Crypto news you should know today 05/22/2018

in #cftc7 years ago

Today there are so many governments news, which is good for crypto market, as they will hold BTC as gold to backup their own digital currency.

1. Norway Central Bank to Develop Own Digital Currency

The Central Bank of Norway, Norges Bank recently confirmed the plans of developing own digital currency. The source reported that the new currency will be a supplement to cash which will have the main aim of ensuring confidence in money and the monetary system.

2. Australia Plans Blockchain Prototype to Deliver Welfare Payments in 2019

The Australian government’s digitization agency has revealed plans to explore the implementation of blockchain technology in delivering social security welfare payments to citizens.
source

3. TradingView Scores $37 Million in Developmental Funding

“October to January, during the real core of the crypto boom here, there were a lot of users coming in starting out researching that asset class broadly. Eighty percent move on to research other asset classes,” He added,“The rise of cryptocurrencies… and trading those assets… has flywheeled into a broader interest in investing across asset classes,”

4. Innovations underway? 7th Stellar Lumens [XLM] build challenge upcoming!

The Stellar team announced the 7th Stellar Build Challenge. This is an event to find community-driven solutions and so-called cornerstone project ideas. The previous Stellar Build Challenges have been stellar, with the community responding with novel solutions.

4. Nchain Acquires Majority Stake in BCH-Application Handcash

On Monday the blockchain research and development firm, Nchain, announced the acquisition of a majority stake in the Bitcoin Cash-centric startup Handcash. The Handcash platform allows users to send BCH in a contactless manner using near field communication (NFC) technology.

5. A new wave of ICOs? Toast Wallet adds support for ICOs on XRP Ledger!

Toast Wallet announced on Twitter that they would be adding support for a feature known as “Issue Own Currency” next week. This feature would allow users to issue an ICO on the Ripple network.

The screenshot released by Toast Wallet on Twitter says that ‘DefaultRipple must be enabled’ to allow a P2P transfer of the currency.

It is a relatively unknown fact that the XRP Ledger allows for the formulation of ICOs, as these are generally restricted to Ethereum and similar blockchains. RippleNet, with its focus towards providing cross-border payment solutions, has traditionally not been thought of as providing a platform for ICOs to launch.

6. Bitcoin bull argues for rally to $20,000; CFTC to provide guidance on virtual currency derivatives

CFTC to publish guidance on virtual currencies
The Commodity Futures Trading Commission, or CFTC, will soon provide tighter guidance on the digital currency market. Speaking at the North American Securities Administrators Association Conference in Washington, Chairman Christopher Giancarlo said the agency will publish a staff advisory that will provide a framework to both exchanges and clearinghouses when listing derivative contracts based on digital assets.

“This advisory will reflect CFTC staff’s current thinking based on our growing experience with virtual currency derivatives. As new products are brought forth, staff will reevaluate and revisit the advisory, as necessary, to address any new and emerging issues,” said Giancarlo.

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BCHBitcoin Cash1171.590$-6.45%-17.16%
BTCBitcoin8193.150$-3.54%-5.71%
ETHEthereum681.259$-4.09%-6.46%
XLMStellar0.311$-4.22%-14.98%
XRPRipple0.665$-3.6%-9.51%