Wed, July 24, 2024

Cryptocurrency news from around the globe

Digital currency market on Tuesday

The cryptocurrency market and the news regarding the digital currencies became more accessible to crypto owners. It means that nowadays it is easier to find out about the price of Bitcoin or any other cryptocurrency.

China has the second-largest economy in the world. Also, China is home to more than 1.3 billion people. These two factors combined underlines the importance of this country to the digital currency market.

Also, China established itself as the main Bitcoin mining hub in the world. However, the problem with the local market is that in 2017 Chinese authorities made the decision which seriously affected the crypto market in China.

However, this was not an end of the story for cryptocurrencies in China. Moreover, recently China’s President Li Jinping addressed this issue. He said that China should work harder to embrace the blockchain technology.

A Chinese state news agency Xinhua published an article about the oldest cryptocurrency on the market. According to the article, Bitcoin is the first successful application of blockchain technology.

Xinhua described the difference between the public and private keys. This article provided many interesting facts about Bitcoin. However, it also contained information which is not correct. For example, a news agency claimed that Bitcoin is mainly used in darknet transactions.

Swiss merchants will accept cryptocurrencyCryptocurrency market in Switzerland and other countries

Excellent news about digital currencies comes from Switzerland. This country is already well-known due to its positive stance regarding the cryptocurrencies.

This week, Swiss crypto broker Bitcoin Suisse signed a letter of intent with European payment and transaction services provider Worldline. This joint project will help to boost crypto payment acceptance in Switzerland.

According to this agreement, customers will be able to use crypto payment services. Across the country, 65,000 merchants are using Worldline’s payments infrastructure dubbed SIX payment Services.

It is worth mentioning that in the future, Worldline plans to offer cryptocurrency payments across Europe.

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