CoinIdol News is an international crypto and currencies media outlet focusing on the latest news about Bitcoin and altcoins, Blockchain and distributed ledger technology solutions, FinTech and financial innovations on the world's market.
Digital currencies have gained much momentum globally, including in South America. The World Bank recently issued a report and indicated that only 49% of adults in S. America have access to banks. Overall, it is difficult to create a new bank account since it involves multiple processes (bureaucracy) and weighty maintenance costs.
China has launched new regulations designed to promote the ‘healthy development’ of distributed ledger technology (DLT). The CAC denoted new regulations on Thursday, January 10, 2018. Nevertheless, the new law also gives the right to the Cyberspace Administration of China (CAC) to superintend node operators and to request private information (info).
The cryptocurrency industry is growing at terrible speed across the world and this has forced investors, the public and executives to yearn for stronger and clearer regulations. In 2017 we saw the “Bitcoin (BTC) Bubble” with soaring prices and much care, focus, and attention directed towards digital currencies.
ICOs, or initial coin offerings, have been around for a few years now. However, it was only the last year when they stepped out of shadows and magnetized the attention of mainstream media, regulators, and, most of all, wannabe investors. The examples of astonishingly successful campaigns that managed to raise millions in a few minutes inspired lots of other ‘disruptors’ to run a campaign of their own.
Zero paper is required in the digital exercise and blockchain technology legal validity of smart contracts in the suggested amendments that were officially presented to the Senate. €750,000 allocated for startups. The M5S group presented two important amendments to the “simplification” law decree, that is now under a thorough examination by the Constitutional Affairs & Public Works commissions of the Senate.
Venezuela officially launched a complaint with the World Trade Organisation (WTO) on Tuesday, January 8, 2019, arguing that the current United States (U.S) sanctions on the nation violate a series of WTO rules and regulations.
Coinidol, the English speaking world blockchain news outlet with 1/2 million pageviews per month, has launched an Italian version of the website - www.it.coinidol.com. The first articles were uploaded in December 2018, but the month of the official launch for the Italian public is January 2019.