How Key 2020 U.S. Presidential Candidates Are Showing Support For Bitcoin

Among the numerous issues that will define the 2020 U.S. presidential election, the topic of Bitcoin and blockchain technology is inching its way to the forefront. Indeed, in varying degrees, top democratic presidential contenders have already referred to Bitcoin and its technology. Andrew Yang’s Vision Is Consistent with Crypto Community Among the democratic candidates, Andrew […]

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Elon Musk Supports Pro-Bitcoin U.S. Presidential Candidate Andrew Yang

Visionaries can create the future and value for the world. Now two visionaries are joining forces. In effect, Tesla Inc. CEO Elon Musk announced his support for Bitcoin-friendly Andrew Yang’s run for U.S. president in 2020. Elon Musk, “I support Yang.” On August 10, 2019, while hosting the podcast Hard Core History, American political commentator […]

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Good News For Bakkt? NYDFS Announces Crypto-Licensing Division

The New York State Department of Financial Services (NYDFS) yesterday announced the creation of a new division for licensing crypto-businesses. The ‘Research and Innovation’ Division will supervise and license virtual currencies, address financial inclusion through technology, protect consumer data rights, and encourage innovation in the financial services marketplace. A New ‘BitLicense’ Division Four years ago, NYDFS introduced […]

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Fed Chairman Powell: Bitcoin Is A Store of Value Like Gold

Cryptocurrencies took the center stage again during Federal Reserve Chairman Jerome Powell’s second day of testimony before the U.S. Senate. Today, lawmakers expressed their concerns about the threat that bitcoin and other cryptocurrencies pose to the financial system, including the possible challenge of bitcoin replacing the U.S. dollar as the world reserve currency. Powell: The […]

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India Cryptocurrency Ban Unlikely, Says CEO Of Exiled Zebpay

The CEO of Zebpay, which left India due to banking restrictions, says the rumored cryptocurrency blanket-ban is unlikely to happen. Ajeet Khurana was talking as the company announced the opening of a new headquarters in Melbourne, Australia.  Nobody Who Could Ban It Has Said They Will Speaking to Australian news site Micky, Khurana said that […]

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From Bitcoin Price ‘Lil Pump’ to Bitfinex Tethers: Last Week’s Top Stories

This Sunday will see over 40,000 people attempt to run a 26.2 mile course through the streets of London. It will also see Bitcoinist pack a marathon week of news into the much more easily attempted list of past week’s top bitcoin stories.  Bitcoin Price Pulled In Opposing Directions The past 7 days saw a price […]

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Why Trump’s Clampdown on Remittances Will Force Mexicans to Bitcoin

The US White House is reportedly planning to target remittance payments made by illegal Mexican immigrants in an attempt to curb the inflow of illegal arrivals through the southern border. If passed, those changes may cause immigrants in the US to turn to alternatives, such as Bitcoin.  White House to Cut Remittances to Mexico The […]

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Algeria Embroiled in Political and Economic Unrest – Time to Lift Bitcoin Ban?

Algeria, one of North Africa’s largest producers of oil and gas, is currently going through serious political and economic turmoil.  Amid the current unrest, it’s perhaps high-time for the country to reconsider its position on Bitcoin as it has proven itself as a viable alternative during times of upheaval.  Algeria: Arab Spring 2.0? Algeria, officially […]

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