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.
Australia ranks 11th on the global cryptoeconomic scene with a daily trading volume of 305 Bitcoin. The authorities are consistently building a strategy for working with the digital economy, creating a legislative framework and conditions for the development of blockchain technologies. Thanks to such loyalty and foresight of regulators, the implementation of a new “smart money” project became possible.
China's national currency has fallen below a critical level. Many attribute this to trade wars and political tensions between China and the United States. The accelerating decline of the Chinese yuan is causing concern not only in traditional financial sectors, but also in the cryptocurrency market.
On Monday, the price of Tron rose 12% against USD, testing the August high of $0.028.
Tech Bureau, operator of Japanese crypto exchange Zaif, has not yet disclosed its compensation strategy for customers affected by the hack, which occurred three weeks ago. The major theft netted the hackers a profit of $60 million.
American economist Nouriel Roubini, an implacable critic of blockchain and cryptocurrencies, known under the nickname “Doctor Doom,” published another provocative statement on his Twitter.
The creator of Ethereum, Vitalik Buterin, expressed the opinion that the platform will be able to survive his absence, causing many questions and rumors. Following this, he had to explain his statement.
Heritage, a solution developed by the Airbus Foundation, is a decentralized framework that allows the Airbus Foundation to receive and manage donations and provide this functionality to other charities it works with using the Ethereum blockchain.
A bipartisan group of senators in the United States is seeking to tighten sanctions against Venezuela and its Petro currency. The proposed sanctions would extend and strengthen the presidential order prohibiting US residents from providing any assistance to the Venezuelan government in its efforts to launch Petro.
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