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.
According to Russian minister for communications, Nikolay Nikiforov, options of using bitcoin’s underlying technology of blockchain to the benefit of the state should be scrutinized. He told that on the sidelines of “Internet Economy” forum on December 21.
According to a post on Reddit, a Coinbase’s customer helped the company to eliminate a potentially critical exploit in their system, but eventually found himself banned for no obvious reason.
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.
Following the notorious court ruling as to the â€śeternal banâ€ť of several Russian websites, including extremely popular BitTorrent tracker Rutracker.org, RosKomSvoboda, The Center for Protection of Digital Rights, and some activists initiated a campaign titled â€śThe Battle of Runetâ€ť. The campaign provides for consolidation of efforts of those thinking the.
A dedicated working group at Japan’s Financial System Council is said to have prepared a draft proposal as to providing regulation framework for digital currency.
Following the terrifying massacre and bombings in Paris last month, the French government started insisting on restricting or even banning several technologies facilitating anonymous money transfers, including digital currencies.
Despite some fears circulating for a while in the community, the Chinese goverment has no intent of banning bitcoin.