Linux Foundation Launches Training Course for Hyperledger Fabric Blockchain Technology

blockchain coursesblockchain courses

The Linux Foundation is a non-profit organization which, according to its website, “supports the creation of sustainable open source ecosystems by providing financial and intellectual resources, infrastructure, services, events, and training.”  The organization aims to provide an array of blockchain courses, catering to a job demand.

Blockchain Courses

The Linux Foundation offers blockchain focused education services including the ‘Blockchain for Business’ course. It saw over 100,000 students take its free introductory ‘Hyperledger’ course last year, and now it is eager to add to its blockchain courses.

The organization has developed and, as of yesterday, opened enrollment for its new advanced training course in ‘Hyperledger Fabric blockchain technology.’

According to Linux’s Clyde Seepersad:

“After seeing more than 100,000 students take our free introductory Hyperledger course, we knew it was time for more advanced training options, and certification exams to demonstrate the extent of professionals’ knowledge.”

Blockchain Engineers are in Demand

The course aims to develop the next wave of certified blockchain engineers ready to work in a field that is “the second-fastest growing in today’s labor market.”

Clyde expressed that because this industry is growing so fast, there is “a shortage of professionals who are qualified to implement and manage [the technology] on an enterprise scale.”

The new advanced course will allow students to learn the fundamentals of blockchain and distributed ledger technologies. This is in tandem with “the core architecture and components” that are imperative to decentralized Hyperledger Fabric applications.

>> You Would Never Guess These Celebrities Are Into Crypto

Jobs Everywhere

The blockchain industry is booming so it is no surprise to see a demand for engineers. We have heard of countless countries implementing the technology on a broader scale and willing major corporations to use it.

Large universities are also offering blockchain courses and crypto-currency related courses to try to prepare for an industry that will no doubt need an extensive work-force.

If you were unsure of a career path for yourself, blockchain technology may just be a smart move.

Featured Image: Deposit Photos/AndrewLozovyi

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Canadian Government Body Builds Ethereum Blockchain Explorer

Ethereum Blockchain ExplorerEthereum Blockchain Explorer

A Canadian body called The National Research Council of Canada (NRC) announced on Monday, August 20th, that it has built an Ethereum blockchain explorer. The NRC manages a Canadian-government-funded research program named the Industrial Research Assistance Program (IRAP) and it is this program which is hosting its own Ethereum blockchain explorer.

Ethereum Blockchain Explorer

IRAP has implemented the blockchain-based app on InterPlanetary File System (IPFS), a protocol that enables peer-to-peer storing and sharing of data on a distributed ledger. In this case, the explorer will allow users to search the Ethereum blockchain for government contracts such as grants, applications, and contribution data.

And according to the release, the IPFS blockchain browser has been implemented through services provided by blockchain startup Bitaccess.

NRC said that by using IPFS, it ensures web applications are “unalterable and can be accessed far into the future.”

More Transparency

The goal of the project is to build a more transparent administration of government contracts and, overall, to use the technology to help administer funding to Canada’s small and medium-sized businesses for innovative projects.

The “first live trial” of public blockchain technology using the Ethereum blockchain was actually launched by NRC back in January, and since that launch, the program has been actively exploring additional ways to incorporate blockchain technology to new and existing applications.

>> Why are Major Crypto Exchange Firms Optimistic Towards Ethereum Coin?

Early Days

The NRC continued:

“These are early days, but NRC IRAP’s experiments with blockchain are expected to provide constructive insight into the potential for this technology and how it may be used for more open and transparent operations for public programs.”

The IPFS

The IPFS came to international attention when its aim of storing multiple copies of data in a more “permanent web” was worrisome for many who felt at the time that the US’s new administration would manipulate and/or make data from government agencies disappear.

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Stellar (XLM) Embraced by Visa-Backed Blockchain Company

Stellar (XLM)Stellar (XLM)

The Stellar Foundation is a non-profit blockchain project that built the Stellar network. The Stellar ecosystem holds the digital token Stellar (XLM), or Stellar lumens.

The for-profit subsidiary of the Stellar Foundation, Lightyear, purchased Chain for around $40 million. As part of the all-cash deal, all of Chain’s existing investors, such as Citi Ventures, Visa, and Nasdaq will all receive a return on their initial investment, Chain’s co-founder, Adam Ludwin, told Forbes.

“All of the clients that we have now have effectively shifted from using a traditional database model to using a tokens model, issuing assets on a local environment,” said Ludwin, who is CEO of the newly formed Interstellar. “By partnering with Stellar you can fire an asset to another institution.”

Interstellar

Lightyear and Chain will both be retired, and Interstellar will employ 60 individuals. Interstellar will headquarter in both San Francisco and New York City. Ludwin will be taking over as CEO of Interstellar and Stellar’s founder, Jed McCaleb, will become CTO of Interstellar.

Ludwin told Forbes that StellarX, the trading service created on the Stellar blockchain, will also move under the Interstellar umbrella. StellarX is anticipated to launch in just a few weeks.

StellarX states that it is a free, fast, and user-friendly peer-to-peer marketplace. Its website claims that it will hold every asset class imaginable such as cryptocurrencies, bonds, fiat, and commodities. StellarX is currently taking email addresses and will email individuals when the product is made available to the public.

Visa, Nasdaq, and Citi

Last year, Visa announced that it launched the first phase of its B2B payment network that was powered by Chain. Nasdaq and Citi also announced last year separate joint projects that focused on cross-border payments using Chain.

>> Vitalik Buterin Told Bloomberg that Crypto Won’t See “1,000-Times Growth” Again

The reason for the acquisition Ludwin said was because Chain was unable to bring new customers together without a public network. The company thought about making its own public blockchain but then ultimately turned to Stellar. Ludwin said that Chain and Stellar have equal but opposite problems and this merger can solve them both together.

Stellar (XLM)

Stellar (XLM) is currently selling for $0.189410, which puts the coin down 3.76% in the past 24 hours.

Featured Image: Depositphotos/© ayo888

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Vitalik Buterin Told Bloomberg that Crypto Won’t See “1,000-Times Growth” Again

Vitalik ButerinVitalik Buterin

Ethereum’s co-founder Vitalik Buterin just recently had an interview with Bloomberg and stated that crypto has neared its “ceiling.” Buterin feels that the days of explosive crypto growth have likely come and gone.

Blockchain Ceiling in Sight

“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin told Bloomberg. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”

Vitalik Buterin feels that now any average person paying attention to the news knows about blockchain and cryptocurrency. Because of this, another 1,000-times growth in the industry is unlikely.

Last year, blockchain and crypto hit mainstream news in the latter half of 2017, and the crypto market exploded, resulting in an extreme crypto growth. It wasn’t just cryptocurrencies that were exploding either. Public companies started jumping on the blockchain-craze and began adding blockchain to their name and company focus.

Those that announced they’d added blockchain saw their shares jump as much as 100% in a day, if not more. Simultaneously, cryptocurrencies were seeing 100% percent growth a day.

The cryptocurrency market began correcting after Bitcoin hit nearly $20,000 a coin in December 2017 and has yet to rebound anywhere near that amount again.

Next Steps

Vitalik Buterin told Bloomberg that the next steps are to get those already interested in cryptocurrencies to become involved in a more in-depth manner. The co-founder believes that the goal is to get those that are still on the fence and haven’t taken the plunge to start buying and using cryptocurrencies, as well as using technology built on the blockchain.

“Go from just people being interested to real applications of real economic activity,” Buterin said.

Buterin isn’t interested in institutional investors trading cryptocurrencies. In fact, the co-founder would much rather institutional investments be put on hold for a few years. Instead, Buterin wants crypto growth and development to come from the actual applications and blockchain projects themselves.

>> Winklevoss Twins Launch World’s First Regulated Stablecoin: Read All About It

Buterin concluded the interview by saying, “Ultimately if all that cryptocurrency is, is this thing that millionaires keep buying and selling to each other, then what have we really accomplished?”

Do you think this is true? Will crypto spike again like it did last year?

Leave your thoughts in the comment box below.

Featured Image: flickr

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The US SEC Ceases Trading on Two Exchange-Traded Notes

Exchange-traded notesExchange-traded notes

The cryptomarket is fumbling at the moment. The reason could be the US Securities and Exchange Commission’s (SEC) decision to cease trading on two exchange-traded notes or ETN’s.

The regulator has ceased XBT Provider’s trading of Bitcoin and Ether Tracker One securities but why?

SEC Ceases Trading on Two Exchange-Traded Notes

The SEC issued a notice that the two exchange-traded notes would stop trading until September 20th.  The two affected notes are Bitcoin Tracker One, which trades under the code CXBTF, and Ether Tracker One, which trades under the code CETHF.

The reason given for ceasing the trade was “confusion” over the securities.

The SEC statement regarding the notes says the following:

“The Commission is temporarily suspended trading in the securities CXBTF and CETHF because of confusion amongst market participants regarding these instruments […] The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company.”

XBT Provider

XBT Provider operated the two ETN’s, starting in 2015 with the Bitcoin Tracker One. It became the first Bitcoin-based ETN available on a regulated exchange and debuted on Sweden’s NASDAQ.

Ether Tracker One was then released in October 2017 and equally, it was the first Ethereum-based ETN available on a regulated exchange.

>> Robinhood Wants to Go Public—Trading Platform will Launch an IPO

Since those releases, XBT Provider has added Bitcoin and Ether Tracker Euro options.

SEC Warnings

The SEC is warning brokers over strict compliance requirements in enforcing its latest temporary ban:

“If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action,”

The SEC has been rejecting a mass of ETF applications of late, citing regulatory concerns. This move signals another defiance stance from the Commissioning body.

Featured Image: Deposit Photos/avemario

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Crypto Daily News: Nearly 75% of Americans Know What Bitcoin is Now; Twitter Considering Blockchain

Crypto daily newsCrypto daily news

In today’s edition of crypto daily news, we’ll look at a new survey that shows that 80% of Americans have heard of Bitcoin, as well as at the details of Twitter looking in blockchain technology.

Crypto Daily News: September 6th, 2018

Survey Shows 80% of Americans Know about Bitcoin

Published today by the polling firm YouGov, a new poll shows that just under 50 percent of millennials in the US are interested in using digital currencies as a primary form of payment. This would be opposed to using the US Dollar.

The company released its latest poll that asked 1,202 Americans about their interest and familiarity with crypto. According to the data, 71 percent of individuals said they have heard of Bitcoin, and 79 percent said they have heard of at least one form of cryptocurrency. 13 percent of the individuals in the study say they’ve never heard of either.

The release said:

“Although relatively few people have any immediate plans to buy Bitcoin, more than one-third (36 percent) of people think that cryptocurrencies will become widely accepted as a means of transaction for legal purchases within the next 10 years. Millennials (44 percent) are the most likely of any age group to say cryptocurrency will be widely accepted. About one-third (34 percent) of Gen X’ers and 29 percent of baby boomers agreed.”

Twitter and Blockchain

Jack Dorsey, CEO of Twitter, testified before a Congressional committee yesterday and stated that his company is currently exploring blockchain technology for potential application to its platform.

Dorsey had to answer questions about Twitter’s transparency and accountability at the US House Committee on Energy and Commerce.

The Twitter CEO told the committee:

“Blockchain is one that I think has a lot of untapped potential, specifically around distributed trust and distributed enforcement potentially […] We haven’t gone as deep as we’d like just yet in understanding how we might apply this technology to the problems we’re facing at Twitter, but we do have people within the company thinking about it today.”

>> What to Look for in a Crypto Trading Platform

Following his two meetings at Capitol Hill yesterday, Dorsey responded with a long Twitter thread:

You can view the whole thread if you clink the tweet above. It seems Twitter’s CEO is taking the Twitter scams seriously and is looking into the implementation of blockchain into Twitter to help solve this issue. While many scam accounts have been removed, many still remain and continue to be a nuisance to the crypto community.

Check back in for more Crypto Daily News.

Featured Image: Depositphotos/© aa-w

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Coinbase Rolling Out Four GBP Crypto Trading Pairs Tomorrow: You Ready?

GBP crypto trading pairsGBP crypto trading pairs

From releasing more Coinbase exchange pairs to expanding its services to the United Kingdom, Coinbase has been busy this year. And to top it off, today, we’ve seen an integration of these two things. Today, we’ve been introduced to four GBP crypto trading pairs.

Coinbase Rolling out GBP Crypto Trading Pairs

It’s happening fast. One minute we find out about it, the next we’re witnessing the launch.

Earlier today, Coinbase disclosed a new order book trading pairs for GBP, which will be available to UK-based crypto traders. In the announcement, David Framer noted that Coinbase will start offering trading services for British pounds against the following cryptocurrencies:

  • Bitcoin Cash (BCH)
  • Litecoin (LTC)
  • Ethereum Classic (ETC)
  • Ethereum (ETH)

Now, this is huge news. For starters, Coinbase has been working on its relationship with the UK since about March, when it secured an e-money license from the UK, thus allowing it to expand its services there.

But here’s the doozy, and perhaps why crypto traders (particularly those in the UK) are experiencing double the excitement: the four GBP crypto trading pairs will roll out tomorrow.

Tomorrow, Tomorrow

According to David Framer’s blog post, Coinbase will roll out the new GBP crypto trading pairs on Friday, September 7th.

If you’re a UK crypto trader, don’t get too excited. There are a few things you need to know. First, each pair will begin by going through a post-only phase. Then there will be a limit-only phase. Once those phases are complete, full trading services (like stop orders) will be made available.

Cryptocurrencies the Day Before the Launch

Speaking of cryptocurrencies, how are coins like Litecoin and Ethereum Classic doing today? Well, they are both down. As are Ethereum and Bitcoin Cash.

>> Crypto Crash: Is the Current Market Correction Worse than 2014 and 2016?

But tomorrow is a different day, and with the new GBP crypto trading pairs, we may see some green on the crypto market tomorrow. What do you think?

Featured Image: Depositphotos/© sharafmaksumov

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Crypto Crash: Is the Current Market Correction Worse than 2014 and 2016?

Crypto CrashCrypto Crash

The total cryptocurrency market is currently in the middle of a correction that is causing major panic across the community but is also majorly upsetting the long-time crypto enthusiasts. Is this the worst crypto crash we’ve experienced?

Crypto Crash

The crypto crash started back on the first week of January 2018 and has been dropping ever since. Today, the total crypto market hit a year-low at around $200 billion. The last time the market was at this price point was back in early November 2017.

Source: CoinMarketCap

There have been some bearish corrections in February, April, and May, but the majority of the market’s movement this year has been downward. Overall, the cryptocurrency market has lost over $600 billion in value.

Correction Opposition

A cryptocurrency investor and analyst had something to say about the downtrodden cryptocurrency market and its comparison to previous bear markets.

Another individual, by the name of Gregor Zupanc, responded with a graph from previous years.

Zupanc also provided more data to back Joseph’s stance.

Others on the social platform chimed in on the discussion, saying:

While this correction is MUCH more money, the figures from the graph show the actual percentages of losses. This downward movement could continue and could be the worst correction in crypto history. We shall see.

What’s to Blame for the Crypto Crash?

Cryptocurrency hit mainstream media back in mid-2017, and many uneducated individuals put their hands in the market. Most who entered the market in late-2017 had zero investing experience and hadn’t seen a market correction before.

>> Linux Foundation Launches Training Course for Hyperledger Fabric Blockchain Technology

When cryptocurrencies started to correct in January, panic selling spread like wildfire, and the market dropped over $500 billion in a month. Bitcoin whales also pre-planned selling their cryptocurrency, as they got in early in the game and made insane amounts of money at the time.

Simultaneously, governments were trying to gain control of the crypto market within their own countries and regulations were put in place in nearly all major countries—losing the confidence of new investors.

When will the crypto bloodbath of 2018 end? Hopefully soon.

Featured Image: Depositphotos/© Intel.nl

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Goldman Sachs Confirms that It is NOT Focusing on a Cryptocurrency Trading Desk


Goldman Sachs (NYSE:GS) has finally clarified that a cryptocurrency trading desk is not in its plans for the foreseeable future.

Some investors must feel downtrodden about this news. Let’s find out what’s going on.

Cryptocurrency Trading Desk? The Goldman Sachs Rumor Mill

The rumor mill has been churning for some months now; it was believed that Goldman Sachs had been making significant progress toward establishing a direct crypto trading desk.

But what started this game of crypto telephone?

Well, catalysts for the rumor go back to 2017 and began when the bank hired seasoned crypto trader Justin Schmidt. The new hire drew speculation that Goldman Sachs was looking to develop a space in the cryptocurrency field. Whispers began.

Goldman Sachs unintentionally fanned the flames further. A spokesperson announced it was working to meet the demands of their clients who “have expressed an interest in cryptocurrencies.” 

Further comments emerged from the mouths of crypto influencers and eventually it was purported that a Goldman Sachs cryptocurrency trading desk was on the horizon.

>> Iran Crypto: The Iranian Government Finally Recognizes Cryptocurrency

Rumors Abound

However, by January 2018, Goldman Sachs disputed the rumor by clarifying that it was simply clearing futures in Bitcoin for some of their futures clients. The bank’s chief executive Lloyd Blankfein detailed this in an interview with CNBC, distancing the bank from any principal Bitcoin business.

And today with a recent report on Business Insider, the rumors are laid to rest.

Business Insider

According to the report, the issue lies with the uncertainty of regulation surrounding cryptos. It remains to be a key factor that is keeping Goldman Sachs from involvement with the market. This is also the reason given by the SEC for denying several applications for a Bitcoin ETF.

But the company is not turning a blind eye completely. It is focusing on a custody product for crypto. A service which aims to provide a comfortable platform for large institutional clients who want to enter the cryptocurrency market.

We are hoping to hear more on this in the weeks coming.

Featured Image: ForexNewsNow.com

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Iran Crypto: The Iranian Government Finally Recognizes Cryptocurrency

Iran CryptoIran Crypto

Iran’s Supreme Cyberspace Council Secretary, Abolhassan Firoozabadi, just revealed that various entities within the country’s government have accepted cryptocurrency mining as an industry. The local news agency IBENA reported the Iran crypto news just this morning.

According to this report, Firoozabadi stressed that the mining of crypto has been approved, but a legal framework for the industry has yet to be properly introduced in the country.

Iran Approves Crypto

“The issue that is of great importance is the commitment and acceptance of the cryptographic currency extraction as an industry by all relevant entities,” Firoozabadi told IBNA.

The secretary believes that cryptographic currencies are one of the important new phenomena of financial technology, given the attention it’s been receiving across powerful countries around the globe. Firoozabadi states that in recent years the Iranian government had decided to make serious decisions in this area and the final stages to determine participants’ policies are right around the corner.

These policies and a framework of the Central Bank of Iran will be announced by the end of the month, the news report reads. However, no definitive decisions have been made yet, and the leaders are working diligently to come to an agreement with the terms.

>> Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) Crash

Iran Crypto Mining

Much of the decisions around cryptocurrency are still up in the air in the country, as well as the regulations for the process of mining cryptocurrencies. Currently, the policies on cryptocurrency mining are on the agenda to be discussed, as well as Iranian cryptocurrency exchange centers.

“The prospect is extracted in the field of extraction, and the National Space Agency is trying to create a platform for legalizing mining (extracting) cryptographic currencies,” Biroozabadi added.

While the details remain unclear for Iran, its steps toward crypto are a positive one—despite the bearish market.

Featured Image: Depositphotos/© PromesaStudio

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padding-right:20px;
}
}
]]>