European Banks Aren't Interested in Crypto Investments

This is said by Chairman of European Central Bank at his Europarlament Speech
06 February 2018   145

Chairman of the European Central Bank (ECB) Mario Draghi said that the regulator is studying the potential risks that crypto currencies represent for the financial stability of the banking industry. However, according to the ECB, banks are not interested in bitcoin investments. This is reported by Reuters.

We are not observing a systematically relevant holding of digital currencies by supervised institutions. Actually, credit institutions ... are showing limited appetite for digital currencies, like Bitcoin. We should understand that Bitcoin and other digital currencies are in the unregulated space and should be regarded as very risky assets. Banks should measure the risk of any holding of digital currencies in their portfolio accordingly.

Mario Draghi

Chairman, European Central Bank

 Due to the lack of regulatory and legal framework and regulation in the crypto-currency industry, digital currencies are "high-risk assets". According to Draghi, banks should take this into account when including cryptocurrency in their investment portfolios.

Previously Mario Draghi questioned the maturity of the industry and its readiness for government regulation.

Nevertheless, the chairman of the ECB is convinced that financial and technological innovations should be closely watched by regulatory bodies in the context of potential risks.

DROXNE to Release Roadmap

Droxne has announced that it is working on the white paper and roadmap, which will be released on February 20, 2018
20 February 2018   204

Droxne is a peer-to-peer crytpocurrency gaming platform which uses DRXNE as its ingame currency. DRXNE is a decentralized and open-source cross platform cryptocurrency dedicated to enhancing the gaming experience on the blockchain for all users.

Droxne has announced that its team is working on the white paper, roadmap, ecosystem website and a new platform work stream. Droxne plans to release the full version of its roadmap on February 20, 2018.

DROXNE roadmap release announcementDROXNE Roadmap Release Announcement

The other future development plans of Droxne include building new Droxne website, integrating APIs to show DXRNE price, PoS difficulty, sharing count on website homepage. Moreover, it strives to build a developer fund to facilitate payment of bounties – initially community donations, long term explore funding with portion of staking income.

At the moment of press, these are main market parameters of DROXNE:

Average price: $0,015766
Market cap: $1 057 791
24h volume: $3 330