The second largest transaction in the world, the crypto-exchange OKEx in Hong Kong, announced plans to open an office in Malta. “We are confident in the state support of Malta and therefore decided to make this region the basis for its further growth,” the OKEx official statement said. The company,…
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Great Britain has long been a “classic offshore” with low tax rates and excellent conditions for doing business: a developed banking system, the existence of large stock exchanges and so on. The UK is good for setting up a holding company, but the release of tokens in the course of…
China is still at the stage of developing the state digital currency, the head of the state research center of China told reporters. According to Zhang Yifeng, head of China Banknote Blockchain Research Center, China is still working on the creation of a national digital currency, but the timing of…
Many central banks for decades can not develop a predictable monetary policy, and this uncertainty is quite expensive for the economy. Lets try to solve that problem with Blockchain. Soon after Ronald Reagan became president of the United States, former Fed chairman Arthur Burns visited the current chairman Paul Volcker.…
China’s central bank has said cryptocurrencies will be one of its top priorities this year, in an effort to protect the national currency. According to an announcement Thursday, People’s Bank of China (PBoC) has outlined its agenda for the coming year during a conference call focused on monetary development. While…
Jed McCaleb, co-founder of Ripple (XRP) and Stellar (XLM), as well as the creator of the infamous crypto-exchange Mt. Gox, said that the cryptocurrency and its core technology (block) should remain decentralized in order to succeed in the future. In an interview with Fast Money from CNBC, McCaleb said that…
The head of the Chinese Central bank, Gan said that the cryptocurrency is money that has no borders. According to the official, the cryptocurrency is adrenaline for crypto investors. Digital assets are of great interest to Chinese society, as it gives full freedom to enter the financial market. Also,…
New York State Assembly legislator Ron Kim (D-40) has unveiled a bill that intends to protect cryptocurrency investors and ease the bureaucratic burden on crypto-related businesses. It’s the first comprehensive cryptocurrency bill in New York to make it past studies and commissions and into the hands of the legislative branch.…
Blockchain technology’s immense potential, while well-documented, continues to get lost in the hype surrounding the increasing value of cryptocurrencies and the oft-astronomical raises of initial coin offerings (ICOs). Though it has ushered in one the most disruptive technologies in decades, the distributed ledger movement remains in its infancy stage, relative…
The Cabinet of Thailand, the executive branch of the country’s government, has provisionally passed two royal decree drafts aimed at regulating cryptocurrencies, a report states. The drafts – covering both cryptocurrency and initial coin offering transactions, as well as a possible tax on crypto capital gains – first received agreement from…