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Keyword: virtualcurrency

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  • CCP Cracks Down on Virtual Currency to Prevent Money Fleeing the Country

    05/18/2021 7:53:50 PM PDT · by SeekAndFind · 21 replies
    Epoch Times ^ | 05/18/2021 | Alexander Liao
    For many years, the CCP (Chinese Communist Party) has acquiesced to digital currency operations in China. But in 2018, it began to restrict Bitcoin transactions while still secretly encouraging Bitcoin mining. However, now that large amounts of funds are fleeing the country through virtual currencies, Chinese authorities seem determined to crack down on it.Cryptocurrencies represented by Bitcoin have attracted more and more attention in recent years due to their security, privacy, and decentralization. Data shows that the unit price of Bitcoin has exceeded $60,000, but as of May 18, the unit price of Bitcoin fell to $43,300 with a market...
  • eBay Adds New ‘Virtual Currency’ Category to US Site

    04/04/2014 6:52:11 AM PDT · by Errant · 6 replies
    Coin Desk ^ | 4 April 2014 | Jon Southurst
    eBay’s main US site has introduced a category for ‘Virtual Currency’, with listings for dozens of bitcoin and altcoin-related activities – including shares in mining operations. Although eBay is still not accepting bitcoin as an official payment, any recognition of the currency is significant since eBay is the parent company of PayPal, the payments firm long earmarked for disruption by many bitcoin fans. The popular online auction site and marketplace quietly included the category in its ‘Category Changes‘ list for April under ‘Coins and Paper Money’. At press time there were multiple entries for bitcoin and altcoin trades, Mining Hardware,...