The Philippine Central Bank Considers Regulation Standards for Bitcoin

The Philippine central bank, Bangko Sentral ng Pilipinas (BSP) and the country’s regulators are planning to create regulatory standards for digital assets like bitcoin. This week the BSP Deputy Governor, Chuchi Fonacier, said the bank is working with the Securities and Exchange Commission in order to create regulatory guidelines for Philippine businesses and exchanges who … Read more

The World’s First Bitcoin Lottery is Offering a 1,000 BTC Bounty

Anyone kicking themselves for not buying bitcoin sooner now has a novel way to make amends. One of Ireland’s best known lottery operators is offering a bitcoin bounty worth millions of dollars. In exchange for picking six numbers, entrants – who aren’t limited to the Republic of Ireland – will be entered into a draw … Read more

Bitcoin Cash Embassy to Open in Limassol, Cyprus

With the launch of Bitcoin Cash (BCH) by Coinbase and Gdax, the adoption of the cryptocurrency is likely going to accelerate further. To help local users, developers, and investors meet and discuss this, there is going to be a new bitcoin cash community center in Cyprus. Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon … Read more

‘7 Million Transactions a Second’ — Research Paper Declares 1TB Blocks Feasible

This week a research paper was published by the founder of Lokad, a quantitative supply chain software company, and it details how terabyte blocks (TB) implemented into the bitcoin cash (BCH) blockchain could be “feasible both technically and economically.” Also Read: Thomson Reuters Adds Bitcoin Cash to Eikon Platform Research Paper Describes How Terabyte Blocks … Read more