Good ICOs can't be determined beforehand unless and until you go ahead and invest. Some turn out to be good and some turn out to be scams. If you want to make sure that ICOs turn out to be scam-proof you can go ahead and checkout various ICO rating sites. ListofICO is a website where you can get assured ICO ratings no matter which part of the globe you are in. They list the best ICOs that actually work and are scam free. You can also start up your own ICO under the guidance of ListofICO. Then there are ICO related blogs and articles that give you further insights about investing in one and its potential.

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If you are planning to invest in an ICO, then you need to be aware about scams and the risks involved in it. You need to have a comprehensive guide for your research and investments. For latest ico ratings, blogs and coming up with your own ICO you can check out ListofICO. Investing in ICOs can be an easy task if you go through all the pros and cons.

Saudi Arabia is now planning to launch its own cryptocurrency in 2019!

Here is an interesting read:

In 2018, we witnessed multiple countries issuing their own cryptocurrencies. While not all rollouts are successful implementations, it has done little to discourage nations. Even though Venezuela’s Petro is a failure, it hasn’t stopped countries like Saudi Arabia to consider cryptocurrencies.

Recently, it was announced that Saudi Arabia will be launching its own cryptocurrency by mid-2019. The currency will be backed by the Saudi central bank. Even though there isn’t much time left in the rollout, the group behind this project is still inspecting the potential impact of such a currency.

Even though Bitcoin has observed extreme market volatility, it hasn’t stopped the cryptocurrency from garnering worldwide attention. Digital cash has received favorable opinions from consumers and corporations alike. Various governments and central banks have identified the market demand and are looking for ways to fulfill the same. Creating a native currency in one way to serve the market.

The currency being developed in Saudi Arabia is a venture with the United Arab Emirates. The details about this currency are extremely limited at this time. There isn’t even an official name for it until now. The Saudi Arabian Monetary Authority is investigating the feasibility of this currency. Although this can transform the financial landscape of the country, it does carry potential risks as well.

The new currency is expected to launch by mid-2019 and it is likely to be supported by a small number of banks. Saudi Arabia is looking to improve cross-border payments.

Yes. I feel Cryptocurrency should be regulated for the manipulations that is taking place in the name of ICOs. A lot of scams are going on across the globe, especially in the eastern part of the world.

Here is an interesting piece of news from Vietnam about cryptocurrency regulation:

Vietnam authorities are looking to regulate the cryptocurrencies. The Ministry of Justice has found various solutions and the Ministry of Industry and Trade has expressed their opposition to the ban on the import of mining equipment.

Vietnam’s Ministry of Justice has submitted a report to the government in Hanoi which includes a review of the assessment of cryptocurrency-related business activities in the country. The document has also made several proposals about changes they consider as important.

The ministry wants to apply three alternate policies around the world. The first approach is named as “floating” that includes the implementation of regulatory concerns. The second one is called “prohibiting,” and the last one is “legalizing.”

Nguyen Thanh Tu, director of the Department of Civil and Economic Laws shared his opinion on regulating cryptocurrencies in the country. He said that relevant ministries and departments would be developing an appropriate legal framework to govern digital currencies. Thanh Tu thinks that Hanoi should manage the risks and the potential associated with cryptocurrencies. It should also make sure that investors benefit from them.

Authorities in the country have not finalized any decisions on cryptocurrencies yet. The Central Bank of Vietnam has announced that it would not consider cryptocurrencies as a legal tender. Prime Minister Nguyen Xuan Phuc has ordered agencies to draft a legal framework for cryptocurrencies and the industry built around them.

According to the reports, around one percent of Vietnam’s population is using cryptocurrencies currently. The country also has 95 million people who are cryptocurrency enthusiasts. General Department of Vietnam Customs’ statistics shows that in 2017, the country has imported more than 27,000 mining components.