Curated blockchain and cryptocurrency news – Week 4’19

Cboe exchange withdraws VanEck-SolidX ETF proposal prematurely, IMF consulting Malta on how to continue and what to fix, South Korean exchanges joining hands to prevent scammer and hacker success, Maduro's gold stuck in the UK due to US sanctions (Kraken CEO has something to say about that), Kik messenger likely to bravely go to court…

January 30, 20190Comments

ByZoran Spirkovski

Altcoins Bitcoin

Dash Finding Success by Targeting South America

Interest in cryptocurrency continues to grow in the developing world, with millions recognizing the opportunities offered by using blockchain assets. In South America, Dash is gaining a foothold, as many in the realm are seeking crypto alternatives to their unstable national fiats. This move is largely a result of the Dash team’s aggressive marketing and…

December 21, 20180Comments

ByTrevor Smith

Altcoins Bitcoin

States Continue to Explore issuing National Cryptocurrencies With Mixed Results

As cryptocurrency adoption and blockchain development grows, states across the globe continue to explore the idea of issuing 'national cryptocurrencies.' This concept is fiercely debated, with various nations taking different approaches to the subject. The results are an emerging patchwork of various policies and projects, which serves to demonstrate the tremendous challenge central banks are…

November 12, 20180Comments

ByTrevor Smith

Altcoins Bitcoin Ethereum

South American Crypto Growth Significant and Diverse

Cryptocurrency’s global growth has been substantial over the course of this year, and nowhere has interest been stronger than in the developing world. Blockchain advocates have long asserted that the technology will bring the most benefits to the poor and working classes, as it frees individuals from reliance on corrupt financial institutions and poorly managed…

October 3, 20180Comments

ByTrevor Smith

News Opinion Technology

Forbes Reports on Iran to Release National Cryptocurrency Before the End of 2018

Yaya Fanusie, a Forbes contributor recently published an article detailing Iran's intention to evade U.S. sanctions. The main goal is to create a blockchain-based solution for the banking sector in the country, in response to reactivated sanctions following Iran's nuclear development cessation agreement. The situation is similar to what was happening in Venezuela, a country…

August 24, 20180Comments

ByZoran Spirkovski

Bitcoin News

Rogue Nations Increasingly Using Cryptocurrencies to Avoid Sanctions

Earlier this week, Hotelsiniran.com, a major Iranian hotel booking website, confirmed that it now accepts payments via cryptocurrencies. This move is part of a trend wherein economically isolated nations are using virtual currencies as a tool to avoid sanctions and other trade barriers. Actions such as these demonstrate the truly global, and revolutionary nature of…

July 27, 20180Comments

ByTrevor Smith

Bitcoin News Technology

Iran and Russia Discuss Transacting in Crypto to Avoid International Sanctions

After the incident of the recent international sanction placed on Iran and Russia, the financial systems of these governments have been at the verge of collapsing, and cryptocurrency seems to be the only hope for the economic rejuvenation of the two countries. The Iranian Commissioner for Economic Affairs –Mohammed Reza Pourebrahimi -has urged the central…

May 27, 20180Comments

ByZoran Spirkovski

Altcoins Bitcoin

Venezuela’s Petroleum-Backed Crypto Due To Launch Within Days

The Venezuelan government will soon launch an official cryptocurrency, according to Venezuelan President Nicolas Maduro. The crypto, to be named the Petro, will be backed by the nation’s natural resources, which include its estimated 5.3 billion barrel oil reserves as well as significant gold, diamond, and other mineral deposits. Many details of the Petro, such…

January 4, 20180Comments

ByTrevor Smith