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Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. дальше »
2021-6-22 05:30 | |
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Mad Money’s Jim Cramer Dumps His Bitcoin Over China Mining Crackdown and Ransomware Concerns
Mad Money host Jim Cramer said he has sold almost all of his bitcoin. He cited the Chinese government’s crackdown on bitcoin mining and concerns over bitcoin’s role in ransomware attacks. дальше »
2021-6-22 03:00 | |
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Why this is a 'tremendously positive' thing to have happened to Bitcoin
China may no longer be the hub of Bitcoin's mining activity it once was, as several bitcoin mining farms in the country were shut down by its government, in the last few months. As of yesterday, 26 miThe post Why this is a 'tremendously positive' thing to have happened to Bitcoin appeared first on AMBCrypto. дальше »
2021-6-22 02:30 | |
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Iran: Authorities Suspend Activities of Iran Blockchain Association
The Iranian government has suspended the Iran Blockchain Association (IBA) for reportedly violating laid down rules and operating contrary to its own articles of association. Iran Bans Blockchain Association According to the Financial Tribune on Sunday (June 20, 2021), the suspension of IBA’s activities was carried out by Iran’s Ministry of Interior. The IBA whichRead More дальше »
2021-6-22 23:00 | |
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Malta’s ‘Wild West’ Approach: Regulators Claim $70 Billion in Crypto Passed Through ‘Blockchain Island’
The island country of Malta in the Mediterranean Sea has been known to be friendly toward cryptocurrency solutions and blockchain technology for years now. According to a regional report, government sources say more than $70 billion moved through the country over past years while regulations were lax. дальше »
2021-6-22 22:00 | |
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The US Government Is Auctioning $377K Worth of Bitcoin and Litecoin
The U. S. government is selling bitcoin and litecoin worth $377K via the General Services Administration (GSA). The auction closes at 5 p. m. on Monday, with the possibility of an extended closing time. дальше »
2021-6-22 17:10 | |
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Tehran Government Bans Iran Blockchain Association
The Ministry of Interior of the Islamic Republic has suspended the Iran Blockchain Association (IBA). The measure comes after the organization allegedly breached government regulations. IBA unites participants in the country’s growing crypto sector who are engaged in blockchain technology development. дальше »
2021-6-21 16:00 | |
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China’s Sichuan Asks Bitcoin Miners To Shutdown Operations
According to reports, Sichuan’s Ya’an municipal government has asked Bitcoin miners to shutdown operations in the city. None of the three local sources available at the moment mention how long the crypto mines will remain closed. дальше »
2021-6-19 23:01 | |
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Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report
According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region. дальше »
2021-6-18 15:30 | |
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Paraguay to unveil Bitcoin legislations next month
Paraguay is set to unveil a crypto bill on the back of Bitcoin’s success story in El Salvador, a government official said this week. The post Paraguay to unveil Bitcoin legislations next month appeared first on CryptoSlate. дальше »
2021-6-18 12:00 | |
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Why Is Brock Pierce Leading An “Official Delegation of Bitcoin” In El Salvador?
Something is rotten in the state of El Salvador. The first nation to declare BTC as legal tender received no other than the infamous Brock Pierce. An “Official Delegation of Bitcoin Ambassadors” reportedly met with President Bukele and other government officials. дальше »
2021-6-18 10:28 | |
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World Bank Turns Down El Salvador’s Request to Help Execute Bitcoin Plans
The World Bank has said that it would not be able to assist the El Salvadoran government with its plans to officially make bitcoin the country’s second legal tender. World Bank Not in Support of El Salvador’s Bitcoin Ambitions According to Reuters on Wednesday (June 16, 2021), the World Bank turned down El Salvador’s requestRead More дальше »
2021-6-17 19:00 | |
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GSA To Add Litecoin For The First Time In Upcoming Cryptocurrency Auction
The US General Services Administration (GSA), which offers federal web-enabled auctioning services for surplus, forfeited and government property will add Litecoin for the first time on its fourth auction this year. дальше »
2021-6-17 15:47 | |
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China Taps Blockchain for Securing Electronic Delivery Platforms for Containers
China’s blockchain adoption drive is set for another use case with the government looking to utilize the novel technology in improving security protocols for electronic delivering platforms tasked with managing imported containers. дальше »
2021-6-17 14:00 | |
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Ethiopians Come Together to Get the Govt. of Africa’s Second-Most Populous Nation to Adopt Bitcoin
While central banks around the world are working on the digital version of their fiat currencies, El Salvador went ahead and declared Bitcoin legal tender. El Salvador has made the first move, and people in other countries now want their government to go the same route. дальше »
2021-6-17 19:22 | |
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Indian Government Review Bill That Proposed Ban on Cryptocurrencies
It has been reported that the Indian government and top industry stakeholders are revisiting provisions of the law that advocated a ban on cryptocurrency. The bill in question is dubbed the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 that was developed years back but never introduced during parliament’s budget session. Bloomberg Quint recentlyRead More дальше »
2021-6-17 19:00 | |
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El Salvadorian government discusses paying salaries in Bitcoin (BTC)
Three El Salvadorian government ministries are discussing whether they should allow firms in the country to pay salaries in Bitcoin (BTC/USD). A report unveiled this news on June 15, citing El Salvador’s minister of Labour and Social Welfare, Rolando Castro. дальше »
2021-6-16 14:33 | |
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Why Nigeria Could Be The Next Nation To Embrace Bitcoin
There has been a high level of speculation on the next country that could massively adopt Bitcoin. El Salvador’s new law granting BTC legal tender status has caused excitement, after its approval many politicians and government officials around the globe have shown support for pro-BTC legislation. дальше »
2021-6-16 20:52 | |
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Since It Adopted Bitcoin As Legal Tender, The World Is Looking At El Salvador
According to all metrics, El Salvador is all the rage right now. When the government announced that their citizens and all economic actors are legally allowed to use Bitcoin as legal tender, headlines all over the world reported on the news. дальше »
2021-6-15 07:27 | |
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Subcontractors and Builders Located in China’s Xiong’an New Area Are Being Paid in Digital Yuan
Xiong’an New Area, a state-level new area in Hebei, China, is seeing the use of onchain digital yuan payments, according to a circular issued by the Xiong’an government. The announcement details that Xiong’an subcontractors and builders are being paid using the central bank digital currency (CBDC) via the People’s Bank of China and the new […] дальше »
2021-6-15 00:30 | |
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The Head of Italy’s Stock Market Watchdog Concerned About ‘Savings,’ Calls for ‘Proper Oversight’ of Crypto
Italy's Companies and Exchange Commission President Paolo Savona is urging the government for clear regulation as the lack of it can damage the way the market operates, he said. Like other officials, Savona is also calling for more regulation, arguing cryptocurrencies could facilitate illegal activity such as tax evasion, money laundering, and the financing of […] The post The Head of Italy’s Stock Market Watchdog Concerned About ‘Savings,’ Calls for ‘Proper Oversight’ of Crypto first appeared on BitcoinExchangeGuide. дальше »
2021-6-14 17:39 | |
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Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight
Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will be carried out by various government departments. дальше »
2021-6-14 07:00 | |
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Why NFL’s Russell Okung Asked Nigeria To Adopt The Bitcoin Standard
Following El Salvador’s decision to grant Bitcoin the status of legal tender, other government officials in the region have hinted at adopting similar measures. Most of the interest seems to have a source in developing countries. дальше »
2021-6-14 21:00 | |
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Dutch Finance Minister Opposes Government Bureaucrat’s Push To Completely Outlaw Crypto
Wopke Hoekstra, the Dutch minister of finance, is opposed to a blanket crypto ban. In an interview with Dutch publication RTL, Hoekstra argued that a ban on cryptocurrencies as proposed by top economic advisor Pieter Hasekamp, is not a good solution to the country’s current concerns about the nascent sector. In case you missed it, […] дальше »
2021-6-14 20:38 | |
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UK Police Lobbying for New Laws Allowing Them to Freeze Cryptocurrencies
UK police are lobbying the government to change the laws to allow them to freeze cryptocurrencies. Scotland Yard detectives say currently account-freezing orders do not apply to cryptocurrency wallets, making it difficult for the police to stop criminals from transferring funds. дальше »
2021-6-13 18:00 | |
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Indian Government May Regulate Crypto as Asset Class: Report
India may be regulating crypto as an asset class under the purview of the Securities and Exchange Board of India (SEBI). In addition, a crypto bill is likely to be introduced during the Monsoon session of parliament, local media reported. дальше »
2021-6-13 06:30 | |
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Dutch Official Gives Reasons Why The Netherlands Should Ban Bitcoin In Its Entirety Immediately
Several people have poured their criticism on the call for the Netherlands government to ban Bitcoin and cryptocurrencies, as opinionated by Pieter Hasekamp, the director for Central Planning Bureau – a leading economic policy research institute in the country. дальше »
2021-6-12 14:01 | |
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Trouble Looms For Bitcoin As U.S Looks to Bar Holders From Converting Crypto To USD
Bitcoin is still not free from criticism from the U. S government. The cryptocurrency which was recently branded as a threat to the country by the former president of the U. S Donald Trump has gotten a lot of backlash from members of the recently held 2021 senate banking subcommittee hearing. дальше »
2021-6-11 22:32 | |
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“Netherlands Must Ban Bitcoin Now,” says Director for Economic Analysis
Pieter Hasekamp is calling for a complete ban on crypto — mining, trading, and holding because they are only good at privacy which is used by criminals, while government money works just fine with “hardly any currency devaluation. дальше »
2021-6-12 19:53 | |
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Ban cryptocurrencies as soon as possible – a Dutch official proposes
Pieter Hasekamp, Dutch Bureau for Economic Analysis, has stated that the government has to ban cryptocurrencies in the country. According to him, crypto assets are extremely volatile and a crash of the market is unavoidable. дальше »
2021-6-12 17:57 | |
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Iran’s President Wants to Legalize Bitcoin ‘As Soon as Possible’
Iranian President Hassan Rouhani is calling for the establishment of a legal framework for cryptocurrencies that will help discourage unauthorized crypto businesses. While speaking at the government’s Economic Coordination Board on Tuesday, where Rouhani talked about prices of essential consumer goods, he also made remarks about crypto and warned consumers of their risks. дальше »
2021-6-11 16:44 | |
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Iran Introduces Legal Framework for Crypto Despite Ongoing Mining Ban
This week the Iranian government released a statement regarding the need for a legal framework for crypto activities within the country. The post Iran Introduces Legal Framework for Crypto Despite Ongoing Mining Ban appeared first on BeInCrypto. дальше »
2021-6-12 15:13 | |
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Dutch economic advisor calls for a Bitcoin ban even as Central America is adopting the asset
An official of the Central Planning Bureau (CPB), an independent, publicly financed policy arm that advises the government of the Netherlands, said today that Bitcoin and other cryptocurrencies should be banned in the country. дальше »
2021-6-11 12:49 | |
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Dutch economic advisor calls for a Bitcoin ban
An official of the Central Planning Bureau (CPB), an independent, publicly financed policy arm that advises the government of the Netherlands, said today that Bitcoin and other cryptocurrencies should be banned in the country. дальше »
2021-6-11 12:49 | |
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India Reverses Crypto Stance, Considers Classifying Bitcoin As An Asset Class: Report
After years of India's hostile stance towards cryptocurrencies, the country is reportedly looking to classify Bitcoin as an asset class. India's Financial Regulator SEBI To Oversee Crypto Sector According to reports by The New Indian Press, the government has decided to skip its plans to ban cryptocurrencies and consider Bitcoin's classification as an asset class. дальше »
2021-6-11 20:30 | |
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India retraces steps on the crypto ban – considers regulation
India’s stance on cryptocurrencies has been a serious concern for crypto enthusiasts in the country. The government was initially planning to Bitcoin (BTC/USD) and cryptocurrencies, but it seems the officials are stepping back on their resolve. дальше »
2021-6-10 16:29 | |
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We want to make Bitcoin mining more climate-friendly – Argo Blockchain CEO
Chief Executive Officer of Argo Blockchain Peter Wall was speaking on CNBC recently, about the efforts taken so far to make Bitcoin and cryptocurrencies more climate-friendly He said the firm has answered several questions from Chinese crypto miners after the Chinese government announced a ban on Bitcoin and crypto mining. дальше »
2021-6-10 14:31 | |
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Iran’s Government Mulls Legal Framework for Crypto Regulations
The President of Iran, Hassan Rouhani, is looking to establish regulatory policies for the cryptocurrency industry. Meanwhile, crypto mining activities remain banned in the country. Iran Planning to Create Crypto Regulatory Policy According to local news media, the Iranian President made the statement while presiding over the Economic Coordination Board meeting held on Tuesday (JuneRead More дальше »
2021-6-11 13:00 | |
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China’s Qinghai Province Instructs Bitcoin Mining Operations to Shut Down
Following the report that indicates specific Chinese miners in the Xinjiang region were told by officials to shut down, another agency in Qinghai has informed miners to cease operations in a recently published government mandate. дальше »
2021-6-10 08:30 | |
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Mexico, too, wants to jump on the crypto train as El Salvador legalizes Bitcoin
Federal government of Mexico representative, Eduardo Murat Hinojosa announced on Twitter he is taking action to push forward Bitcoin and crypto adoption in the country. The post Mexico, too, wants to jump on the crypto train as El Salvador legalizes Bitcoin appeared first on CryptoSlate. дальше »
2021-6-10 01:00 | |
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Iran’s President Wants Crypto ‘Laws and Instructions’ Implemented as Soon as Possible
Iranian president Hassan Rouhani discussed cryptocurrencies at the most recent meeting of the government’s Economic Coordination Board and told participants that regulatory policy is needed to protect consumers. дальше »
2021-6-10 00:30 | |
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The 4th Richest Bitcoin Whale bought 12,000 bitcoins at an average price below $40k in past three weeks
Yesterday’s sell-off might just be the dumbest move we saw happen in the bitcoin crypto market. People were panicking all over again, but this time- it was not China FUD or any mining-related issue; it was mainstream media and US government officials spreading fake news on bitcoin wallets being hacked. дальше »
2021-6-10 20:42 | |
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