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CIO Claims The Government Will “Stop The Music” On Bitcoin
Sentiment has sharply switched bearish on Bitcoin, and those that never liked the cryptocurrency in the first place are now out in droves doing further damage to the coin’s rep. The latest to add to fuel to the flames of FUD in crypto, is Amundi CIO Pascal Blanque, who says Bitcoin is a “farce,” is […] дальше »
2021-6-3 19:08 | |
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Biden Administration Expanding Cryptocurrency Analysis to Find Criminal Transactions
The U. S. government is expanding its cryptocurrency analysis in a strategy to find and pursue criminal transactions. This comes in the wake of a rising problem of ransomware involving cryptocurrency, such as bitcoin. дальше »
2021-6-3 20:00 | |
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Cheap Power Is Creating a Bitcoin Mining Boom in Argentina
Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate than the official one, is enticing more and more individuals to enter the […] дальше »
2021-6-2 11:00 | |
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More Heat For The Bitcoin Market As Chinese Investors Combat Government Restrictions
Chinese investors are paying no mind to the government warnings on over-the-counter cryptocurrency trading as they rush into the market in large numbers to accumulate their own share of cryptocurrencies, with a lot of attention being placed on Bitcoin. дальше »
2021-6-2 01:23 | |
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Argentina: Number of Bitcoin (BTC) Miners Increases Amid New Government Subsidies
Data from Bitinfocharts shows that the last month had very low Bitcoin fees around $7. 27 from highs of $64 per transaction. Meanwhile, the government of Argentina has brought about generous electricity subsidies that are turning more citizens into Bitcoin miners amid economic uncertainty. дальше »
2021-6-2 21:00 | |
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Chinese traders defy the current crypto crackdown by betting secretly
Chinese crypto investors are going against the government’s largest crackdown on crypto since 2017 by placing secretive bets. A report unveiled this news on May 31, noting that this development shows just how hard the Chinese government has to work to control the speculative boom in cryptos. дальше »
2021-6-1 22:02 | |
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How Ethereum Could Power A CBDC, According To A Chinese Goverment Official
Yao Qian, a member of The China Securities Regulatory Commission, presented a case where a possible Digital U. S. dollar and the Digital Yuan run on top of Ethereum’s network. The government official spoke on The International Financial Forum (IFF) 2021 in Beijing on May 30th. дальше »
2021-6-1 21:22 | |
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Japan’s Top Financial Watchdog Sends a Warning Crypto Derivatives Exchange Bybit
The Japanese government’s Financial Services Agency (FSA) has issued a warning to the crypto derivatives exchange Bybit claiming that the trading platform is allowing residents of Japan access to the exchange. дальше »
2021-6-1 17:00 | |
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South Korean Financial Supervisory Service Tasked With Crypto Market Oversight
The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the job after prolonged discussions over which Korean regulator should be responsible for the industry. дальше »
2021-6-1 13:00 | |
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Digital yuan conceived to counter Alipay-like platforms, says former PBoC executive
Chinese "crypto dad" and ex PBoC director Yao Qian insists digital yuan is not a surveillance tool for the government.
дальше »2021-6-1 12:33 | |
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China: Crypto traders turn to OTC platforms amidst Bitcoin crackdown
Millionaires in China are turning to over-the-counter services to trade and buy Bitcoin and other cryptocurrencies even as the local government says it would crackdown on the sector, as per a report on business outlet Bloomberg today. дальше »
2021-6-1 10:22 | |
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Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications
Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. дальше »
2021-5-31 09:00 | |
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South Korea: FSC tasked with crypto-compliance as 20% crypto-tax plans move ahead
The government of South Korea is planning to impose a 20% tax on gains from cryptocurrency transactions. The plan is to impose this law starting next year, with the same reiterated by the government oThe post South Korea: FSC tasked with crypto-compliance as 20% crypto-tax plans move ahead appeared first on AMBCrypto. дальше »
2021-5-29 13:30 | |
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Why The VeChain Foundation Met With China’s Government Officials
Via its official Twitter handle, the VeChain Foundation confirmed a meeting with government officials from three important Chinese districts. Representatives from Shanghai, Changing, and Huangpu visited the organization’s office in Singapore. дальше »
2021-5-29 22:53 | |
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Crypto will ‘come to life’ in Nigeria, central bank governor says
Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities.
дальше »2021-5-28 12:02 | |
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Chinese Officials Are Investigating Crypto Mining Operations
Regulators in China’s Sichuan province are gathering information on cryptocurrency mining, potentially leading to a full crackdown on the practice, Reuters reports. The news comes after the Chinese government announced it will “crack down on bitcoin mining and trading behavior, and resolutely prevent the transfer of individual risks to the society” according to a statement. дальше »
2021-6-8 22:56 | |
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First Bitcoin, now Ethereum: What you need to know when dealing with inflation concerns
"We are printing money, we are creating government bonds, we are borrowing on unprecedented scales. Those are things that surely create more of a risk of a sharp dollar decline than we had before". дальше »
2021-5-27 20:00 | |
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Indian crypto adoption is imminent- Rajya Sabha MP Subramanian Swamy views it as a subject of future, calls it ‘Unstoppable.’
The Indian government has always been passive when it comes to cryptocurrencies and how they can have a real human impact in the near future. Speaking on this same topic, Rajya Sabha MP Subramanian Swamy shared his thoughts from an economist perspective and highlighted how effective this technology could be. дальше »
2021-5-28 18:26 | |
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Chile Deploys Blockchain to Track Renewable Energy Usage
Using Renova, the government and other stakeholders aim to prove that the mining is actually energy efficient using renewable energy. The post Chile Deploys Blockchain to Track Renewable Energy Usage appeared first on BeInCrypto. дальше »
2021-5-27 16:30 | |
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Iran bans crypto mining – a long period of inactivity ahead for miners
In a bid to cut down on power consumption, Iran’s government has banned the mining of Bitcoin and other cryptocurrencies until the nation’s power issue is resolved. On Wednesday, the country’s president Hassan Rouhani stated that there have been energy-intensity blackouts in some Iranian cities. дальше »
2021-5-28 13:55 | |
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Hong Kong Goes Full Ham On Unlicensed Bitcoin Trading Platforms
In what seems like a further crackdown on freedoms in Hong Kong, the Securities and Futures Commission (SFC) said Bitcoin exchanges operating in the territory should be subject to licensing. The SFC proposal seeks to enforce the ruling by levying heavy fines and tough prison sentences on non-compliant persons. дальше »
2021-5-27 03:00 | |
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Iran Government Blames Bitcoin Miners For Power Outages, Bans Crypto Mining For 4 Months
Bitcoin miners have been on the hot seat this year. The market recently reacted to the Chinese government cracking down on mining activities with investors rolling out cash from the Bitcoin market. The unrest seems to be far from over as the Iranian government has also clamped down on cryptocurrency activities in the country. According […] дальше »
2021-5-27 20:46 | |
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US Regulators Urgently Working on Joint Cryptocurrency Regulation: Fed’s Quarles Says It’s ‘High Priority’
U.S. government agencies are urgently working together on a joint regulatory framework for cryptocurrencies, Federal Reserve Vice Chair of Supervision Randal Quarles has confirmed. “We along with the OCC and the FDIC are engaged right now in what we are calling a sprint in seeking to pull together views on” crypto regulation. US Agencies Collaborating […] дальше »
2021-5-26 17:00 | |
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Bitcoin (BTC) miners in China are about to face hasher crackdowns
China is making its sanctions on Bitcoin miners even tougher after its Inner Mongolia regional government set out more stringent punishment for violators. On Tuesday, the Inner Mongolia, National Development and Reformation Commission (NDRC) issued a proposal, outlining 8 areas that are perceived as illegal for crypto mining activities. дальше »
2021-5-26 11:15 | |
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Crypto Miners In China Selling Their Bitcoin & Mining Machines After Government’s Action Sparks Fear
Chinese Bitcoin miners don’t appear keen on waiting around to find out what their fates will be in the wake of the government’s announcement over an inbound crackdown. In a joint statement published last week, the Chinese Premier and State Council voiced an intent to clamp down on Bitcoin mining in the country, causing the […] дальше »
2021-5-26 18:19 | |
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China Announces Huge Crackdown on Cryptocurrency Mining
According to a new announcement by the Chinese government, the country is looking to crack down on cryptocurrency mining. The Thursday statement, penned by the State Council’s Financial Stability and Development Committee chaired by Vice-Premier Liu He, comes just three days after regulators banned any financial institutions from doing any business related to cryptocurrencies. дальше »
2021-6-8 17:44 | |
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ETN-Network CEO and Founder invited to panel on blockchain for social impact at Blockchain for Europe Summit 2021
Tech experts have found blockchain use cases in banking and financial markets, supply chains, health care, government, elections, and, in essence, the distributed ledger technology... дальше »
2021-5-25 07:18 | |
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Ray Dalio Owns Bitcoin, Would Settle for BTC over Government Bonds
Ray Dalio, the founder of Bridgewater Associates LP, in an interview with CoinDesk, has revealed that he owns Bitcoin. Bitcoin over Government Bonds The billionaire hedge fund leader—who has previously expressed his concerns about Bitcoin and cryptocurrency, further added that he would rather own Bitcoin than government bonds. дальше »
2021-5-25 01:30 | |
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Coinbase hires ex-Goldman exec to lead regulatory issues
Coinbase Global Inc (NASDAQ: COIN), operator of a cryptocurrency exchange platform, in a blog post earlier today announced that Faryar Shirzad will join the company as the Chief Policy Officer. In his most recent role, Shirzad served as the Global Co-Head of the Office of Government Affairs at Goldman Sachs. дальше »
2021-5-25 19:13 | |
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Top Bitcoin Miner Explains Implications Of China’s New Policies Against This Sector
China is set to clarify its new policy for the Bitcoin mining sector in the coming weeks. For the first time, a high-ranking Chinese government official has spoken about a change in the status quo that rules this BTC mining. дальше »
2021-5-24 17:16 | |
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Bitcoin miners are shutting down Chinese operations after Vice Premier’s comments
Chinese Bitcoin miners are scrambling to shift or shut operations after the latest round of ‘crypto FUD’ initiated by the government, a report on news outlet Reuters said today. The post Bitcoin miners are shutting down Chinese operations after Vice Premier’s comments appeared first on CryptoSlate. дальше »
2021-5-24 11:01 | |
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Billionaire David Rubenstein Says ‘Unrealistic’ to Think Government Will Stop Cryptocurrency From Being What Investors Want
The Carlyle Group’s co-founder, David Rubenstein, says that the idea of the government stopping cryptocurrency from being something that investors want is unrealistic. He believes that cryptocurrency is here to stay. дальше »
2021-5-24 21:00 | |
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Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption
Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto miners burn much more energy. Licensed Crypto Miners Use 300 MW, […] дальше »
2021-5-23 07:00 | |
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China’s Absolute Control Over Digital Yuan Will Boost Demand for Cryptocurrencies, Says Analyst
China’s push for the digital yuan will boost demand for cryptocurrencies, according to an analyst at BK Asset Management, citing that the Chinese government wants “absolute power” over the wealth and income of its citizens. дальше »
2021-5-23 19:00 | |
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MicroStrategy’s Saylor On Why China Banning Bitcoin Mining Completely Could Ignite The Most Bullish Cycle
The Chinese government has made its intention to crack down on Bitcoin mining public, with Premier Liu He announcing as much this Friday. The world’s most expensive digital currency has undergone a massive bearish move over the past week, with Elon Musk poking a hole in pertinent affairs and news of China’s strengthened stance breaking […] дальше »
2021-5-22 18:06 | |
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Market Bloodbath Continues as Chinese Government Mulls Banning Bitcoin Mining Activities
The Chinese government has doubled down on its anti-cryptocurrency regulations. Recent reports reveal that government officials called for a crackdown on bitcoin trading and mining activities. Another China FUD? In a meeting held on Friday (May 21, 2021), the Financial Stability and Development Committee of the State Council, headed by Liu He, vice Premier ofRead More дальше »
2021-5-22 01:00 | |
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‘Reiterated FUD’ – Chinese Government to Continue Monitoring Bitcoin Mining Sector
A recent report from the Chinese government’s financial committee has reiterated the country’s stance on bitcoin mining and that it would continue to monitor the sector closely. The report follows a recent article from Reuters published three days ago, which also reiterates China’s older warnings against the crypto industry. дальше »
2021-5-22 21:00 | |
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Breaking: China Bans Crypto For the 100th Time; Hong Kong Proposal Seeks to Restrict Retail Traders From Exchanges
Cryptocurrency exchanges in Hong Kong are set to be prohibited from offering services to retail crypto traders following a new government proposal. Hong Kong Floats New Proposal On Licensing Crypto Firms The legislative proposal, which Hong Kong's Financial Services and Treasury Bureau (FSTB) floated, has now moved past its consultation period, Reuters report. дальше »
2021-5-22 19:42 | |
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India Rethinking Anti-Crypto Stance, Likely to Set Up Panel to Suggest Regulations
In what could be a major development, the Indian government is rethinking its stance on the country’s fledgling but promising crypto industry. Official sources have informally confirmed that the government is planning to set up a new committee to study the latest developments in the field of cryptocurrencies and blockchain technology and suggest proper regulations. […] дальше »
2021-5-21 16:14 | |
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SEC Wins Right to Access Information Overseas Against Ripple
The SEC has won the right for foreign assistance in the ongoing battle against Ripple. Earlier, the technology company was trying to block the government body from getting further regulatory information from overseas. дальше »
2021-5-21 15:40 | |
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