Companies found to be in violation of the rules could be subject to fines or prosecution, the CAC, which issued draft rules in October, added in a statement.
Extracting a dollar’s worth of cryptocurrency such as bitcoin from the deep Web consumes three times more energy than digging up a dollar’s worth of gold, researchers said Monday.
October 31, 2008 marked the birth of bitcoin. Ten years on, the world’s first cryptocurrency is at the forefront of a complex financial system viewed warily by markets and investors.
The Managing Director of the International Monetary Fund has warned that the explosion of crypto-currencies like Bitcoin will have stability implications for the global economy moving forward.
Estonia is looking to drag the euro into the crypto age — and tame the volatility plaguing bitcoin and its peers — by creating a digital token backed by the single European currency.
Page 1 of 2
SABC © 2019