China's crackdown on Bitcoin mining is beginning to materialize as restrictions expand to the Sichuan province, one of the main regions used for Bitcoin mining in the country.
On Friday, the Sichuan Provincial Development and Reform Commission issued a joint notice with the Sichuan Energy Bureau demanding the
The World Bank will not help El Salvador with its implementation of Bitcoin as legal tender.
"We are committed to helping El Salvador in numerous ways including for currency transparency and regulatory processes," a spokesperson from the World Bank is quoted saying, according to a Reuters report. The
BIT Mining Limited, the fifth-largest mining pool by hash rate in the world, announced Tuesday that it had successfully transported the first of three mining machine shipments from Sichuan, China to the Central Asian nation of Kazakhstan.
The initial shipment contained over three hundred mining machines with a potential hash
BIT Mining Limited, the fifth-largest mining pool by hash rate in the world, announced Tuesday that it had successfully transported the first of three mining machine shipments from Sichuan, China to the Central Asian nation of Kazakhstan.
The initial shipment contained over three hundred mining machines with a potential hash
China's crackdown on Bitcoin mining is beginning to materialize as restrictions expand to the Sichuan province, one of the main regions used for Bitcoin mining in the country.
On Friday, the Sichuan Provincial Development and Reform Commission issued a joint notice with the Sichuan Energy Bureau demanding the
The World Bank will not help El Salvador with its implementation of Bitcoin as legal tender.
"We are committed to helping El Salvador in numerous ways including for currency transparency and regulatory processes," a spokesperson from the World Bank is quoted saying, according to a Reuters report. The
Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
In August of last year, MicroStrategy set off what resembles a movement of institutions to get skin into the Bitcoin game. After Michael Saylor's firm bought its first $250 million worth of bitcoin, it took mere months for various public companies to follow suit; soon, even banks began
El Salvador has big plans for Bitcoin: the Central American country seeks to become the first to declare Bitcoin legal tender and pave the way for wider adoption of Bitcoin among its population of 6.5 million.
The efforts are led by Nayib Bukele, a Salvadorian businessman and the country&
Hungary may cut cryptocurrency taxes in half — from 30.5% to 15%.
In a Facebook video published today, Hungary's Minister of Finance Mihály Varga addressed plans for the country's economic recovery, which included the consideration of updated taxation around cryptocurrencies. At the moment, income from cryptocurrency
Bank of England Governor Andrew Bailey reiterated his views that cryptocurrencies "have no intrinsic value" and their holders should "be prepared to lose all [their] money."
At a press conference on Thursday, Bailey was quoted saying, “they have no intrinsic value. That doesn’t mean to
