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.
“Try your luck in Las Vegas. The food is better there,” said cryptocurrency critic Jeffrey Robinson, who has previously argued that digital assets are not investments and are not currencies. This week, some of the people who poured dollars into Bitcoin are regretting their decision as the price of the digital token fell below $5,000.
Anthony Dresch, founder of Korelya Capital, which led Bitfury's $80 million funding round, recently joined Bitfury's board of directors. And Bitfury's advisory board will now be chaired by Annette Nazareth, a former authorized representative of the US Securities and Exchange Commission.
North Dakota financial regulators have banned a fraudulent Russian cryptocurrency company from operating in the state after it was revealed the company was posing as a bank in Liechtenstein to illegally launch an initial coin offering (ICO).
Prices are expected to recover today, but will the pairs be able to break out of the falling peak and consolidate near support levels?
Hardware wallet maker TREZOR is warning that one of its models, the Trezor One, has been cloned and resold on secondary markets. The manufacturer of the Trezor One imitation devices is not known to the company, but they are very similar to the original ones.
The crisis continues, prices for ADA/USD and IOT/USD may consolidate after these pairs lost value for two days in a row.
Efforts by Spanish tax officials to identify cryptocurrency holders are beginning to pay off. After investigating several firms, the Treasury is looking to introduce a new cryptocurrency tax.
High market volatility last year, and especially the epic Bitcoin rally in December, became the reason for the US Department of Justice to investigate the activities of the Bitfinex crypto exchange and the Tether Ltd team.
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