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.
Yesterday, the movement in the flat consisted of a decrease in price to the lower border of the side range. Will cryptocurrency pairs remain sideways today?
On June 21, the Supreme Court issued its decision in the Wisconsin Central Ltd. case. v. United States is a case that examines whether stock options can be taxed in the same way as money. The US Supreme Court mentions cryptocurrencies to formulate its decision.
Brothers Tyler and Cameron Winklevoss have long been thinking about creating a Bitcoin exchange-traded investment fund. While the idea is still in development, a company associated with the brothers has been awarded another patent to create cryptocurrency exchange products.
Indian Prime Minister Narendra Modi has promised to use technology to accelerate national development and spur growth by making government more transparent and innovative. He promised to overhaul health care policies, banking and government services, and even announced that he would partner with Google to provide Wi-Fi at 500 train stations across the country.
Europol is committed to developing more aggressive and effective ways to combat violations in the field of digital asset trading and invites Europe's largest cryptocurrency exchanges to join in addressing security challenges.
Gresham's Law is an economic law that states: “Worse money crowds out better money,” or “Money on which you don’t have to pay taxes crowds out money on which you need to pay taxes.”
Mick Mulvaney, Trump's appointed head of the Office of Management and Budget, who has been dubbed the bitcoin congressman, believes that the administration must find a balance between protecting investors and regulating the crypto environment.
Cryptocurrency theft is common. From MtGox to DAO, cryptocurrency hacks prove the axiom: if it can be stolen, it will be stolen.
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