French Finance Minister Bruno Le Mayor proposed creating an EU digital currency. He stated this at an informal meeting of EU ministers of economy and finance in Helsinki, TASS reports. According to Le Mer, European countries should explore the best ways to reduce the cost of international transactions and increase their speed both within the EU and beyond. “I introduced […]
Economy
During the live broadcast of Dialogue, Russian Prime Minister Dmitry Medvedev spoke about the regulation of the digital economy, blockchain and the protection of personal data of Internet users. According to the head of government, regulation of the digital industry should be carried out through a set of regulatory acts, and not through a single law, and market participants themselves should determine the standards. “The industry is developing faster than regulatory regulation,” – […]
The inverse correlation of Bitcoin and RMB increases over time. This may indicate that the Chinese are increasingly considering BTC as a protective asset, according to Bloomberg. Reverse interdependence peaked at the end of August: According to Garrick Haileman, researcher at the London School of Economics and the head of the research department at Blockchain.com, this trend became more pronounced back in […]
The developers of the New Jersey-based startup Offchain Labs announced the release of an alpha version of the Arbitrum protocol, which, they said, is capable of processing more than 500 transactions per second. This is written by CryptoBriefing. Arbitrum hits over 500 TPS * for each contract *. And it can support thousands of contracts at the same time. https://t.co/VT2Idfoncd https://t.co/uTtpRiVIme – Offchain Labs (@OffchainLabs) September 5, […]
The creator of Ethereum Vitalik Buterin is confident in the prospects of launching the zero phase of the transition of the Ethereum ecosystem to stage 2.0 and said that this will happen next year. He talked about this, as well as about his doubts about the community’s acceptance of the transition to the Proof-of-Stake consensus mechanism in the 80,000 hours podcast. We spoke to @VitalikButerin, child prodigy and creator of […]
The Ministry of Economy of Kyrgyzstan submitted for public discussion amendments to the Tax Code governing the taxation of cryptocurrency mining. The corresponding bill was published on the official website of the government. In particular, it is proposed to establish a tax in the amount of 15% of the volume of electricity costs in the extraction of cryptocurrencies. According to the document, taxpayers are local and foreign organizations operating through a permanent establishment in Kyrgyzstan, and […]
On the night of Wednesday to Thursday, five men brought the dead body of 35-year-old Abdul Shakur to a private hospital in Dehradun, India. He turned out to be the organizer of the cryptocurrency pyramid, the damage from the activities of which is estimated at 4.5 billion Indian rupees, reports Times Of India. So, already on Friday the police managed to arrest the suspects, who spoke about how the torture led to death […]
Only a part of the population of the Russian Federation is positive about the development of modern technologies. Moreover, 60% of the total number consider themselves poorly informed on this topic. Such results were shown by a survey conducted by the NAFI analytical center in conjunction with the Digital Economy organization. So, 44% of respondents rarely pay attention to news from the world of high technologies, and every fifth – 21% – absolutely […]
Along with gold, investors are actively buying bitcoin against the backdrop of a tougher trade war between the US and China. It is reported by Business Insider, referring to the data platform eToro. Over the past four months, amid the escalation of protectionism, the number of transactions with Bitcoin on the eToro platform has grown by 284%. Over the same period, the number of transactions with gold increased by 73%. Synchronous […]
Bank of England Governor Mark Carney said it would be appropriate to create, by analogy with Libra, a digital means of payment that could replace the US dollar as a global reserve currency. It is reported by Bloomberg. Addressing the Fed during a speech at the annual symposium of financial leaders in Jackson Hole, Carney said: “The combination of increased economic uncertainty, clear protectionism and fears, which in the future […]