Tuesday, March 31, 2020

How the Crypto World reacts to the pandemic?

  1. China is back from isolation, and some people consider that it has all the chances to become the biggest mining community in the world.
  2. China is also continuing its work on state digital currency.
  3. In Italy Banco Sella is launching a new service for trading Bitcoin. One of the features of this service is an opportunity to donate BTC to the Red Cross organization.
  4. But it is not just an Italian thing. Now there are a lot of blockchain apps that allow donations to the Red Cross.
  5. Some crypto wallets also wave their fees to various funds that help to fight the pandemic.
  6. Despite the current health situation, we can witness crypto wallets and exchanges fighting for their rights to work in different countries. (For example, India, Singapore)
  7. A number of crypto events were canceled or postponed, such as the Binance Blockchain Week Vietnam, TRON’s native summit, and DC Blockchain Summit, etc.
  8. Some events moved online. For example, Consensus 2020.

Although this pandemic affects the Crypto world, some experts believe that this time it holds a lot of opportunities as well.


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