A fantastic-sounding alternative, seemingly out of the Hollywood blockbuster Waterworld, is underway in the South Pacific. An ex-political scientist – who is now a self-proclaimed ”seavangelesse”, meaning she supports living off the grid – recently met with CNBC to discuss a project she is part of, where they intended to construct a floating island in … Continue reading Self-Governing South Pacific Island To Have 300 Homes and Own Cryptocurrency
South Korea might be looking to revise its stance on cryptocurrency to become more crypto friendly. This comes following a decision by lawmakers from the G20 countries to regard cryptocurrency as financial assets. Some are hoping that this decision will lead to a reversal of the increasingly harsh cryptocurrency regulations in South Korea, which have … Continue reading More Cryptocurrency Friendly Regulations in South Korea?
In an exciting announcement for the crypto sphere, the government of Switzerland has formally requested a report into the potential risks and opportunities of launching its own state-backed virtual currency, the e-frank. The request now awaits approval from the lower house of the Swiss parliament. Should it be allowed to move forward, the Swiss Finance … Continue reading Swiss Government is Studying the Risks and Benefits of State-Backed Cryptocurrency
In an odd move, China recently announced that the country would begin ranking cryptocurrencies. However, this seems like idiosyncratic behavior, as China implemented a nation-wide ban on cryptocurrency trading and ICOs during last year. Nonetheless, China has now published ratings for 28 different cryptocurrencies, and the results have some part of the cryptocurrency community bewildered. … Continue reading China Rates Ethereum As The Best Cryptocurrency In The World, Bitcoin Halfway Down The List