Goldman Sachs isn't finished with blockchain yet, mining becoming even less profitable, Facebook's search for blockchain-specialists, Uzbekistan adopting blockchain into a variety of spheres, Ripple plus TransferGo partnership, and Ukraine considering crypto-taxes
- Wall Street is still thinking crypto. Goldman Sachs CFO says that rumors about a potential trading cryptocurrency desk and its closure are fake news but they are thinking about introducing bitcoin derivatives.
- Mining may become even less profitable. Low electricity prices attracted many miners to Grant County, Washington. But the local authorities are planning to up the prices, which is yet another blow to the miners who are barely making any profit in this bear market.
- Uzbekistan join the blockchain fever. Uzbek president ordered the establishment of a state blockchain development fund, which seeks to integrate blockchain technologies in healthcare, education, and other areas.
- Rupee through Ripple. Ripple partners up with TransferGo, a popular financial services company in India, to bring a new feature. Now Indian people can send money to anywhere in Europe in a matter of seconds.
- Belarusian blockchains need South Korean investors. Belarus seeks to establish relations with South Korean investors to foster Belarusian fintech industry, including blockchain and AI technologies.
- Facebook’s blockchain team expands. Facebook is actively looking for blockchain specialists. Now the company is searching for head of business development and partnerships for its new blockchain department.
- Ukrainian government wants a cut, too. Ukrainians are expected to pay the regular 19.5% income tax for profits obtained through crypto-related activities such as trading and mining.