Cryptocurrencies offer a number of advantages compared with fiat currencies. Moreover, private and governmental organizations are trying to learn more about cryptocurrencies. Nevertheless, it too early to say that digital currencies issued by a central bank will become a reality in the foreseeable future. However, the situation might change if more people would start using …
Central Bank’s Deputy Governor and Cryptocurrencies Read More »
The Deputy Governor of the Bank of Canada gave a speech titled “Money and Payments in the Digital Age.” He made it clear that the country’s central bank has no intention to issue its digital currency. It is worth mentioning that the Bank of Canada was one of the most active students of the Centra …
Russia’s wealthiest person plans to expand his blockchain platform by launching his crypto token. Clients will be able to buy metals, as well as air tickets, and transfer ski passes from his companies. It is not the first time when Vladimir Potanin decided to develop this industry. He voiced his intentions to develop crypto tokens …
Vladimir Potanin Wants to Launch His Own Crypto Token Read More »
The crypto industry is evolving, and this helps to raise awareness regarding cryptocurrencies. Recently, a New Jersey lawmaker introduced the Digital Asset and Blockchain Technology Act. According to this act, crypto exchanges, as well as custodians, should obtain the license to conduct business in New Jersey. It means that any entity interested in providing digital …
Crypto Regulations in New Jersey and Russia’s Richest Person Read More »
Coronavirus outbreak, along with pre-existed weaknesses, has the potential to cause serious problems for the global economy. In this situation, private as well as governmental organizations should pay more attention to Bitcoin. It is worth mentioning that central banks are running out of ammunition, and it will become harder to avoid the recession. Reducing interest …
Bitcoin is the cryptocurrency number one when it comes to market capitalization. Moreover, it the oldest cryptocurrency. This cryptocurrency has the potential to boost the global economy. Based on several indicators, there is a risk of financial failure. It is worth mentioning that global debt reached epidemic proportions. At the moment, the governments around the …
Cryptocurrencies step-by-step are becoming more popular around the world. They offer a number of advantages compared with fiat currencies. Thanks to decentralized nature, crypto owners do not have to deal with the same problems as in the case of fiat currencies. The aviation industry slowly but steadily is embracing cryptocurrencies. Europe’s third-largest low-cost carrier Norwegian …
Europe’s Third Largest Low-Cost Carrier and Cryptocurrencies Read More »
Brad Garlinghouse is the CEO of Ripple. He would like to demolish banker’s fear of cryptocurrencies. Moreover, he plans to convince them to join the crypto industry. Another interesting news comes from Norway. Norwegian Air plans to accept cryptocurrencies. Ripple’s CEO believes that it is important to explain to regulators as well as bankers how …
It is a historic moment for the crypto industry. For the first time in the history of the crypto industry, a single entity in the cryptocurrency space holds broker-dealer, transfer agent, and qualified custodian licenses. Crypto custodian BitGo was able to reach this milestone thanks to its decision. BitGo is a licensed custodian through the …
Two days ago, the crypto custodian BitGo made an important announcement. According to this announcement, BitGo bought Harbor, a security token platform. The deal also includes the subsidiaries of Harbor. One of the subsidiaries is a broker-dealer regulated by the Financial Industry Regulatory Authority. Another one is a transfer agent supervised by the Securities and …
Canaan Creative is the second-largest Bitcoin mining hardware manufacturer in the world. This company from China is producing specialized mining hardware, including ASIC. As a reminder, AISIC refers to hardware that uses Application-Specific Integrated chips. Canaan’s sphere of interest also includes AI chip development. Based on the information provided by Canaan Creative, it produced more …
Second-Largest Bitcoin Producer and Strategic Partnership Read More »
The world’s second-largest Bitcoin mining hardware manufacturer Canaan Creative joined forces with the blockchain infrastructure firm Northern Data AG. The purpose of this agreement is to combine their technological and operational achievements. This way crypto mining company and Norther Data AG will optimize their operations. For example, the two companies will cooperate on artificial intelligence …
Cryptocurrencies such as Bitcoin, Ethereum, and others gradually became part of the modern world. Crypto-related companies, as well as companies not directly linked to the crypto industry, have the opportunity to earn money thanks to this industry. However, crypto adoption is not an easy task, and international companies should work harder to speed up the …
South Korean Technology Giant and Cryptocurrencies Read More »
The South Korean technology giant Samsung may become of the biggest drivers of Bitcoin and crypto adoption. The world-famous company is willing to develop the crypto industry. Moreover, it has the capacity to play an important role when it comes to crypto adoption. Several days ago, Samsung unveiled its latest Galaxy smartphones S20, S20+, and …
Samsung May Become One of the Biggest Drivers of Bitcoin Read More »
At first glance, it is hard to connect mining companies with the crypto industry. However, that’s exactly what happened in the Russian Federation. Moreover, the Central Bank of Russia (CBR) is also involved in this project. Nornickel is one of the largest mining companies in the world. Last year, the company developed the platform to …
Russia’s Central Bank, Mining Company and Crypto Industry Read More »
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