Antigua and Barbuda take steps towards becoming crypto-friendly destinations in the Caribbean region.
The definition of a cryptocurrency is a digital currency built with cryptographic protocols that make transactions secure and difficult to fake. The most important feature of a cryptocurrency is that it is not controlled by any central authority: the decentralized nature of blockchain makes cryptocurrency theoretically immune to the old ways of government control and interference. Cryptocurrencies make it easier to conduct any transactions, for transfers are simplified through use of public and private keys for security and privacy purposes. These transfers can be done with minimal processing fees, allowing users to avoid the steep fees charged by traditional financial institutions.
However, the latest news on cryptocurrencies indicates that because cryptocurrencies are devoid of a central repository, a digital cryptocurrency balance can be wiped out by a computer crash, a hack, and other unexpected events.
According to a recent report, Africa’s lack of traditional financial infrastructure makes the region fertile ground for cryptocurrency adoption.1533
The government of South Korean is preparing to legislate crypto taxes by proposing a new amendment to the existing law.1315
Goldman Sachs starkly disagrees with Mike Bloomberg on cryptocurrency as an asset class worthy of investment interest.6007
Let’s take a look at some of the possible use cases for crypto and blockchain in the forthcoming years and decades. Surely though, there is much more to come.5849
Leading Bitcoin fund manager Grayscale Investments explains in its recent report that viewing CBDC as a Bitcoin replacement is incorrect.2600
Indians are flocking to cryptocurrency due to high remittance fees and the difficulty of exchanging rupees to a more stable currency.2253
Major American digital asset financial services firm BitGo is releasing a new full-service trading platform designed for institutional investors.1389
A young start-up says its open-source protocol allows value to easily be transported between distributed ledgers — an alternative to exchanges.977
Digital music store eMusic launched its eMU token to help musicians earn more royalties.4743
The average Bitcoin fee has fallen by nearly 54% over the last five days, but some believe network congestion could push users to altcoins.5521
A new crypto bull run could be on its way as a result of government economic measures and mainstream interest.7699
The Winklevoss twins believe crypto regulation and customer freedom can meet in the middle.7659
Time will tell if the network will cement its dominance.3336
It’s designed to capture attention from high-profile people that others want to hear from.2856