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Having fueled speculation and anticipation of the creation of worries, interests, and now is increasingly accepted around the world, cryptocurrency has come a long way. What started as a digital currency boom in 2017 – with Bitcoin by Satoshi Nakamoto and other virtual currencies that have seen a dramatic increase – has gone through a series of ups and downs, right up until the recent downtrend.
Since December 2017, the Indian government has been dropping hard on the digital currency, which has seen a steady fall in price of almost 60 percent. Yet, stories of Bitcoin millionaires who accumulate unimaginable gains continue to dominate the headlines. As we approach the end of the year, we take a look at the chronology in this virtual era of money: cryptocurrency and everything that happened around it in 2018.
January
January 2 – Cryptocurrency has been considered not "a lawyer tender procedure in India ". Finance Minister Arun Jaitley reiterated the strong position taken by the government, emphasizing the personal risk of dealing with Bitcoin or Ethereum.
January 16 – Bitcoin prices hit hard – the lowest in over a month after the Chinese crackdown. On the radar there were online platforms and mobile apps and other currencies like Ethereum (19%) and Ripple (29%) recorded a constant decline.
19 January – The Indian government has continued to give in to traders, entrepreneurs and investors who are experts in digital money technology. The department of income tax in the country has sent warnings, warning against "Ponzi schemes" and asking to pay taxes on capital gains. The regulations have echoed the harsh measures taken by policymakers in Japan, China and South Korea on the heels of the vertiginous prices of cryptocurrencies.
February
February 1 – Cryptocurrency outlaws in India. In presenting the EU budget, Finance Minister Arun Jaitley also pledged to eliminate the use of cryptographic assets in financing illegitimate activities. The message triggered uncertainty and Bitcoin prices fell to $ 4,000 on Zebpay, a Indian cryptocurrency exchange.
7 February – Although policymakers around the world have faced the digital currency crisis, rumors have emerged that Samsung technology giant was forging partnerships to do its ASIC chips.
17 February – Gibraltar led change, becoming one of the first in the world to introduce ICO regulations.
March
March 14 – In a move to "tackle emerging threats", plans for a ban on advertising was revealed by Google on Bitcoin and initial coin offerings (ICO). Following the news, Bitcoin prices fell below $ 8,000 but for a short time.
March 26 – Following the footsteps of advertising giants like Google and Facebook, Twitter announced a ban ads for cryptocurrencies.
March 30 – Cryptocurrency has reached a new low, slipping to $ 6,630
April
April 5 – The Reserve Bank of India (RBI) treated a heavy blow to virtual currency enthusiasts banning the financial institutions of the country from providing services to individuals and companies involved in cryptocurrency.
April 12 – Vietnamese financial institutions have passed under the scanner following reports of a cryptocurrency fraud allegedly worth $ 658 million.
April 17 – New York's major cryptocurrency exchange platforms, including Coinbase, have been requested to disclose their operations as the city's attorney general, Eric Schneiderman launched an investigation in the details of the virtual exchange.
could
May 15 – Circle, a cryptocurrency startup supported by Goldman Sachs, raised $ 110 million in a round of investments and announced a new one cryptocurrency that was anchored at the price of the stable US dollar.
May 24 – United States Department of Justice he launched a probe in the manipulation of the prices of popular cryptocurrencies like Bitcoin and Ethereum.
June
June 11 – Criptovaluta recorded a sharp decline in price (Bitcoin has plunged 10%) after the exchange of South Korean cryptocurrencies, Coinrail has confirmed that its systems have suffered "Cyber intrusion".
June 12: updated policies on Apple's app store forbidden users from cryptocurrency mining on the device.
June 20 – Nearly $ 31.5 million of virtual coins were stolen in the theft of Bithumb cryptocurrencies. The South Korean cryptocurrency exchange has been targeted as the hackers continued to expose the risk involved in dealing with virtual resources.
July
July 5 – The RBI implemented a prohibition of cryptocurrency after three months' notice to financial institutions to break ties with Bitcoin traders and investors and other similar virtual currencies.
9 July – Israeli startup of criptovalute, Bancor he lost $ 13.5 million of digital tokens, including Ethereum and Pundi X after a "security breach".
July 17 – IBM grabbed the spotlight on relationships to experiment with & # 39; stablecoin & # 39 ;, a digital currency, in collaboration with the startup, Stronghold.
July 27 – Google filtered Play Store e banned all cryptocurrencies moving mining applications to protect smartphones, tablets and PC users.
August
8 August – Cryptocurrency markets declined sharply as US Securities and Exchange Commission (SEC) postponed its decision on a proposal Bitcoin decision on publicly traded funds (ETF).
August 15: lawsuit presented against AT & T in the US district court in Los Angeles after a US-based investor lost $ 24 million in digital money due to alleged "negligence".
August 23 – China reported shutdown of over 120 websites that provide access to offshore cryptocurrency trading in order to curb trading.
September
September 5 – Goldman Sachs Group has abandoned digital currency trading plans due to a lack of a regulatory framework. The news led to a dip in the cryptocurrencies including Bitcoin (5% decline), Ethereum (9%), Litecoin (7.1%) and Ripple (7.7%).
September 15 – The Supreme Court of India postponed the hearing of all cryptocurrency cases, including a petition against RBI encryption.
September 20 – Zaif, a Japanese digital currency exchange has been hacked and stolen by Bitcoin, MonaCoin and Bitcoin worth $ 60 million.
September 25 – Google lifted up his general prohibition of advertising for cryptocurrency and announced to launch new policies in October.
September 26 – Cryptocurrency XRP (informally known as Ripple) repurchased market position, ranking as the second cryptocurrency in the world by total market capitalization, just behind Bitcoin (with a market value of $ 113 billion).
October
October 15 – Bitcoin, Ether, XRP and other virtual currencies have skyrocketed as controversial digital token, the "cable" fell more than 2 percent.
October 23 – Integration of blockchain technology in smartphones as part of its mobile focus, HTC presented its first blockchain-based device, Exodus 1, should be available to the public by December.
October 26 – The Supreme Court of India tax a two weeks deadline for the central government to present its position on cryptocurrency cases.
October 31 – Bitcoin celebrated its tenth anniversary, marking the day when the mysterious Satoshi Nakamoto had published the white paper entitled "Bitcoin: a peer-to-peer electronic payment system".
November
1 November – The Securities and Futures Commission (SFC) of Hong Kong detailed guidelines unveiled and regulatory framework for trade, funds and exchanges in digital currency.
November 6 – Popular blockcoin bitcoin wallet announced that it will be give away $ 125 million worth of cryptocurrency to increase digital wealth.
December
December 21 – Facebook reported working on its own stablecoin based cryptocurrency for payments on WhatsApp.
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