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According to the vice commissioner of the European Council Valdis Dombrovskis, the regulations may incorporate prohibition of transactions from so-called “high-risk countries”. Speaking at a press conference in Brussels on Saturday, February 13, Dombrovskis stated: “By June at the latest we will propose measures to […] have better control of payment forms such as virtual […]

Cryptocurrency exchange Bitstamp stated it is back online in Russia. According to the company’s tweet, the site is available for Russia-based users again. Effective immediately, @Bitstamp is again accessible from Russia. — Bitstamp (@Bitstamp) February 12, 2016 Nearly a month ago, in January 2016, Bitstamp’s administration announced it had temporarily blocked access to all users […]

As reported by Baltic Course, Nasdaq will cooperate with the Estonian e-residency platform to maintain e-voting service for companies listed on Nasdaq’s Tallin stock exchange. The service will allow the shareholders to vote on various issues without being actually present. Estonian e-residency program allows foreign residents to obtain virtual residency of Estonia to run their […]

Gavin Andresen, Bitcoin Core developer, announced he dismissed his BIP 101 proposal. The proposal was the basis for Bitcoin XT protocol. BIP 101 was developed in summer 2015 by Andresen and recently departed Mike Hearn. Their solution, however, was widely criticized due to its aggressive block size increase to 8 MB as of 2016 with […]

The cryptocurrency trial in Estonia, or so-called “bitcoin case” was reviewed in open court hearing. A Netherlands enrepreneur, Otto de Voogd, faces trial for running a cryptocurrency exchange. Possible punishment for his activities may place him in jail or cause him to pay enormous penalty fee. Open hearing is an uncommon practice for a superior […]

A venture company founded by some prominent figures of the Ethereum realm, Ethcore, has announced it releases a blockchain suite dubbed Parity. Parity, according to the company, is its flagship implementation of blockchain compatible with Ethereum. The product is written in Rust language, Ethcore’s co-founder Dr. Gavin Wood stated. According to him, Parity in fact […]

Mining pools collectively holding at least 70% of the whole bitcoin network’s hash power sided with two large bitcoin exchanges in a so-called “call for consensus”. The call in question was compiled following the roundtable where the attendees agreed not to support Bitcoin Classic or any other hard-fork they call “contentious”. This move may propel […]

21 Inc., mostly known for manufacturing bitcoin-customized computers, has presented a new product, a free-of-charge application allowing users to define the level of transaction fee required for the transaction to be confirmed during a given interval of time. The app is available at bitcoinfees.21.co. It offers real-time assistance, and shows actual fee amounts for bitcoin […]