In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
Will the market be able to overcome the prolonged bearish pressure and return to growth?
On Monday, November 12, following political debate over the issue of cryptocurrency and China's alleged plan to seize the coral island of Rongelap, parliament voted to declare a vote of no confidence in the President of the Marshall Islands, 67-year-old Hilda Hein, the only female president of the Pacific region. However, the votes were divided 16/16, and the president's opponents lacked one vote to achieve their goal.
Swiss cryptocurrency company X8 AG has received an Islamic company certificate for its stablecoins, confirming compliance with Sharia law, and is planning to operate in the Middle East.
It seems that the Iranians have decided to follow the example of Venezuela and develop blockchain technology. As Abolhasan Firouzabadi, secretary of the Supreme Council of Cyberspace of Iran, stated: “Cryptocurrency mining is an industry that needs to be developed in Iran.” According to him, cryptocurrency mining is one of the main industries in the cryptocurrency space, so in the near future there will be a platform for legalizing the mining of digital currency.
Robinhood is without a doubt a revolutionary startup. The company managed to completely rewrite the laws of retail trade. Using a commission-free model, the platform allows you to buy assets such as stocks, indices and cryptocurrencies at the same rate as institutional markets. Many believe that this approach will democratize the market and take the entire field to a new level.
The well-known blockchain platform for creating, providing and transmitting content based on decentralized technology, TRON Foundation, has crossed the milestone of 1 million daily transactions and broken the Ethereum record.
Everyone thinks that Satoshi Nakamoto has a lot of bitcoins, but few people know that the Bulgarian government may also have a lot of them.
The altcoin market tried to stay flat over the weekend, but the decline resumed in the morning. Only the price of Stellar Lumen was able to remain in the ascending corridor. Will the support level stop prices from falling further?
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