#bitcoin

The Country’s First BTM Installed in Kazakhstan

Kazakh entrepreneur and bitcoin enthusiast Kanat Amrenov hold ForkLog he had installed the first BTM in Kazakhstan. He also intends to launch local cryptocurrency exchange. Despite the fact that Kazakhstan is among ten largest countries in the world, it was not seen on the bitcoin world map until now. However, local enthusiasts gradually change the […]

PrivatBank: Blockchain is Great, but We Put Our Stake on Bitcoin

Dmitri Donets, deputy chairman of e-business center at PrivatBank presented an extended speech on the bank’s cryptocurrency-related intents at Blockchain Conference Kyiv.

Nigerian Financial Restrictions May Inure Bitcoin

In accordance with an order by the Central Bank of Nigeria, the country’s citizens will not be able to use their plastic cards abroad. The prohibition will become effective as of January 1, 2016. It covers not only regular card transactions, but also purchasing any goods or services from foreign retailers on the internet. The […]

SegWit-based Proposal Garners over 30 Signatures of Bitcoin Core Developers

The notorious block size debate is about to gain yet another dimension following the release of a “road map” conceptualized by Bitcoin Core developer Gregory Maxwell.

A Kyrgyz News Agency Offers Bitcoin Wages

Kyrgyzstan’s subdivision of international news agency Sputnik is willing to join the bitcoin community and pay bitcoin wages to its employees. Recently the agency published a long form piece describing advantages of bitcoin transactions over those traditional in detail. This is a burning issue for Kyrgyzstan citizens as many of them have to work abroad […]

Latest Report States Virtual Currency is Attack Prone without State Support

A non-profit think tank RAND Corporation funded by the Pentagon and U.S. Homeland Security released a report titled “National Security Implications of Virtual Currency”, which analyzes possible scenarios of using virtual currencies (referred to in the text as just VC) by terrorists, insurgentes, organized criminals, and malevolent individuals, collectively referred to as non-state actors. The […]

Bitcoin Foundation Suspends the Board Elections and Intends to Hold a Referendum Instead

The Bitcoin Foundation has announced its decision to suspend the elections for its board, and to hold something called a ‘special referendum’ instead. The Foundation’s executive director Bruce Fenton stated: “The logistics and time involved in a general public election are not practical right now given our focus, priorities, and resources.” Considering the recent news […]

A Draft Bill Implying Bitcoin Legalization Introduced in the Russian Parliament

December 18, a draft code implying penalization of issuance and exchange of, and operation with “money surrogates”, was introduced to the Russian Parliament, the State Duma. Russian authorities were going to equal cryprocurrencies to the said surrogates, and even introduce criminal and administrative punishment for any operations related thereto.

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