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0 CommentsBlockchain technology is tipping the scales of the music industry, shifting the power from intermediaries back to artists, writes António Madeira on Cointelegraph. Blockchain technology has the power to increase financial inclusion and change the lives of many throughout the world, especially in emerging economies where it’s needed the most. While the potential of blockchain…
Today, there is again a lot of talk about CBDC, but everyone seems to be waiting and watching for what the US is going to do: Will it create a digital dollar on the blockchain, implement some other solution, or stick to a conservative policy? The States themselves would probably very much like to leave…
Israel said Thursday it is starting to seize cryptocurrency accounts used by the Palestinian Hamas group to raise funds for its armed wing using Bitcoin and other cryptocurrencies. Benny Gantz, Israeli Defense Minister, ordered security forces to seize the accounts after a joint operation “uncovered a web of electronic wallets” used by Hamas to raise…
As local news reported, the Vietnamese Prime Minister Phạm Minh Chính has ordered the State Bank of Vietnam to study the feasibility and test the operationality of a pilot for a digital currency (CBDC). Unlike other countries, Vietnam is looking to test a digital currency built on blockchain technology, not a centralized protocol. According to…
Iran’s leadership now seems to have again decided to use cryptocurrencies to stabilize the country’s financial system. The first attempt was made in early 2019, but was unsuccessful. The Iranian parliamentary committee on economics has developed legislation titled “Supporting Cryptocurrency Mining and Regulation of Domestic Cryptocurrency Trade”. When it is adopted, the Central Bank of…
Central bank digital currencies (CBDC) are a promising tool that will enable people to make payments quickly, inexpensively and without intermediaries. That is precisely why now the central banks of the world’s leading countries are conducting research and development, making plans to create their own digital currencies. However, the process doesn’t look particularly fast-rolling yet:…
