Bitcoin Replaces Gold
Forbes published statistics on Google search queries. Analysts report that the system registered an 11-year minimum on the frequency of requests for the purchase of gold and other precious metals as investments and a means of storing money. The main reason for such a decrease in the popularity of this type of asset, according to the experts, is due to the growing popularity of cryptocurrency.
Nasdaq Monitors Cryptocurrency
Adena Friedman, the current CEO of Nasdaq, believes that in the near future, cryptocurrencies will become an integral financial part of the world’s web. She also noted that Nasdaq is thoroughly investigating the cryptocurrency and blockchain, using scientific and technical methods of studying the issue. In the future, the blockchain has good prospects, but so far the market is in the “hype cycle”.
Kazakhstan Follows the Progress
On June 7-8, Astana (the capital of Kazakhstan) will host an event initiating an integrated approach to the development of legislation in respect to cryptocurrency and blockchain. Representatives of the Government of Kazakhstan will be the speakers at the event, and the conference itself will be attended by many large companies and developers. It is important to note that measures taken in Kazakhstan can set trends for the entire Central Asian region.