2020-8-30 23:47 |
China is not the only country that wants control of this highly coveted industry.
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China appears to be in the final phases of testing its CBDC, digital yuan. The country recently expanded the tests to new cities, and its central bank revealed that the coin is only used for small retail transactions at this time.
2020-8-25 14:43 | |
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China’s digital yuan ‘DC/EP’ might soon be replacing the fiat renminbi in circulation following an announcement by the country’s ministry of commerce to scale the pilot in more cities. This PBoC backed digital currency has been in progress since 2014 but was only piloted recently, marking a significant milestone towards the adoption of CBDC’s. The […]
2020-8-17 17:06 | |
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Nigeria is not only Africa’s biggest cryptocurrency market but is also a leading adopter of digital currencies globally. Official figures show the country is well ahead of fellow African countries.
2020-7-28 11:03 | |
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In one of the worst hits in 11 years, the Federal Reserve’s balance sheet shed some $88 billion last week, causing it to drop below $7 trillion. The setback, however, is only the tip of the proverbial iceberg as far as the country’s COVID-induced economic woes are concerned.
2020-7-15 20:41 | |
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Lebanon's financial crisis is only deepening with each passing day, as the country is engulfed in hyperinflation. An unofficial report suggested that the value of the national fiat Lira has fallen by 50% in a matter of two weeks.
2020-7-3 23:22 | |
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The cryptocurrency club is becoming exclusive, with countries around the world in a race to put forward their version of a central bank digital currency [CBDC]. China is the only country that has annoThe post Bitcoin, Ethereum's popularity in China not a fluke appeared first on AMBCrypto.
2020-6-9 13:00 | |
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India managed to clear one of the many hurdles towards crypto-adoption in the country following the Supreme Court of India striking down the banking ban. Soon after the development, not only did many The post India: Binance's CZ recognizes P2P market potential as RBI still hesitates appeared first on AMBCrypto.
2020-5-5 11:00 | |
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Libra Association rethought the business model of stablecoin Libra amid tight confrontation with national regulators. Now Libra is planned to function as a digital version of several fiat currencies and only after receiving appropriate approvals of the country's authorities.
2020-4-21 23:13 | |
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On Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds ($3,200).
2020-3-31 21:45 | |
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Prince Harry is holed up in a foreign country with Meghan Markle and it sounds like he's starting to have some remorse. With his family oceans away, there's only one clear winner from the couples's move to Canada.
2020-3-18 04:57 | |
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Only a few days left for the second edition of the largest blockchain conference of MENA and Eurasia regions. The conference will be held in Turkey, a country which is turning into the most attractive meeting location for the whole crypto community.
2020-2-4 16:40 | |
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With the global health of banks not in a good space thanks to a potential financial crisis looming, some countries have essentially thrown in the towel sending their economies into a tailspin. Lebanon is one such country that is facing a banking crisis that is not only damaging its economy but also looks as if […] The post Bitcoin Highlighted as Lebanese Banks on Brink of Insolvency appeared first on BeInCrypto.
2020-1-28 09:18 | |
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The Securities Commission Malaysia has published the country’s guidelines on digital assets which set out the regulatory framework for token sales. All token offerings must now be carried out only through platforms approved by the commission.
2020-1-20 17:35 | |
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Japan has long been a hotbed for crypto adoption. Not only is the pseudonym of Bitcoin’s creator, Satoshi Nakamoto, Japanese, but some of the largest cryptocurrency companies have called the Asian country their home over the past decade.
2019-12-25 06:30 | |
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Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to the local regulations postulate.
2019-12-24 04:20 | |
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According to Dr. Arif Alvi, the President of Pakistan, the country’s industrial sector needs to prepare for dealing with disruptive tech, such as AI, blockchain, and IoT. Beware the Blockchain New, emerging technologies are spreading around the world, and while they may be well-known and common in some countries, they are only just arriving in some areas.
2019-12-18 13:30 | |
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China’s recent crackdown on cryptocurrencies may have caused Bitcoin whales to move huge quantities of BTC. China’s recent praises of blockchain technology do not seem to extend to Bitcoin and cryptocurrencies, as the country’s central bank launched another crackdown on crypto.
2019-11-23 16:00 | |
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Like it was with Libra until a few months ago, China's announcement of embracing blockchain caused a similar tension in not just the ecosystem but across countries as well. As the country announces deThe post China, not the only nation working on blockchain: Swiss State Secy appeared first on AMBCrypto.
2019-11-11 20:30 | |
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ProTravelcoin is a cryptocurrency designed to make your daily life easier from booking to stay and return. It’s a clever, convenient, affordable and above all secure payment option that makes it the perfect companion for all domestic and international travel.
2019-11-7 11:33 | |
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Finland’s crypto regulation is now in full effect. The first five crypto service providers have been approved to legally operate in the country, the Finnish financial regulator confirmed to news.
2019-11-5 14:20 | |
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America is not the only country manipulating its money in order to prop up a flagging economy. Today China unexpectedly injected billions in cash to prevent a fall in interest rates as the economy flounders following months of trading tensions.
2019-10-16 10:30 | |
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Venezuela has a stash of crypto's and it does not seem afraid to use them. The only problem is that the country does not seem completely sure about how to use them, also. As reported by Bloomberg, the central bank of Venezuela recently started tests in order to determine how to use it's cryptos to […]
2019-9-27 00:17 | |
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Nischal Shetty, founder of WazirX, shares his story building one of the only crypto exchange left standing in a country hostile to cryptocurrency. By engineering the first auto-matching P2P engine he was able to dodge regulatory pressure that shuttered many other major exchanges in India.
2019-9-23 22:37 | |
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Nischal Shetty, founder of WazirX, shares his story building the only crypto exchange left standing in a country hostile to cryptocurrency. WazirX dodged the regulatory pressure through innovation.
2019-9-23 22:37 | |
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The current crypto legislation before the Dutch Parliament not only mandates domestic companies register with the central bank but that foreign entities will not be allowed to conduct services within the country.
2019-9-11 02:00 | |
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After establishing a strong base with its ecommerce and streaming content business in India, Amazon is reportedly set to unveil its food delivery service in the country next month. According to a report by Mint, the company will start the service under its Prime Now banner first in Bengaluru, and then in Mumbai and New Delhi.
2019-9-6 13:25 | |
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Look up “hyperinflation” in the dictionary, and you’ll probably find a picture of Zimbabwe’s 100 trillion dollar bill. The country has become an unfortunate poster for economic mismanagement, but one project, Zimbocash, is seeking to heal Zimbabwe’s economic woes with a token on the TRON blockchain.
2019-9-6 19:59 | |
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The government of Argentina has imposed capital controls on its citizens in a response to growing financial issues for the country. The South American country has limited dollar purchases to only $10k per month after $3 billion was drained out of their foreign currency reserves on Thursday and Friday alone.
2019-9-2 00:07 | |
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Motorola launched its One Action phone in India today, with a dedicated wide-angle action camera. The brand, which once dominated India‘s mid-range segment with its G series of phones, has only just launched its third phone for the year in the country.
2019-8-23 11:29 | |
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There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines.
2019-8-18 03:30 | |
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There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines.
2019-8-20 03:30 | |
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A majority of Austrians are skeptic about decentralized cryptocurrencies like bitcoin, according to a new ING International survey. Only 13 percent of the participants from Austria expressed optimism towards cryptocurrencies, making the country of one of the world’s most prominent anti-bitcoin regions in terms of public sentiment.
2019-8-14 18:00 | |
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Argentine markets suffered what can only be characterized as a bloodbath on Monday, subjecting the peso, bonds, and local stocks to brutal declines. The reckoning spread beyond the shellshocked country’s borders, and one Nasdaq-listed firm dubbed the “Amazon of Latin America” suffered a merciless correction.
2019-8-13 21:38 | |
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Twitter said it has fixed two more bugs related to how it uses personally identifiable information to target personalized ads on the platform. The flaws mean Twitter may have inadvertently shared your data with advertising partners even if you had explicitly not granted permission to do so.
2019-8-8 09:28 | |
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According to a report out of Blocktempo, Cypherpunks Taiwan has successfully erected another Bitcoin satellite receiver. The island nation is apparently only the second country in Asia to do so after Japan pipped it to the post last year.
2019-7-27 13:09 | |
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Venezuela appears to be leveraging cryptocurrencies as part of a larger effort to bypass US sanctions. According to an investigation by Spanish newspaper ABC, President Nicolas Maduro and his administration are using a digital wallet app called Jetman Pay to convert tax revenue from one of the country’s main airports into Bitcoin and other cryptocurrencies.
2019-7-26 14:02 | |
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Peru’s race to evolve its legal system and adapt to the challenges of a “crypto society” has only just begun. In an interview granted to JusticiaTV, the official channel of the Peruvian judicial system, the Superior Judge of that country, Bonifacio Meneses Gonzales, asked Congress to regulate crypto to combat money laundering.
2019-7-25 20:45 | |
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The spotlight turned on Facebook over the past week by the U.S. Congress over its plans for the Libra cryptocurrency has only whetted the appetite for other countries to do the same. According to the Financial News, a British parliamentary committee has indicated that it will grill Facebook regarding its crypto project as worries grow […] The post Facebook’s Crypto Libra a Ploy to Become ‘Its Own Country’, Blasts UK MP appeared first on CCN Markets
2019-7-24 13:22 | |
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Reports have been coming in from the Canada Revenue Agency that the country is experiencing a massive surge in the number of tax evasion cases. According to the agency, the cases are not only directed towards individual citizens, but also large corporations hiding their transaction histories using the blockchain technology and violating local regulations in […] The post Tax evasions in Canada are on the rise – cryptos are primary suspects appeared first on CaptainAltcoin.
2019-7-20 16:32 | |
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Russia, with all its might, is one of the most dominant countries in terms of political presence and bureaucracy. However, its significant status did not resonate economically as Russia only has the 12th largest economy.
2019-7-15 01:30 | |
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P2P bitcoin trade is surging in Zimbabwe via mobile exchange platforms like Ecocash, despite recent government efforts to curb the use of competing currencies locally. As of June 24, the reinstated Zimbabwe dollar (formerly RTGS dollar) is now the only recognized currency in the economically embattled southern African country.
2019-7-13 20:30 | |
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The nuco. cloud (short term of nubes computatrum) is a cloudbased distributed computing network developed by the Iron Eagle Capital GmbH, based on BOINC (Berkeley Open Infrastructure Network Computing), the scientific computing cloud of the University of California, Berkeley, and Gridcoin.
2019-7-9 17:17 | |
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Malaysia’s capital markets regulator has warned all unregistered crypto exchanges doing business in the country to end operations and give back investor funds. In a press release, Securities Commission Malaysia indicated that only three digital asset exchanges were registered in the country.
2019-7-5 12:13 | |
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It’s no secret that mining bitcoin consumes an extraordinary amount of energy—in fact, more than the entire country of New Zealand. Such a level of energy consumption is not only a problem for the existential issue of climate change, but also threatens the sustainability of the entire bitcoin (and crypto) economy.
2019-6-30 18:00 | |
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After a month-long ban, US president Donald Trump said today that he’ll allow companies to sell equipment to Huawei. He met the Chinese president Xi Jinping at the G20 summit being held in Osaka, Japan.
2019-6-29 12:47 | |
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After a month-long ban, US president Donald Trump said today that he’ll allow companies to sell equipment to Huawei. He met the Chinese president Xi Jinping at the G20 summit being held in Osaka, Japan.
2019-6-29 12:47 | |
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Binance Launches New U. S. Division To Operate In The North American Country Binance, the most popular cryptocurrency exchange in the market, is working on its Binance U. S. division to launch its exchange in the country.
2019-6-14 01:02 | |
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This week, a report claims that certain government departments across the country are supporting an outright ban on the “sale, purchase and issuance of all types” or crypto including Bitcoin, and could lead to a jail sentence for up to 10-years in prison for using the digital asset class as its intended.
2019-6-8 04:02 | |
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Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet.
2019-6-1 21:48 | |
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Gridless’ co-founder Janet Maingi explains how her company’s Bitcoin mining work is helping to electrify rural Africa, leading to a better quality of life for those in the communities Gridless touches.
Bitcoin miners are emerging as dynamic energy buyers, using sophisticated strategies to adjust their energy consumption based on supply and demand.
In early November, Bitcoin mining profitability experienced a notable uptick, with the hash price—a key indicator of miner earnings—rising by 29% since the end of October.
Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.
The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.
The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.
As AI’s insatiable demand for compute grows, Bitcoin miners are increasingly looking to AI to pay the bills