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.
According to Bloomberg, American brokerage EF Hutton, together with its parent company HUTN, is going to release cryptocurrency instruments with a special focus on practical applications.
Today, Cocos-BCX, a blockchain gaming platform, announced the completion of a funding round, raising $40 million. Most of these funds were invested by large cryptocurrency companies, including Binance Labs and NEO Global Capital, as well as traditional venture capital firms.
The World Economic Forum (WEF) yesterday published a report on the role of technology in global trade and the financial system, where it acknowledged the impact of blockchain and other Distributed Ledger technologies.
The commercial director (CCO) of the cryptocurrency payment service BitPay believes that rumors about the death of Bitcoin are greatly exaggerated.
Crypto asset custody solution provider BitGo has received a license giving it the status of a qualified custodial bank for storing cryptocurrency. It took the company a year to obtain official permission, and for another 30 days from the date of receipt of permission, BitGoTrust will not be able to begin storing digital assets.
The altcoin market was inspired by the recovery and the bulls are gradually regaining levels, after a series of updates to annual lows
American investment bank Morgan Stanley plans to offer clients a new way to invest in bitcoin without buying it. That is, clients will be able to enter into contracts for the exchange of interest payments in respect of bitcoin without actually owning the cryptocurrency itself.
Binance CEO Changpeng Zhao said that cryptocurrencies could grow a thousand times in the future. Earlier this week, Vitalik Buterin said that while the cryptocurrency industry as a whole could grow a thousandfold, it would be foolish to expect the price of cryptocurrencies to grow at a similar rate in the future.
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