Technologies, Inc. Customers who use Star Jets get to leverage all the advantages of using a corporate jet, according to an Econotimes article.  Furthermore, customers have access to over 5,000 jets domestically and roughly 15,000 across the globe. The company allowing bitcoin transactions may now open up a new realm of possibilities for the company along with a new customer base.

October 17, Bitcoin.com published a contradictory statement, which stated that it was Bitcoin Cash that should be called bitcoin. In response, leading industry experts, including the maker of lightcore, Charlie Lee (Charlie Lee), criticized such attempts. Bitcoin Cash was launched in early August from hard fork bitcoin, which supported several major mining pools, including ViaBTC and Bitmain. Since then, the support and demand for Bitcoin Cash has decreased significantly, which is noticeable in terms of the hash and market capitalization of the crypto currency.

The development of the law on the use of distributed registry technology will allow banks to significantly reduce costs, said the founder of Blockchain.ru Dmitry Matsuk. "In such areas as processing of counter transactions, structuring of products, account management, audit and financial control, the savings can reach up to 60-75%, and this is only a small part where a blockchain can be used. Therefore, the potential total savings on operating activities will be about 50%, which can be brought up to 80% with the development of technology and the transfer of all processes to the blockchain, "he said.

This year, Russian projects attracted $ 293 million through ICO, which is more than double the amount of venture capital investment in 2016. Nevertheless, ICO will not be able to replace venture investments, experts believe. The volume of the ICO market (Initial Coin Offering) in Russia since early 2017 was about $ 293 million, the general director of Skolkovo-Venture Investments, Vasily Belov, said at the Open Innovations forum. Thus, the volume of funds attracted by Russian companies with the help of ICO more than doubled the volume of venture investments in the country by the end of 2016, the size of which was $ 128 million, Belov said. "For an incomplete year, the volume of investments attracted in ICO exceeded the volumes of the classical venture market," he said.