Bitcoin

India's Modi says digital currencies being used to fund terror
India's Modi says digital currencies being used to fund terror
Business and Economy
by  AFP

Digital currencies need more regulation to stamp out funding for terror operations, India's Prime Minister Narendra Modi said Friday at a major international forum to combat financing of extremist groups. On Friday, he went further and told delegates at the Conference on Countering Financing of Terrorism that "private currencies" posed a grave security risk.

Salvadoran president vows to buy "one #Bitcoin every day'
Salvadoran president vows to buy "one #Bitcoin every day'
World
by  AFP

President Nayib Bukele of El Salvador, the first country to make bitcoin legal tender, said Thursday the nation would buy one unit of the currency every day, doubling down in the face of public criticism of his embrace of the crypto money. "We are buying one #Bitcoin every day starting tomorrow," the president tweeted.

In Niagara Falls, bitcoin mining brings a new roar to town
In Niagara Falls, bitcoin mining brings a new roar to town
Business and Economy
by  AFP

In the US border town of Niagara Falls, residents accustomed to the soothing roar of the famous waterfalls recently discovered a much less pleasant sound: the "haunting hum" of bitcoin mining farms. "The noise pollution of this industry is like nothing else that has been there," said Niagara Falls Mayor Robert Restaino in his office decorated with paintings of the famous waterfalls.