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.
For the first time, the Securities and Exchange Commission (SEC) has taken retaliatory action against a cryptocurrency hedge fund for violating securities laws.
The founder of the world's second largest crypto exchange was arrested by the Shanghai police - such headlines appeared yesterday on social networks and local media. In fact, the CEO and founder of the OKCoin and OKEx cryptocurrency exchanges, Star Xu, was spotted at the local Shanghai police station. On the evening of the next day, Star Xu left the police station, which means that he was not charged within 24 hours, according to the law.
Prices for altcoins from the second three capitalizations of CoinMarketCap were declining. Only EOS managed to stay on the sideways
Representatives of the International Monetary Fund (IMF) have officially stated that the government of the Marshall Islands should “seriously reconsider” its idea of adopting digital currency as a second legal tender. At the moment, the only means of payment in the country is the US dollar.
China continues to create its own crypto history, implementing a policy of banning cryptocurrencies and supporting blockchain technology. Last week, the Supreme Court of the Middle Kingdom recognized records on the blockchain as reliable evidence.
Ripple and R3 have reached a settlement on all outstanding litigation related to the transfer of tokens, which were valued at $19 billion at the time of the dispute. In a brief statement released Monday, Ripple announced the settlement without disclosing details.
Yesterday, the altcoin market was declining, and Bitcoin lingered in consolidation. BTC price decline will resume today
Cryptocurrencies captured the attention of the general public when the industry's market capitalization reached $600 billion last year. The full legalization of the cannabis industry, much anticipated by many US citizens, is also quite popular on Wall Street, with many experts believing that the industry could be worth $75 billion by 2030.
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