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.
On February 18, 52-year-old Chung Ki Joon, who developed a law to regulate cryptocurrencies, died at his home. The police are already working to determine the cause of the official's death. According to the preliminary version, the cause of Jung Ki-joon's death was a heart attack, Yonhap reports.
A California legislator recently introduced a bill that, if passed, would update the electronic records law to include blockchain signatures and smart contracts.
According to the researchers, retail investors will be most affected by a decline in cryptocurrency prices, while institutional investors are better protected from such an event.
Hard fork of Ethereum (Ethereum Classic) in 2016. Bitcoin Cash split from its parent in August 2017. Litecoin now also has its own fork – Litecoin Cash.
In April, Tatarstan will host the ICO Summit Kazan, which will bring together 300 delegates from various countries, experts in the field of blockchain and ICO, who will present ICO projects. The best and most promising project, according to the delegates, will receive $10,000. This summit will help investors choose the most profitable sites for investment and further cooperation.
The Internet community supported the initiative to help Venezuelan refugees by donating from 10 to 100 dollars in Bitcoin Cash cryptocurrency
According to Ain.ua, the Hideez Group company presented the world with the first Ukrainian cryptocurrency wallet. The device operates on the basis of the Hideez Key smart keychain and is called Hideez Wallet. To sign transactions, the device uses Invisible Pin technology, which works as a combination of short and long button presses. Manufacturers believe that such code cannot be intercepted or spied on.
Robert Opp, head of the UN World Food Program (WFP), announced the start of the development of a financial infrastructure that will allow for more efficient use of blockchain. According to CCN, the organization has already been able to save millions of dollars in banking fees using Ethereum.
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