As Venezuela enters the crucial part of a political crisis, we decided to trace the fate of the Petro — the national cryptocurrency that seemingly failed to save country’s economy. Venezuelan leader Nicolas Maduro was sworn in for a second term on Jan. 10, amid tremendous hyperinflation, long-lasting political and economic crisis, and strict sanctions […]
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A Swiss-based ‘smart card’ wallet firm, Tangem, will produce physical banknotes for the Marshallese digital currency. Tangem, a Switzerland-based ‘smart card’ wallet manufacturer will reportedly issue physical banknotes for the Sovereign (SOV), the state digital currency of the Marshall Islands, according to an announcement on Jan. 28. Per the announcement, physical representations of the digital […]
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sponsored A company has signed a memorandum of understanding with a university to create the cryptocurrency model that Bitcoin’s inventor envisaged a decade ago. A crypto company has signed a memorandum of understanding with a university in the United States with the aim of building the cryptocurrency model envisaged by Satoshi Nakamoto when the Bitcoin […]
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Blockchain.com is looking to partner with an undisclosed stablecoin project by the end of 2019, the firm’s CEO reportedly reveals. Crypto wallet provider Blockchain.com is seeking to partner with an unnamed stablecoin project by the end of 2019, the firm’s CEO Peter Smith revealed in an interview with crypto news agency The Block Jan. 21. […]
Continue ReadingThe team behind a Marshall Islands’ state-issued crypto have revealed that they are still committed to the project. A national cryptocurrency for the Marshall Islands is still being actively developed, despite previous disagreements among government officials on the subject, a blog post from the team behind the coin revealed Jan. 10. In the recent post, […]
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ConsenSys has participated in a $2 million seed funding round for Icelandic blockchain startup Monerium, which counts the country’s central bank ex-chairman as a co-founder. Ethereum (ETH) blockchain startup and incubator ConsenSys has participated in a $2 million seed funding round for Iceland-based blockchain startup Monerium, according to a press release from the firm, published […]
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Venezuela has requested consultations with the U.S. government in connection with “discriminatory” sanctions against its national digital currency. Venezuela has taken issue with United States sanctions, including those levied against transactions in the country’s national digital currency, the Petro (PTR), according to a World Trade Organization (WTO) consultation request, published Jan. 8. The request, dubbed […]
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Venezuelan government’s official newspaper has published a decree that allows the authorities to tax operations with cryptocurrency and foreign fiat. Venezuelan government has published a new decree that introduces taxation for operations with cryptocurrency and foreign fiat in its official newspaper Monday, Jan. 7. The decree No. 3,719, published in the Gaceta Oficial edition No. […]
Continue ReadingThe Texas Department of Banking is considering recognizing stablecoins as money under the Texas Money Services Act. The Texas Department of Banking could consider stablecoins as money, making them and exchanges that deal with them subject to a number of Texas laws and license requirements, according to a Supervisory Memorandum published on Jan. 2. Supervisory […]
Continue ReadingAccording to Jameson Lopp, Bitcoin is an experiment that, if successful, could make the transition to an anarcho-capitalist society possible. Jameson Lopp — a crypto industry figure and self-proclaimed professional cypherpunk — described Bitcoin (BTC) as the first step in a broader transition to an anarcho-capitalist society. Lopp’s comments were made in an interview on […]
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