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Category: unrest
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Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country
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Kazakhstan Shuts Down Banks, Internet Amid Unrest That Threatens Bitcoin Mining, Hashrate
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China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls
A recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out of control by using these dollar-pegged blockchain tokens. Last week on June 9, […]
The post China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls appeared first on Bitcoin News.
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Leaked Pentagon War Game Shows Gen Z Using Bitcoin to Battle the Corrupt State
The United States has been creating military simulations, otherwise known as ‘war games,’ for years now. In fact, the Pentagon and various professional analysts created a permanent war gaming facility for simulations. This week a report indicates that Pentagon officials have purportedly created a war game that involves Generation Z (Gen Z) and the rebels […]
The post Leaked Pentagon War Game Shows Gen Z Using Bitcoin to Battle the Corrupt State appeared first on Bitcoin News.
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Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls
Mass unrest in Lebanon due to allegations of political corruption and heavy handed capital controls has carried over into the new year, with reports pointing to a notable uptick in bitcoin trading from the embattled nation. As residents seek to preserve as much value as they can while government falters, some traders are calling for […]
The post Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls appeared first on Bitcoin News.
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HSBC Closes 2 Branches Following New Protests in Hong Kong
HSBC had two of its Hong Kong branches closed on Jan. 2, the first working day of the year, following attacks by protesters during the latest anti-government demonstrations on New Year’s Day. The banking giant also closed seven indoor ATM clusters and announced on Friday it will suspend overnight services at 19 other ATM locations […]
The post HSBC Closes 2 Branches Following New Protests in Hong Kong appeared first on Bitcoin News.
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