In our “Bitcoin” section, we cover the latest news, developments, and trends related to the world’s first cryptocurrency. Here you will find information about the Bitcoin network, mining, market movements, and the factors influencing the BTC price. Read the “Bitcoin” section on ForkNews to stay updated on everything happening in the Bitcoin ecosystem.
Goldman Sachs Chief Executive Lloyd Blankfein said the high volatility of cryptocurrencies meant it was too early for banks to consider them seriously. In an interview with Bloomberg on November 30, Blankfein said: “If the value of a cryptocurrency can rise or fall by 20 percent in just one day, it cannot be called a currency and cannot be perceived as a store of value.”
The conference brought together the main players in the field and leading world-class professionals in each segment: technical specialists, cybersecurity experts, crypto business owners and authors of world bestsellers on the topic of cryptocurrencies.
Despite the fact that over the past year many world politicians have announced their intentions to regulate Bitcoin in some way, some countries have banned cryptocurrencies. The state is taking measures aimed at preventing the purchase/sale of cryptocurrencies in the region. China has already taken this radical step and Morocco has followed suit.
François Villeroy de Galhau, governor of the Bank of France, said that a “speculative asset” is not a currency, and, oddly enough, is not even a cryptocurrency. Pointing to China as a case in point, Villeroy de Galhau continued: “Its cost and extreme volatility have no economic basis and the consequences are essentially no one's responsibility.”
The Bermuda government has created a cryptocurrency development department. During a press conference on Wednesday, the island's Premier David Burt and Homeland Security Minister Wayne Kyne announced the creation of a working group aimed at creating an enabling environment for cryptocurrency and ICOs.
Korean multi-billion dollar ATM conglomerate Hyosung has announced that it will now be possible to buy Bitcoin at its ATMs. This project was brought to life with the support and cooperation of Just Cash.
In September, LendENU asked thousands of Americans if they knew anything about Bitcoin. The lion's share of respondents answered that they know about Bitcoin (78.60%). However, 21.40% responded that they had not heard anything about it.
Although the Central Bank does not have the authority to regulate Bitcoin, Benoit Curie shared the bank's position in an interview with Le Journal du Dimanche on October 29. In this interview, he confirmed that the bank is following the development of cryptocurrency and briefly outlined his views on Bitcoin and other cryptocurrencies.
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