Blockchain technology is gaining traction amongst mainstream financial service providers as the technology guarantees security, decentralization, cheaper transaction fees and faster ways of sending funds across the globe.
As with any new area of investment, cryptocurrencies have prompted potential investors and analysts to ask many questions. In the past couple of years, digital currencies have experienced significant boosts in popularity, and there are persistent untruths, myths, and rumors about the space in general and about certain coins and tokens in particular. Below, we'll take a look at some of the most common myths about digital currencies, and we'll explore whether or not each contains some truth.
A Dubai government authority has announced that it is launching a crypto valley in the country’s free zone, where there is no personal or corporate income tax. With the help of its partners from the Swiss crypto valley, Dubai will offer a variety of services such as incubation for startups, coworking facilities, blockchain training, education, events, mentoring and funding.
Forbes recently published the second edition of its Blockchain 50. The list aims to capture the billion dollar companies most active in blockchain. To be included in the Blockchain 50, a company must have a valuation above $1 billion.
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