Tag Archives: cryptocurrency

Can Libra Alleviate Poverty in the Developing World?
By admin July 2, 2019

  In late June, Facebook unveiled its plans for a new blockchain-based currency, Libra. Expected to launch in 2020, Facebook claims that its new digital currency has the unique potential to advance financial inclusion and create economic opportunity for billions of people around the world.   So what sets Libra apart from existing cryptocurrencies and

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Stablecoins, are they the next buzzworthy investment?
By admin November 1, 2018

A new form of cryptocurrency is gaining traction among proponents of digital cash: stablecoins. Unlike bitcoin, whose prices have swung from a peak of $19,000 to its current level of around $6,200, this emerging cryptocurrency aims to maintain a stable price at all times. Proponents of stablecoin argue their rise is instrumental for active investors

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Cryptocurrency and Government Policies around the World
By admin October 22, 2018

Today’s government regulators face a rising challenge from the fast-growing cryptocurrency technology, and different countries’ attitudes toward it seem to vary a lot. On October 11, Dubai launched the world’s first government-backed cryptocurrency. A state-backed subsidiary of the Dubai Department of Economic Development launched the digital currency called Emcash, which can be used for making

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China Put’s The Kibosh on Cryptocurrency Funding
By admin September 6, 2017

In the latest chapter of the cryptocurrency rollercoaster, over the weekend China put a dramatic halt on ICO’s (initial coin offerings), decrying it to be “an unauthorized and illegal public funding activity.” The halt essentially prohibits digital token financing and trading platforms from doing conversions of coins with fiat currencies. Reflected by a joint statement

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Regulations on Cryptocurrency
By admin August 1, 2017

Bitcoin and other electronic forms of currency like Ethereum have become the new popular investment. In this past year, the market that is known as initial coin offering (ICO), has been valued at $1.3 billion. These Cryptocurrencies have also garnered a considerable amount of attention of major companies like Microsoft. The popular investment has caught

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