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Viva La Crypto • November 20-21, 2018

 Viva La Crypto is the first and biggest event in Mexico about blockchain technology and cryptocurrencies, more than 40 sponsors…

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Tag: national digital currency

Central Bank of Norway to Develop Digital Currency Following Decline in Cash Usage

Category: Altcoins, Finance, News, Regulation

Central Bank of Norway to Develop Digital Currency Following Decline in Cash Usage

Prompted by the decline in cash usage, Norges Bank, a central financial institution of Norway, is looking forward to developing its own cryptocurrency. As per Norges Bank’s recent report, dubbed the “Central Bank Digital Currency”(CBDC), plans to act as an alternative to fiat currency to “ensure confidence in money and monetary system.” Other central banks are also analyzing the possibility…

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China Provides Worrying Insight into the Potential Future of National “Cryptocurrencies”

Category: Altcoins, Commentary, Finance, News, Tech

China Provides Worrying Insight into the Potential Future of National “Cryptocurrencies”

Sometimes, life truly does imitate art, just like Oscar Wilde opined. In something that is eerily straight out of the hit Netflix show, Black Mirror, China is set to ban citizens with bad social credit scores from airplanes, trains and other forms of public transportation for up to a year. Something of the sort happened in the third season of…

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Growth in Cryptocurrency: Four Reasons Why it Benefits the Global Financial System

Category: Altcoins, Bitcoin, Commentary, Finance, News

Growth in Cryptocurrency: Four Reasons Why it Benefits the Global Financial System

Despite tremendous progress in economic globalization, the global financial system is still very fragmented, with only a few players having an invitation to sit at the table with the big boys. It is evident that blockchain has clear potential to consolidate and, perhaps, even standardize financial markets all over the world. Various private enterprises and regulators have already started the…

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Will a Chinese Sovereign Cryptocurrency Threaten its Banking System and Bitcoin?

Category: Bitcoin, Commentary, News, Regulation, Tech

Will a Chinese Sovereign Cryptocurrency Threaten its Banking System and Bitcoin?

China’s banks have loaded up on debt for years to fuel their expansions. However, China’s indebted banks are now starting to threaten China’s economic growth outlook. A heavily-indebted banking sector was one of the reasons why China has appointed a new head of banking regulations, named Guo Shuqing, who has been introducing a broad range of new regulatory directives to…

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