Search
Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report
18.6.2021
According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region....
Russian oligarch Deripaska blasts Bank of Russia for ignoring Bitcoin
18.6.2021
Russia needs to move to Bitcoin to provide a “real financial instrument enabling independence in foreign trade settlements,” Deripaska argued
'Crypto Bank Run' Shows Mark Cuban That DYOR Comes Before Regulation
18.6.2021
Mark Cuban. Source: a video screenshot, Youtube, The Filmy
Amid the algorithmic stablecoin debate prompted by what decentralized finance (DeFi) protocol Iron Finance called "the world’s first large-scale crypto bank run," many in the Cryptoverse came down quite hard on Dallas Mavericks...
Co-Owner of Mirror Trading International Opposes Plans to Liquidate the Bitcoin Scam Outfit
18.6.2021
In the latest twist to the Mirror Trading International liquidation saga, Clynton Marks, a co-owner of the bitcoin Ponzi outfit, has opposed attempts to have a court grant a final liquidation order. Marks, who reportedly owned 50% of MTI, argues that the liquidation application...
Mark Cuban calls for stablecoin regulation in wake of Iron Finance 'bank run'
18.6.2021
After a bank run on the Iron Finance protocol cost him dearly, Mark Cuban is calling for regulation to define “what a stablecoin is and what collateralization is acceptable.”
Mark Cuban Hit by Iron Finance Token Crash, Calls for Defi Regulation
18.6.2021
Billionaire investor and Shark Tank star Mark Cuban has called for cryptocurrency regulation focusing on decentralized finance (defi) and stablecoins after a token he invested in collapsed from $64 to near zero. Cuban Wants Defi and Stablecoin Regulation After Investing in Collapsed Token...
SEC Seeks Commentary From ‘Interested’ Individuals on Vaneck Bitcoin ETF
17.6.2021
The U.S. Securities and Exchange Commission (SEC) is currently seeking additional commentary from the public, as the regulating body ponders the Vaneck bitcoin exchange-traded fund (ETF) decision. In a notice published on Wednesday, the SEC thinks “interested persons” should provide...
“Bitcoin maximalists? They can't stop innovation”, says Mati Greenspan
17.6.2021
Mati Greenspan shared some strong opinions about Bitcoin maximalists in this interview from Bitcoin 2021
World Bank Refuses to Help El Salvador Make Bitcoin Legal Tender Citing Environmental and Transparency Issues
17.6.2021
The World Bank has refused to provide technical assistance to El Salvador in implementing bitcoin as legal tender. The bank cited bitcoin’s “environmental and transparency shortcomings” as the reason. World Bank Won’t Help El Salvador With Bitcoin Law The World Bank said...
Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender
17.6.2021
The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimistic,” he said. Central American Bank for Economic Integration...
SEC opens to comments on whether to approve VanEck Bitcoin ETF
17.6.2021
The filing came before the commission's June 17 deadline to approve or disapprove of the Bitcoin ETF following an extension in April
Biden hints at possible cybersecurity arrangement with Russia over ransomware attacks
16.6.2021
Joe Biden said that the U.S. and Russia might have the beginnings of a "cybersecurity arrangement that begins to bring some order" within the next year
SEC Leaves Bitcoin and Cryptocurrency Off Regulatory Agenda 2021
16.6.2021
The U.S. Securities and Exchange Commission (SEC) has released its regulatory agenda which does not mention bitcoin or cryptocurrency regulation. Bitcoin, Cryptocurrencies Not on SEC’s Latest Regulatory Agenda The Office of Information and Regulatory Affairs released the Biden...
Bank of England Boss Pledges ‘Tough Love’ in Cryptocurrency Regulation
16.6.2021
Bank of England Governor Andrew Bailey says there will be an element of “tough love” in regulating cryptocurrency. “What we cannot have is a world where innovation gets a free pass to ignore the public interest. The odds of such an approach not ending well are too high,”...
Tunisian Minister Says He Plans to ‘Decriminalize’ the Buying of Bitcoin
16.6.2021
After reports that Tanzanian President Samia Hassan had asked her finance chief to look into cryptocurrencies, Tunisia has become the latest African country to signal a willingness to embrace digital assets. According to remarks attributed to Ali Kooli, Tunisia’s economy minister, the North...
Steve Hanke warns BTC could 'completely collapse the economy' of El Salvador
16.6.2021
Steve Hanke slammed El Salvador’s Bitcoin adoption as legal tender, and questioned how Bitcoin would function in day-to-day transactions
Italy’s Financial Watchdog Raises Concerns Over Unregulated Cryptocurrency Market
16.6.2021
The chairman of Italy’s financial regulator has raised concerns over the cryptocurrency market without proper regulation. “Without proper oversight there could be a worsening in market transparency, the basis of legality and rational choice for (market) operators,” he said....
Finance Guru Suze Orman Likes Bitcoin Despite Regulation, Elon Musk Effect
16.6.2021
Personal finance guru and best-selling author Suze Orman has given advice on how to invest in bitcoin. She likes the cryptocurrency as a long-term investment despite regulatory uncertainty and the influence Tesla CEO Elon Musk seems to have on the bitcoin market. Suze Orman’s Bitcoin...
Democratic lawmakers have formed group to address regulatory concerns around crypto
15.6.2021
U.S. President Joe Biden is also expected to discuss crypto's role in ransomware attacks during his meeting with Russian President Vladimir Putin on Wednesday
El Salvador reportedly weighing paying employees in Bitcoin
15.6.2021
A 2001 law on monetary integration in the country states that salaries and fees may only be paid in colónes or dollars