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Asian countries recognizing advantages of Bitcoin | Asia Times

Asian countries recognizing advantages of Bitcoin

By Hakimi Abdul Jabar November 21, 2017 3:09 PM (UTC+8)

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On December 26, 2013, the global business and financial bi-weekly magazine Forbes ran an article on how one should have spent $100 in 2013 . The lead item was none other than Bitcoin.

Many are preaching the use for bitcoins in Asia in cross-border transactions, which can be faster...

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Date: 2017-12-30 06:41:30

Asia’s role in the digital currency revolution | Asia Times

While some jurisdictions such as Singapore have open-door policies, others such as Vietnam favor regulation over innovation

By Martin J. Young November 5, 2017 10:29 PM (UTC+8)

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Unless you have been living under a rock for the past year you will have heard of Bitcoin and its meteoric rise in price in recent months. This year alone the digital currency has gone from around US$700 in...

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Date: 2017-12-20 02:09:29

Related topics : bitcoin digital currency price / bitcoin digital currency exchange / global digital currency exchange / digital virtual currency and bitcoins / digital currency like bitcoin

Bitcoin falls on news China to shut digital currency exchanges

Confusion over veracity of report as analysts say the news is only a temporary setback for crypto-currency trading

By Gertrude Chavez-Dreyfuss and Angela Moon September 9, 2017 5:11 PM (UTC+8)

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Date: 2017-12-20 02:10:24

Related topics : bitcoin digital currency exchange / bitcoin digital currency project / digital currency exchange business / digital currency exchange platform / bitcoin digital currency

South Korean bitcoin exchange declares bankruptcy after ...

South Korean bitcoin exchange declares bankruptcy after attack

Intrusion linked to North Korea, where stash of stolen cryptocurrency has topped US$80 million

By Asia Times staff December 20, 2017 1:12 AM (UTC+8)

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South Korean bitcoin exchange Youbit is filing for bankruptcy after it was hacked for the second time this year on Tuesday.

The move to declare insolvency comes despite Youbit's characterization of the attack as less severe than an intrusion last April, according to Coindesk. Users may not see full return of funds, a statement said, but the exchange will be disbursing the cryptocurrency...

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Date: 2018-01-11 21:36:15

Related topics : coin exchange bitcoin cash / bitcoin digital currency exchange / virtual currency exchange bitcoin / coin exchange bitcoin / bitcoin cash exchange

From stones to bitcoins: society's monetary yardsticks ...

The German colonial regime accepted them for paying taxes. But when the colonial government wanted to employ the locals and pay them in German currency, the tribe refused: As far as they were concerned, the German currency was not "money."

The German authorities then painted black crosses on these stone wheels, which indicated their confiscation. The tribe could no longer use them either to pay...

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Date: 2017-12-30 09:39:43

Related topics : use bitcoin to buy gold