Business consultant, member of the board of directors of the block-startup CopPay Itzhak Adizes, shared his thoughts about the future of the crypt. According to Adizes, the crypto-currencies transform the financial market in the same way that Amazon transformed retail trade. Despite the fact that nowadays crypto-currencies are mostly a speculative instrument and they have not yet become a part of the world economy, this line will gradually fade away.
Like Amazon, which allowed to make purchases without leaving home, bitcoin and other crypto-currencies will allow it to do without the participation of fiat money. For the crypto currency, the future and very many people understand this.

Christine Lagarde - The Head of the International Monetary Fund

Christine Lagarde, head of the International Monetary Fund (IMF), warned that central banks and financial services should pay attention to crypto-currencies. In an interview with CNBC at the annual IMF meetings in Washington, DC, Lagarde said: "I think that we will see massive shifts". According to Lagarde, the Crypto-currencies can play a future role in the renewal of the IMF's own domestic currency, the reserve asset of which is called Special Drawing Right (SDR). What we will learn is how this currency, special drawing rights, can actually use this technology to be more efficient and less expensive.

Bitcoin is a "class of assets that are not subject to censorship," but it's also not quite money, analysts at Bernstein, based in New York, say. According to Business Insider, in a message that was sent to the company's customers on Wednesday, Bernstein analysts conducted a study of this issue, ultimately suggesting that although bitcoin possesses some characteristics of money, it does not comply with the definition that is currently applied to money. Fee money is still the main form of financial regulation - governments still collect taxes in fiat money, and salaries are still paid in fiat money, "the report explains." Thus, today bitcoin emerged only as a class of assets that "are not subject to censorship."

The Financial Services Authority of Abu Dhabi, the capital of the UAE, made public recommendations concerning virtual currencies and ICO. These instructions have been published to clarify the regulatory approach of the Abu Dhabi government for ICO and crypto currency both for the organizers and for users of digital currencies. After discussion, the Financial Services Authority (FSRA), the financial market regulator in Abu Dhabi, decided that the one-size-fits-all approach to virtual tokens, be it ICO tokens or digital currencies, or any other implementation of block-based solutions based on cryptographic tokens, is "inappropriate".

The largest in Japan bitcoin-exchange Coincheck received "hundreds of requests" from Chinese startups to add to the listing their tokens after the ban of ICO in China. In an interview with the Chinese edition of the Global Times, the head of the Coincheck department for international development, Kagayaki Kawabata, said: "We receive hundreds of requests from Chinese start-ups and start-ups around the world to add their tokens after the Chinese government banned the ICO".

Adena Friedman, general manager of the global stock market operator Nasdaq, said that its company is going to avoid the proposals of ICO. Speaking at a conference on the quality of financial markets at Georgetown University this week, the CEO of Nasdaq criticized the lack of standards for investor protection and disclosure of information about the organizers who use this investment model to finance block-start-ups. This is reported by CoinDesk. Although this type of financing is used by many well-known companies that have public confidence, there are many cases of dishonest ICO and fraud that attract regulators from around the world. It is for these reasons that Friedman said that the Nasdaq will stay away from this.

Jimmy Wales, founder of Wikipedia expressed his opinion on the modern financing of business projects using ICO, calling such methods "fraudulent." In an interview with the American CNBC television channel, he said that he believes that many projects that use ICO to finance their projects by selling their tokens are "absolute fraud". There are quite a few of these primary placements of coins, which, in my opinion, are absolute fraud, and people should be very cautious about things happening in this area, said Jimmy Wells.

One of the participants in the hip-hop group Wu-tang Clan, Ghostface Killah, seems to be connected to a venture crypto-cash company that wants to raise $ 30 million with its Cream token to finance a network of crypto-ATM ATM terminals. Ghostface Killah will assume the role of the chief branding specialist within ICO Cream, which seeks to raise $ 30 million. In a recent interview, Brett Westbrook, CEO of Cream Capital, said: Its efficiency will create a structure, thanks to which crypto-currencies will become closer to ordinary people. Both met at Reddit during a special session during which users can ask questions and communicate with a certain person, in this case it was Ghostface Killah.

Representatives of the Swedish government for the first time settled the repayment of debts with the help of bitcoin. This is the first time when law enforcement bodies officially accepted bitcoin as payment of arrears to the state.
One of the employees of Kronofogden (Swedish Bailiff Service) noted that bitcoin is a new asset that provides his organization more opportunities to resolve various issues and problems. Bitcoin is an alternative method of payment for citizens.

The position of China against public crypto-currencies is becoming more aggressive. But perhaps it has strategic rationale? For example, "clearing" the market for the introduction of state crypto currency, controlled by the People's Bank? Director of the Digital Currency Research Institute, created under the People's Bank of China, Yao Qian, very clearly outlined his vision of this issue in his statement at a meeting organized by the International Telecommunication Union.