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Cryptocurrencies have been threatened at one point or another by nearly every country on the planet. Rarely does a government venture beyond rhetoric. Those resorting to crackdowns are often met with greater public appetite for decentralized virtual money, making all that initial fuss an exercise in futility. Be they communist strongholds or liberal democracies, bitcoin … Read more
A joint report by Center on Sanctions & Illicit Finance and Elliptic, a cryptocurrency forensics firm, has indicated that Bitcoin laundering for illicit drug activity is a highly centralized process. #NEWS Go to Source Powered by WPeMatico
The Chinese government is looking to extend the scope of its cryptocurrency exchange ban in response to a trading “uptick.” #NEWS Go to Source Powered by WPeMatico
Discover an interview with fintech connector – John Patrick Mullin. Crypto community, online courses, China and other issues discussed. #INTERVIEW Go to Source Powered by WPeMatico
Members of the Indian crypto community have received offers to set up mining facilities after reports of potentially negative developments for miners in China. According to local media, businesses are already exploring such opportunities as India has some of the lowest electricity rates. Upcoming regulation, however, may put some hurdles on the track. Also read: … Read more
The bitcoin mining industry in China appears to be expanding to favorable locations around the world right now. Quebec is one such location where the Chinese have taken refuge, and many more might be on the way. Also Read: Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland Cold Power Just a couple of … Read more
Research has shown that Bitcoin is a bit of a Veblen good — a product which gains its appeal from the social status attained by owning it. #ANALYSIS Go to Source Powered by WPeMatico
First, Jamie Dimon of JP Morgan Chase says he regrets calling bitcoin a fraud. Now, legacy bank Goldman Sachs is formally recognizing how cryptocurrencies such as bitcoin could act as global money. 2018 might be shaping up to be the year bitcoin gets more mainstream than ever. Also read: Huge Bitcoin Conference Stops Accepting Bitcoin … Read more
Financial regulators around the world seem to finally notice that some companies are trying to capitalize on the insatiable appetite for everything crypto by claiming a link to blockchain. Trading in the stocks of one such alleged company has now been stopped by the SEC. Also Read: Peak Blockchain Hype? Firm With No Revenues and … Read more
China’s Bitcoin miners are doing just fine, and could withstand both regulatory constraints and a massive Bitcoin price correction due to cheap energy costs. #MINING Go to Source Powered by WPeMatico
