Coingeek: Bitcoin is for barter, not currency: Mexico central bank chief
Thursday, 16 September 2021 03:00
The head of the Bank of Mexico compared digital currencies to barter trade as opposed to being a currency, claiming they are similar to precious metals. [...] Read More... The post Bitcoin is for barter, not currency: Mexico central bank chief appeared first on CoinGeek.
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Coingeek: BSV data services are creating entirely new markets: Fueng Li of BSVdata joins The Bitcoin Bridge
Wednesday, 15 September 2021 13:00
Watch this week's episode of The Bitcoin Bridge to hear all about why the fundamentals of Bitcoin—payments and data—are important and catch up on some of the latest developments coming from China. [...] Read More... The post BSV data services are creating entirely new markets: Fueng Li…
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Coingeek: Digital currency tax guidance still a priority for IRS
Wednesday, 15 September 2021 11:00
The IRS released a joint Priority Guidance Plan for ‘21-‘22 with Treasury and it lists its intention to issue tax guidance for digital currencies as a priority. [...] Read More... The post Digital currency tax guidance still a priority for IRS appeared first on CoinGeek.
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Coingeek: TSC envelope specification targets better data transactions on BSV
Wednesday, 15 September 2021 09:00
The Envelope Specification aims to address the problem of inconsistent data file formats, which each require their own compatible software to open, decode, and process. [...] Read More... The post TSC envelope specification targets better data transactions on BSV appeared first on CoinGeek.
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Coingeek: Zimbabwe finance minister calls for digital currency adoption in remittances
Wednesday, 15 September 2021 07:00
The minister was inspired by solutions being developed at the DMCC Crypto Valley in Dubai and believes that digital currencies could change remittances. [...] Read More... The post Zimbabwe finance minister calls for digital currency adoption in remittances appeared first on CoinGeek.
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Coingeek: Man linked to $1.3B North Korean BTC hacks gets 11 years in prison
Wednesday, 15 September 2021 05:00
Ghaleb Alaumary is accused of having helped North Korean hackers who made off with $1.3 billion targeting banks and digital currency firms, among other crimes. [...] Read More... The post Man linked to $1.3B North Korean BTC hacks gets 11 years in prison appeared first on CoinGeek.
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Coingeek: New York gov’t employee faces 15 years over illegal digital currency mining
Wednesday, 15 September 2021 03:00
The man, an information technology supervisor for the New York State government, reportedly used work equipment to mine up to $6,000 worth of digital currencies. [...] Read More... The post New York gov’t employee faces 15 years over illegal digital currency mining appeared first on CoinGeek.
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Coingeek: China’s national grid to develop green energy blockchain trading platform
Wednesday, 15 September 2021 01:00
Driven by blockchain technology, the State Grid's platform is expected to enable renewable energy to be traded in response to supply and demand. [...] Read More... The post China’s national grid to develop green energy blockchain trading platform appeared first on CoinGeek.
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Coingeek: Coinseed ordered to shut down and pay $3M in relief in win for NYAG
Tuesday, 14 September 2021 17:00
A New York court has ordered digital currency firm Coinseed to shut down, marking a win for the New York Attorney General’s Office. [...] Read More... The post Coinseed ordered to shut down and pay $3M in relief in win for NYAG appeared first on CoinGeek.
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Coingeek: Diem not impressing Washington even with rebranding efforts: report
Tuesday, 14 September 2021 15:00
Facebook has faced an uphill task bringing regulators onboard with its Diem payment system, even after pouring millions into lobbying and rebranding efforts. [...] Read More... The post Diem not impressing Washington even with rebranding efforts: report appeared first on CoinGeek.
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