Is China’s New Fascination With Blockchain Really Good for Bitcoin?

Is China’s New Fascination With Blockchain Really Good for Bitcoin?Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging field. Some say Xi’s statement brought back the […]

The post Is China’s New Fascination With Blockchain Really Good for Bitcoin? appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates

Mario Draghi Leaves ECB Without Ever Raising Interest RatesPreparing for a change at the top, the European Central Bank has decided to keep interest rates on hold and at their all-time lows. Mario Draghi, who had his last monetary policy meeting as president of the ECB, is leaving after an eight-year term during which key rates were never raised. At the subsequent press […]

The post Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky

Ukraine in a Rush to Legalize Cryptocurrencies Under ZelenskyThe new administration in Kiev, headed by the young president Volodymyr Zelensky, has brought renewed interest in cryptocurrencies. Fresh energy is now being injected into efforts to legalize decentralized digital money and regulate related economic activities. New draft laws have been proposed or are under preparation to accommodate the nascent industry, from which the Ukrainian […]

The post Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

PR: Uruguayan President Meets With the Founder of SCRY

PR: Uruguayan President Meets With the Founder of SCRYUruguay, nicknamed South America’s Switzerland, has always taken a positive attitude towards the development of science and technology and information economy as well as science and technology services, thus becoming the first Latin American country to step into 5G information this year. Miss Foo, founder and CEO of SCRY, has good business connections in the supply chain of agricultural and mining industries in Uruguay. In his meeting with the former Uruguayan president, Luis Alberto Lacalle Herrera and many business leaders and partners, Eva Foo has conducted in-depth exchanges and discussions about the latest application progress of blockchain technology in payment system, financial settlement and intelligent contract data automation.

The post PR: Uruguayan President Meets With the Founder of SCRY appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Crypto Bullishness Spreads on Capitol Hill

Cryptocurrency Bullishness Spreads on Capitol HillU.S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments made by lawmakers. Meanwhile, the Fed chair said […]

The post Crypto Bullishness Spreads on Capitol Hill appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

The Best Responses to Donald Trump’s Claim That Bitcoin Is Backed by ‘Thin Air’

The Best Responses to Donald Trump’s Claim That Bitcoin Is Backed by ‘Thin Air’The cryptosphere was rubbing its hands with glee when U.S. president Donald Trump fired off a typically cantankerous tweetstorm on June 11 in which he took aim at Bitcoin, cryptocurrencies and Libra. Bitcoiners relished the sudden attention directed towards their sphere from the president’s 62 million-strong Twitter account, but took issue with the veracity of […]

The post The Best Responses to Donald Trump’s Claim That Bitcoin Is Backed by ‘Thin Air’ appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

In the Daily: Pro-Crypto Presidential Candidate, Kleros and Ethfinex Partner, Hardware Wallet Updates

In the Daily: Pro-Crypto Presidential Candidate, Kleros and Ethfinex Partner, Hardware Wallet UpdatesIn Friday’s roundup of news from across the cryptosphere, we look at the rise of U.S. presidential candidate Andrew Yang and his acceptance of cryptocurrency donations. We also detail a new partnership between Kleros and Ethfinex that will see the Ethereum-based exchange utilize crowdsourced jurors to govern token listings. Finally, we round up news from […]

The post In the Daily: Pro-Crypto Presidential Candidate, Kleros and Ethfinex Partner, Hardware Wallet Updates appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Crypto-Friendly Statesman Takes Over Swiss Presidency

Crypto-Friendly Statesman Takes Over Swiss PresidencyAfter serving as finance minister of one of the most economically influential nations over the past three years, Ueli Maurer is now starting his term as President of the Swiss Confederation. Given his track record and liberal views regarding fintech regulation, Maurer’s election is considered a positive development for the Alpine nation’s expanding crypto industry. Also […]

The post Crypto-Friendly Statesman Takes Over Swiss Presidency appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Uzbekistan Legalizes Crypto Exchanges and Trading

Uzbekistan Legalizes Crypto Exchanges and TradingA new presidential decree legalizes cryptocurrency trading in Uzbekistan, introducing licensing for crypto exchanges and a set of requirements they will be obliged to meet. To operate in the country, foreign trading platforms will have to establish local subsidiaries and abide by the country’s relevant laws. Also read: California Passes Bill Defining Blockchain and Crypto […]

The post Uzbekistan Legalizes Crypto Exchanges and Trading appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico