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South Korea vs USA – Movie Stars Show How to Survive on Bitcoin for a Week

South Korea vs USA - Movie Stars Show How to Survive on Bitcoin for a WeekA South Korean broadcast television channel has produced and broadcasted a reality TV show where two movie stars competed to live on bitcoin for a week. Set in South Korea and San Francisco, the actors were challenged to find merchants who accept bitcoin directly. Also read: Bank of Korea Criticized, Does Not Recognize Bitcoin as Currency […]

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Bitcoin Cash Hard Fork Plans Updated – New Difficulty Adjustment Algorithm Chosen

Bitcoin Cash Hard Fork Plans Updated - New Difficulty Adjustment Algorithm ChosenThe Bitcoin ABC development team has announced its plans for the November 13 Hard Fork upgrade of Bitcoin Cash. The upgrade is designed to stabilize the problematic difficulty adjustment algorithm (DAA). News.Bitcoin.com talked to Bitcoin ABC lead developer Amaury Séchet and Bitprim CEO Juan Garavaglia about what to expect. Also read: Bitcoin Cash Community Preps […]

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South Korea Advances Crypto Bill Targeting Multi-Level and Door-to-Door Sales

South Korea Advances Crypto Bill Targeting Multi-Level and Door-to-Door SalesSouth Korea is moving forward with a bill to regulate cryptocurrencies. According to the country’s Ministry of Justice, the bill will primarily focus on cracking down criminal activities including crimes perpetuated through multi-level and door-to-door sales. Also read: Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble Bill To Focus on Criminal Activities The […]

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Japan’s SBI Group Launching Eight Crypto Businesses Including Mining

Japan's SBI Group Launching Eight Crypto Businesses Including MiningJapanese financial services company SBI Group has revealed its plans to create a “new financial ecosystem based on cryptocurrency.” Eight different crypto-related businesses are being developed simultaneously including mining, hedge fund management, and a derivatives market. Also read: Chinese Exchanges Seek Second Chance in Japan and Other More Crypto-Friendly Countries New Financial Ecosystem Based on Cryptocurrency […]

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Russia’s Capital Discusses Issuing Moscowcoin Cryptocurrency

Russia's Capital Discusses Issuing Moscowcoin CryptocurrencyAs the work on Russia’s national cryptocurrency is underway, the city of Moscow is discussing issuing its own cryptocurrency, the Moscowcoin. This will be possible after the legal framework of cryptocurrencies is established for the whole federation, city officials explained. Also read: Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble Moscowcoin Discussion […]

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Russian Regulators Consider Establishing a ‘Crypto-Detective Agency’

Russian Regulators Consider Establishing a ‘Crypto-Detective Agency’At a recent State Duma Financial Market Committee meeting, an initiative to create a “crypto-detective agency” in Russia was proposed. This specialized agency will primarily collect all information on Russian companies planning to launch an initial coin offering (ICO) as well as create a registry of them. Also read: Putin Orders the Issue of Russia’s National […]

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KYC Bill to Regulate Bitcoin Exchanges Green Lighted by Australian Senate Committee

KYC Bill to Regulate Bitcoin Exchanges Green Lighted by Australian Senate CommitteeA bill to regulate Australia’s digital currency exchanges has gained support from the Senate committee tasked to review it. The committee recommended for the bill to be passed. However, public comments from the industry’s participants suggest that some provisions in the bill are unclear and could reduce competition in the payment industry. Also read: Australia Introduces […]

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Research Shows Half a Billion People Are Mining Cryptocurrencies Without Knowing It

Research Shows Over Half a Billion People Are Mining Cryptocurrencies Without Knowing ItThe company behind the ad blocking program Adguard has analyzed the most popular 100,000 websites for cryptocurrency mining scripts. They found that over 500 million people have been mining cryptocurrencies and “they have no idea it is happening.” Each website running the script earns an estimated $43,000 within the three-week period studied. Also read: Putin Confirms […]

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Putin Tells Central Bank Not to Create Unnecessary Barriers to Cryptocurrencies

Putin Tells Central Bank Not to Create Unnecessary Barriers to CryptocurrenciesThe 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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Bitcoin ATMs On the Rise in Russia

Bitcoin ATMs On the Rise in RussiaThe number of bitcoin ATMs is on the rise in Russia. Ten of them were recently installed in five districts of Novosibirsk by a local startup. Last week, a different company announced their plans to install a hundred cryptocurrency ATMs in Moscow hotels and airport terminals starting this month. Meanwhile, the regulators have said that […]

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