China has proposed adding cryptocurrency mining to the country’s latest “Negative List for Market Access.”
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The People’s Bank of China (PBOC), the country’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore is “considered illegal financial activity.”
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Bitcoin (BTC) is the largest and most well-known cryptocurrency, but it wasn’t the first attempt at a digital, decentralized currency.
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Coinbase published the company’s shareholder letter on Tuesday which detailed it made over $2 billion in net revenue during the second quarter. The firm said “Q2 was a strong quarter” for Coinbase as it saw both “growth and diversification” this year.
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History moves in uneven steps. Just as the telegraph erased time and distance in the 19th century, today’s innovations in digital money may bring significant changes in the way we lead our lives.
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New digital forms of money have the potential to provide cheaper and faster payments, enhance financial inclusion, improve resilience and competition among payment providers, and facilitate cross-border transfers.
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Daymak, a Canada-based electric vehicle company, has announced the Daymak Spiritus, an electric car that will be able to mine cryptocurrencies.
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Coinbase will be listing dogecoin in the next six to eight weeks, the company’s CEO has revealed.
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With tokens gradually turning into the new currency of the 21st century, more investors are striving to acquire a stake in cryptocurrency until the time has gone.
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Spacex and Tesla CEO Elon Musk sees dogecoin as his “private stimulus for the people” that represents “legit hope for people” hit by the coronavirus pandemic
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