Cryptocurrency News

Cryptocurrency News

Russian MPs move to allow crypto payments under contract – regulation bitcoin news

State Duma members are now working on amendments that would allow the use of cryptocurrency as a contractual means of payment. Digital financial assets are treated as assets under Russian law and the changes will legalize crypto payments for contracts between the parties. State Duma will amend the Civil Code to legalize contractual crypto payments […]

Cryptocurrency News

The pace of adopting bitcoin increased in Peru after the presidential ballot – bitcoin news

Peru, a country not commonly associated with bitcoin or cryptocurrency, is experiencing a major increase in the adoption of the digital currency after the first round of its presidential election process. The presidential candidate with the most vote support, Pedro Castillo, is known for his interventionist policies, so Peruvians may be ready for an economic […]

Cryptocurrency News

Comparing the actual cost of gold mining in Africa with bitcoin mining – Op-Ed Bitcoin News

When billionaire Elon Musk announced that Tesla would no longer accept bitcoin as payment for its electric vehicles, the price of crypto assets tanked. In justifying this decision, Musk cited Bitcoin Mining’s inefficient use of electricity as well as its impact on the environment. In fact, before Musk got into this debate, many opponents of […]

Cryptocurrency News

Comparing the actual cost of gold mining in Africa with bitcoin mining – Op-Ed Bitcoin News

When billionaire Elon Musk announced that Tesla would no longer accept bitcoin as payment for its electric vehicles, the price of crypto assets tanked. In justifying this decision, Musk cited Bitcoin Mining’s inefficient use of electricity as well as its impact on the environment. In fact, before Musk got into this debate, many opponents of […]

Cryptocurrency News

HSBC will not launch bitcoin trading desk, CEO says bank has no plans to offer cryptocurrency investment – featured bitcoin news

HSBC has confirmed its bitcoin and cryptocurrency stance as a large number of major banks are offering crypto services. CEO Noel Quinn says that HSBC sees bitcoin as an asset class rather than a payment vehicle, but the bank is not in a hurry to provide cryptocurrency investments for customers. HSBC Confirms Crypto Currency HSBC […]