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Baltic Honeybadger 2017 • November 25-26, 2017

The Baltic Honeybadger conference is the first major event in Latvia dedicated to Bitcoin and the technologies built around it.…

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Tag: economy

Can Cryptocurrencies Drive out Money?

Category: Bitcoin, Commentary, Finance, News

Can Cryptocurrencies Drive out Money?

According to Reuters, Victor Constancio, the Vice President of the European Central Bank, said on November 9 cryptocurrencies will not serve to be an alternative substitute for money, and central banks are unlikely to create digital currencies independently without placing limitations. Central banks worldwide have been forced to monitor the price of bitcoin which has soared, with some predicting a…

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The Federation Council of Russia held a Meeting on “Digital Economy” and “Digital Money”

Category: Blockchain, News, Regulation

The Federation Council of Russia held a Meeting on “Digital Economy” and “Digital Money”

On September 27 this year, in the Plenary Sessions small hall of the Federation Council, experts held a closed meeting of the Federation Council Committee on economic policy with agenda on modern trends in the digital transformation of financial systems, with emphasis on digital money for Russia’s digital economy. The meeting moderator Alexey Mayorov, First Deputy Chairman of the Federation…

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Op Ed: Bitcoin’s Konkin Effect

Category: News

Op Ed: Bitcoin’s Konkin Effect

I have long been a voracious reader, a habit that I picked up from my father at a very early age. Over the years I’ve developed an appetite for libertarian-themed books as a means of further exploring my interests in sovereign living. Recently, I began reading an autobiographical book entitled Mostly On The Edge by the libertarian anarchist Karl Hess….

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Port of Rotterdam Launches Blockchain Lab

Category: Blockchain, News

Port of Rotterdam Launches Blockchain Lab

The Municipality of Rotterdam and the Port of Rotterdam Authority in the Netherlands have launched BlockLab, announced on September 21. The blockchain research lab that will focus on demonstrating the potential of blockchain technology in industries outside of finance. BlockLab and its operations will be financed by the Dutch government and the regional development corporation InnovationQuarter. In the upcoming months,…

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Mexico Seeks FinTech Regulation Solutions

Category: Altcoins, Bitcoin, News, Regulation

Mexico Seeks FinTech Regulation Solutions

On September 19, Reuters reported that Mexican officials had announced the formulation of a bill to regulate the growing Financial Technology (FinTech) sector in the country. The proposed bill will allow government bodies to balance risks and create competition in a new and growing market. Although an independent commission has yet to be formed, reports state that the central bank…

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Cryptocurrency Closure in China Marks Digitization of the Economy

Category: Bitcoin, Commentary, News

Cryptocurrency Closure in China Marks Digitization of the Economy

In a recent interview, associate professor at the Finance Academy of Social Sciences Institute of China, Zhou Ziheng, discussed China’s tough regulatory attitude, the digitization of the economy, and the two great forces of any economy; the public and the private. Cryptocurrency in Limbo Ziheng spoke with associates of Chinese press 8btc.com in regards to the recent market closure on…

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Op-Ed: A “Bit” of Obsession With Being First

Category: Commentary, News

Op-Ed: A “Bit” of Obsession With Being First

One of the realities I face as a full-time crypto/blockchain journalist is that my email inbox is continually overflowing with media press releases. To this point, I’ve noticed a growing trend over the past twelve months that has captured my attention: These releases typically contain at least one bold claim involving the word “FIRST.” Here are a few examples of…

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Vietnamese Prime Minister Moves to Legalize Bitcoin

Category: Bitcoin, News, Regulation

Vietnamese Prime Minister Moves to Legalize Bitcoin

Vietnamese Prime minister approves plan to reevaluate the legal charter for the use of cryptocurrencies, such as bitcoin, in Vietnam. On August 25, VNA reported that Prime Minister Nguyen Xuan Phuc has charged the country’s relevant ministries to reassess its status in regards to cryptocurrencies. This signifies a legislative turn of heart that could soon legally recognize cryptocurrencies in Vietnam….

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Egypt’s First Exchange Bodes Well for Bitcoin Adoption

Category: Bitcoin, Finance, News

Egypt’s First Exchange Bodes Well for Bitcoin Adoption

Egypt will see its first bitcoin exchange, Bitcoin Egypt, launch at the end of August. Citizens gain direct access to the cryptocurrency for the first time. International bitcoin exchanges have refused to deal with Egyptian Pound, acting as a barrier to adoption. Acquiring bitcoin can be done via LocalBitcoins or with money exchangers who work with other payment methods. Two…

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Bitcoin Price Breaks to Fresh All-time High at $3230: Next Targets at $3622 and $4270

Category: Price Analysis

Bitcoin Price Breaks to Fresh All-time High at $3230: Next Targets at $3622 and $4270

BTC-USD has broken to a fresh all-time high on August 5, as Asian markets dominated the bullish charge, despite the hard fork of Bitcoin Cash on August 1. The hard fork did not just test Bitcoin itself but also the ecosystem, with many exchanges providers changing their stance on Bitcoin Cash. The price reached a high of $3230.00 on the…

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