Tag: Bitcoin

Thursday, June 10th 2021 - 09:30 UTC
Bitcoin legal tender in El Salvador, first country ever

The Parliament of El Salvador has passed with 62 out of 84 votes a bill submitted by President Nayib Bukele to classify Bitcoin as legal tender, thus becoming the first country in the world to adopt a cryptocurrency. Its use as legal tender will go into law in 90 days.
Friday, April 23rd 2021 - 09:20 UTC
Canadian bitcoin producer picks Argentina for new development

Canadian bitcoin miner Bitfarms has announced its plans to start operations in Argentina in early 2022, with a total of 55,000 machines, it was reported. The country emerged as a logical choice due to its relative low expenses in local pesos with all profits in bitcoin, analysts said.
Thursday, June 4th 2020 - 18:11 UTC
Bitcoin Express offering a smooth ride as economies endure shaky 2020

“Get on the train.” That was the response from investment expert Michael Novogratz when asked about his thoughts on Bitcoin (BTC). With the world’s economy in turmoil heading into the second half of 2020, the crypto advocate said now is the time to invest. According to his metrics, BTC is poised to break another resistance level and, thus, raise its baseline average. For investors, that’s a positive sign. However, the latest hype seems to have more substance this time around.
Sunday, February 25th 2018 - 13:48 UTC
Why The Next Oil Boom Will Be Fueled By Blockchain

Big Oil is due for a disruption.
Wednesday, February 21st 2018 - 01:26 UTC
Petro, the Venezuelan cryptocurrency is online

The pre-sale of Petro began early on Tuesday, the cryptocurrency proposed by the Venezuelan government in recent weeks and backed by the country's natural resources. According to experts, it is “ridiculous”, arguing that the creation of a new currency would aggravate the economic crisis in the Caribbean country.
Wednesday, January 10th 2018 - 09:25 UTC
Petro: The cryptocurrency that is not cryptocurrency

According to the journalist specialized in technology Edgar Rincon, the solution devised by the Venezuelan government to evade the “strong and cruel sanctions of the international community to Venezuela”, the Petro, is not a cryptocurrency because “within the guidelines of the cryptocurrency guide does not fit. ”
Monday, December 11th 2017 - 16:37 UTC
Futures market for Bitcoins took off on Sunday at Chicago Board Options Exchange

The first-ever Bitcoin future jumped after it began trading on Sunday as the increasingly popular virtual currency made its debut on a major U.S. exchange. The futures contract that expires in January surged more than US$3,000 to US$18,010 four hours after trading launched on the Chicago Board Options Exchange. The contract opened at US$15,000, according to data from the CBOE.
Tuesday, December 5th 2017 - 14:06 UTC
Bitcoin and other virtual currencies on Scotland Yard radar because of money laundering

The anti-money laundering regulations should be updated to include Bitcoin and other virtual currencies, the UK Treasury has said. The Metropolitan Police says criminals are using crypto-currency cash machines to launder money in London.
Monday, December 4th 2017 - 10:32 UTC
US regulator allows trading in Bitcoin related financial contracts

Bitcoin has taken another step toward the financial mainstream, after a US regulator said it would let two traditional exchanges begin trading in Bitcoin-related financial contracts. CME Group and CBOE Global Markets exchanges will offer investors Bitcoin futures from later this month.
Friday, February 28th 2014 - 02:36 UTC
Fed asks US Congress to look into legal option for regulating virtual currencies such as bitcoin

The US Congress should look into legal options for regulating virtual currencies such as bitcoin, said Federal Reserve Chair Janet Yelleny. Japan-based bitcoin exchange Mt. Gox went dark leaving customers unable to access their accounts. Experts have warned they might not have much recourse to recover their money.