Strategy

August, 18

THREEFOLD'S PLAN TO REGENERATE THE PLANET

As cryptocurrency prices skyrocket, the profits for miners grow proportionally. For this reason, companies from various fields are considering entering this nascent industry.

The European Commission (EC) approved on Thursday September 24, a digital finance package, including a retail payments plan, digital finance strategy and legislative proposals on cryptocurrency and digital resilience, for a booming European Union (EU) financial sector that gives customers access to state-of-the-art financial goods and services.

China is promoting the construction of a free trade port in Hainan as a substitute for Hong Kong (HK).

A bill for Blockchain National Strategy was proposed in the United States Congress that would come up with a national blockchain and distributed ledger technology (DLT) strategy.

The Iranian President, Hassan Rouhani, has urged a re-think of the national approach to the cryptocurrency mining sector.

The People’s Bank of China (PBoC), with three other state financial regulators, has proposed a plan to set up a finance trade platform exclusively powered by blockchain technology for the Guangdong-Hong Kong-Macao Greater Bay Area.

On February 7, the Australian government rolled out its national blockchain tech development strategy after nearly twelve months of groundwork. A long-anticipated national blockchain and distributed ledger technologies (DLTs) strategy finally launched this month, and it is concentrating on the business prospects the disruptive revolution is presenting to sectors ranging from finance to wine.