Bitcoin

Mexican Central Bank Looks to Hamstring Cryptocurrency Exchanges

Mexico’s central bank, Banco de México, is reportedly leveraging the country’s new fintech law to propose further regulations that would, in all but definition, ban cryptocurrency exchanges.  According to a report from Washington, D.C.-based non-profit research and advocacy center Coin Center, the proposed laws in Mexico would hamstring cryptocurrency exchanges ability to access the local […]

Bitcoin

Bahrain Central Bank Unveils Bitcoin Regulations

The central bank of Bahrain (CBB) has issued regulations for businesses engaging in Bitcoin and other cryptocurrency-related activities. The Middle East’s tiniest nation becomes the first in the region to provide official government backing for the emerging asset class. Comprehensive Rules for Bitcoin Businesses According to TradeArabia, the CBB has issued Bitcoin regulations becoming the first […]

Bitcoin

Nick Szabo: Central Banks Might Switch From ‘Physically Vulnerable’ Gold to Bitcoin

Central Banks might resort to cryptocurrency reserves as means of supplementing national gold reserves according to veteran cryptographer Nick Szabo. He also holds that the use of digital currencies will rise in countries with distraught economies.  Cryptocurrency Over Gold Speaking at the Israel Bitcoin Summit at Tel Aviv University on January 8th, legendary cryptographer, Nick […]

Crypto News

Sweden’s Central Bank Warns of Scammers Selling National Cryptocurrency ‘e-krona’

Sweden’s reserve bank has warned that the individuals and firms purporting to sell the electronic version of the national currency, the e-krona, are fraudsters as the digital currency project ‘has not been concluded’. According to Riksbank, ‘no decision has been taken on issuing e-kronas’ and therefore claims to the contrary were false. Riksbank pointed out […]