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.
Of course, there are some obvious measures that can be taken to stop Bitcoin from working. However, they often cause many problems and are themselves very difficult to implement.
Yesterday, altcoin prices recovered to the level of average prices and, having set daily highs, went into consolidation. Today the price stabilization will end, and the decline will soon resume.
Israel is joining the trend of taking the crypto market under strict control and limiting the anonymity of digital transactions. A new bill defining measures to combat money laundering using cryptocurrencies comes into force on the first day of next month.
A joint venture between Big Four accounting firm Ernst and Young and software security company Guardtime has launched a blockchain platform to support ship insurance, Insurwave. The platform is expected to transform the way risk is managed and the way brokers and insurers work.
Wired's Louise Matsakis writes about how the publication collected nearly $100,000 in Bitcoin in 2013 after receiving a mining device, then quickly destroyed it.
All day yesterday, cryptocurrency pairs recovered to the weekend price level. The fall will resume in the near future, after a short-term consolidation
Poloniex, the world's 25th largest cryptocurrency exchange by trading volume, said on Twitter that it will freeze customers' accounts if they do not provide their personal information. It appears that under regulatory pressure, Poloniex and other exchanges are going to sacrifice customer privacy to satisfy business interests and comply with regulatory requirements.
The cryptocurrency world is shocked by the announcement of the father of crypto, John McAfee, who announced on Twitter that he will release his own McAfee coin, which will be a fiat currency (collectible) backed by cryptocurrency.
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