The Ukrainian government doesn’t find the necessity to regulate mining activities and said that the blockchain industry is robust to self-regulate them.
China’s Bitcoin mining industry is facing severe consequences of the Coronavirus outbreak as mining manufacturers are forced to delay their hardware production. This is likely to impact the Bitcoin mining halving event scheduled in May 2020.
The Ethereum price movement shows a convincing uptrend. Significant developments in the ETH 2.0 is bringing it closer to reality.
A report released by Gartner Research shows that smart contracts will improve the data quality by 50% by 2023 thereby helping organizations to make better decisions.
Leaders of Bermuda think that having a right cryptocurrency framework in place will help them create a strong bond with other global economies.
Grayscale Investments have extended an additional 2-year support for the Ethereum Classic project up to the end of 2021. The ETC price has tripled since the beginning of 2020.
Legendary K-Pop artist Mr Jung Won-Kwan added to the advisory board of Blockchain ticketing project GET Protocol.
Following global developments, India’s top blockchain body recommends having a national cryptocurrency administered by its central bank.
Deutsche Bank believes that digital currencies have the potential to radically change the financial payments and banking industry.
The Japanese policymakers said that its CBDC - the Digital Yen - will be a joint project between the government and private companies.
The CBDC framework and toolkit allows central banks to test CBDCs at their end y weighing both - the pros and the cons - of this market.
The Reserve Bank of India has clarified its stand on the ban of digital currencies. Holding digital currencies is not illegal, however, regulators can’t indulge in those activities.
Six central banks plan to explore the use of digital currencies while working with the Bank of International Settlements.
South Korea has said that it will consider introducing 20% tax considering crypto profits as capital gains. The tax will be introduced in the first half of 2020.
The cryptocurrency market has given an excellent response to the start of 2020 as Bitcoin and many other altcoins are showing formidable price gains just in the first month.
Kadena’s hybrid blockchain network aims to offer an interoperable smart contract support between public and private blockchain networks.
The newly proposed bill will give crypto users some relief from reporting every small instances of spending their crypto holdings whose value fluctuates on a day-to-day basis.
After Craig Wright’s claims of getting access to the “Tulip Trust” pandora’s box, the plaintiff has requested court to ask for the bounded courier documents which had access to this trust.
CME Group started like trading of its Bitcoin Options. The start was great as CME traded 55 options contracts with over $2 million in notional value.
The regulator have stressed that the digital assets have largely penetrated the financial market and hence necessary steps need to be taken to make investors aware of it.