Blockchain & Crypto Archives - Page 144 of 298

Chinese Congress Reviews National Blockchain Fund Bill

May 25, 2020

Jieqing Tan, a deputy to the National People’s Congress (NPC) of China, has proposed the creation of a specialized blockchain development fund to the NPC, according to a new report from Beijing News. The NPC ...

JPMorgan Suggests For The US To Develop Digital Currency

May 24, 2020

JPMorgan suggests for the US to develop digital currency. The firm, who has launched its own coins, has suggested that the US should invest in developing a digital dollar to maintain its place in the global e...

Russia Proposes Laws Seeking To Ban Crypto

May 24, 2020

Russia proposes laws seeking to ban crypto. Russian lawmakers have proposed new laws that seek to ban the usage of bitcoin and other cryptocurrencies. Draft bills were submitted by a group of deputies to The...

Canaan Looses $5.6 Million Amid Weakening Demand For Mining Hardware

May 23, 2020

Canaan Creative looses $5.6 million amid weakening demand for mining hardware. The bitcoin mining rig manufacturer has reported a net lose of a whopping $5.6 million in the first quarter of 2020 down from $9....

Iranian President Orders For National Crypto Mining Strategy

May 23, 2020

Iranian President Hassan Rouhani has ordered for the government to draw up a renewed national approach for the emerging crypto industry. Rouhani told officials from the Central Bank of Iran (CBI), ener...

ISIS Storing $300 Million In Bitcoin?

May 22, 2020

ISIS storing $300 million in Bitcoin. That was the claimed made by the director of the Counter Extremism Project claiming that ISIS had up to $300 million stored in bitcoin. Funds of equal value have been mis...

Albanian Parliament Signs New Crypto Law: A Bid to Become Blockchain Hub?

May 22, 2020

On May 21st, the Albanian parliament signed a new bill into law to implement a legal framework for cryptocurrencies, which CoinTelegraph described as “Europe’s most comprehensive crypto law yet.” The legisla...

Chinese Govt Advisors Propose Stablecoin for Cross-Border Payment

May 22, 2020

A group of top Chinese government advisors has submitted a proposal for a regional digital currency backed by four fiats – Chinese yuan, Hong Kong dollar, Japanese yen, and Korean won. The proposal was made ...

Local Chinese Authority Seeks to Curb Bitcoin Mining

May 22, 2020

Chinese local government of Sichuan province has turned hostile towards the booming Bitcoin mining operations and issued a notice proposing a ban on the sector. The notice has been issued by the financial ad...

Bitcoin’s Transfer Value On Darknet Spikes

May 21, 2020

Bitcoin transactions on darknet markets jumped 65% in value during the first quarter. The amount of bitcoin sent from darknet entities to mixers also grew rapidly as exchanges with verification requirements b...