The British Virgin Islands and blockchain company LIFElabs.io are partnering to launch the BVI~LIFE digital coin. According to the press release from December 3, the launch of the currency is part of a broader effort to grow the financial technology sector. The initiative is to be presented at the BVI Digital Economy symposium on December 3rd.…
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According to Bloomberg, People’s Bank of China is reportedly close to launching its very own digital currency. While the rumour of China launching a cryptocurrency was long in the air, it is now that a senior official has confirmed that the country is in the final stages of completing the "crypto project". The information comes…
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Defendants can now bail out with Bitcoin. The Federal Court in California is now accepting the "people's currency" for releasing defendants. According to press releases, Bitcoin has never been used for bail outs until now. This is considered a major "breakthrough" as cryptocurrency payments were never used for getting someone out of jail. The defendant…
Read moreOne of the most famous and prominent business people in the world has just slammed Bitcoin. Jack Ma, the founder of Alibaba and the fintech company Ant Financial, has officially said that Bitcoin is a bubble. Ma now stands in line with many business leaders who have designated Bitcoin as a bubble and as a…
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