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 JoongAng Daily, the Financial Supervisory Service (FSS) appeal was part of a study that was released by the agency on Thursday. This study examines the possibility of Korean regulatory agencies and companies collaborating to develop the proposed system, and also examines the applications of blockchain technology by exchange operators around the world.
Today there is a high probability that the decline will end and growth may resume after a short consolidation
Another security vulnerability has been found in Monero (XMR), a coin designed to ensure maximum transaction privacy, according to news reports.
According to local sources, the Japanese financial institution Mizuho Bank is accused of defrauding the deposits of clients of the Mt Gox exchange who hoped to withdraw their funds after the collapse of the exchange.
The government of Queensland, Australia's second largest and third most populous state, will begin supporting local cryptocurrency startups that it believes will boost tourism in the state.
The founder of the crypto exchange, Changpeng Zhao, expressed his opinion on Tether (USDT) as part of the Korea Blockchain Week conference, noting that the situation may be cause for concern.
Over the past two weeks, trading volumes for bitcoin and other cryptocurrencies have increased. This is partly due to the excitement surrounding the Securities and Exchange Commission's (SEC) ruling on cryptocurrency ETFs. However, Ethereum co-founder Vitalik Buterin considers such hype to be exaggerated and draws the attention of the cryptocurrency community to the fact that it is necessary to make it easier for people to use digital currencies, and not pay too much attention to cryptocurrency ETFs.
Canadian crypto exchange and brokerage platform Coinsquare has added XRP to its listings, moving even closer to its goal of becoming the premier trading destination for retail cryptocurrency investors.
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