China may legalize Bitcoins
Bitcoins can exist together
with the official currency of China . This was stated
by former deputy director of the National Bank of China Wu Xiaoling in the
international financial forum.
According to Wu Xiaoling,
Bitcoins are self-sufficient currency and it can be used on a par with Fiat
money. Ex-deputy noted that Bitcoins have become familiar currency and openly
used in many countries around the world. It's time to China .
This is not the first
statement about Bitcoin in China . In the summer of
2014 the current deputy director of the National Bank of Xu Nuojin said that
there is a place for Bitcoins in China . However, beyond
words it has not yet moved. And in spite of the fact, that Cryptocurrency in China is not prohibited
openly, the official China is not preparing a
bill to legalize Cryptocurrency. But, despite all the statements Deputy
Director, National Bank gives hope Bitcoins Cryptocurrency to be legal in the
country. Wu Xiaoling in his speech focuses on practical benefits for China from using
Cryptocurrency. In addition, a lot of positive feedback was about
blockchain-technologies, which according to Wu Xiaoling, can be studied and
developmented in the country.
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By Dean Walsh December
26, 2014 06:28
NYC Requests Info on Using #Bitcoin to Pay Parking Tickets
New York City is looking for
new ways to make it easier for residents and visitors to pay for their parking
tickets – and Bitcoin is one of a range of new technologies under
consideration.
Parking meters would be more
practical. I'm not giving City Hall my Bitcoins!
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Bitcoin now available at local stores
A customer, left, inserts cash while purchasing bitcoins at a LibertyTeller ATM at South Station, as Liberty Teller co-founder Chris Yim sits at right.
You can now pick up some bitcoin with that bottle of soda and bag of chips at the store down the street.
As we approach the year’s end, I want to look at an important trend that could revolutionize our lives in 2015.
The bitdollar holds some advantages over bitcoin, and could link the U.S. government to the digital currency.