· Cryptocurrency in Iran will be issued by the central bank
According to ISC, a subsidiary of the Iranian Central Bank, Iran’s future cryptocurrency will be supported by the Rial, developed on the Linux Foundation-led open source superbook technology. Unlike the decentralization of Bitcoin currency, Iran’s digital riyal is issued according to the decision of its central bank. In other words, the Iranian cryptocurrency cannot be mined, and its transaction records can only be accessed through a private blockchain.
· Venezuelan’s Petro coins are worthless
According to the thenextweb news, Venezuelan President Maduro has ordered every bank in Venezuela to adopt Petro coins and is fully interchangeable with the new currency sovereign Bolivar.
· Brazilian government requires cryptocurrency exchanges to provide information on anti-money laundering
According to Portal do Bitcoin, the Brazilian cryptocurrency exchange received a questionnaire from the Office of the Prosecutor of the Ministry of Finance asking them to provide information about their business and measures to prevent money laundering and terrorist financing. This requirement was proposed within the framework of the FATF (Financial Action Task Force) to protect the integrity of the financial system.
So, what will change next time on bitcoin news? See you guys tomorrow!