Politics
Politics
China is busy banning Bitcoin — again. The People's Bank of China (PBOC), the country's central bank, has ordered four state-owned banks as well as major payment service provider AliPay to cut off any Bitcoin-linked transactions. Following a discussion held with a number of financial institutions, the
Like clockwork, China has released a number of statements over the past few days that shook the markets and, in part, the public perception of Bitcoin. Why like clockwork? Because among many long-time HODLers, the announcement has invoked memories from the past few years, which have seen numerous warnings, restrictions,
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
News • Bitcoin • Jun 21, 2021BIT 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
News • Bitcoin • Jun 21, 2021China is busy banning Bitcoin — again. The People's Bank of China (PBOC), the country's central bank, has ordered four state-owned banks as well as major payment service provider AliPay to cut off any Bitcoin-linked transactions. Following a discussion held with a number of financial institutions, the
News • Politics • Jun 20, 2021Like clockwork, China has released a number of statements over the past few days that shook the markets and, in part, the public perception of Bitcoin. Why like clockwork? Because among many long-time HODLers, the announcement has invoked memories from the past few years, which have seen numerous warnings, restrictions,
News • Politics • May 21, 2021Obi 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
Opinion • Politics • Apr 26, 2021On Friday, the Turkish central bank introduced a ban on performing payments with cryptocurrencies, citing several concerns such as their possible use for illegal activities. The ban will go into effect on April 30th. The Turkish lira has hit record lows in purchasing power over the past months, putting pressure
News • Politics • Apr 17, 2021Miami Mayor Francis Suarez plans to turn the region into a Bitcoin mining hub. Speaking during an episode of the Unchained Podcast on March 26th, Suarez explained that he believes the United States can and should provide more opportunities to Bitcoin miners, and could make this industry cleaner from an
News • Bitcoin • Mar 28, 2021