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Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners
In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower consumption in the region. Following the local government of Ya’an city deciding to foster mining, officials from Chengdu recently spoke about welcoming crypto mining at the Hashcon 2020 event as well as bolstering a blockchain […] The post Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners appeared first on Bitcoin News. дальше »
2020-9-2 11:30 | |
Exchanges join DoJ in taking on Bitcoin, Ethereum-laundering Lazarus Group
A recent report released by Chainalysis revealed how U.S officials including the FBI, among other agencies, investigated the recent case of cryptocurrencies stolen by the Lazarus Group, a North Korea-The post Exchanges join DoJ in taking on Bitcoin, Ethereum-laundering Lazarus Group appeared first on AMBCrypto. дальше »
2020-8-29 12:30 | |
Visa Exec Says ‘Opt Out With Bitcoin’ Slamming Fed’s Policy Change Toward Inflation
On Thursday, 17 top Federal Reserve officials explained that the committee plans to let inflation run hotter than usual, or above the benchmark 2% rate for a duration of time. Fed Chair Jerome Powell’s speech was considered a “major policy shift” and a number of economists commented on the central bank’s move. дальше »
2020-8-29 02:00 | |
Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners
Regional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data firms. Unless the bitcoin mining facilities pack up and migrate, mining farms may see an electrical price increase by one third. дальше »
2020-8-26 12:30 | |
Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower
The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are extremely cheap in the region. Data shows that miners using hydropower in Sichuan are paying between 0. дальше »
2020-8-18 11:30 | |
US Officials Make Largest-Ever Seizure Of Terrorist Organizations’ Bitcoin Accounts
The United States Department of Justice just announced that they have taken out a group of financing campaigns that supported the terrorist groups al-Qaeda, Hamas, and ISIS. “The Justice Department today announced the dismantling of three terrorist financing cyber-enabled campaigns, involving the al-Qassam Brigades, Hamas’s military wing, al-Qaeda, and Islamic State of Iraq and the […] дальше »
2020-8-14 00:07 | |
Government Raids Illegal Bitcoin Mining-Farm in Kyrgyzstan
Financial police in Kyrgyzstan have discovered and shut down an illegal bitcoin mining farm. A cell phone video of the raid was released by government officials. On August 6, the Kyrgyz Republic State Financial Crime Office discovered a bitcoin mining farm in an abandoned airplane hangar in Bishkek. дальше »
2020-8-8 19:21 | |
A Massive Bitcoin Bull Run Awaits as Fed Confirms 2% Inflation Target
A high inflation environment is creating more upside opportunities for Bitcoin as the cryptocurrency trades near its 11-month high. Recent statements from the Fed officials confirm that they are targeting a 2 percent inflation by pledging not to raise interest rates in the medium-term. дальше »
2020-8-5 09:40 | |
Americans to Buy Bitcoin With Their Second Stimulus Checks After Initial Investment Turned in 50% Profit
U. S. investors may be planning to use their second $1,200 stimulus money to buy bitcoin – again. The U. S. government is, on Monday, expected to approve plans for this second payout, White House officials have confirmed. дальше »
2020-7-28 00:35 | |
Fresh Bitcoin Buying Likely Amid Reports of Another Round of COVID-19 Stimulus Checks
Cryptocurrency exchanges like Coinbase could see a fresh round of Bitcoin buying as US officials ponder another distribution of stimulus checks to those affected by the ongoing COVID-19 pandemic. In the wake of the first payments sent to Americans, some platforms reported a surge in equivalent BTC purchases. дальше »
2020-5-1 21:10 | |
1 Cent per Kilowatt-Hour: China’s Sichuan Province Encourages Hydro-Powered Bitcoin Mining
The local government of Ya’an city, in China’s Sichuan province, has announced the region is encouraging bitcoin mining in Sichuan if operations leverage the local hydropower plants. The document released by Ya’an city officials is in stark contrast to how Sichuan lawmakers felt about mining in 2018. дальше »
2020-4-29 01:30 | |
Sunday Digest: Bitcoin Price Misery and Libra Losing Support
The White House doctor has proclaimed President Trump to be clear of the virus, after a meeting with Brazilian officials who later tested positive last week. Of course, this is the same doctor who allegedly called Trump the healthiest man he has ever assessed, shortly after he came to office. дальше »
2020-3-15 19:00 | |
Here’s How Bitcoin’s Current Supply Would Look Like in 3D
Bitcoin is experiencing one of the most challenging periods in its twelve-year history, but let’s leave the panic aside and imagine what the largest crypto would look like if it were physical. How Much Space Would Bitcoin Get? Most regulators and government officials prefer to refer to Bitcoin as virtual currency, and for very good reasons – the cryptocurrency supply resides on servers rather than our pockets and suitcases. Thanks to the magic of blockchain, […] дальше »
2020-3-14 16:00 | |
Bitcoin Sells Off Like Stock Market Even After The Fed Cuts Rates by 50bp; Trump Wants More
Today, in a surprise move, the US Federal Reserve cut its benchmark interest rate by a half-percentage point to help mitigate the impact of the coronavirus on the market and economy. The officials were in unanimous agreement for an emergency cut to a range of 1% to 1. дальше »
2020-3-4 00:01 | |
Irish Officials Confiscate Over $60 Million in BTC From a Drug Dealer
A lot of criminals flock to Bitcoin due to its perceived anonymity. Most of those people end up in jail eventually, including one Irish drug dealer. On the darknet, Bitcoin is often considered to be a prominent payment method. дальше »
2020-2-20 02:00 | |
Will Trump’s Stimulus Package Include BTC Investments As Part Of The Tax-Incentives?
One of the senior officials for President Donald Trump came with the proposal of a new economic package that stimulates people to make tax-free investments, Bitcoin (BTC) included. It seems that the President’s administration is seriously taking new tax incentives into consideration, incentives meant to give the stock market a boost by allowing Americans to […] дальше »
2020-2-18 23:48 | |
US Officials Hint at Extra Regulation for Bitcoin
Various governments are still looking to actively regulate Bitcoin and cryptocurrencies. In the US, it appears that some new proposals aim to achieve that goal. With the Federal Reserve exploring the issuance of a CBDC, regulation isn’t too far behind. дальше »
2020-2-14 02:00 | |
Nazis are Using Bitcoin, US Gov’t Officials Warn
According to the US House Financial Services Committee, the nature of Bitcoin and other cryptocurrencies allows Nazis and domestic terrorists to fund their activities. US officials voice concerns over Bitcoin terrorist financing This Wednesday, a US House Financial Services Committee held a hearing during which its members addressed the topic of cryptocurrencies. дальше »
2020-1-17 03:00 | |
Here’s Why Trump Threatening Iraq of Losing Their Oil Reserves is Bullish for Bitcoin
Iraq could lose access to its critical government bank account if they kick out American forces, warns Trump administration according to Iraqi officials. The reports came after US airstrike killed a top Iranian general, Qassem Soleimani at Baghdad International Airport. дальше »
2020-1-12 18:40 | |
Over 10,000 Participants Expected to Attend Chain2020 Blockchain Initiatives Event in Hong Kong
8th January 2020, Montenegro – Over 10,000 participants are expected to attend the Chain2020 event, which is set to take place in Hong Kong on January 15, 2020. The event is organized as a series of educational conferences focusing on Blockchain and FinTech technologies and related subjects for entrepreneurs, government officials and individuals seeking to […] The post Over 10,000 Participants Expected to Attend Chain2020 Blockchain Initiatives Event in Hong Kong appeared first on Bitcoin PR Buzz. дальше »
2020-1-8 21:50 | |
Turkey’s Capital Markets Board Will Put Pressure on Bitcoin
Coinspeaker Turkey’s Capital Markets Board Will Put Pressure on BitcoinLocal businesses and officials keep asking the highest powers of Turkey whether they will legalize the use of cryptocurrency. дальше »
2020-1-6 16:52 | |
Europol Official Confirms Monero Transactions Can’t be Traced
Privacy coins have come under a lot of scrutiny in recent months. Europol is keeping a close eye on these developments, albeit Monero remains impossible to trace or analyze. Government officials dislike bitcoin, but they see privacy coins as even bigger threats. дальше »
2019-12-28 02:00 | |
New Orleans’ State of Emergency For Cyberattack, All Signs Point To Bitcoin Ransomware Ryuk
On the morning of December 13th, New Orleans officials have reported suspicious activities that are more related to phishing. The attack came 3 hours later, shutting down the computers and servers that have been affected. дальше »
2019-12-16 21:03 | |
United States' FSOC asks officials to monitor risks from digital assets
United States' financial regulators on Wednesday, 4 December, appealed to federal and state officials to monitor risks from digital assets like Bitcoin. The panel consisted of Treasury Secretary SteveThe post United States' FSOC asks officials to monitor risks from digital assets appeared first on AMBCrypto. дальше »
2019-12-5 13:34 | |
Chinese Authorities Scrutinize and Report on Crypto Exchanges
According to a notice issued on weibo. com, and later confirmed as authentic by business publication Caixin, authorities in Shanghai appear to have dispatched officials for conducting reviews of area businesses engaged in cryptocurrency dealings, and are set to report back to financial regulators by November 22. дальше »
2019-11-20 17:30 | |
Governments Viewing Crypto as a Threat Will Be Left Behind
In recent commentary at a New York blockchain conference, IRS Criminal Investigation Chief John Fort said the agency is now turning its focus to crypto ATMs and kiosks, as well as American users of foreign exchanges. дальше »
2019-11-18 12:35 | |
Alibaba’s Partnership With Lolli App For Crypto Reward Is Deemed False, Is That Really The Case?
Lolli, a crypto-oriented app built for shopping, has suffered a blow after Alibaba denied any partnership with the service provider. The firm’s Singles Day adverts for the U. S market notably stood out as they were offering Bitcoin rewards to Alibaba clients. дальше »
2019-11-16 17:42 | |
Will Bitcoin Follow Gold Prices Down as Trade Tensions Ease?
Trade tensions between the US and China appear to be easing as the two powerhouses come to agreement. The lifting of tariffs is good for economic stimulus but safe have assets such as gold are now starting to cool off, will Bitcoin follow suit? US China Trade War Over? Officials from both sides stated yesterday. дальше »
2019-11-8 07:00 | |
UK Officials Introduce Streamlined Cryptocurrency Taxation Guidelines
The current legal status of Bitcoin is difficult to gauge in the United Kingdom. A new taxation guidance update shows there is still some confusion to be cleared up. At this time, cryptocurrencies are neither currencies nor securities. дальше »
2019-11-5 22:30 | |
Cred Merchant Solutions to Help Unbanked Business Sectors
Cred Merchant Solutions has been unveiled in Emeryville during San Francisco Blockchain Week in an event hosting several California elected officials. The new point-of-sale system will help unbanked business sectors, such as California’s cannabis industry, accept crypto payments from customers and pay taxes. дальше »
2019-11-3 14:50 | |
Lebanese Protestors Gather at Central Bank as Financial Lockout Continues
Since the beginning of widespread protests in Lebanon last week, banks and lending institutions have remained closed, fueling fears of an impending nationwide cash crisis. Attempts to assuage the concerns of suffering individuals without money or options are not proving effective, as officials scramble to address the situation against a backdrop of alleged political embezzlement […] The post Lebanese Protestors Gather at Central Bank as Financial Lockout Continues appeared first on Bitcoin News. дальше »
2019-10-25 05:45 | |
Opportunistic fraudsters use El Chapo’s son’s arrest in bid to steal Bitcoin
Mexican officials have been forced to free Ovidio Guzman Lopez – the son of Mexican drug kingpin El Chapo whose real name is Joaquin Archivaldo Guzman Loera – from custody after cartel gunmen turned Sinaloa into an urban war zone. дальше »
2019-10-21 15:06 | |
Bank of Canada Warms To National Cryptocurrency, Will it Compete Against Bitcoin?
Leaks within the Bank of Canada show officials are considering the development of a national cryptocurrency. As such, with interest in central bank digital currencies (CBDCs) on the rise, could it threaten bitcoin? National Cryptocurrency Mike Eppel, Senior Business Editor at 680 News, has revealed that Canada’s central bank is considering the development of a. дальше »
2019-10-18 11:16 | |
G7 Report Labels Stablecoins as Significant Risk
The growth in stablecoin usage has soared since late 2017, and this has regulators and government bodies across the world incredibly worried. A new report formulated by central bank officials of the G7, the IMF, and the Financial Stability Board, believe that global stablecoins pose a systemic threat to the global economy and monetary stability,Read MoreRead More. дальше »
2019-10-14 19:00 | |
Facebook Libra Launch Assisted by Former Prosecutor Tasked With ‘Taking Down Bitcoin’
This strange and twisting tale begins with Katie Haun, a U. S. Department of Justice prosecutor. Haun, who was normally busy probing prison gangs, corrupt officials, and the mafia — was tasked with trying to shut down Bitcoin. дальше »
2019-10-10 16:15 | |
Bitcoin Sudden Breakthrough ‘Unlikely’ In Scalability Quest, Says BitMEX
Researchers at one of the biggest Bitcoin derivatives giants believe there is no point waiting for a specific innovation to take Bitcoin mainstream. BitMEX: Bitcoin Will ‘Slowly Improve’ Presenting a new forecast on October 6, BitMEX Research, the analytics arm of BitMEX, said new tools such as the Lightning Network would not transform Bitcoin overnight. дальше »
2019-10-7 13:00 | |
Uproar As Bitcoin Exchange Coinbase Pro Hikes Fees By Up To 233%
US Bitcoin exchange Coinbase has announced it will introduce new fees which will more than double usage costs for some low-volume traders. Low-Volume Traders Feel The Pinch In a blog post on October 3, officials confirmed that the new fee schedule would apply to all Coinbase Pro users from Monday next week. дальше »
2019-10-4 13:00 | |
Venezuela State-Run Oil Firm to Pay Suppliers in Bitcoin
As the age-long economic crisis rages on, Venezuela’s apex bank, Banco Central de Venezuela (BCV) is now running internal tests with officials to find out the possibility of holding bitcoin (BTC) and ether (ETH) in its coffers as foreign reserves, as the nation’s state-owned oil company is looking to pay suppliers in cryptos via theRead MoreRead More. дальше »
2019-9-27 15:00 | |
Japan Joins Brigade of Libra-Cautious Countries
After several of the most powerful countries voiced their concerns regarding Libra, Japan has joined in on urging for a cooperative framework to mitigate the risks posed by Libra. Reuters reports events from a meeting between Bank of Japan officials and business persons in Osaka, September 24, 2019. дальше »
2019-9-25 19:00 | |
China Avoids Rushing the Launch of its Central Bank Digital Currency
Chinese officials have confirmed that they have no timetable in place for the launch of their central bank digital currency (CBDC). This comes just weeks after a formal announcement by the PBoC that a launch is being scheduled by year-end. дальше »
2019-9-25 17:00 | |
United States’ Congress schedules new meeting with SEC officials to discuss cryptocurrencies
Recently, Bitcoin was in the spotlight after the Securities and Exchange Commision’s (SEC) Chairman, Jay Clayton, said that the digital gold would be required to be regulated, before it and a host of cryptocurrencies can be traded on a major exchange. дальше »
2019-9-20 12:30 | |
Filipino Authorities Arrest 273 Bitcoin Scammers
Law enforcement agents in the Phillippines while acting on a tip from the Chinese Embassy, have arrested 273 Chinese nationals for allegedly defrauding over 1,000 investors in a cryptocurrency investment scam, reports Inquirer on September 16, 2019. дальше »
2019-9-17 09:00 | |
New Binance Report Reaffirms Bitcoin Dominance Will Drop To 60%
Altcoins will return to prominence as Bitcoin market cap share is bound to decrease, cryptocurrency exchange Binance has stated. Binance: Bitcoin Dominance ‘Sticking Around’ In its latest bulletin which went live on September 4, Binance Research, the exchange’s analytics arm, repeated claims made in July that Bitcoin’s current market dominance would not last indefinitely. дальше »
2019-9-4 17:00 | |