Despite some fears circulating for a while in the community, the Chinese goverment has no intent of banning bitcoin.
Recently it became apparent that the Bitcoin Foundation would run out of money by March if it failed to find money for its further operations. Less than a month later two members of the Foundation board left it with a fuss. It may seem that the organization is in big.
Interest towards blockchain in Russia continues growing, while bitcoin still faces the perspective of banning. Russian Ministry of Finance confirmed its intent to ban cryptocurrency in an exclusive comment to ForkLog.
Several big-name companies from across both financial and technological sectors, including Cisco, Wells Fargo, London Stock Exchange Group, JP Morgan, Intel, Fujitsu, SWIFT, and IBM announced they created a consortium under the aegis of the Linux Foundation in order to develop an alternative for the blockchain technology.
U.S. Securities and Exchange Commission has approved the application from Patrick Byrne’s renowned company Overstock to issue its securities online via a blockchain-based technology. This might be an evidence of a substantial paradigm shift for the authorities’ stance as to anything related to crypto-space. According to the documents available to.
According to the recent ruling by the Kenyan High Court, local operator Safaricom servicing M-Pesa will not have to provide access to bitcoin startup BitPesa. Though the case is far from being dismissed, the current ruling would prolong the service’s inability to operate as is. Last month, the mobile payments.
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According to a newly issued report by the International Data Corporation, overall spending on the IoT-related products is expected to nearly double by the year 2019 to comprise almost $1.3 trillion, as compared to current $700 billion. Leading the trend is the Asia-Pacific region, which hosts more than forty percent.