Municipal Crypto Spreading Around the World, From California to Dubai
From Berkeley to Catalonia to Dubai, cities are exploring how to incorporate cryptocurrencies into their governance Go to Source Powered by WPeMatico
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Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned
According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into the Iranian economy. Also read: Bitcoin Miner Recounts Struggle to … Read more
Police in China Seizes 4,000 Crypto Miners After Abnormal Energy Spike
Police in China arrested 22 suspects involved in illegal crypto mining resulting in energy loss worth of nearly $3 million Go to Source Powered by WPeMatico
FDD Assesses Risks of Crypto Use by Countries Under US Sanctions
The FDD has analyzed how countries such as Russia, China, Venezuela, and Iran are deploying digital currency technology Go to Source Powered by WPeMatico
Bitcoin Cash Community on Bitkan’s K-Site Raises Funds for BCH Development
Last year news.Bitcoin.com spoke with the cofounder of Bitkan, Fang Yu, about the company’s K-Site project, which acts as a decentralized media outlet, micro-blog and forum with rewards. Just recently, Bitkan spoke with news.Bitcoin.com about K-Site’s growth and how the platform’s BCH community raised funds for the Bitcoin Cash Development Fund. Bitkan highlighted that the … Read more
Facebook’s Libra Concept Will Impact Cross-Border Payments: Ex-PBoC Chief
A former governor of the People’s Bank of China has indicated that Beijing may delegate the issuance of digital currency to commercial entities Go to Source Powered by WPeMatico
How 10 Countries Respond to Facebook’s Libra Cryptocurrency
A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements. Also read: G20 Leaders Issue Declaration on Crypto Assets – … Read more
Vanuatu Extradicts Six Chinese Citizens Allegedly Involved in Crypto Scheme
Six suspects in an alleged cryptocurrency scheme have been extradited to China from Vanuatu Go to Source Powered by WPeMatico
Ex-PBoC Governor: China Must Take Precautions Against Libra Trend
The former governor of the People’s Bank of China says “China should take precautions” against the trend represented by Facebook’s Libra cryptocurrency Go to Source Powered by WPeMatico
China’s Central Bank Developing Own Digital Currency in Response to Libra
The Chinese central bank is developing its own digital currency in response to Facebook’s forthcoming Libra stablecoin Go to Source Powered by WPeMatico