Global regulators play whack-a-mole with bitcoin as demand explodes – Bloomberg – Bitcoints

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Published on October 11th, 2017 | by bitcoin

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Global regulators play whack-a-mole with bitcoin as demand explodes – Bloomberg

Last week, European Central Bank Governing Council member Ewald Nowotny said the bank is discussing “concrete legal restrictions” on digital coin sales.
It’s a development that creators of bitcoin, the best-known digital currency, saw coming, and prepared for.
Trying to control it is “like trying to catch water,” said Alex Tapscott, chief executive of NextBlock Global Ltd., a venture-capital firm that invests in blockchain startups.
“The invention of bitcoin is one of the most liberating technologies in all of human history.
Bitcoin Mining China is the leader in bitcoin mining capacity — computers that are used to support bitcoin transactions and then get paid for the service with newly minted coins.

Source: News.google.com



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