Materials by tag Currency

Sep 06, 2019 at 12:41
Marshall Islands Plans to Issue Sovereign Cryptocurrency
From the time the Republic of the Marshall Islands gained its independence, it has been using the US dollar (USD) as its fiat currency. But now, the financial authorities have come out with a major plan of issuing their own state-backed cryptocurrency based on blockchain and distributed ledger technology (DLT).
Sep 05, 2019 at 13:49
Facebook’s Libra is Fascinating but Treacherous, ECB Reveals
Facebook's cryptocurrency Libra could harm central banks and other major fiat currencies including the euro and dollar, according to European Central Bank (ECB) senior member of the executive committee Yves Mersch.
Jul 28, 2019 at 12:44
Venezuela Turns Tax Revenues into Bitcoin to Bypass Sanctions
The government of Venezuela has allegedly been spinning airport tax revenues into Bitcoin (BTC) and virtual currency to sidestep international sanctions. From the research made by a Spanish newspaper ABC, the President of Venezuela Nicolas Maduro plus his working admin are allegedly exploiting a virtual currency wallet application to spin tax revenue into popular digital assets, and then traded on cryptocurrency exchanges in different countries including China, Iran, Hungary, Russia, etc.
Jul 06, 2019 at 12:02
Nicolas Maduro Forces Banco de Venezuela to Accept Petro
President Nicolas Maduro of Venezuela, issued an order to Banco de Venezuela (BDV), a global financial institution based in Caracas, to begin accepting the Petro (PTR), the country’s popular oil-backed digital currency. Through the Minister of Finance, the President told the country’s third market leader with a market share for deposits of more than 11.2%, to begin allowing Petro cryptocurrency in all of its functioning branches.
Jun 24, 2019 at 15:27
Russian Ministry of Finance Might Allow Cryptocurrency
The Russian Ministry of Finance discusses the possibility of allowing the buying and selling of bitcoin and other major types of cryptocurrency. The legislators and the finance ministry are preparing to draft a law on the circulation of digital currency in the country, and the idea of ​​accepting their trading is under a serious discussion, however, the final conclusion on this matter has not yet been reached, according to Deputy Finance Minister Alexei Moiseyev.
Jun 23, 2019 at 10:21
Bitcoin Trading: 5 Fiat Currencies with Biggest Market Share
Coinhills, a platform that offers real-time prices and indexes of cryptocurrencies based on Bitcoin (BTC) through a user-friendly interface, has published the names of the most traded state currencies for selling and buying bitcoins basing on the data from various currencies, markets and digital asset exchanges listed on the platform.
Jun 21, 2019 at 11:29
Blockchain and Cryptocurrency in Asia
The Asia region is known for its contradictory relationship towards blockchain technology plus cryptocurrency and its decentralized nature. Some countries such as China, Japan, Singapore, Hong Kong, South Korea, etc., embrace it for its innovativeness and disruptive potential, while others try to strictly regulate or even ban it.
Jun 20, 2019 at 18:41
Challenge Binance? Discover the Mystery of MXC Exchange
In the field of digital currency, things are changing fast in a few years. Huge amount of money is pouring in like a surging tide, showing all kinds of miracles all the time. Speculators interweave with capital and technology. Over time, they merge and blend. One magical hero after another is shaped and praised as a shrine. Then, new faces coming in, catch up in stunning speed and surpass the old players.
Jun 16, 2019 at 10:47
Bitcoin Mining Consumes 1% of Global Energy, Report Reveals
The US Senate committee on Energy and Natural Resources issued a document stating that mining consumes about 1% of global energy. On public blockchains, mining embroils the computation of a massive amount of mathematical calculations known as hashes. On a normal day, Bitcoin miners collectively compute over 50 billion gigahashes per second.
1 2