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IMF Blog: Adopting Bitcoin As Legal Tender "A Step Too Far"
IMF Blog: Adopting Bitcoin As Legal Tender "A Step Too Far"
News  •  Politics  •  Jul 26, 2021 by Thomas M

In what can only be read as a veiled message to El Salvador and any country looking to follow in its footsteps, the International Monetary Fund (IMF) on Monday published a blog post advising against adopting Bitcoin as legal tender. Authored by Tobias Adrian, Director of the IMF’s Monetary

A Bloviating Nocoiner Emits More Carbon Per Day Than Half a Dozen Bitcoin Transactions: CoinCorner Research
A Bloviating Nocoiner Emits More Carbon Per Day Than Half a Dozen Bitcoin Transactions: CoinCorner Research
News  •  Politics  •  Jul 25, 2021 by Joshua Chretien

A transaction on the Lightning Network produces less carbon emissions than posting on social media or even breathing for a few hours, according to Bitcoin exchange CoinCorner’s latest research. Citing public data from the U.K. Parliament, U.S. Energy Information Administration and Our World In Data, the article

Infrastructure Bill to Exclude Miners and Coders, Says Bill Co-Author
Infrastructure Bill to Exclude Miners and Coders, Says Bill Co-Author

As U.S. lawmakers scramble to amend and finalize the bipartisan infrastructure bill before Senate leaves for its recess, criticism over the rushed process and vague language comes from various camps — including the Bitcoin and digital assets space. Buried somewhere around page 2,434 of over 2,700 of the

News  •  Politics  •  Aug 02, 2021
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Infrastructure Bill to Exclude Miners and Coders, Says Bill Co-Author
Infrastructure Bill to Exclude Miners and Coders, Says Bill Co-Author

As U.S. lawmakers scramble to amend and finalize the bipartisan infrastructure bill before Senate leaves for its recess, criticism over the rushed process and vague language comes from various camps — including the Bitcoin and digital assets space. Buried somewhere around page 2,434 of over 2,700 of the

News  •  Politics  •  Aug 02, 2021
IMF Blog: Adopting Bitcoin As Legal Tender "A Step Too Far"
IMF Blog: Adopting Bitcoin As Legal Tender "A Step Too Far"

In what can only be read as a veiled message to El Salvador and any country looking to follow in its footsteps, the International Monetary Fund (IMF) on Monday published a blog post advising against adopting Bitcoin as legal tender. Authored by Tobias Adrian, Director of the IMF’s Monetary

News  •  Politics  •  Jul 26, 2021
A Bloviating Nocoiner Emits More Carbon Per Day Than Half a Dozen Bitcoin Transactions: CoinCorner Research
A Bloviating Nocoiner Emits More Carbon Per Day Than Half a Dozen Bitcoin Transactions: CoinCorner Research

A transaction on the Lightning Network produces less carbon emissions than posting on social media or even breathing for a few hours, according to Bitcoin exchange CoinCorner’s latest research. Citing public data from the U.K. Parliament, U.S. Energy Information Administration and Our World In Data, the article

News  •  Politics  •  Jul 25, 2021
Salvadoran Group Takes to the Streets to Protest Bitcoin Law
Salvadoran Group Takes to the Streets to Protest Bitcoin Law

A group of protesters took to the streets of San Salvador this week to demand the "Ley Bitcoin" (Bitcoin law) passed in June be repealed. Videos of the protest show a small group of people carrying banners that read, "we don't want Bitcoin" and

News  •  Politics  •  Jul 23, 2021
EU Commission Seeks to Ban Anonymous Crypto Wallets
EU Commission Seeks to Ban Anonymous Crypto Wallets

The EU Commission has released an extensive set of proposals to tighten its anti-money laundering legislation. The package includes a number of measures, all of which are looking to further increase monetary surveillance in the EU. Aside from an EU-wide ban on cash payments exceeding €10,000, what may interest

News  •  Politics  •  Jul 19, 2021
Draft Bill for Legal Bitcoin Framework in Turkey Ready for Parliament: Deputy Finance Minister
Draft Bill for Legal Bitcoin Framework in Turkey Ready for Parliament: Deputy Finance Minister

Turkey's Deputy Minister of Treasury and Finance Sakir Ercan Gül is set to present a draft bill to parliament providing a regulatory framework for Bitcoin and other cryptocurrencies later this year. Besides setting clear licensing requirements for local exchanges and introducing minimum capital requirements for cryptocurrency companies, the

News  •  Politics  •  Jul 18, 2021
Bitcoin Is the Only Way to Fix Inflation: Mayor of Jackson, Tennessee
Bitcoin Is the Only Way to Fix Inflation: Mayor of Jackson, Tennessee

Scott Conger, the mayor of Jackson in the U.S. state Tennessee, took to Twitter on Thursday to vent what appeared like frustrations that had built up for quite some time. "Every year, our dollar is worth less," he wrote, voicing his concerns about inflation. "6.3%

News  •  Politics  •  Jul 15, 2021
Bitcoin Mining Among the World's Greenest Industries, Mining Council Reports
Bitcoin Mining Among the World's Greenest Industries, Mining Council Reports

Bitcoin mining has one of the highest sustainable energy mix of all global industries, according to the first report by the Bitcoin Mining Council.  The executive summary of the report provides a strong rebuttal to detractors of the industry, stating that “Bitcoin mining uses negligible amounts of energy, is rapidly

News  •  Bitcoin  •  Jul 01, 2021
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