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.
In today's review, as always, we summarize the results of the outgoing week and analyze the overall price dynamics
One of the divisions of the Japanese Internet giant GMO Internet, the GMO Coin crypto exchange, offers its clients a new type of income: interest on cryptocurrency deposits. The mechanism for the “growth” of bitcoins remains unclear. After all, traditionally, banks take money from depositors, and then issue loans in fiat and receive income thanks to the difference in interest rates. Bitcoin, on the other hand, increases in value over time and has no demand for loans.
Doctors around the world have rather mixed feelings about electronic health records (EHRs). On the one hand, doctors understand that they are needed to provide better medical care. On the other hand, current EHRs are bulky, clunky, and slow programs. Indeed, opinions about EHR differ, and opinions also differ about the choice of solution to the problem. One solution could be blockchain, the technology behind Bitcoin.
Blockchain is confidently gaining business, but the volatility of cryptocurrency is not conducive to settlements between companies in tokens. The need to create a currency pegged to the exchange rate of real assets for settlements is long overdue. Today we are looking at one of these stable coins - Dai.
The price of the main cryptocurrency pairs, although it has slowed down its growth, is showing positive dynamics
The Bermuda Financial Authority (BMA) is seeking public input on anti-money laundering legislation that would regulate domestic cryptocurrency activities.
The Supreme Fatwa Issuing Committee, composed of members of the Union of Islamic Scholars of Kurdistan, issued a fatwa banning cryptocurrencies on Thursday, saying that digital currencies “must definitely be prohibited” from the point of view of Islamic jurisprudence.
Five cryptocurrency exchanges have already closed in Japan, including Mr. Exchange and Tokyo Gateway. This comes after the largest hacker attack on the Coincheck exchange, as a result of which the equivalent of $523 million in cryptocurrency was stolen.
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