Analysts: China's cryptocurrency potentially larger than Bitcoin



[ad_1]

  Central Bank: View of the headquarters of the People's Bank of China (PBOC) in Beijing. (Photo: dpa)

According to badysts, the People's Bank of China plans its own cryptocurrency. (Photo: dpa)

TOP News

Analysts: the Chinese cryptocurrency potentially bigger than Bitcoin

The experts of the British group IG Group think that despite Chinese efforts to ban something, they are still very enthusiasts

"In a move that seems to contradict the Bitcoin ban, the Chinese Central Bank (PBoC) is pursuing plans to create its own official digital currency," the study says.

Group, that up to now there is no official announcement of China. In fact, it is generally believed that the communist government is considering its own version of a cryptocurrency sponsored by the state. If this is the case, badysts predict that Chinese cryptocurrency could be more important than Bitcoin.

The Chinese cryptocurrency would probably be introduced alongside the main currency, the yuan, with the intention of serving millions of citizens. who do not have access to the usual banking services.

"The PBoC's vision for its own cryptocurrency is based on the takeover of the financial sector.The central bank argued that, without government control, cryptocurrency could become a tool for drug traffickers and the terrorists.

Another Thai film channel based on cryptocurrencies

  • The film operator establishes a digital payment ecosystem in the country through a partnership with the Swiss payment company Rapidzpay. 19659012] The company, founded in December 1995, currently lists 143 theaters across Thailand on its website, 43 of them in the Bangkok area

Chile: Crypto payments in more than 5,000 shops

  • CryptoMark CryptoMark is badociated with the Chilean Flow payment platform to allow customers to pbad three cryptocurrences.
  • Flow currently claims more than 5,000 branches With more than 180,000 Cryptocompra is now available for businesses in Chile, Argentina, Brazil and Europe, allowing merchants to accept payments in Bitcoin, Ethereum and Stellar.

Korea wants tax breaks on crypto exchanges

  • South Korean encryption exchanges may soon lose their right to substantial tax breaks that are currently granted to small businesses.
  • A review of the current tax code announced Monday by the South Korean government would change the crypto of the category of start-ups Not including medium-sized enterprises (SMEs) who can apply for a tax rebate of up to 39%. 100%.
  • According to the tax legislation in force, start-ups and SMEs can deduct 50 to 100% of their income tax in the first five years after their creation. or corporate income tax Gibraltar United is the first football club to pay players in crypto currency

    • Gibraltar United, a Premier Division football team, will be the first football team to pay their players in cryptocurrency next season
    • The team owner Pablo Dana, who has invested in Quantocoin, provides a platform for cryptocurrencies for everyday use.
    • Dana said that Gibraltar United wanted to bring more transparency to football, believing it to be one of a kind. Technology Will Reduce Corruption of Sport

News of 29.07

News of 28.07

News of 27.07

***

From now on, we offer our readers a new edition exclusive Service to: the daily cryptography monitor.

This monitor provides an overview of the most relevant recent developments around the theme of cryptocurrency around the world. The service is unique in that it brings together all relevant cryptocurrency information from hundreds of selected sources, from China and Russia to Japan and South Korea to the United States and Europe, and summarizes the key points in stenographic terms

The crypto-monitor will only be available to subscribers after a short introductory period: here you can sign up for a free month free.If it expires, you will be notified by us and then you can subscribe: here You can decide if you want to subscribe monthly or annually (price advantage!).

[ad_2]
Source link