Malaysia has begun working on a regulatory structure for crypto currencies. Malaysia's central bank and Bank Negara Malaysia (BNM) have joined hands to work on regulations for digital currencies with the objective of securing the country against money-laundering and terrorism financing.

The soaring success of cryptocurrencies has garnered massive amounts of attention across the world. The burgeoning industry is a hot property for traders to exploit and take away subsequent returns.

The former Full Tilt Poker executive Rafe Furst has come in support of the Cryptocurrency Project. Earlier, the big names in poker – Antanas "Tony G" Guoga and Phil Ivey had called for the union of the poker world and cryptocurrency.

Bitcoin is currently at over $7,000 per bitcoin. Now, users can buy partial coins and hence don’t need to spend thousands of dollars to utilize the platform. It could be used for simple transactions like $3.50 for coffee or a few dozen bitcoins to purchase a car.

Zimbabwe is on the verge of a civil war as the tension rises with the Zimbabwean armed forces taking control of the nation’s authority on Wednesday. Afraid of their immediate history of Zimbabwean dollars is becoming worthless to repeat it sooner than ever, and the Zimbabweans believe that by converting all their assets and savings into Bitcoin they can protect their hard earnings. This gave a price upsurge to Bitcoin in their country. Bitcoin is currently being sold at USD 13,500 in Zimbabwe.

Rewriting the rules of poker gaming software, CoinPoker is based on cryptocurrency and is also available for free play. It will run on CHP tokens and has blockchain technology to fight against the emerging unfairness in the game. Building a bridge between Poker players and cryptocurrency enthusiasts, CoinPoker’s software aims to revamp the game from any negative impact.

An all-time high upsurge has been noticed in the prices of Bitcoin in the wake of being approved for the futures market. On Tuesday, Bitcoin traders were surprised to see a phenomenal upsurge in the costs of the Bitcoin cryptocurrency after future market giant CME announced to support it. Bitcoin surpassed $6,500 and $6,600 on Wednesday to hit a new record high hence resulting the CME to announce plans to launch bitcoin futures later this year. Its market capitalisation, or the total value of bitcoin in circulation, hit $110 billion.

The head of Singapore’s Central Bank says that the country doesn’t plan to regulate cryptocurrencies such as Bitcoins. However, it will remain alert to practices such as money laundering and other such potential risks originating from their use.

Wirex, the blockchain personal finance platform has joined hands with Japan’s FinTech investor SBI Holdings to launch a new joint venture-SBI Wirex Asia, focused on Asia. This new venture will deliver a Japanese cryptocurrency payment card and joint businesses.

According to a local news source, the Russian president, Vladimir Putin, in a closed door meeting in Moscow, announced that Russia will issue its own ‘CryptoRuble’. The minister of communications, Nikolay Nikiforov confirmed the official announcement.

In a news report by Wall Street Journal, it is believed that the world is going to the see the inception of an international cryptocurrency as a response to overindulgence with Bitcoins. After a recent comment made by Christine Lagarde, head of the International Monetary Fund (IMF) that governments and bank should not encourage shortchanging of Bitcoin and cryptocurrencies.

The Malaysia’s central bank governor will not rule out a ban on cryptocurrencies. Speaking to reporters upon upcoming regulations at a financial crime conference in Kuala Lumpur, the Bank Negara Malaysia (BNM) governor said that it would be decided at the end of the year whether to ban the trading of cryptocurrencies under its mandate as a domestic financial regulator or not.

The Bitcoin prices on Wednesday fell to hit one-week lows. Having opened at $4,310.60, Bitcoin was trading at $4,229.90 by 06:23 AM ET (10:24 GMT), down 1.87% on the U.S. based Bitfinex exchange. This fall in the price of Bitcoin is a pullback from the 5-week highs set earlier this week.

Bitcoin is trading at a whopping $7200 in Zimbabwe.

An official from the Central Bank of Ukraine has claimed that the country doesn’t acknowledge bitcoin as a currency or medium of trade.

17 trading platform will reportedly stop trading cryptocurrency in Shanghai. Among the names, BTCChina, SZZC, Binance, 51SZZC 91ICO, Lhang, Bitekuang, ETCWin FreeWillex, Bitbill, 19800Net ICORaise, ICOAGE ICOrace, ICOfox and ICO17 declared publicly that they further do not carry out ICO operations and plan to exit the market.

The bitcoin prices have come down on Friday, raising speculation that the market is still not over China’s exit and seemingly the attitude isn’t going anytime soon.

The European Union is planning to set out new penalties for cryptocurrencies related cybercrimes.

Despite China going hard on cryptocurrencies, other countries have shown a far pleasant response to the digital assets. Tan Sri Muhammad Ibrahim, Malaysia’s Bank Negara governor, in a recent statement, said that developing Financial Institutions would indicate that Malaysia may be considering embracing Bitcoin.

Switzerland's Financial Market Supervisory Authority (FINMA), has reportedly shut down three companies for allegedly running a cryptocurrency scam on September 19.