In this week’s news from the Spanish-speaking world, a Venezuelan official claims that all currencies will be replaced by cryptocurrencies, the Argentinian chief of the Banking Association criticizes fintech and… Continue reading "Crypto News From the Spanish-Speaking World: Nov. 10–16 in Review"
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.
Democratic 2020 presidential candidate Andrew Yang has outlined how he plans to regulate the cryptocurrency industry. Promise to promote legislation on cryptocurrencies On Nov. 14, Yang, an entrepreneur, lawyer, philanthropist… Continue reading "Presidential Hopeful Andrew Yang Plans to Regulate Crypto Industry"
Bitcoin Cash (BCH) miners appear to have wasted money mining 14 blocks on the wrong chain after the altcoin underwent a hard fork. According to data from monitoring resource Fork… Continue reading "Bitcoin Cash Hard Fork Sees Miners ‘Waste’ Money on 14 Invalid Blocks"
Stablecoins could “complement” other payment systems and improve conditions for consumers, but need constant checks, says the United States Federal Reserve. In its November 2019 Financial Stability Report released on… Continue reading "Stablecoins ‘Pose Risk to Financial Stability’ Warns Federal Reserve"