In this changing financial and economic environment, people are being forced to switch to cashless payments. Although most prefer to use traditional banking cards, some people prefer alternative means such as cryptocurrency. In fact, the interest in the latter is steadily growing, making users speculate it might replace bank cards over time.
Dubbed Crypto Nation for its friendly stance for innovations including blockchain and cryptocurrency, Switzerland confirmed the name once more. A new legal package passed by the Swiss Federal Council is going to remove all existing legal barriers for startups.
China and the USA have been competing with each other for some time now. Presently, both countries are looking to develop their Central Bank Digital Currency (CDBC) to adjust to the changing environment affected by the COVID-19.
DAO.Casino is both pleased and excited to announce the launch of the TestNet 1.0 of its Blockchain project. This public testing environment provides developers and contributors with access to the beta version of the DAO.Casino network, to sample our next generation solution for the Gaming industry.
California-based e-commerce platform eBay is expected to pave the way for the creation of a favorable cryptocurrency environment. Their new ad hints that the giant might be preparing to accept digital currencies such as Bitcoin, Ethereum, Ripple, etc. on its website.
Blockchain technology, crypto, the internet of things (IoT) and artificial intelligence (AI) projects are among the major focuses of the Italian government since they are expected to play a big role in transforming the social, economic and political positions of the country. Innovative developments in these fields are registering progress and the country has tried to create a conducive environment for them.
There have been many debates around bitcoin’s energy consumption rates and its negative influence on the environment. Sustainable systems such as solar energy can solve the problem by introducing ecologically clean energy for mining. Besides, it is much cheaper than traditional sources.
An assessment of crypto usage is not an easy thing to be done, since it is based on population, environment diffusion and legal background. And for this matter, therefore, this assessment has been made based on data from Localbitcoins, Coinatmradar and Coinmap. It has also been made based on the circulation of ATMs and legal acceptance of the currency in these top 10 nations in question.