Blockchain & Crypto Archives - Page 294 of 298

Russian Economic Development Ministry Reportedly Opposes Bitcoin Ban

December 28, 2014

Russia’s Ministry of Economic Development has reportedly criticized a proposed bill by the Ministry of Finance to ban Bitcoin in the country. The proposed law, referred to as “On the Central Bank,” was report...

Ecuador Launches Initial Phase of Electronic Money System, to Be Administered through SMS

December 28, 2014

Ecuador has reportedly launched the initial phase of its Electronic Money System (EMS). The official currencies to be used in the system will be the euro and dollar, the latter of which was adopted by the co...

Will Russians Turn to Bitcoin as Ruble Crumbles? Volumes Increase but Ban Looms

December 19, 2014

The unfolding economic crisis in Russia has pounded the ruble, which crashed by as much 20% within 24 hours earlier this week. It later rebounded to around 60 rubles per dollar following intervention of the c...

Actually, Bitcoin Rallied Yesterday… against the Ruble, Hits Four-Month High

December 17, 2014

It turns out that bitcoin prices performed extremely well yesterday… in Russia. While BTC/USD slumped by four percent and hit a six-week low, BTC/RUB excelled. It soared by as much as 10% to 21,650 on BTC-e,...

NYDFS Reveals 3746 Comments: Retailers, WU, New York Bankers Association and Dogecoin Foundation in the Mix

December 4, 2014

The New York Department of Financial Services (NYDFS) has made public 3,746 comments received on the BitLicense proposal. Superintendent Benjamin Lawsky made the revelation via Twitter, adding that a revised ...

Coinbase Introduces USD Wallets for Instant Bitcoin Purchases

December 2, 2014

Coinbase has launched its USD Wallets, which allow users to send and store dollars with Coinbase. When purchasing some bitcoin, users will then not have to wait for a bank transfer to clear before their order...

Chinese Yuan Global Payments Market Share Drops in November, Maintains 7th Spot

November 26, 2014

According to data released by Society for Worldwide Interbank Financial Telecommunication (SWIFT), the Chinese yuan’s market share in global payments dropped throughout the past month as a mainland liquidity sq...

Welcome To The Blockchain (The Bitcoin Song) By Toby Ganger + Decap

November 15, 2014

https://www.youtube.com/watch?v=YbzNJr26H-4 Fresh out of the oven, launched yesterday on YouTube is original hip hip and rap song by Toby Ganger + Decap entitled 'Welcome To The Blockchain'. In the song, his ...

Russia Reduces Proposed Fines For Bitcoin Usage, Community Unimpressed

November 11, 2014

Coindesk reports that Russia’s Ministry of Finance has been gracious enough to lower the proposed fines for dealing in bitcoin. The fines are stipulated in a draft bill that would ban all use of Bitcoin, incl...

Cannabis Coin Gets Off Its High After “Yes We CANN” Event, Loses 85%

October 28, 2014

Whatever gets high, must come down. Such is the case with most altcoins undergoing astronomical multifold gains. But the drop doesn’t usually happen so quickly. Cannabis Coin had its share of glory when it r...