Australia is moving toward regulating cryptocurrencies like Bitcoin and Ethereum under new anti-money laundering legislation. According to the Australian Broadcasting Corporation (ABC), Parliament will vote on the measure this week. If it passes, it will place Bitcoin and other cryptos under the auspices of Australia’s financial regulatory agency. If the new laws are passed, the financial… Continue reading Bitcoin Digits Coming Under Strict Regulation In Australia: Getting Off The Ship While You Still Can
Bitcoin’s growing pains continue, it seems. Throughout the year and leading up to the summer, investors, developers, and miners [The Elite Centralizers] engaged in a difficult and at times tense debate about how to scale the cryptocurrency to accommodate the growing customer base and transaction volume. The result was the adoption of new protocols which… Continue reading Fiat Bitcoin Centralizers Decided To Do Another Fiat Hard Fork For You On October 25, 2017
Brian Armstrong, Coinbase’s CEO, publicly said he does not support the statement of around 20 bitcoin exchanges which says that in the event of a hard fork they will list the Bitcoin Core chain as BTC regardless of the longest chain or, presumably, regardless of price and other factors. Armstrong said: “It doesn’t make sense… Continue reading Bitcoin’s Breakup: Prepare Your Bug Out Strategy!