Sheng Songcheng doubts if bitcoin can become a means of exchange that could meet modern economic development needs.
A set of bills to regulate the cryptocurrency market is being developed in South Korea.
The state’s governor has signed the law aimed to validate the use of the blockchain technology in Nevada.
Bitcoin has recently been the focus of media and investors attention as both a long-term safe haven asset and digital currency.
A large number of institutions and companies in about 150 countries were attacked by malware called WannaCry.
The country’s Deputy Finance Minister unveiled that bitcoin may soon become a legal payment method, only a year after the Russian authorities threatened cryptocurrency users with jail time.
Starting today, Bic Camera and Recruit Lifestyle will cooperate with bitcoin exchanges to add cryptocurrency payment option.
The recognition of Bitcoin in Japan is good news for the global cryptocurrency ecosystem as it may drive demand and price.
The Securities and Exchange Commission has denied a request to launch the Winklevoss Bitcoin Trust ETF, prompting bitcoin price to fall by 35% within a day.
Denmark’s police have used cryptocurrency transfers as an evidence for the second time in a row, what is likely to prevent bitcoin usage by criminals in the future.
Chinese biggest bitcoin exchanges unveiled on Sunday they will impose trading fees, as the government is tightening control over digital currency.
The New York Department of Financial Services approved the virtual currency and money transmitter license for Coinbase after a thorough review of its applications.
Сhartering financial technology companies that offer bank products and services is connected with increased interest and inflow of investments in the sphere.