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• Development
  

  Stay tuned here to hear more about new releases and features of Asch!

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  A

  Generally there are different kinds of cryptocurrency wallets are available (mobile wallet, hot wallet etc)for storing bitcoins which can be used according to your convenience and security.

  Now let us know the difference between hot wallet and cold wallet storage.

  Hot wallet is nothing but the cryptocurrency wallet device that is connected to internet and stores the digital assets in online. Transactions can be possible only with internet.

  Pros and cons of hot wallet:

  Pros
  Quick access

  Easy to use and user friendly

  Cons

  As it is connected to internet, the cryptocurrencies will be less secure in hot wallet.

  On the contrary, the cold wallet storage will not require a internet connection to store data, which is more protective.

  Pros

  The most secure option for storing cryptocurrencies.

  Completely offline - provides high level of security

  Cons

  Expensive

  Not suitable for quick transactions

  If you are thinking of owning a cryptocurrency wallet for your trading business and want to know more about it, visit here --> https://www.cryptoexchangescript.com

• News
  

  News for Asch and Blockchain both English and Chinese.

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  The people of Venezuela have been pushed into the low-level economic status in recent days. This is a reason why the Venezuelan people lost their hope in government-issued fiat currency. They can easily adopt new crypto currency and start buying bitcoins in peer-to-peer trading platforms such as Localbitcoins and Paxful. Meanwhile, checking this article on [remitano exchange operations and clone script] can be helpful for you.

  Increased Bitcoin Trading Volume

  In localbitcoins Venezuela grows steadily from Feb 9. The trading volume is 2,485 coins and previous week they trade 2,004 coins. The Paxful peer to peer marketplace has 74.66 increased their trade the daily transaction detail is 61,534.

  New Crypto Rules Enter into Venezuela

  The Gazette is an official journal published the 63 rule in Gazette. The rule contains purchase, sale, distribution, and exchange of cryptocurrencies. It is also mandatory for all trader to registered their detail.

  The 63 articles are divided into six sections.

  The first section has a 1 to 5 article which describes general information about the declaration objectives and scope of application. It also defines blockchain, digital mining, crypto asset, and price.

  The second section explains the “structure of the Integral System of Crypto Assets” in articles 6 to 28.

  The third section introduces rules for the new registration system in articles 29 to 33.

  The fourth details the audit and inspection procedures in articles 34 to 41.

  The articles 42 to 51 make up the fifth section which discusses offenses and penalties. whereas,

  The articles 52 to 63 are seen in the last section which mostly describes administrative procedures.

  Sunacrip crypto in charge

  The National Superintendency of Crypto Assets and Related Activities (Sunacrip), the regulator of all crypto activities in Venezuela, announced on Friday. This judgment acting regulation was published in the country’s Official Gazette No. 41.581.