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.
A recent internal report by The Economic Times (India) revealed a major US-based investment firm that is leading the charge to bring cryptocurrency trading to the traditional stock market. Of course, this initiative comes with many challenges and difficulties, but the integration of digital currencies on major stock exchanges is what many investors are looking for and something that will bring enormous benefits to the entire industry.
The IMF published an article entitled “Monetary Policy in the Digital Age,” in which Dong He, Deputy Director of the Monetary and Capital Markets Department, discusses whether traditional monetary policy can survive the decentralization of the banking system.
The Commonwealth Bank of Australia (CBA), which recently categorically banned customers from buying cryptocurrency with credit cards, has agreed to pay a further A$700 million in legal fees for violating anti-money laundering and counter-terrorism laws that have helped some of the bank's drug-dealing clients make millions in profits.
The current year increasingly confirms the title of the year of regulation of the cryptocurrency market. At least this is the case for the SEC, which first created a working group on cryptocurrencies and is now appointing an advisor to oversee cryptocurrencies, as a logical extension.
At the OmiseGO AMA session, Vitaly Buterin announced that he had found a completely new solution to scalability problems. The creator of Ethereum has announced an improvement that will take it from processing 15 transactions per second now to processing 1 million transactions per second in the future.
Today the price of altcoins is in the stage of consolidation. An upward breakout is unlikely, but it cannot be completely ruled out yet
Cryptocurrencies are easier to track than fiat money, and there are far fewer financial crimes involving cryptocurrencies than fiat money. This opinion was expressed by the former US Attorney at the ongoing Money 20/20 conference.
Yesterday, a snapshot of the EOS network, proving the presence of certain 10 addresses that concentrated 49.67% of all tokens, excited the crypto community.
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