According to data from the South China Morning Post, major Chinese search engines and social networks, following Facebook, began to block all content that is in one way or another related to cryptocurrency. When entering the phrases “bitcoin”, “cryptocurrency”, etc. into the search bar, users see only news or other notes from journalists.
Interest in cryptocurrency continues to grow and, quite understandably, there is also a demand for ATMs where you can cash it out. Last year, the number of crypto ATMs around the world doubled. Experts explain this by the fact that there are a large number of people who have cryptocurrency savings, and at the same time, do not want to carry out transactions on cryptocurrency exchanges.
Fintech company SwissBorg's ICO is seeing strong interest from Asian investors, who have purchased nearly 30 percent of the ICO to become members of the first blockchain-based cryptocurrency asset management community, according to company CEO Kurus Fasel.
Experts agree that the future of cryptocurrency will largely depend on whether it is accepted as regular payments from leading online retailers. There is reason to believe that it will.
Kim Dong-yong, the Minister of Finance of South Korea, made an official statement that he considers it impossible for public blockchain networks to operate without cryptocurrency. Let us recall that before this, the South Korean government announced that it would not prohibit cryptocurrency trading, both in the short and long term. Don Yong also noted that the Ministry of Finance is not going to engage in bans on the digital currency itself or limit its use.
“Cryptocurrency hasn’t even reached the starting line yet,” Mr. Ran Ney-Ner, a leading crypto trader and investor at CNBC Africa, told CNBC in an interview. He has been monitoring the price of bitcoin since last year.
A protocol called PHANTOM is presented as a solution that can confirm a transaction over any network bandwidth. The authors of the new protocol were Yonatan Sompolinsky and Aviv Zohar.
Almost every country has cryptocurrency communities where like-minded people can find each other. There are websites that help people search for such communities, forums, chats or meetups in a particular country. The crypto community is being formed in the same way, at least among young people.
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