Browse By

Tag Archives: government

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

Bitcoin could collapse, warns Central Bank of Sweden

Bitcoin could collapse, warns Central Bank of Sweden

Sweden’s central bank governor compared the Bitcoin market to commercial stamps, questioning the staying power of coins without government support. “Private money usually collapses sooner or later,” said Riksbank (Central Bank of Sweden) Governor Stefan Ingves at a banking conference in Stockholm. “And of course