The main thing over the weekend: Facebook's own currency, investment in the stars and LG block services

in #currency6 years ago

The world in digital currency


** If you can not keep up with the crypto industry news on the weekend of May 12-13, then the following information is specific to you. The editorial portal of RusCryptoNews garnered the most relevant and interesting: banning Zimbabwe's authority, special economic zone in the Philippines, Facebook's crypto currency, and much more. **

*Zimbabwe's Central Bank has banned all state financial institutions from trading in digital currencies. According to ** CryptoFeed *, there are only 60 days to meet the requirements of banks and exchange services.

Such authority measures are explained by the protection of the population, as well as by the need to ensure the integrity and reliability of the financial system. At the same time the state governor John Mangqut warned his citizens involved in kriptosdelkami that the operation did not find support from the Reserve Bank, or other controller.

** Zimbabwean authorities banned cryptographic work **

Zimbabwe's ** Central Bank ** has banned all state financial institutions from trading in digital currencies. According to CryptoFeed, there are only 60 days to meet the requirements of banks and exchange services.

Such authority measures are explained by the protection of the population, as well as by the need to ensure the integrity and reliability of the financial system. At the same time the state governor John Mangqut warned his citizens involved in kriptosdelkami that the operation did not find support from the Reserve Bank, or other controller.

** The Philippines will create a special economic zone **

The head of the local branch of Union Bank Edwin Bautista believes that this country has every chance to become a leader in the field of cryptography. This will contribute to the launch of the world's first blockade platform for the XLOG shipping industry, whose main task is to process documentation of shipments by sea, ** INNOV.RU writes. **

This platform makes logistics areas more transparent and allows you to monitor the movement of goods through shipping companies. In addition to recruiting staff from Filipinos. This state has become interested in large corporate block companies: for example, Binance and Bitflip want to train local specialists.

Authorities believe that over time, special economic zones for detachment development can appear on the islands. The region is interested in companies from Korea, Japan, Malaysia and Hong Kong. Also this year is planned to legalize the operation of ten crypto exchange platforms.

** Facebook's own currency **

Societe Facebook, whose previous leadership has negative comments about crypto currency, will release its own digital coin. I learned about this channel ** Cheddar, ** a source that shows that the company has assembled teams from more than ten people to learn blockcheyn technology.

The department head, who will handle including in the mines, becomes David Marcus - before that, he's responsible for the Messenger app. The advent of the Facebook crypto currency will allow companies to make electronic payments, sources consider.

** Star NFL is invested in crypto currency on the advice of an astrologer **

Not all investors use their own financial advisor or intuition. Some are guided by the positions of the planets and the boards of celestial bodies. So, for example, performing NFL star Ricky Williams - he turned to astrologers to compose a personal financial horoscope reporting Cryptocurrency.

The stars advise Williams to invest in bitcoin, and over the new moon - this time considered the best for a new start. Despite the fact that horoscope and astrological predictions can hardly be considered experts, soccer players intend to continue listening to their suggestions. By the way, in the first stage he invested $ 50 thousand in the currency crypto.

Note that one of the RusCryptoNews sources about a year ago changed for the same advice to the astrologer. However, something in the starry sky is wrong and the investor loses $ 250.

** Australia will restrict cash for "digital society" **

*The Australian Government wants to accelerate the transition to "digital society" and make life difficult for representatives of the gray "economic" sector. So, starting July 1, 2019, every cash transaction worth more than 10 thousand Australian dollars (about $ 7,500) goes into the illegal category, ** writes the hashtelegraph.com portal *.

In this country the highest taxes on tobacco are set, and the average cost of a pack of cigarettes is $ 40 AU ($ 30 US). In this case, the number of smugglers and those who want to get out of the tax increases. After the introduction of new rules, local governments expect to receive an additional $ 3 billion.

However, some economists are skeptical about the innovation. According to them, the law will not last long about $ 10 AU and eventually the bar will go down.

** Almost half of South Africa will invest in the basement **

South Africans are increasingly interested in digital asset investment and trading: judging from MyBroadband 2018 poll, which refers to JOURTIFY publications, 25% of respondents have invested in crypto currency.

At the same time, about 15% plan to transfer their funds to mining and virtual currency, and the other 7% are ready to invest in coin extraction. However, several other African countries are wary of the crypto industry, ignoring the fact that coins are increasingly contributing to liquidity growth and smoothing foreign currency shortages for international transactions.

** LG has launched a blocking service **

LG CNS, daughter of South Korean company LG, launched its own blocking service. According to Yonhap Sunday news agency, the Monachain platform was created to work in finance, production and communications.

Important functions Monachain is a digital authentication system, digital coin and logistics management system. In addition, this platform allows the use of decentralized identifiers (DID) for personal identification and online payments via smart devices.


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