Tag Archive: National cryptocurrecy

  • Iran Turns to Bitcoin in Preparation for Renewed U.S. Sanctions Altcoin News, Bitcoin, Bitcoin Acceptance, Bitcoin Regulation, News, News teaser

    Iran Turns to Bitcoin in Preparation for Renewed U.S. Sanctions

    With U.S. President Donald Trump declining to renew a nuclear deal with Iran, citizens of the country are turning to Bitcoin. Iran is facing renewed sanctions from the United States which could signal the start of new economic problems. There are also reports that the Iranian government is looking to create a state-owned cryptocurrency. Impending Economic Troubles Fresh sanctions from the U.S. will adversely affect Iran’s exports especially oil which forms a considerable portion of

    · May 10, 2018 · 8:00 pm
  • Cambodia Altcoin News, Altcoins, Emerging Markets, News, News teaser

    Cambodia Expected to ‘Follow Venezuela’ With National Cryptocurrency

    Venezuela issuing its Petro cryptocurrency has inspired Cambodia to release its “own cryptocurrency,” according to the local Blockchain industry. Entapay ‘Can Replace VISA’ for Cambodia A press release for the country’s forthcoming ASEAN 2018 BlockChain Summit, which will take place in the capital Phnom Penh March 7, tells readers to expect a “notable” announcement regarding a new payment medium called Entapay. According to organizers, the project, once launched had the potential to “replace” payment giants

    · March 5, 2018 · 7:00 am
  • Turkey Turkcoin Altcoin News, Altcoins, Bitcoin, News, News teaser

    Turkcoin? Turkey Politician Advises National Crypto To Profit From Bitcoin

    A senior Turkish politician has repeated claims from the country’s deputy prime minister that it will seek to create ‘Turkcoin,’ its own national cryptocurrency. Opposition Demands Regulation Several weeks after the ruling Justice and Development Party’s Mehmet Şimşek suggested the idea, Ahmet Kenan Tanrikulu, deputy chair of the opposition Nationalist Movement Party and former Industry Minister, argued a method was needed to “generate revenue” from Bitcoin. “The introduction of encouraging regulations after assessing all kinds

    · February 23, 2018 · 6:00 am
  • Altcoin News, Altcoins, News, News teaser

    Sweden Set To Become First Economy To Introduce Own Cryptocurrency

    Sweden’s central bank, the Riksbank, is looking at launching a national cryptocurrency called the e-Krona in as few as two years. Sweden’s position as potentially the world’s first cashless society has lead to a research note, written by HSBC economist James Pomeroy, entitled “Sweden’s big year: Can the economy overcome some challenges?” to identify the country as looking for international cooperation in developing an officially-sanctioned cryptocurrency. The note reads: The so-called e-Krona will have to

    · January 17, 2018 · 5:00 pm
  • Altcoin News, Altcoins, News, News teaser

    Stablecoins to Rule Them All

    Trading cryptocurrencies can be a wild ride, and it is definitely not for the faint-hearted. There is no regulation, no protection, and no safety net, but for many, this is the appeal. However, what if there was a coin that had the best of both worlds: some stability and regulation but all of the technical advantages of the blockchain network? The concept of a stablecoin is one that has real world value in either fiat

    · December 18, 2017 · 9:00 am
  • Australians Keep Getting Scammed Out of Their Bitcoin Blockchain Technology, FinTech, News, News teaser

    Australia Latest Country to Push for National Cryptocurrency

    Law makers from both sides of the political divide have called upon the Reserve Bank of Australia to embrace blockchain technologies. This follows yesterday’s all time high Bitcoin price of over $3400. Liberal senator Jane Hume from the ruling coalition and Labour senator Sam Dastyari have formed the Parliamentary Friends of Blockchain, as reported in the Sydney Morning Herald. They claim that failing to capitalise on the potential of crypto-currency could put the future of Australia’s

    · August 8, 2017 · 12:15 pm
  • PBoC Counselor: Countries Solely Using Crypto Would 'Collapse' Bitcoin, News, News teaser

    PBoC Counselor: Countries Solely Using Crypto Would ‘Collapse’

    A People’s Bank of China (PBoC) counselor has said economies adopting cryptocurrency “could collapse” from volatility. Sheng: Crypto Volatility Would Ruin Economies Speaking in an interview with Chinese news portal Yicai, Sheng Songcheng said that this “volatility” was an inherent problem with currencies such as Bitcoin. Songcheng warned: Virtual currencies are highly volatile, and fluctuations in their prices can easily reach 10 to 30 percent. […] If a country accepts one of them as its

    · July 8, 2017 · 1:00 pm
  • Russia Bitcoin, Bitcoin Regulation, News, News teaser

    Russia Will Develop ‘Only Freely Tradeable’ National Cryptocurrency

    Russia has confirmed it is developing its own bank-backed cryptocurrency amid mixed reports about its future status. Central Bank VP: Cryptocurrency ‘Is The Future’ Various sources report that Central Bank senior vice-president Olga Skorobogatova, who was speaking at the St. Petersburg International Economic Forum 2017, confirmed lawmakers’ next move as part of Russia’s increasingly hands-on approach to cryptocurrency. “Regulators of all countries agree that it’s time to develop national cryptocurrencies, this is the future,” local news agency

    · June 2, 2017 · 2:30 pm
  • National Press releases

    The Relevance of National Altcoins in a Bitcoin Dominated World

    The digital currency revolution has spread across the world. The ease of creation, distribution, and transaction associated with cryptocurrencies has made it easier for communities to have their own cryptocurrencies. These cryptocurrencies are referred to as “national cryptocurrencies” or “local cryptocurrencies”. [Note: This is a press release] The Dawn of National Cryptocurrencies The concept of regional/local currency dates back to pre-Bitcoin times. However, the blockchain adoption of such a concept is relatively new. The national

    · February 3, 2017 · 9:11 am