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Bitcoin Magazine’s Week in Review – October 12th, 2019

Jimmy Aki -
Bitcoin Magazine’s Week in Review for week of October 12th, 2019
CULTURE

Op Ed: Belarus and the Case for National Bitcoin Strategies

Vlad Costea -
Belarusian President Alexander Lukashenko has suggested the country begin mining bitcoin with its nuclear power. What could this mean for the world?
BUSINESS

Heavy-Handed Regulations Run Cryptominers Out of Iran

Maziar Motamedi -
Cryptocurrency mining is finally an industry in Iran, but there are simply too many caveats.
BUSINESS

Op Ed: Will Regulations Put a Premium on Virgin Bitcoin?

Flexyang -
Recent FATF regulatory guidelines have paved the way for virgin bitcoin because they have no recorded transactional history.
BUSINESS

Low On Trust: Survey Respondents Are Skeptical of Libra

Jimmy Aki -
In worldwide surveys on Facebook’s Libra, respondents have indicated overwhelming distrust of the digital currency.
BUSINESS

U.S. Senate to Hold Hearing on Crypto, Blockchain Regulation Next Week

Colin Harper -
Congress is set to take a deeper dive into crypto regulation during a crypto and blockchain technology hearing on July 30, 2019.
BUSINESS

Iran Moves Forward With Tariffs Against Crypto Mining

Landon Manning -
After much deliberation, the Economic Commission of the Islamic Republic of Iran has submitted restrictions on energy costs for crypto miners.
BUSINESS

Bitcoin Deemed ‘Virtual Property’ By Chinese Court

Colin Harper -
The Hangzhou Internet Court ruled that bitcoin is considered legal property under the law in China.
BUSINESS

Official Calls Iran a ‘Heaven for Miners’

Jimmy Aki -
Despite a looming crackdown from regulators, cheap energy in Iran has made it ideal for bitcoin mining.
CULTURE

Spanish Officials: AML Regulations Lack Bitcoin ATM Guidelines

Ipecdunmanintern -
Due to a lack of crypto-specific regulations in European laws, Spanish officials say it's hard to prove links between bitcoin ATMs and laundered funds.
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