Iran Validates Bitcoin Mining; Legislation and CBDC to Follow
The Iranian Cyberspace Council Secretary has declared that cryptocurrency mining has been accepted by the country’s major authorities.
Secretary Abolhassan Firoozabadi has said that mining now needs the backing of legislation which allows for the activity to become legalized. The Ministry of Information and Communications Technology, the Central Bank, the Ministry of Industry, Mine and Trade, the Ministry of Energy, as well as the Ministry of Economic Affairs and Finance have all given the go-ahead after consultation with the Iranian government.
Read the full article at https://bitcoinnews.com/iran-validates-bitcoin-mining-legislation-and-cbdc-to-follow/
Topic: BitcoinNews: #1 In Blockchain News - page 8. (Read 4529 times)
Can Bitcoin Save a Canadian Ghost Town?
The Canadian mill town of Ocean Falls on British Columbia’s central coast has seen its population shrink from 5,000 to just a handful of residents, becoming a ghost town, but Bitcoin mining might be bringing back the good old days.
Read the full article at https://bitcoinnews.com/can-bitcoin-save-a-canadian-ghost-town/
The Canadian mill town of Ocean Falls on British Columbia’s central coast has seen its population shrink from 5,000 to just a handful of residents, becoming a ghost town, but Bitcoin mining might be bringing back the good old days.
Read the full article at https://bitcoinnews.com/can-bitcoin-save-a-canadian-ghost-town/
No Rest for China As Country’s Largest Bank Adopts Blockchain
The Industrial and Commercial Bank of China (ICBC) has revealed that it intends to focus on developing blockchain technology.
This is a major development in terms of China’s push to integrate blockchain technology into financial systems as the ICBC is the country’s largest banking institution with over 5,000 corporate and 530 million personal customers.
Read the full article at https://bitcoinnews.com/no-rest-for-china-as-countrys-largest-bank-adopts-blockchain/
The Industrial and Commercial Bank of China (ICBC) has revealed that it intends to focus on developing blockchain technology.
This is a major development in terms of China’s push to integrate blockchain technology into financial systems as the ICBC is the country’s largest banking institution with over 5,000 corporate and 530 million personal customers.
Read the full article at https://bitcoinnews.com/no-rest-for-china-as-countrys-largest-bank-adopts-blockchain/
Bitcoin MACD Positive First Time Since January 2018
Moving Average Convergence/Divergence (MACD) has gone into positive territory for Bitcoin for the first time since January 2018. This can be seen on Bitcoinwisdsom when viewing Bitfinex data with a 1-week interval, in the settings menu. MACD first turned positive on 26 August 2018, generally taken to mean a rally may be imminent.
Read the full article at https://bitcoinnews.com/bitcoin-macd-positive-first-time-since-january-2018/
Moving Average Convergence/Divergence (MACD) has gone into positive territory for Bitcoin for the first time since January 2018. This can be seen on Bitcoinwisdsom when viewing Bitfinex data with a 1-week interval, in the settings menu. MACD first turned positive on 26 August 2018, generally taken to mean a rally may be imminent.
Read the full article at https://bitcoinnews.com/bitcoin-macd-positive-first-time-since-january-2018/
42 Blockchain Experts Being Trained in South Korea
The next generation of blockchain experts are soon to be trained in South Korea through a new three-way partnership between the Ministry of Technology and ICT, the Korean Standards Association (KSA) and a Hong-Kong based blockchain and Internet of Things (IoT) startup called Waltonchain.
Read the full article at https://bitcoinnews.com/42-blockchain-experts-being-trained-in-south-korea/
The next generation of blockchain experts are soon to be trained in South Korea through a new three-way partnership between the Ministry of Technology and ICT, the Korean Standards Association (KSA) and a Hong-Kong based blockchain and Internet of Things (IoT) startup called Waltonchain.
Read the full article at https://bitcoinnews.com/42-blockchain-experts-being-trained-in-south-korea/
South Korea to Double Blockchain Pilots for Public Sector in 2019
Public sector blockchain trials are to be doubled in 2019 by the Korea Internet and Security Agency (KISA), moving the number from 6 to 12.
Read the full article at https://bitcoinnews.com/south-korea-to-double-blockchain-pilots-for-public-sector-in-2019/
Public sector blockchain trials are to be doubled in 2019 by the Korea Internet and Security Agency (KISA), moving the number from 6 to 12.
Read the full article at https://bitcoinnews.com/south-korea-to-double-blockchain-pilots-for-public-sector-in-2019/
It’s No Joke! Walmart Entices Customers with $1 Bitcoins
One-dollar Bitcoins at Walmart are on sale, but it’s of the chocolate variety, perhaps showing the US retailing giant’s faith in blockchain technology to boost candy sales.
It is unclear exactly why Walmart is selling the gold-wrapped Bitcoin chocolates, somewhat ironically advertising them at an “everyday low price”, possibly in reference to the flagship cryptocurrency’s drop from the dizzying heights of USD 20,000 at the end of last year, now trading at USD 7,290.95 (at time of writing).
Read the full article at https://bitcoinnews.com/its-no-joke-walmart-entices-customers-with-1-bitcoins/
One-dollar Bitcoins at Walmart are on sale, but it’s of the chocolate variety, perhaps showing the US retailing giant’s faith in blockchain technology to boost candy sales.
It is unclear exactly why Walmart is selling the gold-wrapped Bitcoin chocolates, somewhat ironically advertising them at an “everyday low price”, possibly in reference to the flagship cryptocurrency’s drop from the dizzying heights of USD 20,000 at the end of last year, now trading at USD 7,290.95 (at time of writing).
Read the full article at https://bitcoinnews.com/its-no-joke-walmart-entices-customers-with-1-bitcoins/
Prominent CEOs Upbeat on Bitcoin with 10K November Prediction
Some prominent CEOs have been speaking out on where they see the cryptocurrency market heading as it moves beyond 2018 into the future and the synopsis is upbeat.
With co-founder of BTCC Bobby Lee predicting that when Bitcoin passes the USD 60,000 price level in the coming years, it’ll reach a total circulation value of USD 1 trillion, what then is the short-term synopsis for the digital currency?
Read the full article at https://bitcoinnews.com/prominent-ceos-upbeat-on-bitcoin-with-10k-november-prediction/
Some prominent CEOs have been speaking out on where they see the cryptocurrency market heading as it moves beyond 2018 into the future and the synopsis is upbeat.
With co-founder of BTCC Bobby Lee predicting that when Bitcoin passes the USD 60,000 price level in the coming years, it’ll reach a total circulation value of USD 1 trillion, what then is the short-term synopsis for the digital currency?
Read the full article at https://bitcoinnews.com/prominent-ceos-upbeat-on-bitcoin-with-10k-november-prediction/
Binance to Focus on Africa Amid Inflation Crisis
Binance, often the top crypto exchange in the world with daily trading volume regularly exceeding USD 1 billion per day, says it is fully committed to Africa and will be investing heavily in crypto infrastructure across a continent struggling with an inflation crisis.
Read the full article at https://bitcoinnews.com/binance-to-focus-on-africa-amid-inflation-crisis/
Binance, often the top crypto exchange in the world with daily trading volume regularly exceeding USD 1 billion per day, says it is fully committed to Africa and will be investing heavily in crypto infrastructure across a continent struggling with an inflation crisis.
Read the full article at https://bitcoinnews.com/binance-to-focus-on-africa-amid-inflation-crisis/
Mayor of Naples Plans for Autonomous Government, Native Crypto
The Mayor of Naples, Italy, Luigi de Magistris, has announced a three-pronged plan that would make the City of Naples more independent. The first part of the plan is to announce a concrete manifesto via the legislature that would make the city autonomous. The second part of the plan is to cancel unfair debts, particularly from earthquake recovery and waste management. The third part of the plan is to launch an independent currency, likely a cryptocurrency.
Read the full article at https://bitcoinnews.com/mayor-of-naples-plans-for-autonomous-government-native-crypto/
The Mayor of Naples, Italy, Luigi de Magistris, has announced a three-pronged plan that would make the City of Naples more independent. The first part of the plan is to announce a concrete manifesto via the legislature that would make the city autonomous. The second part of the plan is to cancel unfair debts, particularly from earthquake recovery and waste management. The third part of the plan is to launch an independent currency, likely a cryptocurrency.
Read the full article at https://bitcoinnews.com/mayor-of-naples-plans-for-autonomous-government-native-crypto/
UK Law Commission Begins Smart Contract Research for Legal Reform
The UK Law Commission has begun research into blockchain technology, specifically smart contracts, in order to reform current laws to reflect their legal viability and use cases.
The commission published a working paper on Thursday detailing the extent of the agency’s research thus far. Initial research has already begun, according to the paper, with the in-depth study starting this summer. The project is described as working towards formulating laws that sufficiently reflects the nuances of the emerging technology, including providing flexibility in a ”global, digital context” while providing both legal clarity and certainty.
Read full article at https://bitcoinnews.com/uk-law-commission-begins-smart-contract-research-for-legal-reform/
The UK Law Commission has begun research into blockchain technology, specifically smart contracts, in order to reform current laws to reflect their legal viability and use cases.
The commission published a working paper on Thursday detailing the extent of the agency’s research thus far. Initial research has already begun, according to the paper, with the in-depth study starting this summer. The project is described as working towards formulating laws that sufficiently reflects the nuances of the emerging technology, including providing flexibility in a ”global, digital context” while providing both legal clarity and certainty.
Read full article at https://bitcoinnews.com/uk-law-commission-begins-smart-contract-research-for-legal-reform/
Charlie Shrem Says Hold Your Bitcoins for At Least 5 Years
Crypto expert Charlie Shrem spoke at the MoneyShow conference in San Francisco, saying that people investing in crypto and Bitcoin should hold it for at least five years. Shrem specifically says, “Pick something in the top 10 or 20, and look at those, learn about them, and take a stake in them. Any crypto you’re going to buy, hold for five years. Say, I’m going to lock this, and this money is locked for five years. There’s a high probability you’ll come out ahead in five years, because usually, these bull and bear markets go in two-year cycles.”
Read the full article at https://bitcoinnews.com/charlie-shrem-says-hold-your-bitcoins-for-at-least-5-years/
Crypto expert Charlie Shrem spoke at the MoneyShow conference in San Francisco, saying that people investing in crypto and Bitcoin should hold it for at least five years. Shrem specifically says, “Pick something in the top 10 or 20, and look at those, learn about them, and take a stake in them. Any crypto you’re going to buy, hold for five years. Say, I’m going to lock this, and this money is locked for five years. There’s a high probability you’ll come out ahead in five years, because usually, these bull and bear markets go in two-year cycles.”
Read the full article at https://bitcoinnews.com/charlie-shrem-says-hold-your-bitcoins-for-at-least-5-years/
Soluna Building 900 MW Wind-Powered Crypto Mining Farm in Sahara Desert
Crypto mining firm Soluna is creating a 900 MW wind-powered crypto mining farm in the Saharan Desert, in southern Morocco. It is being built on a 37,000-acre site that is classified as a Class 1 wind site, due to average wind speeds in excess of 22 mph, making it one of the best spots in the world to generate renewable energy from wind power.
Read the full article at https://bitcoinnews.com/soluna-building-900-mw-wind-powered-crypto-mining-farm-in-sahara-desert/
Crypto mining firm Soluna is creating a 900 MW wind-powered crypto mining farm in the Saharan Desert, in southern Morocco. It is being built on a 37,000-acre site that is classified as a Class 1 wind site, due to average wind speeds in excess of 22 mph, making it one of the best spots in the world to generate renewable energy from wind power.
Read the full article at https://bitcoinnews.com/soluna-building-900-mw-wind-powered-crypto-mining-farm-in-sahara-desert/
111,000 Bitcoin Wallet Becomes Active After 4 Years of Dormancy
A Bitcoin wallet with BTC 111,114, worth around USD 800 million at current exchange rates, had been lying dormant since 2014 but recently became active according to an analysis from a Reddit user. A whole range of theories as to who is behind this wallet is cropping up. Some people think it’s Satoshi, others say it’s a wallet connected to the Silk Road. It’s possible this wallet is connected to Mt Gox or perhaps it’s just an anonymous whale investor.
Read the full article at https://bitcoinnews.com/111000-bitcoin-wallet-becomes-active-after-4-years-of-dormancy/
A Bitcoin wallet with BTC 111,114, worth around USD 800 million at current exchange rates, had been lying dormant since 2014 but recently became active according to an analysis from a Reddit user. A whole range of theories as to who is behind this wallet is cropping up. Some people think it’s Satoshi, others say it’s a wallet connected to the Silk Road. It’s possible this wallet is connected to Mt Gox or perhaps it’s just an anonymous whale investor.
Read the full article at https://bitcoinnews.com/111000-bitcoin-wallet-becomes-active-after-4-years-of-dormancy/
Canada Postpones Crypto, Blockchain Regulation Updates to 2020
Canada’s government has effectively put the release of new cryptocurrency regulations on hold until 2020 instead of updating them this fall.
The federal government in Canada is preparing for the 2019 general election which has caused it to delay the release of the regulations until after this has taken place, and with a 12-month waiting period for new regulations to go into effect, they will not be active until 2020.
Read the full article at https://bitcoinnews.com/canada-postpones-crypto-blockchain-regulation-updates-to-2020/
Canada’s government has effectively put the release of new cryptocurrency regulations on hold until 2020 instead of updating them this fall.
The federal government in Canada is preparing for the 2019 general election which has caused it to delay the release of the regulations until after this has taken place, and with a 12-month waiting period for new regulations to go into effect, they will not be active until 2020.
Read the full article at https://bitcoinnews.com/canada-postpones-crypto-blockchain-regulation-updates-to-2020/
Brazil to Receive 1,000 Multi-Crypto Point of Sales Terminals
Brazil is set to receive 1,000 point of sale (POS) terminals that can accept multiple cryptocurrencies as payment.
Indonesian POS terminal suppliers Pundi X Labs have finalized a deal with Brazilian company BitCapital that will see 1,000 X POS devices distributed to hundreds of retail outlets, according to a joint press release. BitCapital states one of its main goals as creating an infrastructure network that can make cryptocurrency to fiat transactions as straightforward as is achievable.
Read full article at https://bitcoinnews.com/brazil-to-receive-1000-multi-crypto-point-of-sales-terminals/
Brazil is set to receive 1,000 point of sale (POS) terminals that can accept multiple cryptocurrencies as payment.
Indonesian POS terminal suppliers Pundi X Labs have finalized a deal with Brazilian company BitCapital that will see 1,000 X POS devices distributed to hundreds of retail outlets, according to a joint press release. BitCapital states one of its main goals as creating an infrastructure network that can make cryptocurrency to fiat transactions as straightforward as is achievable.
Read full article at https://bitcoinnews.com/brazil-to-receive-1000-multi-crypto-point-of-sales-terminals/
Man Amasses World’s Largest Collection of Crypto White Papers
Legal professional John van Rijck has built the biggest white paper database currently available for potential investors to search through around 1,600 projects for free via his website All Crypto Whitepapers.
Read the full article at https://bitcoinnews.com/man-amasses-worlds-largest-collection-of-crypto-white-papers/
Legal professional John van Rijck has built the biggest white paper database currently available for potential investors to search through around 1,600 projects for free via his website All Crypto Whitepapers.
Read the full article at https://bitcoinnews.com/man-amasses-worlds-largest-collection-of-crypto-white-papers/
Japan Latest to Push International Blockchain Voting
In news from Japan, the city of Tsukuba in the south of the country is using a tested blockchain voting system in order to let local residents of the city vote on local programs.
Tsukuba becomes one of Japan’s first cities to utilize blockchain technology in this way. The city is known to Japanese for its role in scientific research and development. Tsukuba Science City represents one of the world’s largest coordinated attempts to accelerate the rate of and improve the quality of scientific discovery, while not claiming to be Japan’s answer to Silicon Valley.
Read the full article at https://bitcoinnews.com/japan-latest-to-push-international-blockchain-voting/
In news from Japan, the city of Tsukuba in the south of the country is using a tested blockchain voting system in order to let local residents of the city vote on local programs.
Tsukuba becomes one of Japan’s first cities to utilize blockchain technology in this way. The city is known to Japanese for its role in scientific research and development. Tsukuba Science City represents one of the world’s largest coordinated attempts to accelerate the rate of and improve the quality of scientific discovery, while not claiming to be Japan’s answer to Silicon Valley.
Read the full article at https://bitcoinnews.com/japan-latest-to-push-international-blockchain-voting/
Japanese Regulators Introduce New Crypto Exchange Screening Rules
Japan is to tighten some of its screening procedures for government approval for cryptocurrency exchanges.
A Japan Times report suggests that the Financial Services Agency (FSA) has “tightened its registration screening for cryptocurrency exchanges to see whether they are properly conducting risk management”, although the report hasn’t been confirmed by Japanese authorities.
Read the full article at https://bitcoinnews.com/japanese-regulators-introduce-new-crypto-exchange-screening-rules/
Japan is to tighten some of its screening procedures for government approval for cryptocurrency exchanges.
A Japan Times report suggests that the Financial Services Agency (FSA) has “tightened its registration screening for cryptocurrency exchanges to see whether they are properly conducting risk management”, although the report hasn’t been confirmed by Japanese authorities.
Read the full article at https://bitcoinnews.com/japanese-regulators-introduce-new-crypto-exchange-screening-rules/
Coinbase Continues Expansion with Eyes on Irish Republic
San Francisco-based cryptocurrency giant Coinbase has revealed that it is considering the Irish Republic as its next push to expand local markets around the globe.
Dublin has been cited as the exchange’s next target and to that end has already begun an employment drive in the city taking on customer support analysts, a compliance officer and an office manager.
Read the full article at https://bitcoinnews.com/coinbase-continues-expansion-with-eyes-on-irish-republic/
San Francisco-based cryptocurrency giant Coinbase has revealed that it is considering the Irish Republic as its next push to expand local markets around the globe.
Dublin has been cited as the exchange’s next target and to that end has already begun an employment drive in the city taking on customer support analysts, a compliance officer and an office manager.
Read the full article at https://bitcoinnews.com/coinbase-continues-expansion-with-eyes-on-irish-republic/
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