Staking is one of the most popular ways to generate passive income using cryptocurrencies that run on the Proof-of-Stake (PoS) consensus algorithm. It has a relatively low threshold of entry, and on top of that, by betting on digital assets, you are helping to support the blockchain network. So it’s a win-win situation for both parties.
The Digital Dollar Is No Longer Needed: Cryptocurrency and Blockchain News
The Russian authorities decided to finalize Rostec's roadmap for blockchain and quantum sensors (microscopic sensors of ultra-high sensitivity). It is not yet known what kind of improvements will be included. These roadmaps have not passed stress tests. In July, the government signed a number of agreements with large companies within the framework of the digital technology development program. A curator was assigned to each technology, for example, Sberbank was assigned to artificial intelligence technology, and Rostec was assigned to blockchain and Internet of Things technologies.It's cool, we hope that this is not another hyperloop.
The US Treasury and the Federal Reserve System (FRS) did not see the need for a digital dollar. This was stated by US Treasury Secretary Steven Mnuchin in response to questions about Libra. Earlier, the head of the European Central Bank, Christine Lagarde, reported that the digital euro will help stabilize the global financial system, but a hasty issue can only do harm by cutting off the ECB's connection with other banks.
And now for those who still do not believe in digital currencies:
The Central Bank of Lithuania, meanwhile, announced the release of collection tokens dedicated to the signing of the Act of Independence. When purchasing a token, users will receive 6 randomly selected coins, after which they can order a physical silver coin. In total, it is planned to issue 24 thousand tokens.
Another country plans to consider a law on the regulation of cryptocurrencies. The South Korean government is determined to tax transactions with cryptocurrencies, but first you need to determine the exact meaning of the concept of crypts. And they will also take data from crypto exchanges, so many will have to forget about anonymity.