Cambodia’s cryptocurrency sector appears to be marching forward, despite the absence of clear regulatory guidelines pertaining to virtual currencies. Also Read: PBOC to Strengthen Cryptocurrency Regulations in 2018 Regulatory Ambiguity Fails to Deter Cambodia’s Cryptocurrency Sector A report published by The Phnom Penh Post suggests that Cambodia’s virtual currency industry is pressing forward in spite of […]
The post Cambodia’s Crypto Industry Marches Forward Despite Legal Grey Area appeared first on Bitcoin News.
Powered by WPeMatico
Bitcoin is a cryptocurrency that has become popular all over the world, but we can’t forget its early days. From the inception of Bitcoin, it’s been more like an experiment in a distributed currency and a target for online hackers. But right now, it has become a multi-billion dollar digital asset which is widely known, thus making all financial institutions express fear due to the fact that the reason for their existence is threatened. However, in this article, we would rather take a detailed look at the challenges Bitcoin must face or overcome to become a worldwide currency and ensure corrupt politicians don’t have their
Despite several iterations, cryptocurrency is still severely criticized. In fact, the acceptability of these digital coins is always viewed with skepticism. Often, users of this currency are perceived as being selfish. People think that the crypto world is all about making and saving money. However, a recent happening has jolted the news world and the crypto haters. A popular charity, GiveDirectly, has received a US$1 million donation from Ethereum’s founder and OmiseGo. Such charitable donations are worth highlighting as using cryptocurrency for this noble purpose is indeed something notable. Maybe this initiative will compel the haters to rethink their beliefs about crypto. GiveDirectly received a US$1
The European Securities and Markets Authority (ESMA) has announced that it will impose restrictions on the leverage offered for contracts-for-difference (CFDs) and binary options offered to European retail investors. Under the new measures, the leverage offered on cryptocurrency CFDs will be limited to no more than 2:1. Also Read: PBOC to Strengthen Cryptocurrency Regulations in 2018 […]
Bitcoin’s price has incurred a small jump. After yesterday’s trading lows of $6,600 – $6,900, the current mark for bitcoin’s price is just under $7,100 – a small, but noticeable step forward after what can be labeled a very tumultuous week. For the most part, however, cryptocurrencies remain in the red, with major bitcoin competitors like ether trading at just under $400 and litecoin sitting at about $116. Other currencies, like Ripple’s XRP and bitcoin cash, are down approximately 20 to 30 percent from last week’s figures. Overall, the market has lost a total of nearly $114 billion, though today
Cybersecurity has become one of the biggest threats of our time, with about 7% of the world’s economic output at risk of being stolen. Blockchain technology is one solution, which is why so many new blockchain startups have appeared on the scene to tackle the issue of cybersecurity, but is that enough? Which ones are actually effective? Looking at the most protected systems in the world – such as supercomputers employed by the U.S. military – we know that real solutions exist, but they’ve been neither affordable nor accessible to the general public. Blockchain startups have been bridging the gap, with one in particular catching the attention of
The chairman of the central bank of Kazakhstan said that the bank has prepared legislation to prohibit the sale and purchase of cryptocurrencies in the country as well as any kind of crypto mining, citing several risks he sees. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies National Bank’s Crackdown on Crypto […]
With the cryptocurrency markets getting a temporary reprieve, it is evident interesting things can happen. Judging by the previous weeks, this upward momentum will not last that long. For the Ethereum price, the question is whether or not remaining above $400 is in the cards. Right now, it seems that is a successful venture, but it will not last all that long. Ethereum Price Momentum is Difficult to Come by This past week has not been overly exciting for Ethereum price watchers. Nor has the rest of the year been so far, as it is all pretty negative in general.
West Virginia is writing history, as it will become the first state in the US to use blockchain technology in the voting process during the upcoming May 8 Senate election. This will be done through a mobile application and will only be available for deployed military officers from the counties of Harrison and Monongalia, their spouses, and their dependents. ANONYMITY AND TRANSPARENCY Military officers who are deployed in various parts of the world currently use archaic methods to participate in the voting process. These methods include casting ballots via mail, fax or email. The officers are thus denied the basic right of