Trading in the Forex and Crypto Sectors – A Critical Comparison

Trading currencies has always been one of the most popular niches in the complex financial universe. History books date the birth of the Forex market back to the late 17th century in the city of Amsterdam. The modern Forex market is a direct descendant of past trading, with a popularity that, over the years, has also involved small investors. The last few years have been characterized by the birth and rise of cryptocurrencies to create a new pole in the…

China on Expanding Cryptocurrency and Blockchain Application

According to the Chinese government, there may be changes in the way it treats cryptos like Bitcoin as it is looking forward to reforming its forex markets. On December 24, a report by Reuters cited a senior government official and explained that a fresh research initiative will involve expanding the blockchain cross-border financing pilot platform of China. The platform was introduced in March 2019 and it is at the moment functioning as a pilot scheme in nineteen provinces. Lu Lei spoke about the…