Elizabeth Gail

Gold grid lines.

Elizabeth Gail

Chinese Court Says Bitcoin is Legal Property, Regulatory Hurdles Still Exist

Bitcoin has been declared legal property in China after a court ruling by the Hangzhou Internet Court. The declaration was made following an injunction on a legal dispute between crypto…

Prices of Bitcoin Miners in China Have More Than Doubled

The bitcoin mining frenzy is on and miner rigs are once again in high demand following the recent market escalation. It saw the industry emerge from a five-month crypto winter.…

India, U.S. Governments Move to Rein in Facebook, Libra Cryptocurrency Project

The Facebook Libra cryptocurrency project is facing pushback from Indian lawmakers. According to Economic Affairs Secretary Subhash Garg, the firm’s digital currency is privately-controlled and this fact alone makes the…

Iran Approves Crypto Mining Framework Amid U.S. Sanctions

The Iran economic commission has approved a cryptocurrency mining regulatory mechanism. This is according to an announcement made by the nation’s Chamber of Commerce. The long-awaited framework is set to…

Facebook Accused of Moving Fast to “Break Things” During Senate Hearing

Libra project head, David Marcus, has had the uphill task of mollifying skeptical lawmakers. Appearing before the Senate Banking Committee hearing earlier this week, the former PayPal executive was in…

Why China Wants to Ban Cryptocurrency Mining

China is looking to ban cryptocurrency mining and regulators in the country are seeking public opinion on the matter. The nation is home to the world’s biggest mining-pools and hardware…

Iran is Looking to Allow Regulated Cryptocurrency Mining

Abdol Nasser Hemmati, the governor of the Central Bank of Iran has announced that the government is working on a framework that will allow regulated cryptocurrency mining. According to the…

Facebook Libra Project Already Facing Resistance, Major Hurdles Ahead

Facebook has released details of its highly secretive cryptocurrency project. The venture has stirred the crypto community and drawn interest from crypto industry stakeholders due to its market shifting potential.…

UK Based Crypto Mining Company Posts Impressive Profits

Bitcoin mining-profitability is on the rise again as the market recovers and Argo Blockchain, a United Kingdom-based mining company, says revenues have reportedly surpassed its projected second-quarter earnings as a…

Crypto App Downloads Low, Tech Companies Make Crypto Adoption Easier

The crypto market has spiked in recent months, but the number of downloaded industry apps has not increased. This is according to a report published by Bloomberg. It reveals that…