Copyright © 2017-2019 LHCrypto
All rights reserved.

Some information about us

Cryptocurrency from VKontakte, Pillar accuses the SEC, the collapse of the dollar

04/02/2019
|
  • Cryptocurrency_dollar
News list

The social network VKontakte launches its cryptocurrency. The head of Pillar criticizes the SEC for opposing progress, tokens can replace the dollar.

Russia's largest social network has launched its cryptocurrency

VKontakte social network with an audience of over 500 million registered users has launched its own cryptocurrency. VK Coin service allows you to earn virtual coins for clicking a button. And users can thus reward the owners of public and interesting posts.

It is important that the received coins can not only be exchanged. They are allowed to withdraw through the VK Pay payment system. Apparently, this is a test version of VK Coin cryptocurrency. While it is available only in the mobile application, and can hardly be used for real calculations. However, there is a possibility that in the future a huge audience of VKontakte will indeed receive a real financial asset on the blockchain.

Russia's largest social network has launched its cryptocurrency

David Siegel accused the SEC of braking the cryptocurrency market

Pillar founder David Siegel blamed American regulators for the continuation of a cryptocurrency winter. He said that the SEC is opposing the developers of digital financial assets and does not provide them with any support.

According to David Siegel, as a result, the United States may get a significant lag from other countries. Project developers and financiers change jurisdiction and prefer to operate in Europe and Asia. There, the authorities are more loyal to cryptocurrencies, and the regulation is meaningful. In the US, it has long been argued that control over the cryptocurrency market should be transferred to the CFTC. This agency actively supports digital financial assets and is much more sympathetic to innovation.

David Siegel accused the SEC of braking the cryptocurrency market

Deputy head of the Ministry of Finance of Argentina predicts the collapse of the dollar

Felix Martin Soto, who holds the post of deputy head of the Argentine Ministry of Finance, spoke about the imminent collapse of the dollar. He is confident that cryptocurrency will force him out of the top. According to the official, it is digital financial instruments that are able to take the place of the main reserve asset.

It is noteworthy that these words were spoken during his visit to China, at a meeting with the CEO of the financial giant Huobi Group. Now, most Argentineans keep their savings in dollars. And this happens in many developing countries, which supports the high demand for the American currency. If a more interesting tool for savings appears, the dollar rate may collapse.

Why dollar was ruined

Deputy head of the Ministry of Finance of Argentina predicts the collapse of the dollar

Are you ready to start?
Open Account Be a Partner

LH-CRYPTO is an online service for crypto-traders

LH-CRYPTO is an online service for crypto-traders. The service is available to everyone, except for the citizens of particular countries and several categories of people listed in the License Agreement. LH-CRYPTO is a free software for making conversion operations with CFDs on various financial assets nominated in cryptocurrencies.

The project does not manage funds and does not guarantee profits. The project only offers a service that allows to make conversion operations with cryptocurrencies on a specially configured software.

This website is maintained and supported by the following legal body:

LARSON AND HOLZ IT LTD

All the settlements in this project are processed solely in cryptocurrencies. Conversion operations are processed on the terms of margin trading without a direct supply of underlying assets. According to the generally accepted term, these operations are called operations with OTC (over the counter) CFDs (contracts for difference).

Trading with OTC CFDs involves considerable risks. We recommend you pay the utmost attention to both theory and practice of margin trading before making any of such operations.

The services provided by this project are not available for: residents of USA, North Korea, Sudan and Syria.

visa mastercard 3D secure visa 3D secure mastercard