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Month: August 2019

Crypto Going Mainstream In Finland

Crypto in Finland is going mainstream with fresh set of regulations and  government agencies constantly updating the guidelines. It is not hard to see why government want to regulate crypto currencies even though main aim is to  protect citizens, but also by bringing in to mainstream it can monitor and control what’s going on in the industry….

Why is the Swedish Krona (SEK) losing value?

Countries with stable governments and strong economies should enjoy capital inflows and strengthening currency. With Sweden, this has not been the case. This text examines and questions the situation of falling Swedish currency SEK, the Krona. One of the reasons…

What is the difference between traditional currencies and so-called cryptocurrencies?

This text tries to clarify how emerging cryptocurrencies differ from old money, such as Dollars & Euros. Traditional currencies exist both in digital and “physical” format, whereas Cryptocurrencies (such as Bitcoin, Etherum, Ripple) exist only digitally as code. While few…

Bank of England Governor: Virtual currency like libra could ease dependence on the US Dollar

Bank of England Governor Mark Carney proposed a transformation of the global financial system by replacing the US dollar with a Facebook like Libra digital currency. Before leaving office in 2 months Carney said the U.S. dollar as the world’s…

US Secretary of state: Crypto should be regulated like other financial institutions

We should use the same framework what we used to regulate all other electronic financial transactions. That’s essential what these are, these are monies moving through markets or in some cases disintermediate transaction. But we should regulate in the same…

New Zealand salaries and wages in crypto

Binding rules approving salaries and wages paid in cryptocurrency were published by the Inland Revenue Department of New Zealand. The move might serve as a template for other country regulators. According to New Zealand inland revenue department. The arrangement is…

Blockchain: Energy & Environment challenges

The technology of blockchain faces both technical and legislative obstacles. Building new blocks for the blockchain has an adverse environmental impact. Every time a new block is created or a transaction verified, the mining process consumes large amounts of electricity…

Is Blockchain technology safe enough from scammers!

In reality you should be a master miner in order to be able to tamper with the blockchain. If someone were to attempt to rewrite history, the scammer would have to learn how to fix a very hard mathematical puzzle…

IBM launches Trust Your Supplier blockchain network

IBM has launched a new supply chain project called Trust Your Supplier (TYS) together with Chainyard, with several big corporate names already signed up, as Vodafone and Nokia, brewer InBev, tech firms Cisco and Lenovo and drugmaker GlaxoSmithKline. Blockchain has…