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.
New York Attorney General Eric Schneiderman has asked 13 cryptocurrency trading platforms, including Coinbase Inc and Gemini Trust, to provide additional information about their operations, including information on their commission policies and security measures to protect customer accounts.
Venezuela's national cryptocurrency Petro was launched at the end of February and, as stated in its technical documentation, is backed by the country's oil reserves. The currency has previously been considered controversial due to its alleged evasion of US sanctions, with the Venezuelan president even sarcastically calling it “the kryptonite that will help the country fight Superman.”
Our forecasts for the dynamics of cryptocurrency pairs remain unchanged. Consolidation near the strength levels of support and resistance continues
South Korean cryptocurrency exchange Coinone will provide its services in Indonesia, according to a press release published on the company's website on Monday, April 16. The company is now receiving permission to open a branch, which is scheduled to begin operations in June.
In the April newsletter sent out recently, Pantera Capital Management noted the high probability that Bitcoin will rise and even overcome the December high of around $20,000.
In an effort to strengthen its position in the cryptocurrency space, popular cryptocurrency exchange Coinbase on April 13 announced the acquisition of Cipher Browser, a free Ethereum mobile wallet, and a web3 browser dapp that is similar to its own Toshi product.
The high cost of doing business in Japan and regulatory pressure are forcing the veteran digital platform, the American crypto exchange Kraken, to leave this market after 4 years of successful operation.
Despite previous growth, the cryptocurrency market is currently showing sluggish price movement. In fact, a reverse recovery in the prices of many altcoins has begun. In my opinion, we should wait for a decent buy signal before purchasing NEO, Litecoin, Stellar Lumens, EOS or IOTA
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