Bitcoin

France Adopts New Cryptocurrency Regulation

April 16th, 2019

The French government has adopted a financial sector bill that establishes a legal framework for cryptocurrency service providers and initial coin offerings. The bill includes both optional and mandatory licensing, and also specifies the types of funds that can invest in crypto assets. Pacte Bill Adopted France’s Financial Markets Authority, the Autorité des marchés financiers…

The Struggle to Buy Bitcoin in Crypto-Starved Botswana

April 16th, 2019

The rise of Bitcoin has coincided with improvements in technology allowing anyone to trade online. Meanwhile, in landlocked Botswana, geographical constraints have done little to prevent BTC from being traded locally, even in the absence of an established locally-operated cryptocurrency exchange. News.Bitcoin.com spoke to a number of bitcoiners in the southern African nation to determine…

Bitcoiners’ Seastead in Deep Trouble With Thai Government

April 15th, 2019

A seastead launched by an early bitcoin adopter off the coast of Thailand has run into trouble with local government. The Thai Navy boarded the structure Saturday, claiming it violates criminal law, which is punishable by death or life imprisonment. The owner claims that his floating home is located outside of Thailand’s maritime boundaries. Seastead…

Wikileaks Cache Now Hosted on IPFS Thanks to this Bitcoin Cash Developer

April 13th, 2019

With the founder of Wikileaks behind bars, it’s been a trying time for activists who believe in spreading freedom and truth in an age steeped in lies and manipulation from parasitic central bankers and bureaucrats. In order to show support for Julian Assange, Bitcoin Cash (BCH) developer Chris Troutner decided to upload the entire Wikileaks…

Maker Community Votes to Raise Stability Fee as Dai Struggles to Hold $1 Peg

April 13th, 2019

For more than two weeks the dai stablecoin has sat below its $1 peg, and has been trading for roughly $0.97 over the last seven days. This has given concern to the Maker Dao community which has decided to raise the dai stability fee to 11.5% per year. Maker Community Hopes Increased Stability Fees Will…

Lithuania to Adopt Crypto Regulations Even Stricter Than the EU’s

April 13th, 2019

Lithuania, one of the Baltic tigers that has in past few years demonstrated it doesn’t shy away from new technologies and the digital economy, is preparing to introduce stricter rules for crypto companies. The government in Vilnius is working on amendments that according to officials will go beyond the requirements of the latest, fifth EU…

Whale Watch: Large Bitcoin Cash Holders Accumulate 1 Million BCH Since February

April 13th, 2019

In the last two weeks, cryptocurrency prices have seen significant volatility and during this time onlookers have noticed large bitcoin whale movements once again. Data stemming from blockchain analysis indicates that over the last 48 hours, unknown whale wallets moved over 20,000 BTC ($101 million), showing another large migration not seen since last February. Additionally,…

Regulators Tackle Businesses in Europe’s Crypto-Friendly Nations

April 12th, 2019

There’s a group of countries on the Old Continent that have recognized the potential of the newly forming cryptoconomy. In the past couple of years, nations such as Malta, Switzerland and Estonia have been making efforts to attract businesses from the nascent industry, often rebuffed elsewhere. However, registering and running a crypto company, even in…

How the EU and 5 European Nations Regulate Cryptocurrency

April 12th, 2019

Leading up to the G20 summit in June, the Financial Stability Board has detailed how the European Union and its member countries are regulating crypto assets, who the regulators are in each country and the scope of their oversight. In most cases, crypto assets are overseen by several regulators. The EU The Financial Stability Board…

Bitcoin Miner Recounts Struggle to Obtain Cheap Iranian Power

April 11th, 2019

Over the last six months, reports of Chinese miners crossing the border to obtain cheap electricity from regions like Vietnam, Cambodia, Thailand, and Iran have abounded. According to a recent interview, Chinese miners have found extremely affordable electric prices ($0.006 per kilowatt-hour) in the oil-rich nation of Iran. However, managing to get thousands of machines…