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.
Payment cards are becoming difficult to obtain for crypto traders who operate in the OTC brokerage sector. MasterCard and VISA have announced that they consider cryptocurrency transactions to be particularly risky and are therefore discontinuing services to offshore trading platforms and brokers whose business is related to cryptocurrency.
The Verdict reported on Monday, October 15, that Apple co-founder Steve Wozniak has co-founded blockchain-focused venture fund EQUI Global. Back in June, Steve criticized the technology and called the blockchain a bubble, and already in August he announced his plans to establish a company using this technology.
After a short consolidation, the market decline will resume.
After yesterday's surge in volatility, the market's sideways movement resumed
The outgoing chairman of the Hong Kong Securities Authority has lifted a ban on domestic cryptocurrency exchanges and instead proposed formal regulatory methods.
On the bitfinex exchange, the price of bitcoin rose by $1,500 in just a couple of hours, from $6,294 to $7,788, which is a 24% increase. However, such a jump did not occur on other exchanges. This is associated with the exchange’s use of the stable token tether.
In a series of high-profile listings, bonus digital asset exchange Gemini will add support for Litecoin (LTC). The listing will likely help improve LTC's image and make it more accessible to a wider range of investors.
Crypto scammers have long been using the trick with famous personalities to deceive gullible users, but now, instead of businessmen and influential people in the crypto industry, they have politicians and government officials in their arsenal. In yet another scam on Facebook, scammers, using a photo of New Zealand Prime Minister Jacinda Ardern, called for investing in the cryptocurrency startup Bitcoin Revolution.
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