Mongolia – DIGIT INFO

Central Banks Boost Gold Holdings Amid Global Geopolitical Tensions and Economic Uncertainty

DIGIT — Thu, 17 Oct 2024 00:46:20 +0000

Central banks from several nations have signaled a shift towards increasing gold reserves, citing geopolitical tensions and economic uncertainty. Officials from Mexico, Mongolia, and the Czech Republic expressed support for gold’s growing role, reflecting broader trends as central banks seek safe havens amid lower interest rates and rising risks. Central Banks Signal Increased Reliance on […]

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From the Altai Mountains to the Gobi Desert: Tokenizing the history of nomadic horse riders through Mongol NFTs

DIGIT — Mon, 20 Dec 2021 21:30:00 +0000

The firm behind the namesake platform wants to bring Mongolian artists to the world stage and promote an authentic cultural experience to tourists through the Metaverse.

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Mongolia’s Cheap Electricity Draws Japanese Bitcoin Miners Seeking Profit

DIGIT — Sat, 12 Jan 2019 05:05:26 +0000

A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north. Amid falling mining revenues in other regions of the world due to the current crypto bear market, companies that have set […]

The post Mongolia’s Cheap Electricity Draws Japanese Bitcoin Miners Seeking Profit appeared first on Bitcoin News.

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Mongolia Partners With Stablecoin to Use Blockchain for Lending Services, Money Transfers

DIGIT — Fri, 11 Jan 2019 15:27:00 +0000

Mongolia’s capital city administration has partnered with a blockchain company to use its stablecoin for utility bills and government subsidies

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New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin to Mongolian ‘Candy’

DIGIT — Sat, 29 Sep 2018 18:30:43 +0000

Following some notable premiers in the genre recently, the next batch of stablecoins is on the way. A British startup is partnering with a bank to launch a GBP-pegged crypto, a Swiss commodities trader wants to mint a coin backed by metals, and a Mongolian telecom has been licensed to issue the country’s first digital […]

The post New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin to Mongolian ‘Candy’ appeared first on Bitcoin News.

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London Blockchain Startup FarmaTrust Partners with Mongolian Government to Stop Fake Medicine

DIGIT — Wed, 28 Feb 2018 17:49:15 +0000

FarmaTrust, a UK blockchain startup and global tracking system has officially signed a partnership with the Mongolian government to pilot a one-year project aimed at preventing the creation and distribution of counterfeit medications. The project will include both governmental and non-governmental parties in Mongolia, including the Specialized Inspection Agency of Tuv Province of Mongolia and the Mongolian e-Government Center NGO. Disclosure: This is a Sponsored Article The pilot project will kickoff in the Tuv Province, a province outside of the capital city of Ulaanbaatar. Immediate tasks include conducting feasibility reports and helping government monitoring and inspection of pharmacies, and pharmaceutical

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