The post Cryptocurrency SOV to be released as Marshall Islands president survives no-confidence vote appeared first on CoinReport.
This Pacific Island may get its national cryptocurrency after all. Marshall Islands President Hilda Heine has eked out a no-confidence vote that threatened not only to derail her presidency but also the fate of the Sovereign (SOV), a national cryptocurrency spearheaded by her administration. According to the Nikkei Asian Review, President Heine blamed a “referendum about … Continued
The post Marshall Islands President Survives Crypto-Infused No-Confidence Vote appeared first on CCN
Marshall Islands President Hilda Heine is under fire and is facing a vote of no confidence amid a bold plan led by her administration to introduce a national cryptocurrency dubbed the Sovereign (SOV). The vote will reportedly occur next week after a group of eight senators including Senator Casten Nemra introduced the motion on Monday with
The post Marshall Islands President Faces No Confidence Vote amid Plans for a National Cryptocurrency appeared first on CCN
Cryptocurrency monitoring site Coinmarketcap appears to be mulling the idea of allowing users to vote on which assets it should track.
Users Could Influence Listings
In a Twitter survey released September 12, the site, which has become a stalwart reference resource for cryptoasset prices and other related data, asked followers whether they “would be interested” in influencing future listing decisions.
At press time, 60 percent of the nearly 5000 respondents had accepted the offer, with 30 percent claiming they had no interest in doing so. A mere 10 percent said they would not like to have the opportunity.
According to data from EOS Authority, EOS has finally acquired the minimum votes required for its network to go live.
After EOS failed to launch its platform on its projected launch date of June 2, a live-stream vote was called, where users voted “Go” to launch the blockchain network. But while the network got the green light, it couldn’t go live until it was activated with the EOS tokens held by investors.
Swiss voters will decide this Sunday whether to turn back on fractional-reserve banking and support a “sovereign money” concept for the nation’s finances. Proponents of the initiative prescribe deeper centralization to remedy the shortcomings of the traditional financial system – a vision quite different from the decentralization that came with cryptocurrencies like bitcoin, following the 2008 global financial crisis. In today’s Bitcoin in Brief, we also cover a statement by a prominent Russian banker who warns that tight crypto regulations would hamper the development of blockchain technologies.
With regulation coming thick and fast across Asia the effects on the markets can be seen instantly. Last week a bucket-load of FUD caused a sell-off when a number of large news agencies misreported that South Korea was banning crypto trading. This wasn’t the case at all and the country remains open, Russia could soon be joining them as it prepares to vote on legalizing crypto exchanges.
According to Newsweek, citing Russian media, the Ministry of Finance has drafted a new bill to legalize cryptocurrency trading on organized trading platforms. It will submit the bill to the federal legislature for voting in February.