China has long been a hub for cryptocurrency miners and large set-ups, though in recent times – since from when the ICO ban was instituted – it has clamped down on all such activity. No deadline for the ban has been stated.
Enterprise blockchain company Digital Asset is working with the International Swaps and Derivatives Association (ISDA) to develop software meant to ease adoption of the trade group’s potentially cost-slashing data standards.
According to Popper’s “sources,” Facebook’s management might be seeking investments of around $1 billion. The Harvard University graduate and New York Times reporter argued that “one of the big allures of blockchain projects is the decentralization.” Given that, Popper believes “getting outside investors could help Facebook present the project as more decentralized and less controlled by Facebook.”
Today is not necessarily the best of days for most cryptocurrencies. While most of the markets do not suffer from too negative pressure right now, it seems that situation may come to change in the very near future. The EOS price is still going strong, which may come as somewhat of a surprise to the masses.
According to Kyodo, a local news outlet, central bank governors will join finance ministers in formulating the global anti-money laundering regulations which will also encompass regulations to curb terrorism financing using cryptocurrencies. The news outlet added that on April 4, all G20 member countries expressed their willingness to come to a consensus during the two-day meeting.