South Africa’s Second Largest Supermarket Chain Pick n Pay Trials Bitcoin Payments

News A major supermarket chain in South Africa, Pick n Pay, has started a trial to accept bitcoin payments in-store at its head office location. A payment technology company named Electrum provides the payments platform, with bitcoin exchange Luno providing the Bitcoin payment infrastructure. Also read: Five Leading Russian Universities Start Offering Cryptocurrency … Read moreSouth Africa’s Second Largest Supermarket Chain Pick n Pay Trials Bitcoin Payments

Blockchain Is Used To Fight Blood Diamonds and Counterfeits

Blockchain is extending its reach to help combat the trade in blood diamonds and the spreading of counterfeits. According to a recent report by NGO Global Witness, the distribution of blood diamonds from war-torn countries, like the Central African Republic (CAR), is growing and even making their way onto social media platforms. Both Facebook and … Read moreBlockchain Is Used To Fight Blood Diamonds and Counterfeits

India Considers Issuing Its Own Bitcoin-Like Cryptocurrency as Legal Tender

Regulation While working on creating a legal framework for bitcoin and other digital currencies, the Indian government is now considering launching its own bitcoin-like cryptocurrency. The proposed government cryptocurrency is to be issued by the Reserve Bank of India (RBI). Also read: Indian Bitcoin Hotspot Bangalore Sees 50+ Merchants Added This Month Indian … Read moreIndia Considers Issuing Its Own Bitcoin-Like Cryptocurrency as Legal Tender

Bitcoin Journalism Wanted – We Are Hiring!

News.bitcoin.com is hiring! We are looking for an assistant editor and another staff writer/editor, preferably based in Asia (Japan/China/India) or the EU (if you live in any of the US time zones, there is no need to apply).  Bitcoin.com operates from several locations globally including Hawaii, Florida, St Kitts, Stockholm, Budapest, and Tokyo. We’ve also got … Read moreBitcoin Journalism Wanted – We Are Hiring!

China’s Regulatory Crackdown Forces More Bitcoin Exchange Closures

Regulation The regulatory crackdown in China against cryptocurrency trading platforms is happening once again. It all started yesterday as the exchange BTCC announced it was closing on September 30. Now the exchange Viabtc is also shutting down operations in mainland China on the same day, and more exchanges are expected to follow. … Read moreChina’s Regulatory Crackdown Forces More Bitcoin Exchange Closures

Market Analysis Report (15 Sep 2017)

Bitcoin Price Slips Below $3,000 on Chinese Exchanges Regulatory uncertainty shook the crypto markets yesterday, as traders grappled with increasingly-credible rumors that the People’s Bank of China (PBoC) will suspend trading at Chinese Bitcoin exchanges. Weighed down by this tumultuous climate, the bitcoin price has fallen below $3,000 at Chinese markets. In the past 12 hours alone, … Read moreMarket Analysis Report (15 Sep 2017)

Bitcoin Exchange BTCC to Halt Trading as Regulatory Storm Brews in China

Regulation This past week there’s been many rumors that Chinese cryptocurrency trading platforms would be shutting down shortly due to regulatory concerns. Now the China-based exchange BTCC has announced it will be shutting down operations on September 30. Also read: China to Play a ‘Leading Role’ in Bitcoin’s Future   BTCC Exchange to … Read moreBitcoin Exchange BTCC to Halt Trading as Regulatory Storm Brews in China