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Japanese City Attracts Cryptocurrency Miners with Abundant Renewable Energy

November 7, 2017 Kevin Helms 0

Japanese City Attracts Cryptocurrency Miners with Abundant Renewable EnergyThe government of a Japanese city known for its renewable energy and low temperature in the wintertime is attracting cryptocurrency miners to use its clean electricity. One company has already announced that it will open “the first clean energy-based Japanese mining center” in the city to mine 10 cryptocurrencies including bitcoin. Also read: Japan’s Internet […]

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China Monitors Booming OTC Bitcoin Market After Shutting Down Exchanges

November 6, 2017 Kevin Helms 0

Chinese Government Monitors Booming OTC Bitcoin Market After Shutting Down ExchangesAfter shutting down the country’s bitcoin exchanges, the Chinese government is monitoring the booming cryptocurrency over-the-counter (OTC) market. A recent government report shows that 680 million yuan, approximately $103 million, were traded in the last two weeks of October on the top three international OTC trading platforms. Also read: China May Try to Block All Bitcoin […]

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South Korea vs USA – Movie Stars Show How to Survive on Bitcoin for a Week

November 5, 2017 Kevin Helms 0

South Korea vs USA - Movie Stars Show How to Survive on Bitcoin for a WeekA South Korean broadcast television channel has produced and broadcasted a reality TV show where two movie stars competed to live on bitcoin for a week. Set in South Korea and San Francisco, the actors were challenged to find merchants who accept bitcoin directly. Also read: Bank of Korea Criticized, Does Not Recognize Bitcoin as Currency […]

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Russian Economy ”Lost 18 Billion Rubles This Year Due to Lack of ICO Regulation”

November 3, 2017 Kevin Helms 0

Russian Economy Lost 18 Billion Rubles This Year Due to Lack of ICO RegulationResearch has shown that the Russian economy has been deprived of 18 billion (approx $300 million) rubles so far this year due to a lack of initial coin offering (ICO) regulation. Also read: Bitcoin Cash Hard Fork Plans Updated – New Difficulty Adjustment Algorithm Chosen 18 Billion Rubles Lost The Russian presidential adviser on Internet development, […]

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Ukraine Drafts Law to Exempt Crypto Income and Profits from Taxation

November 3, 2017 Kevin Helms 0

Ukraine Drafts Law to Exempt Cryptocurrency Income and Profits from TaxationA bill has been submitted to the Ukrainian parliament to amend the country’s tax code to exempt cryptocurrency income and profits from taxation, including from buying, selling, transacting, and mining. Also read: Ukraine’s New Bill Treats Bitcoin as Financial Asset and Encourages Mining Bill Seeks Crypto Tax Exemptions The head of the Committee on Tax […]

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Bitcoin Cash Hard Fork Plans Updated – New Difficulty Adjustment Algorithm Chosen

October 31, 2017 Kevin Helms 0

Bitcoin Cash Hard Fork Plans Updated - New Difficulty Adjustment Algorithm ChosenThe Bitcoin ABC development team has announced its plans for the November 13 Hard Fork upgrade of Bitcoin Cash. The upgrade is designed to stabilize the problematic difficulty adjustment algorithm (DAA). News.Bitcoin.com talked to Bitcoin ABC lead developer Amaury Séchet and Bitprim CEO Juan Garavaglia about what to expect. Also read: Bitcoin Cash Community Preps […]

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Iranian Government Preparing for Bitcoin Use Inside the Country

October 31, 2017 Kevin Helms 0

Iranian Government Preparing for Bitcoin Use Inside the CountryThe Iranian government has been conducting research into the economic and infrastructural aspects of preparing for bitcoin use in its country. According to the ministry of information technology, “arrangements are being made” to put together the infrastructure for the digital currency “as early as possible.” Also read: Russia Picks Pilot City to Launch Two Cryptocurrency Agencies […]

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Russia Picks Pilot City to Launch Two Cryptocurrency Agencies

October 30, 2017 Kevin Helms 0

Russia Picks Pilot City to Launch Two Cryptocurrency AgenciesA city in Russia has been selected as a pilot city to launch two cryptocurrency agencies, following mandates by president Vladimir Putin. Seminars will be offered where participants can receive certificates allowing them to engage in crypto professions as well as learn to protect themselves from cyber attacks. Also read: Japan’s Financial Authority Clarifies Stance on […]

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Vietnam’s Central Bank Seeks to Ban Bitcoin Activities

October 29, 2017 Kevin Helms 0

Vietnam's Central Bank Seeks to Ban Bitcoin ActivitiesThe State Bank of Vietnam has developed a legal framework for digital currencies. The bank has submitted its proposals to its government, seeking to ban activities relating to bitcoin including issuance, distribution, and use. Bitcoin users may be subject to criminal prosecution and fined up to 200 million dong. Also read: Japan’s SBI Group Launching Eight […]

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South Korea Advances Crypto Bill Targeting Multi-Level and Door-to-Door Sales

October 28, 2017 Kevin Helms 0

South Korea Advances Crypto Bill Targeting Multi-Level and Door-to-Door SalesSouth Korea is moving forward with a bill to regulate cryptocurrencies. According to the country’s Ministry of Justice, the bill will primarily focus on cracking down criminal activities including crimes perpetuated through multi-level and door-to-door sales. Also read: Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble Bill To Focus on Criminal Activities The […]

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