Chinese Woman Embarks on 21-Day Bitcoin Survival Challenge
A recent documentary show airing on iQiyi, the Chinese equivalent of Netflix, shows how a Chinese Bitcoin enthusiast goes on a survival journey across 21 days in China with a mere BTC 0.21 (approximately USD 1,300) in her pocket. The ongoing series shows real insight into the cryptocurrency potential in China despite tough government attitudes towards it. The […]
Singapore’s Central Bank Doesn’t Think Tokens are Securities
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has said that cryptocurrency tokens do not fall under the definition of securities. Speaking at CoinDesk’s Consensus Singapore 2018 conference Wednesday, Damien Pang, who heads the MAS’s technology infrastructure office for fintech and innovation, said that after carefully analyzing the nature of tokens, the bank will not regulate them as […]
UK Treasury Seeks Regulatory Scope for “Wild West” Crypto Markets
A report published by the United Kingdom Treasury Committee has called for the “Wild West” crypto-asset market to be regulated. Positive outlook The committee, which is comprised of Members of Parliament (MPs), has begun to push lawmakers to begin addressing the numerous risks that it has identified in its report on crypto-assets, published on 19 […]
Mastercard Considers Blockchain for Point-to-Point Payments
Credit card giant Mastercard is lining up for blockchain as it files patents to improve the tracking of consumer payments. The company has expressed that “point-to-point” transactions could be registered efficiently as they are processed using DLT. In line with this patent, other filings remain ongoing. The US Patent and Trademark Office has an outstanding […]
Brazilian Banks Investigated for Unfair Crypto Restrictions
Brazil’s government agency dedicated to inspecting economic power abuses has reportedly opened cases against six major banks in the country thought to have been undermining the performance of cryptocurrency brokers. The banks in question include Banco do Brasil, Bradesco, Itaú Unibanco, Santander Brasil, Banco Inter and Sicredi. The Administrative Council for Economic Defense (CADE) claims that the […]
Can Blockchain Crowdfunding Solve Football’s Financial Burden?
A day doesn’t seem to pass now without the announcement of a top-flight football club’s interest in a new blockchain or crypto project, or an endorsement by a high profile player, and now more are lining up with crowdfunding in mind. The latest to join the “club” are two more English Premier League teams, newly-promoted […]
Crypto Fast Becoming Only Way to Pay in Northern Queensland
From Queensland International Airport to the northern parts of the state, this area of Australia is leading the rush in utilizing cryptocurrency as the way to pay, replacing more conventional card usage and the necessity to carry cash. As covered by Bitcoin News last month and earlier this week in a televized BBC One piece on English […]
Bitcoin Is Not Hurricane Proof, so How Can Users Prepare?
Hurricanes are one of the most powerful meteorological phenomena on the planet, a violent vortex of wind and water that can stretch hundreds of miles. This article explores Bitcoin’s weaknesses in a hurricane scenario and how Bitcoin users can prepare for that possibility. Hurricanes can have winds of up to 200 mph, enough to obliterate […]
UK Government Questioned on Protection of Domestic Blockchain Industry in Bear Market
A question was posed to Lord Bates in parliament Monday regarding the UK’s ability to support the domestic blockchain industry in the current bear market that Bitcoin and other cryptocurrencies are facing. Lord Taylor of Warwick asked his colleague: “Her Majesty’s Government, what assessment have they made of reports that the value of crypto-currencies in the […]
Bitcoin News Daily Podcast, 18th September 2018
Listen to the 18 September 2018 Bitcoin News Daily Podcast below. [su_audio url=”https://anchor.fm/s/58aba88/podcast/play/1372997/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-8-18%2F4653046-44100-2-b98a008064d56.mp3″] On this edition of the Bitcoin News Daily Podcast, we discuss how to protect your Bitcoins and keep using Bitcoin, during and after a hurricane. We speculate on how Bitcoin would be the #1 currency in space once people start inhabiting other planets. […]
