Vietnam Imported More Mining Rigs in 3 Weeks This Month Than All of Last Year

Vietnam Imported More Mining Rigs in 3 Weeks This Month Than All of Last YearThe Ho Chi Minh City Customs Department has revealed that in the first 3 weeks of this month almost 8,000 mining rigs were imported into the city. This number exceeds the entire count of mining rigs imported into Vietnam last year. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations Nearly 8000 […]

The post Vietnam Imported More Mining Rigs in 3 Weeks This Month Than All of Last Year appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

The Futility of Government Bans – Bitcoin Always Finds a Way

The Futility of Government Bans – Bitcoin Always Finds a WayCryptocurrencies 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 […]

The post The Futility of Government Bans – Bitcoin Always Finds a Way appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Vietnam Expedites Cryptocurrency Legal Framework – Ready End of January

Vietnam Expedites Cryptocurrency Legal Framework – Ready End of JanuaryThe government of Vietnam has taken steps to accelerate the adoption of cryptocurrency regulation that will affect Bitcoin. The executive power in Hanoi has insisted that the framework should be ready by the end of January. Amendments to the tax code are expected to help tap into proceeds from “virtual property and digital money”. Also […]

The post Vietnam Expedites Cryptocurrency Legal Framework – Ready End of January appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Cryptocurrency Mining Soars in Vietnam – Over 7000 Rigs Imported

Cryptocurrency Mining Soars in Vietnam - Over 7000 Rigs ImportedThe Ho Chi Minh City Customs Department has revealed the number of known mining rigs imported into Vietnam in 2017. Over 7,000 rigs were brought into the country, mostly from China, with over 5,000 entering since November. While Vietnam is clamping down on the use of bitcoin as a means of payment, mining rigs are […]

The post Cryptocurrency Mining Soars in Vietnam – Over 7000 Rigs Imported appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

New Cryptocurrency Mining Bot Is Infesting Facebook Messenger

New Cryptocurrency Mining Bot Is Infesting Facebook MessengerCyber security researchers found a new type of malware spreading across the world via the Facebook Messenger app. This malicious bot is using the many computers it has infected to mine cryptocurrency for its unscrupulous developers at the expense of users. Also read: Starbucks Customer Has His Laptop Hijacked for Cryptocurrency Mining A couple of cyber […]

The post New Cryptocurrency Mining Bot Is Infesting Facebook Messenger appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Vietnam Investigates Merchants for Accepting Bitcoin Despite Warnings

Vietnam Investigates Merchants for Accepting Bitcoin Despite WarningsVietnamese authorities have announced that they are investigating establishments that accept bitcoin for payments. This follows reports that restaurants and cafes are still accepting the digital currency despite the government warning that bitcoin is not a legal means of payment in Vietnam. Also read: South Korea Clarifies Position After Reports of Possible Ban on All Crypto […]

The post Vietnam Investigates Merchants for Accepting Bitcoin Despite Warnings appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

It Came from the East: How Asia Bolstered Cryptocurrencies in 2017

It Came from the East: How Asia Bolstered Cryptocurrencies in 2017Bitcoin and the digital asset economy has seen a meteoric rise in value over the course of 2017. Various countries have caught the cryptocurrency fever, but the lion’s share of digital asset demand has stemmed from regions located in Asia. It’s clear from various data recorded all year long that countries like Japan, South Korea, […]

The post It Came from the East: How Asia Bolstered Cryptocurrencies in 2017 appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico