Bitcoin Adoption in Latin American With Max Webster

Bitcoin Magazine Bitcoin Magazine’s articles are written by a paid staff of full-time, part-time and freelance journalists with a passion for Bitcoin. Our writers adhere to a strict code of journalistic standards and ethics, and do not accept payment from third-party sources for coverage. Bitcoin Magazine also accepts articles from guest contributors from the Bitcoin…

$200 Million SIM-Swap Case vs. AT&T Goes Forward

A lawsuit filed by the co-founder of crypto investment group BitAngels against telecommunications giant AT&T for failure to stop a SIM swap is moving to trial. This suit was first filed by Michael Terpin in August 2018 in the Los Angeles U.S. District Court. Terpin claims that AT&T cooperated with scammers on two separate occasions,…

EU Calls Crypto Market ‘Anticompetitive,’ Says Central Bank Coin Would Help

In a wider report on market competition in fintech, the European Union’s Policy Department for Economic, Scientific and Quality of Life Policies devoted a section to “digital currencies,” denoting two varieties: “private digital currencies … and central bank-issued currencies.” Both types “rely on distributed ledger technologies, like blockchain,” the report says; however, a blockchain-based central…

Bitcoin Miner Demand Is Outstripping Supply in China

This article was originally published by 8btc and written by Vincent He. Bitcoin’s ongoing bull run has sprung up demand for new mining equipment, putting pressure on manufacturers to produce enough machines to satiate buyers. For instance, the Huaqiang North Commercial Area, the largest mining equipment market in China, has sold out its stock —…

Crypto Crimes Cost South Korea More Than $2 Billion

South Korea has been hit with approximately $2.28 billion (2.69 trillion won) in financial damage due to cryptocurrency-related crimes within the last two years, according to a report from The Korea Herald. According to the report, the country’s justice ministry has indicted and detained 132 suspects believed to be involved in one form of crypto…

India Crypto Regulations Report Calls for Ban

The Indian Inter-Ministerial Committee (IMC) on Virtual Currencies has completed its report on the crypto asset space and its implications for India, and it’s prepared to go before the Supreme Court with its findings tomorrow, Bitcoin Magazine has learned. Among other recommendations, the report calls for the ban of “private cryptocurrencies.” On July 18, 2019,…

Iran Moves Forward With Tariffs Against Crypto Mining

After much deliberation, the Economic Commission of the Islamic Republic of Iran has officially submitted restrictions on energy costs for crypto miners in the country. Cryptocurrency has been a particularly hot-button issue in Iran over the past several months, as it represents a borderless, accessible currency that is not subject to international sanctions against the…