Cryptocurrency news on Today 5’th of July
Coinbase Now supports ADA staking
Germany will be able to say good things about control over turnover of cryptocurrencies
India’s Crypto Industry Suffers Without Regulation
In the cryptocurrency industry, how always there is a lot Total interesting. for example, largest American cryptocurrency stock exchange Coinbase Adds ADA Staking And Germany To Lead FATF And will be control the turnover of creep currencies. At least in theory, in practice, industry participants believe that digital money are not controlled by anyone, and in this the main essence of decentralization. Ripple criticizes India for lack of regulation, and European Commission invests large sums in blockchain development.
Coinbase Adds ADA Staking
IOHK developing company Cardano Says Coinbase Will Allow ADA Cryptocurrency Holders To Stake Their Coins Through A Custodian Unit Coinbase Custody. As part of the Virtual Summit hosted by Cardano, IOHK announced a partnership that will allow ADA holders to stake their coins in a safe and secure manner through the service for institutional storage. More details
Lack of regulation in India damages cryptocurrency the market – Ripple
Lack of Clarity in Cryptocurrency Regulation in India Causes Irreparable Damage to Innovation, Ripple said. Despite that in March of this of the year Indian Court of Appeal overturned cryptocurrency ban, country remains hostile to cryptocurrency market. This opinion was expressed by Navin Gupta, head of South Asia and EBVA at Ripple. More details
European Commission invested € 1 million to charity for blockchain
It is expected that charities using blockchain technology will enable more effective aid delivery on a global scale. The European Commission has invested € 1 million in a blockchain startup for charity from Oxfam Ireland. About this reports the publication The Irish Times, citing an Oxfam spokesman. More details
Germany will control the turnover of cryptocurrency in the world
Player has already outlined a work plan for his term in the FATF. For example, he stated that the FATF will focus on opportunities, which may offer technology by launching a risk monitoring and opportunity exploration initiative. Compared to China, Germany more friendly to cryptocurrencies. Already since the beginning of this year, the country’s government has begun to regulate the turnover of cryptocurrency within its territory, and 40 German banks stated about the willingness to offer clients cryptocurrency services. More details
Ethereum ecosystem yet may lose its primacy, but only on one condition. Leader in areas deployed smart contracts and blockchain sandbox Ethereum can to lose his popularity only in one case – at the emergence of stablecoins independent of the dollar. This opinion was expressed chapter product of analytical resource Messari Qiao Wang. More details
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