The Ministry of Industry and Information Technology of China (MIIT) has published guidelines for accelerating blockchain adoption in various industries without using cryptocurrencies. MIIT has identified blockchain as an integral part of information technology that could be critical to China’s future development. Back in October 2019, Xi Jinping, Chairman of the People’s Republic of China, called for accelerating the implementation of blockchain in the country. The department named the key areas for the introduction of

Researchers at the Bank of England published a paper that examined the possible implications of the introduction of private and public stablecoins, as well as their role in the development of the financial system. Bank of England Governor Andrew Bailey said the possible use of stablecoins as a means of payment and the active development of government digital currencies raise many questions. According to him, they should be carefully considered by central banks and governments

Payments company Square and Blockstream will set up a solar-powered BTC mining joint venture to demonstrate that Bitcoin mining can be green. Under the terms of the agreement, Square will invest $ 5 million in a new mining facility, and Blockstream will provide a practical solution for creating and managing the project. The facility will be located at one of the Blockstream locations. The topic of environmental friendliness of BTC mining has been actively discussed

The hacker group Anonymous posted a video accusing the Tesla CEO of his tweets that rocked the cryptocurrency markets and “ruined the lives” of cryptocurrency owners. The video was published on the Youtube channel of the well-known decentralized hacker group Anonymous. It is impossible to say with certainty that the video was created by hackers Anonymous, although it has all the hallmarks of past videos that are believed to have been created by members of

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The European Central Bank (ECB) has released a large-scale report in which analysts assess the international role of the euro, as well as discuss the prospects for issuing digital currencies. The authors of the report believe that the issuance of their own digital currencies by central banks is extremely important for maintaining the position of regulators. If such assets are not launched, this could threaten the role of central banks in the country’s economy –

The judge dismissed a lawsuit filed by Apple co-founder Steve Wozniak against YouTube for posting fraudulent videos of Bitcoin giveaways on his behalf. According to the court ruling, the YouTube platform is not responsible for advertising fraudulent cryptocurrency schemes. Santa Clara County Superior Court Judge Sunil Kulkarnia explained that YouTube and its parent company Google are protected by Section 230 of the Media Decency Act, which exempts Internet platforms from liability for content posted on

The IOTA Foundation announced the launch of a “DevNet” (Developer Network) called Nectar, which will be the second preparatory phase for the rollout of the IOTA 2.0 Update. The developers said that the Nectar phase will play a key role in preparation for the final launch of IOTA 2.0, which is due to take place in late 2021. The move into the Nectar phase came after the rollout of the Chrysalis update to the IOTA

Google will allow cryptocurrency exchanges and wallets from August 3 to advertise their services to American users, subject to certain conditions. In 2018, Google banned advertising of all financial instruments that could pose risks to users, and cryptocurrencies were no exception. However, even the partial lifting of this ban came as a surprise, given that government agencies are trying to tighten control over cryptocurrencies. From August 3, cryptocurrency trading platforms and wallets will be able

Ethereum co-founder Vitalik Buterin spoke about the obstacles to deploying Ethereum 2.0. According to him, the development is influenced not by technological, but by human factors. At the Virtual Fintech Forum at StartmeupHK Festival 2021 this week, Buterin said the main challenges to updating the world’s largest smart contract network were not technology. He admitted that the creation of Ethereum took much longer than he expected – according to his first estimates, it should have