Economy

Auto Added by WPeMatico

Russia Prepares to Test Cryptocurrencies in Four of Its Regions

by

The Russian Federation, which is yet to regulate digital assets, is now planning to allow four of its regions to test innovations that are not covered by its current legislation. A bill drafted by the Economy ministry envisages the establishment of regulatory sandboxes there. The special economic zones will allow companies, entrepreneurs and authorities to … Read more

A Look at the Pet Tech Economy

by

In the last 15 years, annual spending on our pets has more than doubled – pet parents spent over $70 billion in 2017 alone as we look for new and improved ways to care for our pets. As new tech and IoT enters out human lives, pets are starting to get gadgets all their own. … Read more

Bitcoin Friendly Micronation Acknowledged by European Commission President

by

In 2019 the sovereign state of Liberland continues to gather headway by getting recognized by key leaders in the European Union and members of parliament. On Jan. 31, the micronation claiming the parcel of land between Croatia and Serbia was validated by Jean-Claude Juncker, President of the European Commission. Also read: These Video Sharing Sites Pay … Read more

Venezuelan BCH Proponents Bolster Cryptocurrency Use Cases and Adoption

by

In the midst of a severe economic depression and the devaluation of the Venezuelan bolívar, bitcoin cash (BCH) supporters have been teaching people about the benefits of using permissionless cryptocurrencies throughout the country. The BCH meetup in Venezuela has swelled to 349 registered participants and group coordinator Lizbeth Alviarez has recently detailed that dedicated members … Read more

Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It

by

Acknowledging Venezuela’s efforts to deal with inflation and sanctions by creating a state-issued cryptocurrency, Russian officials have nevertheless declined a proposal to use the oil-backed coin in bilateral trade. According to Russian media, Moscow has recently offered Caracas a set of measures aimed at mending the country’s economy but the petro is not among the … Read more