Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble
Russia’s president Vladimir Putin has reportedly ordered the issue of the national cryptocurrency, the “cryptoruble.” The Russian Minister of Communications and Mass Media has revealed some details of this new currency. Also read: Putin Confirms Russia Will Regulate Cryptocurrencies Putin’s Executive Order Russia’s Minister of Communications and Mass Media, Nikolay Nikiforov, said at a closed meeting […]
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The total market capitalization of bitcoin is approaching $100 billion USD, currently sitting at approximately $94 billion USD. The current market capitalization is comparable to that of numerous top 100 global companies. Also Read: Markets Update: Bitcoin’s Price Peaks Past $5800 Across Global Exchanges Bitcoin’s Market Capitalization Has Begun to Test the $100 Billion USD Area […]
The founder of Wikileaks, Julian Assange, has posted a tweet thanking United States government officials and the financial institutions that refused services to Wikileaks for driving them to invest in bitcoin during 2010. Assange’s tweet indicates that Wikileaks’ bitcoin holdings have seen gains of over 50,000%. Also Read: Your Bitcoins Open to CIA and Criminals, Heed […]
Russia’s regulators have revealed how they plan to find and tax cryptocurrency miners as well as license them. This follows their meeting with Russia’s President Vladimir Putin. At the meeting, they agreed to regulate cryptocurrency mining, alongside cryptocurrencies themselves including bitcoin. Last week, the finance ministry proposed creating a registry of crypto miners. Also read: Research […]
The Wall Street tycoon and JP Morgan CEO Jamie Dimon is once again talking about bitcoin investors in a derogatory fashion. On October 12, Dimon told CNBC that he was done talking about bitcoin and that it was basically irrelevant to him. However, Dimon won’t shut up about bitcoin as the bank executive called bitcoin […]
A Finland-based law firm, Nordic Law, made an announcement Thursday they would begin accepting bitcoin payments for legal services rendered. Specializing in business and law, the firm recognized their clients’ needs for leveraging alternative forms of payment. Also read: Remittance Startup Bitspark Drops Bitcoin Over Network Fees The company blog explains: “We have received several inquiries […]
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 […]
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 […]
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 […]
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 […]