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https://supra.com/blastoff?ref=a8e38-128221

Verge is going to the moon
https://www.visionary-finance.com/news/PayPal-Cuts-Payment-Door-for-PornHub-Models-Crypto-Community-Finds

This is huge news. If you have contacts in Iran and they are not responding, it's because their internet is down and they cannot access it. https://bit.ly/2KODj06

Turkish people were always pro-crypto:
https://cointelegraph.com/news/turkeys-unexpected-rise-to-the-top-of-global-crypto-adopters

Cryptocurrency has been subject to a lot of raised eyebrows recently because of the crises that these currencies are recently facing. The critics of cryptocurrency now feel that they were correct in doubting its credibility and application as a mode of payment. This might have been the case if the blockchain technology would not have advanced to the point where its applications are now seemingly endless. The application of blockchain is now considered to be realistic in sectors varying from construction to politics.
The recent plunge in the cryptocurrency market has seen a trend towards recovery with a market cap of approximately $180 billion. It owes this movement towards a prospective recovery to the advancements in blockchain technology. The market is fairly optimistic about blockchain, and this has led to the development of a sense of trust in cryptocurrencies as well. Companies like Global Digital Payment, led by founder and blockchain developer are fully aware of the applications of blockchain and have thus launched on a blockchain based ecosystem that will help both buyers and sellers in regulating and standardizing payments in cryptocurrency. Users will be able to convert their cryptocurrency into fiat money without paying any sort of transaction charges. This venture will be performed by Global Digital Payment’s wholly owned subsidiary Bytus.
Cryptocurrency is still in more of an embryonic stage to be adapted as a major mode of online payments. As of now, there are various other means that have been dominant. Like in China, WeChat and AliPay have been the most used means of payment. Combined with QR readers and NFC these modes have taken over not only cash but also cards. Cash has slowly been phasing out as a means of payment, especially in the developed nations. It is very soon that we will witness cashless economic systems running in their full flow.
All we know right now is that blockchain technology is the future in almost every sector in the world. This technology gained its popularity through the advent of cryptocurrency, and it is only a matter of time when we see people adapting cryptocurrency to carry out their transactions. Security of payments is one of the many aspects that blockchain brings into play and with these advancements we see the possibilities are virtually endless.
As of now, the main problem that exists with crypto is that it is not a widely accepted means of payment and that it cannot be readily converted into cash. Bytus’ ecosystem has solved the latter of the two main problems, as you can convert your cryptocurrencies into fiat money. The problem that remains now is just a matter of trust that will increase as time passes on. It is safe to say that crypto is a bit ahead of its time, and we can expect the age of cryptocurrency to arrive soon with breakthroughs in blockchain acting as the main catalyst in speeding this process.

New Zealand will legally allow companies to pay salaries in cryptocurrency starting September 1, becoming the first nation to do so, according to a Financial Times report.

The country requires the preferred cryptocurrency to be pegged to a standard currency and directly convertible into a normal form of payment. This stipulation allows bitcoin to replace the New Zealand dollar on workers' paychecks.

See more: http://bit.ly/35UNNmL

The Swiss government has unveiled plans to improve frameworks for distributed ledger and blockchain technologies. In an announcement, Switzerland’s Federal Council said the proposals would increase legal certainty, remove barriers for blockchain applications and reduce the risk of abuse.

The revisions to the previous framework propose specific amendments to nine federal acts across civil and financial law and were based on industry feedback.

In May 2019, the government proposed a series of amendments to the existing legislation and submitted them for consultation. It received 80 industry responses, which allegedly “welcomed” the proposals.

While the government hasn’t announced an exact date as to when the proposals will be implemented into law, it said parliament will “probably examine the proposal for the first time in early 2020.”

In a statement, the government added, “The development of DLT is predicted to have significant potential for innovation and efficiency gains in the financial sector as well as other sectors of the economy.

“In recent years, a remarkable ecosystem with innovative fintech and blockchain companies has developed in Switzerland, especially in the financial sector.”

Source: https://decrypt.co/12587/swiss-lawmakers-look-to-boost-blockchain-innovation

European Central Bank policy makers meeting in Frankfurt this week will discuss the prospect of launching their own digital currency, according to euro-zone officials familiar with the matter.

More here: https://www.swissinfo.ch/eng/ecb-policy-makers-said-to-discuss-central-bank-digital-currency/45425898

Shamsh Hadi, CEO of ZorroSign, Inc. touted the benefits of blockchain in safeguarding consumer data in testimony he submitted to a U.S. Senate committee earlier this month. “The thoughtful and intentional employment of blockchain to safeguard personal data is one way to achieve the dual goal of protecting consumers while at the same time preserving the economic and social benefits of data,” noted Hadi in testimony submitted earlier this month to the U.S. Senate Committee on Commerce, Science & Transportation. ZorroSign is a pioneer of real electronic signature and a patented document fraud and tampering detection system built on blockchain.

https://www.cryptocurrencyguide.org/blockchain-can-be-used-to-safeguard-consumer-data-and-should-be-an-essential-component-to-any-consumer-data-privacy-and-security-framework

The Basel Committee on Banking Supervision BCBS, which is an international organization of central banks, released a paper on digital assets on December 12. In the paper, the BCBS called for the creation of standardized rules for digital assets.

The BCBS acknowledges that the crypto sector is significant enough to warrant monitoring by central banks globally. However, it also noted that when compared to the international financial system, the sector was still quite tiny.

https://www.visionary-finance.com/news/Central-Bank-Authorities-Hint-That-Cryptocurrency-Could-Be-A-Long

Chinese courts use blockchain technology accompanied by AI
China’s smart courts are reportedly applying a variety of innovative technologies including blockchain and artificial intelligence (AI) to decide on millions of legal cases.
On Dec. 5, China’s official Xinhua news agency reported that more than 3.1 million Chinese litigation activities from March to October of this year were settled through the blockchain and AI-powered smart internet courts.
Smart contracts for legal proceedings
Now, the blockchain platform has started using smart contracts. During a press conference yesterday, the Hangzhou Internet Court outlined their use for automation in filing, trials, and outcomes.
Wang Jiangqiao, executive VP of the court, said: “In the case of contracts, after a traditional contract is signed, if one party defaults, the other party will spend a lot of time and effort to collect evidence and safeguard rights, and the rights protection cycle is long and costly. A smart contract is to compile the terms of a contract into computer code that runs automatically after the parties to the transaction sign.”

In these “courts of the future” citizens are able to communicate with non-human, virtual, AI-powered judges in front of multiple screens, which negates the need for them to physically appear in court

https://blockchaintd.com/posts/justin-sun-will-donate-1-million-to-greta-thunberg

The FedACH service … is currently operating normally after experiencing delays in processing yesterday afternoon and early this morning. Some customers experienced delays in receiving confirmations of yesterday’s transactions. Federal Reserve technical staff continue to investigate the root cause of the issue.
https://cryptobriefing.com/us-banking-outage-crypto-cheers/

Once this happens, along with the subsequent regulations, only THEN will prices go up and through the roof. BitCoin will go up and the corresponding alts with it. Now is the time to buy and be buying.

https://bitcoinist.com/us-congress-to-consider-cryptocurrency-act-in-2020/