Unicorn’s crypto ATM will support buying/selling of five cryptocurrencies: Bitcoin, Ripple’s XRP, Ethereum, Bitcoin Cash, and Litecoin.
The regulator noted that they would be developing a new framework with a careful approach to deal with the “new technology”.
By next month, South Korean lawmakers and regulatory agencies are likely to unveil the country’s official stand on fundraising through ICOs.
The chairman said that his agency believes the “do no harm” approach and is willing to see more innovation in the country’s blockchain sector.
The main purpose of the sidechain technology is improved transaction facility, faster settlements, and tokenization of different assets.
The anonymous government official said that the state-owned cryptocurrency will be running on a blockchain developed and monitored by the central bank.
Jack Ma consider blockchain a powerful innovation and says that he is fascinated by the value it brings to the table.
Several shopfronts in Dubai will get the POS terminals wherein customers can pay using the emcredit’s emcash digital currency equivalent to UAE’s official currency, Dirham [AED].
Roubini called the decentralization of crypto a “myth” while posting that the entire crypto ecosystem is centralized.
The new upgrade will launch the TRON Virtual Machine allowing developers to test the smart contracts before they are deployed on the mainnet.