Feb 15, 2017 at 13:13
News
China Undergoes Massive Forex Reserves Loss, Pushes Bitcoin Higher
China is losing a good portion of its forex Reserves in, what is considered to be by many people, an attempt to raise the value of the Chinese Yuan. China, which got hit by hard monetary issues through most of 2016, still continues to struggle to completely offset its economic woes.
Federal Reserve Is More Interested In Private Blockchains
The United States Federal reserve has shown a very strong interest in components of blockchain and distributed ledger technology. This was witnessed by the release of a paper whose aim was to investigate the potentials of blockchain and outline the Federal Reserve’s interest in the blockchain.