[ad_2][ad_1] As Chinese authorities make it more difficult than ever to trade cryptocurrency into fiat, miners could be forced to relocate to other jurisdictions, local sources say. On Monday, cryptocurrency industry blogger Colin Wu tweeted that miners in China struggled to pay for electricity after authorities started cracking down on …
Read More »Iran Moves to Restrict Cryptocurrency Exchanges Under “Currency Smuggling” Laws
[ad_2][ad_1] The Iranian government has just made channels to cryptocurrency markets riskier and more confusing than ever. According to Iranian news bulletin ArzDigital, parliament released a proposal this week to include cryptocurrency in existing “currency smuggling” and foreign exchange regulations. The result of this future regulation is that Iranian entrepreneurs …
Read More »Communist China moved to restrict the use of Blockchain technology
[ad_2][ad_1] On January 10th, Chinese cybernetics administration announced regulations to manage blockchain technology, requiring registration of real names and identifications. After it entered into force on February 15th, the violation of the rules is punishable by fines or prison. The Chinese authorities have increased the control and imposition of laws …
Read More »LTC / USD restrict price action to highlight another danger
[ad_2][ad_1] Thursday's Litecoin price remains in bear control, nursing losses of more than 3% on the day. The action on LTC / USD prices is shrinking, suggesting that another dip in the south could be very important. 15-minute LTC / USD chart Price action is shrinking within a triangular pattern …
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