A major supermarket chain in South Africa, Pick n Pay, has started a trial to accept bitcoin payments in-store at its head office location. A payment technology company named Electrum provides the payments platform, with bitcoin exchange Luno providing the Bitcoin payment infrastructure. Pick n Pay Trials Bitcoin Payments ” In what is potentially a
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National Internet Finance Association of China(NIFA) on Sept. 13 posted a notice on risk prevention and control of “Virtual Currencies”. On August 30 NIFA released a notice warning investors risks of ICOs and in the next few days, ICOs are defined as illegal fundraising and all ICO tokens are delisted from exchanges. What to expect
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Over the past week, bitcoiners everywhere have been focused on the speculative news of China ‘banning’ bitcoin and wondering if the stories were true. According to recent reports from local media and the country’s National Internet Finance Association (NIFA), bitcoin is not ‘illegal,’ but exchanges may face tighter regulatory supervision and might have to cease
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14 September, Shanghai-BTCChina, the longest-standing Bitcoin exchange in the world, announced closure of trading by 30 Sep, 2017. Today Viabtc, the new Shenzhen-based exchange, released a notice on trading closure as well. The market are waiting for news from OKCoin and Huobi anxiously to confirm the de-Chinalization of Bitcoin. BTCChina was founded in 2011 and
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