• Argentina Central Bank’s Inability to Stop Inflation is Forcing People to Bitcoin
    by Julio Gil-Pulgar on April 17, 2019 at 10:00 pm

    As Argentina’s inflation rate skyrockets to its highest level since 1992, people are increasingly turning to Bitcoin as an alternative. Inflation in Argentina Surpasses 54 Percent Argentina’s central bank already tightened monetary policy three times in the last month, and inflation is still accelerating at a rate of nearly 55 percent. Bloomberg notes: The inflation rate rose to almost 55 percent in March, with consumer prices rising 4.7 percent in the month, exceeding all of the Read More The post Argentina Central Bank’s Inability to Stop Inflation is Forcing People to Bitcoin appeared first on Bitcoinist.com. […]

  • Nevada Lawmakers Scrap Flawed Cryptocurrency Bill
    by Osato Avan-Nomayo on April 17, 2019 at 4:00 pm

    Lawmakers in Nevada have failed to move forward with a controversial bill for cryptocurrency regulations based on the flawed regulatory model proposed by the U.S. Uniform Law Commission (ULC). Nevada Congress Takes no Action on SB195 The deadline for further action on SB195 on the floor of the Nevada Senate passed on Friday (April 12, 2019). With no action taken, the bill is effectively dead in the water and marks a victory for cryptocurrency stakeholders Read More The post Nevada Lawmakers Scrap Flawed Cryptocurrency Bill appeared first on Bitcoinist.com. […]

  • 3 Countries Tell IMF They Want To Issue Bitcoin Bonds
    by Esther Kim on April 17, 2019 at 2:00 pm

    The governments of at least three countries have formally acknowledged their interest in issuing a sovereign Bitcoin bond to raise capital. Afghanistan, Tunisia, Uzbekistan And Bitcoin Asia Times originally reported the trend April 17 referencing recent statements at this week’s World Bank and International Monetary Fund (IMF) Spring Meetings held in Washington DC. Afghanistan, Tunisia and Uzbekistan are currently mulling the possibility of a Bitcoin bond, all three interested in the instrument’s potential to help Read More The post 3 Countries Tell IMF They Want To Issue Bitcoin Bonds appeared first on Bitcoinist.com. […]

  • Sweden Changed Its Official Currency To Bitcoin (For 30 Minutes)
    by Esther Kim on April 17, 2019 at 12:00 pm

    Hackers convinced Twitter to give them control of the account for Sweden’s ruling political party – then used it to change the country’s official currency to Bitcoin. Swedish Government: ‘Time To Buy’ Bitcoin Speaking in an interview with local news outlet Trijo, one of the five hackers involved in the stunt this week said he did it because he thought socialism “was wrong.” The debacle broke out April 15 when the Social Democrats’ official Twitter Read More The post Sweden Changed Its Official Currency To Bitcoin (For 30 Minutes) appeared first on Bitcoinist.com. […]

  • France Tells EU: Adopt Our Cryptocurrency Laws Across Europe
    by Osato Avan-Nomayo on April 17, 2019 at 10:00 am

    France wants the European Union (EU) to adopt its recently enacted cryptocurrency regulations for the entire region. French Finance Minister: Ours is the Right Way France’s Finance Minister Bruno Le Maire says the EU should consider adopting the country’s approach to regulating cryptocurrencies. Speaking at the ongoing Paris Blockchain Week Summit on Monday (April 15, 2019), Le Maire, opined: I will propose to my European partners that we set up a single regulatory framework on Read More The post France Tells EU: Adopt Our Cryptocurrency Laws Across Europe appeared first on Bitcoinist.com. […]