Cryptocurrency (a virtual token, a digital asset) is an innovative, advanced and distributed accounting system that stores all information about the hold and contract units. The aforementioned hold is closely related to individual system nodes, called wallets, in a way that ensures constant control over a given wallet only to the owner of the corresponding private key. If this holder (network user) expresses a readiness to make any kind of transaction, it takes place entirely electronically - between him and between the interested contractor directly. Every unit of cryptocurrency, without exception, has a unique code containing pieces of information that prevent its copying or unwanted respending. Cryptocurrencies are distinguished by their decentralized character, because they do not have any control body (no superior regulator) that could decide to increase their market supply, with potential decrease in value.
Tokeneo News website publishes the latest news from the cryptocurrency world. The basic technical conditions of virtual tokens, analyzes and statements of industry experts, as well as market curiosities with the division into individual regions of the world, is something that distinguishes us in this market. Asia seems to be a vital continent in the context of digital assets.
It is a continent, where, in relation to cryptocurrencies, there is a lot going on. Do you want to always be up to date with the news from this area? You could not have come to a better place! Thanks to the 'Cryptocurrencies - messages from Asia' category, you will be able to read the most essential and reliable information from Asia not only about Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Monero (XMR), Ripple (XRP) and the rest of the altcoins, but about the revolutionary blockchain technology as well.
Do you know that in China there are more blockchain and cryptocurrency initiatives than in the US? India is constantly developing its legislation on cryptocurrencies. Japan, on the other hand, is a true incubator of innovative ventures with the usage of blockchain technology. All this makes Asia an interesting region for the development of the cryptocurrency market. It is no wonder, then, that by visiting this tab on the Tokeneo News website you can have confidence that you will always be up to date!
BeePool, Ethereum's fourth largest mining pool, closed amid cryptocurrency transfers in China. The China-based Ethereum manufacturing facility announced on Tuesday that it will cease operations "in response to the latest regulatory guidelines.
It's getting worse for crypto in China. A comparison of China's ban on crypto trading on Friday with previous crypto-related bans shows that the latest version is the most severe. Anyone facilitating the trade will be prosecuted, including those who live in China but work for an offshore crypto exchange that provides services to China.
According to Deutsche Bank Research, the digital yuan designed in China could seriously challenge the hegemony of the US dollar. Researchers are also of the opinion that digital payments could ultimately be the reason of the plastic card's death.
The authorities of Dubai have announced that a cryptographic valley in the national Tax-Free Zone (no personal and legal income tax) will be launched. Thanks to the help of Swiss crypto-valley partners, Dubai will be offering different services, including startup incubators, blockchain trainings and coworking facilities.
The Indian Central Bank has confirmed that there is no ban on cryptocurrencies in India. The central bank explained that all it does is separating the entities (like banks) it regulates from the risks associated with trading cryptocurrencies.
As the latest reports show, the digital currency issued by the French central bank will be tested at the beginning of the next year. As a consequence, France is taking the lead in the race to issue the first digital currency of the central bank.
Although six months ago, the China National Development and Reform Commission (NDRC) proposed putting a ban on Bitcoin mining in their country, there are pieces of news today, informing that this body has completely changed its approach and intentions when it comes to this industry.
On October 26, the Chinese Congress passed a cryptography law, which is supposed to come into force on the 1st of January, 2020. What changes in the field of blockchain and cryptocurrency technology can we expect in this country?
Samsung SDS started a partnership with Tech Mahindra and Pega company in order to jointly create a new blockchain-based solution targeted at many different industries. The companies want to combine this technology with the digital process automation. What will come out of it?
The number of supporters of the TradeLens platform is constantly growing. In order to increase their efficiency, organizations associated with transport decide to shift away from traditional forms of documentation in favor of solutions based on blockchain technology.
After Justin Sun announced a delay in a lunch meeting with Buffett, the media began to suspect money laundering and other legal problems that prevent Sun from leaving the country. Yesterday, Sun published a video in which he responds to the allegations.
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