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Bitcoin mining council was launched and Elon Musk is out of it

Bitcoin mining council was launched and Elon Musk is out of it

MicroStrategy CEO Michael Saylor announced on Thursday the Bitcoin Mining Council (BMC), an organization that was created to promote transparency in energy use and accelerate sustainability initiatives around the world. Elon Musk, who last month participated in the meeting that resulted in the formation of

Bitcoin price is recovering after China new cryptocurrencies ban

Old soap: China has banned Bitcoin 5 times since 2013

From 2013 until today, China has already announced the banning of Bitcoin and other cryptocurrencies in its territory on at least 5 occasions. The most recent case occurred last week when the Asian country said it would act to crack down on mining and Bitcoin

Bitcoin price is recovering after China new cryptocurrencies ban

Bitcoin price is recovering after China new cryptocurrencies ban

On Tuesday, China banned financial institutions and payment companies from providing services related to bitcoin and other cryptocurrencies transactions. Comparing with the previous ban issued in 2017, the new rules expanded the scope of prohibited services, and determined that “virtual currencies are not supported by

SEC: It would be a foolish thing for the government to ban bitcoin

According to SEC Commissioner Hester Peirce, the US government could certainly try to ban Bitcoin but doing so would be “foolish.” SEC Commissioner Hester Peirce (Image: Wall Street Journal) During a MarketWatch virtual discussion panel, “How to Invest in Crypto,“ the famous Bitcoin-friendly lawyer –