12 Oct UNICEF Cryptocurrency Fund, E-Money Licence To Coinbase And More
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The Indian government should have followed Australian crypto regulation, say Indian exchanges
Coinbase has been granted E-money licence in Ireland
If a crypto can’t be 51% attacked, it is permissioned and centralised, said Litecoin creator Charlie Lee
Since the advent of Bitcoin in early 2009, there has been a continuous debate over the benefits of cryptocurrencies when compared to the conventional banking system.
In a Netflix Orginal ‘Banking On Bitcoin’, Michael Casey from the Wall Street Journal observed, “2.5 Bn adults in the world do not have access to bank accounts…Technology like Bitcoin or cryptocurrency has the capacity to bring those people into the financial system.”
With Facebook’s Libra, however, the debate has now shifted from Bitcoin vs fiat currency to centralised vs decentralised as the cryptocurrency and many other stablecoins, unlike Bitcoin, are controlled and monitored. As reported in Blockchain Weekly, John McAfee completely disagreed with the very idea…
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