Tether credentials as a reliable dollar substitute in the cryptocurrency marketplace, is in jeopardy. For the longest time, the altcoin has billed itself as a Stablecoin, pegged on the dollar.
The crypto market is still full of potential in the last quarter of 2018. However, the number of initial coin offerings (ICOs) has seen a decline over the past months.
By next month, South Korean lawmakers and regulatory agencies are likely to unveil the country’s official stand on fundraising through ICOs.
The chairman said that his agency believes the “do no harm” approach and is willing to see more innovation in the country’s blockchain sector.
The main purpose of the sidechain technology is improved transaction facility, faster settlements, and tokenization of different assets.
The anonymous government official said that the state-owned cryptocurrency will be running on a blockchain developed and monitored by the central bank.
Venezuela reaffirms the launch of the petro cryptocurrency, as the public sale date rapidly approaches.
Jack Ma consider blockchain a powerful innovation and says that he is fascinated by the value it brings to the table.
China has for the longest time shied away from the cryptocurrency debate after banning them early in the year. Amidst the ban, some people believe the country needs to reconsider its stance.
Several shopfronts in Dubai will get the POS terminals wherein customers can pay using the emcredit’s emcash digital currency equivalent to UAE’s official currency, Dirham [AED].