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Bitcoin is Not a Replacement for Gold’s Near $8 Trillion Market Cap, Says World Gold Council
It is well-known that blockchain is a very destructive technology, and crypto, by its very nature, is set up to compete with and possibly overtake fiat currency at some point in the future and this was made obvious when a viral campaign called #dropgold hit the internet, which was backed up by Grayscale Investment. The […] дальше »
2019-5-3 18:17 | |
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World Gold Council Blinks, Claims Bitcoin’s ‘No Replacement for Gold’
By CCN: Gold may have a value of $7. 8 trillion, but it isn’t happy about giving any of that up to bitcoin, the latter of which has a market cap of $97. 2 billion. A day after Grayscale unleashed its “Drop Gold promotion, a TV commercial that garnered 100,000 views in less than 24 hours, the World Gold Council is clapping back. дальше »
2019-5-3 23:00 | |
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Regulatory Sandbox to Be Established Soon in Austria
According to a report released on April 25, 2019, Austria is planning to review and establish a fintech regulatory sandbox in an attempt to align financial markets around digitized services, ICOs and cryptocurrencies with the country’s law and help grow the market. дальше »
2019-4-29 15:00 | |
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Hong Kong Bitcoin Mining Suffers A Setback Due To ‘Trade Descriptions Ordinance’ Restrictions
Bitcoin Mining Takes A Blow As Hong Kong Announces New Restrictions On Mining – Does This Spell Out A Change In Attitude Towards Cryptocurrencies? Over the beginning of this month, the Hong Kong Secretary responsible for Financial Services as well as the Treasury, James Lau made the Legislative Council that, according to regulations set out […] дальше »
2019-4-25 00:00 | |
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Hong Kong Restricts Bitcoin Mining, Will it Lead to a Change in Attitude Towards Crypto?
At the start of this month, James Lau, Hong Kong’s Secretary for Financial Services and Treasury, informed the Legislative Council that the purchase of mining equipment falls under the Trade Descriptions Ordinance. дальше »
2019-4-24 16:35 | |
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Hong Kong Bitcoin Traders Guilty of ‘Unfair’ Mining Sales Face 5-Yr Prison Term
By CCN. com: Hong Kong’s Secretary for Financial Services and the Treasury, James Lau, has clarified to the city-state’s Legislative Council that commercial transactions relating to Bitcoin mining devices are protected under the Trade Descriptions Ordinance. дальше »
2019-4-4 15:34 | |
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Canada: Property Tax Payable with Bitcoin in Ontario Town
Innisfil, a town in Ontario, Canada, is ready to embrace digital currencies after its council voted in favor of a one-year cryptocurrency pilot project which will enable people to pay property taxes with bitcoin (BTC), reports CBC, March 28, 2019. дальше »
2019-3-30 22:00 | |
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Innisfil Becomes First City in Canada to Accept Bitcoin for Municipal Taxes
Ohio might have made history as the first city to accept cryptocurrency for corporate taxes, but one Canadian town is adding its name to the books by becoming the first in North America to permit its citizens to pay their personal taxes in bitcoin. дальше »
2019-3-28 19:04 | |
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Swiss Government Set to Apply Federal Law to Domestic DLT Space
In a bid to eliminate regulatory uncertainty and promote innovation as well as investor protection, the Swiss Federal Council has launched a consultation paper aimed at making federal law applicable to its distributed ledger technology (DLT) ecosystem, this according to a press release on March 22, 2019. дальше »
2019-3-24 10:00 | |
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French Courts Adopt IBM’s Blockchain Solution for Registry Management
The French National Council of Clerks of Commercial Courts (NCC) has announced the integration of IBM ‘s distributed ledger technology (DLT) solution into its operations in a bid to streamline the management of commercial and corporate registry, according to a press release published March 14, 2019. дальше »
2019-3-18 10:00 | |
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UN Security Council Panel Fingers North Korea in $600+ Million Virtual and Foreign Currency Theft
North Korea, an Asian country known for its military nuclear weapons program, is using cyber attacks and the nascent blockchain technology to dodge economic sanctions, acquire much-needed foreign currency, and cover its tracks, reported the Nikkei Asian Review on March 8. дальше »
2019-3-11 16:29 | |
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Unexpected Bitcoin Whale: North Korea May Own Millions In Crypto
Bitcoin Can Help Kim Avoid Sanctions In a recent U. N. Security Council meeting, a panel of industry experts claimed that North Korea could have upwards of $670 million worth of currencies that isn’t the nation. дальше »
2019-3-9 03:49 | |
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UN Panel: North Korea Hacked $571M From Asian Crypto Exchanges
The U.N. Security Council has heard that North Korea uses cyberattacks and blockchain technology to evade economic sanctions and obtain foreign currency. Through hacking, the reclusive Republic has raked in around $670 million in foreign exchange and cryptocurrency, a panel of experts told the Security Council’s North Korea sanctions committee, ahead of the council’s annual […] The post UN Panel: North Korea Hacked $571M From Asian Crypto Exchanges appeared first on Bitcoin News. дальше »
2019-3-9 23:25 | |
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Putin’s Bitcoin Regulation Deadline Might Not Lead to Actual Crypto Rules
Bitcoin skeptic Vladimir Putin has set a July 2019 deadline for crypto regulations to be put in place in Russia. Putin made the announcement on the Kremlin website in a February 27 notice. In his order, President Putin told the Russian State Duma and the Council of the Federation of Russia to adopt cryptocurrency rules by July 1. дальше »
2019-3-1 00:52 | |
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Russia Leads Central Banks’ Record Hoarding on Physical Gold, Expert Explains When the Switch to Bitcoin
The amount of gold bought by central banks in 2018 has reached the second highest annual total. Since 1967, this is the most amount of gold volume bought by central banks. According to the World Gold Council estimate central banks now hold about 34,000 tons of gold. дальше »
2019-2-11 01:05 | |
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Palestinian Fundamentalist Group Hamas Receives Funding via Bitcoin
In a particularly interesting case study for the consequence of Bitcoin’s global impact, the internationally recognized terrorist group Hamas has announced that it will accept bitcoin to fund itself. дальше »
2019-2-5 21:41 | |
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World Gold Council: Bitcoin is No Substitute for Gold
As the largest and most established cryptocurrency, Bitcoin has earned a reputation among many as “digital gold. ” Long-term HODLers and Bitcoin proponents either compare Satoshi’s invention to the precious metal or claim that it’s better than gold. дальше »
2019-1-31 00:00 | |
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World Gold Council Report: Bitcoin & Crypto Assets are not a Viable Gold Safe-Haven Substitute
Yesterday, the World Gold Council released its latest report in which it dismissed the norm of Bitcoin and cryptocurrencies being a safe-haven. Pointing out the cryptocurrencies’ worst performance in late 2018 when Bitcoin fell down to its lowest in a year at $3,150 and other top cryptocurrencies crashed 90 to 95 percent, it was also […] дальше »
2019-1-30 20:47 | |
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World Economic Forum Appoints Bitpesa Founder to Co-Chair of Global Council on Blockchain
On January 24, 2019, the World Economic Forum announced it has chosen BitPesa Founder Elizabeth Rossiello to become a member of the Global Blockchain Council. World Economic Forum Targeting the Best According to Business Wire, Rossiello, CEO and founder of BitPesa, was invited to take part in the Global Council on Blockchain. дальше »
2019-1-27 16:00 | |
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Saudi-Emirati Coordination Council Launches a Pilot Cryptocurrency
After more than a year since the crypto market’s massive correction in early 2018, none of the various predictions about an equally massive rally that might catapult prices back to its late 2017 highs have materialized. дальше »
2019-1-23 15:29 | |
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Saudi Arabia and the United Arab Emirates (UAE) to Launch Pilot Cryptocurrency for Cross-Border Payments
Saudi Arabia and the UAE have launched a cryptocurrency aimed at facilitating cross-border payments. The new digital asset was unveiled during the first meeting of the Saudi-Emirati Coordination Council held on January 19, 2019, in Abu Dhabi, according to a WAM report. дальше »
2019-1-22 18:01 | |
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Denmark Investigating Bitcoin Exchanges to Find Tax Defaulters is Troubling
Denmark’s tax agency has received the council’s permission to scrutinize three local crypto exchanges. Skat in its Monday press release confirmed that it would obtain information on traders who were investing in cryptocurrencies such as Bitcoin between 2016 and 2018. дальше »
2019-1-21 16:00 | |
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Israel’s Head of National Economic Council Bashes Bitcoin and Its “Intrinsically Inefficient” Model
During the Bitcoin Summit, one of the largest to date to take place in Israel, the head of the National Council, Avi Simhon evidently discussed the inabilities of cryptocurrencies, how bitcoin is “intrinsically inefficient” and soon doomed for extinction reports Coin Telegraph. дальше »
2019-1-8 21:34 | |
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Israel National Economic Council Chair: BTC 'Intrinsically Inefficient, Will Disappear’
The head of Israel’s National Economic Council and senior economics advisor to the prime minister has denounced Bitcoin as “intrinsically inefficient,” predicting it will disappear
дальше »2019-1-8 13:12 | |
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British Lawmaker Proposes Tax and Utility Bill Payments in Bitcoin
U. K. lawmaker Eddie Hughes has proposed that taxpayers should have the option to pay council tax and utility bills in cryptocurrencies such as BTC. The 50 year-old conservative legislator for the Walsall North constituency said the move would place the country at the forefront of digital currency adoption in Europe. дальше »
2018-12-12 23:55 | |
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Bill Buchanan Becomes the Fourth Member of the IOTA Research Council
The IOTA Research Council was announced recently by the IOTA Foundation. It will work as an overseeing body that will monitor and provide guidance to the IOTA research team and also help to bring academics and researchers together. дальше »
2018-11-19 13:59 | |
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IOTA’s Serguei Popov Introduces the IOTA Research Council
The IOTA Foundation has recently added four new members to its ever-growing research team that is quickly becoming one of largest research divisions in the distributed ledger industry. To oversee the research teams work, mathematician Serguei Popov recently announced the creation of the IOTA Research Council. дальше »
2018-11-17 14:59 | |
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Colorado and California Just Elected Pro-Bitcoin Governors
Following the 2018 midterm elections, the U. S. will see two new pro-Bitcoin governors sworn into office. Jared Polis (D-CO) and Gavin Newsom (D-CA) both won out against their respective Republican contenders last night, November 6, 2018. дальше »
2018-11-7 20:44 | |
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NEO Details the Process of Becoming a Consensus Node on Its Network
The NEO public blockchain project backs NEO, the 15th largest cryptocurrency in the world. It has two distinctive tokens, NEO (NEO) and NEOGas (GAS). Of these two, NEO has 100 million tokens of which 50 million have been distributed to supporters while the other 50 percent is managed by the NEO Council to support the […] NEO Details the Process of Becoming a Consensus Node on Its Network was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-11-6 22:59 | |
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Al Zarooni Group and Crypto Bulls Launch UAE’s First Officially Registered Cryptocurrency Exchange
The Khaleej Times reported on Oct. 30th that Al Zarooni Group collaborated with Crypto Bulls exchange and Gulf Gold Coin (GCG) to launch United Arab Emirates’ first officially registered cryptocurrency exchange. дальше »
2018-11-2 20:59 | |
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Indian Government Continues to Subdue Crypto Market with Potential Ban on Using Bitcoin
Indian Government Continues to Subdue Cryptocurrency Market with Potential Ban on Using Crypto India has kept an aggressive stance against cryptocurrency for quite some time, but it seems that they are not coming up short on ways to restrict consumers from using it. дальше »
2018-11-1 00:42 | |
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Indian Officials Consider Ban on “Private Cryptocurrencies”
Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance. дальше »
2018-11-1 22:37 | |
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MLG Blockchain CMO Appointed As Martech Council Member for the Canadian Marketing Association
MLG Blockchain’s partner and chief marketing officer Joaquim Miro will now serve as a member of the Martech Council for the Canadian Marketing Association (CMA). He will be instrumental in establishing the blockchain marketing space via thought leadership, education and strategic tools. дальше »
2018-10-29 18:59 | |
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Connecticut’s West Haven City Council Agrees to Pay a $2,000 Bitcoin Ransomware Demand
Connecticut’s West Haven City Council Agrees to a $2,000 Demand to get rid of a Ransomware Connecticut’s West Haven City Council has paid a whopping $2,000 in bitcoin to cyber criminals in order to get rid of a malware. дальше »
2018-10-28 17:29 | |
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West Haven City Council Pays $2,000 Ransomware Demand
Ransomware attacks are still a pressing problem in 2018. Although such stories have seemingly become less apparent in the past few months, the city of West Haven in Connecticut was forced to make a crucial decision. дальше »
2018-10-27 21:09 | |
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Ephrata City Council Bans Crypto Mining Activities for One Year
Grant County cities do not intend to allow crypto mining activities in their region. The latest city in the region to ban cryptocurrency mining is Ephrata. The city council on Wednesday voted to block new operations for digital currency mining for the next 12 months. дальше »
2018-10-23 07:04 | |
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Ephrata Initiates Yearlong Ban On Cryptocurrency Operations
Ephrata City joins other U. S. cities like Plattsburgh, Salamanca, and Grant County by banning cryptocurrency operations. According to The Spokesman Review’s article published on October 19, 2018, the Ephrata City Council voted on Wednesday to ban any cryptocurrency developments over the next 12 months because of its impact on residents. дальше »
2018-10-23 01:03 | |
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Op Ed: Why Satoshi Nakamoto Deserves a Nobel Prize
Alfred Nobel died with regrets. After making a fortune off of explosives, he indicated in his will that his fortune should be used to make a prize awarded each year to those who “conferred the greatest benefit to humankind. дальше »
2018-10-23 23:22 | |
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Bitcoin Developer’s Exchange Could Be the First Within the GCC Region
Talks of Bahraini cryptocurrency exchange Rain expanding into the GCC emerged on October 10, 2018, which would make Bitcoin developer Jimmy Song’s exchange the first in the region. The GCC, also known as the Gulf Cooperation Council, is a region within the middle east that includes all Arab States of the Persian Gulf except Iraq. дальше »
2018-10-13 13:00 | |
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Taipei City Council Candidate Receives Taiwan’s First Political Donation in Bitcoin
A Candidate for the Taipei City Council (TCC) has received the country’s first political donation in bitcoin, saying the development had both political and technological implications, Yahoo News reported on September 20, 2018. дальше »
2018-9-23 17:30 | |
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Brazil’s Biggest Banks Under Investigation For Monopoly In Cryptocurrency Trade
Some of Brazil’s biggest banks have come under investigation for alleged monopolistic tendencies in the trade of bitcoin and other cryptocurrencies. The Administrative Council for Economic Defense, a transparency and competition body, accuses the financial institutions of shutting down accounts of brokers trading cryptocurrency without merit. дальше »
2018-9-20 04:25 | |
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Another US City Imposes a Moratorium on Crypto Mining
The city of Salamanca in the U.S. state of New York is reportedly establishing a moratorium on cryptocurrency mining operations in the city. This will stop crypto miners from “using up all the residents’ power and effectively make all of them get a price increase on their utility bills,” a member of the city’s council […] The post Another US City Imposes a Moratorium on Crypto Mining appeared first on Bitcoin News. дальше »
2018-8-11 16:20 | |
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Liverpool Is Aiming to Become ‘Climate Positive’, Partners With a Blockchain Company
In an effort to become the first climate-positive city by 2020, the Liverpool City Council has decided to reduce its carbon emissions by up to 110 percent. They will achieve their goals with the help of a blockchain platform called Poseidon Foundation. дальше »
2018-7-23 17:05 | |
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Ukrainian Authorities Agree to Regulate Bitcoin and Other Cryptocurrencies as Financial Instruments
In spite of the vibrant nature of the Ukrainian cryptosphere, digital currencies remain unregulated in the region. However, the situation is finally about to change for the better. The head of the National Securities and Stock Market Commission (NSSMC), Timur Khromaev, announced on Facebook on July 20, 2018, that the country’s Financial Stability Council has thrown its weight behind the. дальше »
2018-7-22 03:00 | |
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Ukraine’s Financial Stability Council Supports Crypto Regulatory Concept
Ukraine has taken a positive step towards legalizing cryptocurrencies. A new regulatory concept, one that recognizes coins and tokens as financial instruments, has won support from the members of the country’s Financial Stability Council. дальше »
2018-7-21 02:10 | |
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Russian Agents Indicted for Tampering in 2016 Election Used Bitcoin to Fund Operations
12 Russian ex-military agents were indicted today by special council Robert Mueller as part of his investigation into Russian interference in the 2016 election. The indicted parties are accused of hacking into the Democratic National Committee and the Clinton presidential campaign. дальше »
2018-7-15 08:11 | |
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Russian Agents Indicted for Tampering in 2016 Election Used Bitcoin to Fund Operations
12 Russian ex-military agents were indicted today by special council Robert Mueller as part of his investigation into Russian interference in the 2016 election. The indicted parties are accused of hacking into the Democratic National Committee and the Clinton presidential campaign. дальше »
2018-7-14 03:38 | |
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Taiwan Aims to Become Major Player in Blockchain Development
Taiwan’s government has big plans for blockchain technology as it hopes to become a major destination for blockchain development. The country’s Financial Supervision Commission is collaborating with the National Development Council to utilize blockchain technology beyond the cryptocurrency market. дальше »
2018-7-9 14:59 | |
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Digital Future Council Assembles Roster of Industry Leaders in Media, Tech
The Digital Future Council made its public debut on June 18, 2018, at the 2018 Cannes Lions International Festival of Creativity. With founding members from such organizations as IBM, Vice, CNN, Lego and Warner Bros. дальше »
2018-6-20 21:56 | |
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