Cryptocurrencies are known for their volatility, while developing countries have infamously unstable economies. But when the former is combined with the latter, it surprisingly leads to both stability and economic growth. Among the reasons for the popularity of cryptocurrencies in developing countries is the chance they give to raise your standard of living (and maybe…
The Trescon World Blockchain Summit concluded in Dubai to discuss blockchain and cryptocurrency. The conference was composed of a set of prominent speakers from the crypto sector. Annabelle Huang, Partner at Amber Group, expressed some insights about what they do at the leading global crypto service provider Amber Group. “I started in crypto in the…
Crypto experts have debated regulations and ways for mass adoption of crypto at the World Blockchain Summit in Dubai. If they are right, the system they’re developing threatens to disrupt the traditional, centralized monetary system, which beyond payments is used to generate government revenue via taxes. “Regulation allows us to grow the space, and it’s…
Valve has issued an update to Steam‘s rules that forbids blockchain-based games, which allow NFT and crypto trading. The developer says Valve is removing blockchain games ‘because NFTs have value.’ Studio SpacePirate Games said Thursday on Twitter that Valve would remove all blockchain games from the Steam platform. A screenshot of Steam’s developer rules and…
Breaking crypto news from the last week (Oct. 9 – 15, 2021): 09 Oct.: The Biden administration is reportedly planning a wide range of crypto oversight and might issue an executive order for the agencies regarding it. The Executive order might be aiming to combat the growing threat of ransomware attacks like the Colonial Pipeline…
Cryptocurrencies are known for their volatility, while developing countries have infamously unstable economies. But when the former is combined with the latter, it surprisingly leads to both stability and economic growth. People in the EU or North America, citizens of countries that set the global agenda, for the most part, still look at cryptocurrencies with…