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Category Archives: Politics

China government deepens crackdown on Bitcoin mining

China government deepens crackdown on Bitcoin mining

The province of Hebei, in China, which is 300 km from Beijing, is the latest region to create crackdowns on cryptocurrency miners, and it has already started doing it at homes. The Network Security and Information Technology Commission, led by the local Communist Party, has

Survey: 27% of the US population supports Bitcoin as a legal tender

Survey: 27% of the US population supports Bitcoin as a legal tender

September 7th marked a race of nations for Bitcoin (BTC). The idea of ​​a cryptocurrency as the official currency still encounters resistance, but it also receives strong support. In the United States, a survey by the YouGov America institute revealed that 27% of the population

Coinbase receives SEC threat just before launching USDC loans

Coinbase receives SEC threat just before launching USDC loans

Coinbase CEO Brian Armstrong is really upset. In a long Twitter thread of 21 messages, he recounted that the Securities and Exchange Commission (SEC), has threatened to sue the exchange over a new loan product. The product is with a Coinbase Lend program, which was

IMF criticizes El Salvador again for Bitcoin fund approval

IMF criticizes El Salvador again for Bitcoin fund approval

The government of El Salvador approved the distribution of $30 in Bitcoin (BTC) to each citizen. The law passed on Monday (31/08) received new old criticisms from the International Monetary Fund (IMF).   In fact, the IMF published an old critique made on Aug. 26,

Central Bank of China: We will continue to crack down on cryptocurrencies

Central Bank of China: We will continue to crack down on cryptocurrencies

Cryptocurrency investors who had hoped for a softer stance from China on cryptoactives are frustrated by the Chinese government’s new publication. Instead of easing pressure on the cryptocurrency market, China government said they will intensify the crackdown even further. According to the authorities, repression will