In our “Payment Systems” section, we cover electronic payment systems (EPS) and services used to send, receive, and manage digital money online. Here you will find guides on how payment systems work, how to transfer funds securely, and how they integrate with cryptocurrency platforms. Read the “Payment Systems” section on ForkNews to learn how modern digital payment infrastructure operates.
On Friday, the Cyberspace Administration of China published a bill that would require all blockchain organizations to censor information and require users to use their real names and identification codes when registering. According to the South China Morning Post, the regulator's bill is open for public comment until November 2.
The current trading week started smoothly. The altcoin market continued to consolidate in a sideways range. Low activity of market participants will contribute to continued flatness
The Paris-based global anti-money laundering organization believes that the time has come to tighten regulation of crypto assets and come to a unified global system of control over digital assets.
According to Bloomberg, the possibility of an American recession next year is 28%, over the next two years could reach 60%, and in three years will be more than 80%. According to the Federal Reserve Bank of New York, the probability of a recession by the end of 2019 is 14.5%, which is significantly different from the 60% stated by JPMorgan bank by the end of 2020.
Market trading volumes are at a record low. Lateral movement continues
The new edition of the Russian cryptocurrency law abandoned “incomprehensible bitcoins” and “meaningless mining”, because these concepts do not fit into the country’s economy.
On October 15, the TRX price showed a decline immediately after its increase to $0.030. The bears pushed the TRX price below $0.026, it began to consolidate in the range from $0.026 to $0.024.
Visa has announced details of new digital products that are being prepared to launch as part of Visa B2B Connect in the first quarter of 2019.
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