Cryptocurrency Analysis and News Portal
China has hinted that its treatment of cryptocurrencies such as Bitcoin (BTC) may change again as it looks to reform its forex markets.As Reuters reported on Dec. 24 citing a senior government official, a new research initiative will accompany the expansion of Beijing’s blockchain cross-border financing pilot platform.China looks
Read More
NLW discusses forthcoming changes to US accredited investor laws and looks at a trend of DeFi companies looking to become more decentralized in 2020. Source
Read More
Venezuelan President Nicolas Maduro announced a Christmas gift for his countrymen. All Venezuelans, including public sector workers, retirees and military personnel are set to receive half of el Petro cryptocurrency as a present from the government.However, in order to be eligible for the gift, citizens will have to register themselves
Read More
Nevertheless, the Conflux Incubation Center aims to invite developers and entrepreneurs to build decentralized applications (dapps) on the public permissionless blockchain developed by the firm. Like bitcoin and ethereum, that blockchain is public, so anyone can participate, and it uses a similar proof-of-work mechanism to reach consensus on the state of
Read More
The government of cryptocurrency-friendly Switzerland has shot down the idea of issuing a digital Swiss franc, for now.According to a Dec. 13 press release published on the Federal Council’s website, the Federal Council approved a report exploring the opportunities and risks of issuing a digital form of the country’s
Read More
In a statement following a cabinet meeting, the government said: “Universally accessible central bank digital currency would bring no additional benefits for Switzerland at present. Instead, it would give rise to new risks, especially with regard to financial stability.” Source
Read More
Abkhazia, an autonomous region in northwest Georgia, is planning to intensify the works on the identification of cryptocurrency mining farms in the region.According to a news release published on the Cabinet of Ministers’ website on Dec. 12, Prime Minister of Abkhazia Valeri Bganba held a meeting dedicated to the
Read More
According to Reena Suri, executive director of ISGF, households will be able to set prices, track energy trades and settle surplus solar energy transactions in real time through smart contracts executed on a blockchain. That's made possible by smart meter systems integrated with Power Ledger’s platform. Source
Read More
The Afghan Ministry of Public Health has signed a Memorandum of Understanding (MoU) with blockchain firm FantomOperations to integrate blockchain technology into the country’s healthcare sector.As Afghan Voice Agency reported on Nov. 27, the terms of the MoU would apply blockchain to identify counterfeit medicines, create medical registries in
Read More
The Swiss Federal Council has adopted a revised proposal to remove legal hurdles still holding up blockchain innovation, and will pass the legislation to the parliament. Source
Read More