There is now little debate that an altcoin market recovery is underway. Although numerous comparisons will no doubt be made to the events of 2017, in all likelihood this bull run, should it continue, will have a life of its own. Already one difference is the degree of diversity seen in the value gains among…
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The cryptocurrency sector has recently been shaken with news from China, where the People’s Bank of China, alongside government institutions, are reportedly hard at work developing and preparing the launch of the digital Yuan, a state-sanctioned digital currency that is bound to facilitate digital payments in the Asian country.
However, reports also showcase China’s interest in…
Although there is tremendous development across many aspects of the crypto space, advocates remain frustrated at the seemingly low level of adoption by the retail sector. In the ten years since Bitcoin’s release, cryptocurrencies remain a fringe element of global consumer business. Behind the scenes, the situation is changing, as interest from retailers is clearly…
Members of the United States Congress are again openly addressing the cryptocurrency revolution by holding committee hearings and researching its potential impact on the current financial system. Although there is significant division among them, there is no doubt that America’s legislators are becoming notably concerned about the changes blockchain technology is introducing. There is now…
So far, numerous case studies regarding blockchain’s usability as a voting platform have been carried out by local governments, NGOs and private entities. So far, the results look promising, in the sense that blockchain can easily facilitate secure and transparent voting, thus completely eliminating fraud, while also making the process more seamless.
Despite this aspect, blockchain…
PayPal has announced that it will withdraw from the Libra Association, which is yet another blow to Facebook’s planned digital currency. Whereas it is no secret that politicians and financial regulators are highly skeptical of Libra, this move is the first indication of a rift among the platform’s partners. It also underscores the challenge legacy…
The Swiss Financial Market Supervisory Authority (FINMA) has certified two Blockchain institutions. This makes SEBA and Sygnum the first crypto banks to be licensed by the Swiss regulator. Thanks to the banking and securities trader approvals, the firms can now sell their services to both corporate and professional users.
The news release dated 26th August 2019…
Ripple continues to grow and gain institutional clients, as the company behind the cryptocurrency clearly demonstrates that it has a firm goal for long-term success. Ripple Labs intends for its platform to become the standard for international currency transfers, and to that end it has added more banks and financial clients. Also, it has merged…
Although businesses of all types are moving into the crypto space, the gaming industry has remained curiously behind on adoption. This fact may be perplexing, as gaming enthusiasts are highly likely to own cryptocurrency, and digital assets are a perfect fit for integration with video game technology. Now, this reticence to embrace crypto may be…
Despite its promising start, given the large number of companies that expressed interest in joining the project, Facebook’s Libra project is currently dealing with several challenges. This Monday, Facebook officially launched the cryptocurrency alliance, yet only 21 out of the 28 original backers participated.
Backers no longer have Libra’s back
According to recent reports, several backers have…
