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Bitcoin Will Not Face Strict Regulations in the US, Official Says

Bitcoin Will Not Face Strict Regulations in the US, Official Says

Posted by By Vince Saboti December 7, 2020Posted inBitcoin News
Brian Brooks, a supervisor of the US money management, in an interview on CNBC, refuted recent rumors about plans of the US Ministry of Finance to introduce new cryptocurrency regulation: “We are focused…
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Russian Crypto Companies are Preparing to Leave the Country

Russian Crypto Companies are Preparing to Leave the Country

Posted by By Vince Saboti December 7, 2020Posted inBitcoin News
According to the opinion of individual experts, the companies, whose activity is related to cryptocurrencies and blockchain, are deeply worried by the laws adopted by the Russian government and are thinking about leaving the…
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Only 24% of Russian Bankers Support the Idea of a Digital Ruble

Only 24% of Russian Bankers Support the Idea of a Digital Ruble

Posted by By Vince Saboti December 6, 2020Posted inBitcoin News
The Association of Russian Banks conducted a survey and found out how the banking community relates to the idea of ​​creating a new currency for the Central Bank of the Russian Federation. The…
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China Conducts Another Digital Yuan Distribution Worth $3 Million

China Conducts Another Digital Yuan Distribution Worth $3 Million

Posted by By Vince Saboti December 6, 2020Posted inBitcoin News
The government of the Chinese city of Suzhou has published a blog post in which it has announced the release of 20 million yuan in digital currency. From 5 to 6 December, any…
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Chinese Media Urges Citizens Not to Succumb to Bitcoin Hype

Chinese Media Urges Citizens Not to Succumb to Bitcoin Hype

Posted by By Vince Saboti December 5, 2020Posted inBitcoin News
Chinese government-controlled news agencies Sina and Xinhua urged not to fall for the hype around Bitcoin, and that the authorities should focus on the research of blockchain technologies. Reporters from China's state-run news…
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US Financial Stability Board Calls for Tight Crypto Regulation

US Financial Stability Board Calls for Tight Crypto Regulation

Posted by By Vince Saboti December 5, 2020Posted inBitcoin News
The US Financial Stability Board has called on regulators and federal authorities to tighten controls over firms and payment systems that handle cryptocurrencies. The department is engaged in identifying the risks and threats that…
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Bitcoin Rally to Continue in 2021 Amid Inflation and Weakened US Dollar

Bitcoin Rally to Continue in 2021 Amid Inflation and Weakened US Dollar

Posted by By Vince Saboti December 4, 2020Posted inBitcoin News
Bitcoin’s price has almost doubled in the past two months. One of the factors for this was the big publicly traded companies who have bought the cryptocurrency to counter an inflation-induced drop in…
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The Bank of Canada is Preparing for a Digital Currency Issuance

The Bank of Canada is Preparing for a Digital Currency Issuance

Posted by By Vince Saboti December 4, 2020Posted inBitcoin News
The need for the Bank of Canada to introduce its own digital currency may appear earlier than anticipated, said Timothy Lane, who is the deputy governor of the financial regulator. He named the main…
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By the End of 2021, Bitcoin Will Cost at Least $200,000, Willy Woo Says

By the End of 2021, Bitcoin Will Cost at Least $200,000, Willy Woo Says

Posted by By Vince Saboti December 3, 2020Posted inBitcoin News
Popular cryptocurrency expert Willy Woo believes that in a year the Bitcoin rate will reach $200,000. And this is the most conservative of his predictions. In a series of posts on Twitter, the…
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The Bank of Russia has Decided to Issue a "Hybrid" Digital Ruble

The Bank of Russia has Decided to Issue a “Hybrid” Digital Ruble

Posted by By Vince Saboti December 3, 2020Posted inBitcoin News
The Bank of Russia – the country's central bank – will soon start issuing the digital ruble. It will become a supplement payment method, on a par with existing cash and non-cash money. This…
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