Swedish officials with the Swedish Enforcement Authority has settled a debt with bitcoin. This is the first time the enforcement agency in the country accepted bitcoin as payment rendered for debt owed to the State. Also read: Panama City Strip Mall Merchants Embrace Bitcoin Customers New Asset For Use by the Swedish Enforcement Authority An officer working […]
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The President of the Russian Federation, Vladimir Putin, held a meeting on Tuesday to discuss cryptocurrencies. It was attended by top regulators including the central bank governor, her deputy, and the finance minister. While Putin acknowledged the risks associated with cryptocurrencies, he stressed the importance to not “build up unnecessary barriers” for new technologies. Also […]
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Some people are very passionate about bitcoin, and then some people are really big believers in the cryptocurrency revolution. One such person is 39-year-old, Didi Taihuttu, a Netherlands native that’s been selling everything he owns including his home and valuable belongings for bitcoin. Also read: Markets Update: The Bitcoin Price Rocket Blasts Off Again This Family […]
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The South Pacific island nation of Vanuatu has become host to the world’s first government to accept bitcoin in exchange for citizenship. Vanuatu’s citizenship program costs $200,000 USD, meaning that at current prices the residency program costs less than 41.5 bitcoins. Also Read: Nation of Vanuatu Embraces Bitcoin Payments for Farmland Vanuatu Has Become the First […]
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Just recently news.Bitcoin.com reported on a planned hard fork on the Bitcoin network slated for October 25 called Bitcoin Gold (BTG). There’s a lot of controversy surrounding this fork as the BTG team is very unorganized and the project is also tied to those perpetuating the NO2x movement. Also read: Another Fork? Bitcoin Gold Project Plans […]
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North Korea, a nation that has previously been accused of mining bitcoin in order to flout sanctions, is suspected to have hacked a number of bitcoin exchanges in South Korea. The country allegedly stole “100 million won ($88,100) in bitcoin from 2013 to 2015 as part of its efforts to increase the country’s hard currency,” […]
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The Middle East island country of Bahrain is becoming interested in bitcoin and cryptocurrency. Their government hopes to be on the cutting edge of fintech innovations. Khalid Al Rumaihi, the chief executive of the Economic Development Board of Bahrain, mentioned the country has been eyeing the blockchain sector for some time. He hopes Bahrain can “issue […]
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The president of the European Central Bank (ECB), Mario Draghi, has stated that bitcoin does not fall under the regulatory powers of the ECB. The statement was made in response to a question from the Committee on Economic and Monetary Affairs of the European Parliament. Also Read: European Central Bank Criticizes Estonian National Cryptocurrency Plans “It […]
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The month of September is wrapping up, and the planned November Segwit2x (BTC1) hard fork is steadily approaching. According to the BTC1 roadmap, a block between 1MB and 2MB in size will be generated by miners raising the block size limit at block height 494,784. Over the past few months, Core developers and supporters have […]
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The Russian State Duma is holding a tender for a detailed study on the subject of cryptocurrency, blockchain technology, and initial coin offerings (ICOs). The government will pay the winner 2.5 million rubles out of the federal budget. The deadline for submissions is October 10. Also read: Bank of Russia Opposes Cryptocurrency Legalization, Worried About ‘Loss […]
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