Canadian Multinational Bank BMO Blocks Cryptocurrency Transactions

Like taxi drivers attacking Uber or candle makers trying to block out the sun, another bank has taken a stand against bitcoin. BMO is apparently trying to protect its clients from themselves by taking away the freedom to decide what to do with their own money, like using cryptocurrency. Also Read: Steven Seagal Karate Chops … Read more

Mandela’s Golden Hands Sell for $10 Million in Bitcoin

A Canadian businessman agreed to sell four gold castings of South African leader Nelson Mandela’s hands. For $10 million in bitcoin, a cryptocurrency firm launching an initial coin offering (ICO) has agreed to the purchase, promising a world tour of the art pieces in an effort to educate more people about Madiba’s legacy.   Also … Read more

Hydro-Quebec Turns Down New Applications for Crypto Mining Operations

The premier of the Canadian province of Quebec, Philippe Couillard, has temporarily halted the approval of new mining operations partnering with the province’s state-owned power company, Hydro-Quebec. Also Read: Dutch Court Rules That Bitcoin Has “Properties of Wealth”  Hydro-Quebec Halts Approval of New Mining Operations From Offshore Applicants The company states that “Although [it has] a … Read more

Toronto Stock Exchange Operator Launches Crypto Brokerage

TMX Group, the operator of the Toronto Stock Exchange, has announced it’s launching a cryptocurrency brokerage platform. The service will be offered through its Shorcan Digital Currency Network subsidiary and focused on bitcoin and ethereum. The project will be implemented in partnership with the local fintech startup Paycase Financial Corp. Also read: Israeli Crypto Companies … Read more

Twitter and Square CEO Jack Dorsey: Bitcoin to be World’s Currency

Jack Dorsey, CEO of both Twitter and payment platform, Square, told the Times of London there will be a single world currency in the next ten years, and he believes that will be bitcoin. His comments came at a downturn in the broader crypto markets and amidst declarations of bitcoin’s imminent demise.    Also read: Bitcoiners … Read more

G20 Argentina Ends With No New Cryptocurrency Regulation

Nations forming the Group of 20 (G20) summit in Argentina this week issued Comunicado oficial de la primera reunión de ministros de Hacienda y presidentes de Bancos Centrales del G20, or first communication from the world’s central bankers concerning their work. The two page document is crammed with statements, and on the final page bankers … Read more

Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock Up 32%

Traditional stock investors have just gotten another avenue for indirect exposure to the bitcoin market. A Nasdaq exchange listed former patent management company, Marathon, has changed its focus to ASIC mining and today started producing bitcoin. Also Read: Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter Billion Target Marathon Mining Marathon Patent Group, Inc. … Read more