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Namcios

Namcios
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Namcios is a features writer and reporter at Bitcoin Magazine covering relevant news and developments in Bitcoin.

Iran To Lift Bitcoin Mining Ban In September

BUSINESS Namcios -
The state agency responsible for power generation and distribution reportedly said restrictions on bitcoin mining would be lifted next month.

Woman Buys A House With Bitcoin Gifted By Cheating Ex-Boyfriend

CULTURE Namcios -
The boyfriend gifted some BTC, cheated on her, they broke up, and she used it to buy a house; but she could've sold the house for more bitcoin instead.

Binance Implements Mandatory Identity Verification For All Users

BUSINESS Namcios -
The bitcoin exchange now requires all users to upload an ID, a selfie, and undergo facial verification, dismissing possible downsides.

Bitcoin Adoption Surged 880% In One Year, Emerging Markets Lead The Way

CULTURE Namcios -
Chainalysis found that bitcoin usage surged in developing countries as citizens seek shelter from currency debasement.

Darknet Bitcoin Mixer Operator Bust, Judge Says Bitcoin Is Money

BUSINESS Namcios -
The defendant faces 20 years in prison, had previously argued he was not guilty because bitcoin is not money for U.S. law, but the judge rejected it.

Worldline, Bitcoin Suisse Partner To Enable Merchants To Accept Bitcoin In Switzerland

BUSINESS Namcios -
The payment services giant joined a major bitcoin solutions provider to increase BTC usage in Switzerland as a medium of exchange.

New Rules Proposed For Bitcoin Exchange Providers In El Salvador

MARKETS Namcios -
The document detailing the new guidelines has been released for comment, apparently encompassing only BTC/USD exchange providers.

M3Sixty Files For “Risk-Managed” Bitcoin Fund, Won’t Hold Bitcoin

MARKETS Namcios -
Instead of holding BTC, the IDX Risk-Managed Bitcoin Fund will invest in futures contracts and engage in high-frequency trading.

Coinbase Builds $4 Billion Cash Pile, Neglects Bitcoin

BUSINESS Namcios -
The U.S. cryptocurrency exchange pushes for the trading of shallow tokens to ramp up revenue instead of promoting Bitcoin empowerment.

Bank Runners In Afghanistan See No Cash, Sought To Flee The Country After Taliban Takeover

CULTURE Namcios -
As the Taliban advances after the President fled, Afghans fail to withdraw life savings due to cash shortage.
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