BITCOIN IN THE MAINSTREAM | 7 Cryptocurrencies To Launch Staking | Digibyte, Vechain, Uptrennd

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While coronavirus rages, bitcoin has made a leap towards the mainstream. 


In February 2020 a French court ruled that a loan involving bitcoin was a consumer loan. In Abu Dhabi The financial services regulator amended its virtual asset legislation to comply with the FATF standards. Germany’s financial regulator, BaFin, did the same Followed by South Korea’s lawmakers. India’s Supreme Court overturned the central bank’s 2018 ban on banks transacting with cryptocurrency firms. And now in March  Zimbabwe announced it is developing a regulatory framework for cryptocurrencies that will establish a clear procedure for firms to become compliant with the country’s financial regulations and therefore to be allowed to do business with banks. This, too, reversed a 2018 ban.


List of Project that are about to launch staking in 2020
Zilliqa $ZIL, Credits Crypto $CS, Chromia $CHR, Ample protocol $AMPL, CeloOrg $CELO, CasperLabs $CLX, nOS platform $NOS


On March 27, VeChain Foundation released its 10th Foundation Financial Executive Report, covering the period from November 2019 to January 2020. VeChain releasing this report is in line with the foundation’s objective of promoting accountable communication. It also encapsulates their achievement in creating tangible economic value in the Blockchain industry.  


On March 25, the Neo Foundation announced the release of funds to aid the continuity of its operations in the coming financial year. A total of 1,660,865 NEO tokens were released (worth approximately $11 million), with 27,800,303 NEO (approximately $190 million) still available. Neo Foundation also revealed in its blog post that its financial review for 2019 was now complete. It planned to release the annual report to the general public soon. 


References: 
https://sg.news.yahoo.com/while-coron... 
https://twitter.com/CryptoDiffer/stat... 
https://www.uptrennd.com/post-detail/... 
https://www.altcoinbuzz.io/cryptocurr... 
https://www.altcoinbuzz.io/cryptocurr...


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NOTE The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.




COMMENT

14

Ali Hassan
31 Mar

Good data about cryptos. Cryptocurrencies and all coins have great fall due to This virus. And hole so everything will settle down soon. To the normal positions

17

Akinola Philips
31 Mar

All I know now is the sound of giveaway.. Thanks for this

11

Doctor Chooza
31 Mar

Bitcoin in leapstream.. Quite intresting information ! Thank u so much for sharing

5

Ubong Effiong
31 Mar

Nice one bro...cryptôcurrency in general, is the future..better days ahead

12

Eminent. Adesuyi
31 Mar

Good update...coming good news coming through soon 

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