Tag Archive: Capital Controls

• Bitcoin, Bitcoin Acceptance, Bitcoin Businesses, Bitcoin Investment, Uncategorized

  Big Macs in Caracas, Prawns in Lagos are Cheaper for Bitcoiners

  Travel much? Bitcoinist discovered that using Bitcoin instead of local currency gives you more Big Macs for your bits, particularly in places like Venezuela and Nigeria. Attn: Travelers & Digital Nomads It’s common knowledge that buying Bitcoin might make a great investment. It can also save you money when you use it to buy products at Amazon via Purse.io. Less well known is that using Bitcoin can slash your travel costs as well particularly in places like Venezuela and Nigeria. Both these countries

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  SG Kinsmann · February 14, 2017 · 12:00 pm
• Bitcoin, Bitcoin Price, News, News teaser

  Bitcoin Price Buoyant as China Tightens Capital Outflows

  While Bitcoin price has been rather calm as of late, the return of Bitcoin volatility could be around the corner as China introduces new capital controls. Also read: Bitcoin Price Pulls Back, But Hope for $800 and Beyond Still Strong China Tightens Grip on Capital Confirmation is coming out of China that new regulations are being placed on how businesses move capital in and out of the country. Considering the impact of China on Bitcoin, the price could be due for another

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  Nick Marinoff · November 30, 2016 · 6:54 am
• Bitcoin, Bitcoin Price

  Did Chinese Rumors Crash the Bitcoin Price? How Accurate Are They?

  Bitcoin’s recent bull run ended with a thud on 3rd November, reaching above $740 before crashing to around $685 in just a few hours. Was a rumor of further Chinese restrictions on Bitcoin exchanges to blame? And if so, how accurate is the news? Also read: AirBitz and WINGS Partnership Secures Future of DAOs Chinese Rumors Start to Spread… Again Dramatic financial news site ZeroHedge reported on 3rd November that Chinese regulators “are considering policies including restricting

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  Jon Southurst · November 4, 2016 · 2:00 am
• Bitcoin, Bitcoin Breaking News Brief, Breaking Bitcoin News, Breaking News, News, News teaser

  Ukraine Economy Bailout Presents Bitcoin Opportunity

  For some countries around the world, times are very tough as local economies are starting to fall apart. Ukraine is one of those countries, as inflation will be hitting a record-high of 44 percent later this year. Combine that number with a near 25-percent inflation, and anyone can see why the Ukraine economy needs a bailout. At the same time, Ukraine’s central bank is warning people about the use of Bitcoin and other digital currencies.

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  Jp Buntinx · December 29, 2015 · 10:04 am
• Bitcoin, Bitcoin Exchange, Bitcoin Investment, Bitcoin Service, Bitcoin Technology, Blockchain Technology, Breaking Bitcoin News, Emerging Markets, FinTech, Markets and Prices, News, News teaser, Technology, Trending, Uncategorized

  Is China Turning To Bitcoin As Yuan Devalues?

  China is seemingly buying up a lot of Bitcoin and alternative currencies like gold right now. The devaluation of their currency has been slashed over the course of the past month. The country’s Foreign Exchange Commission has ordered financial institutions to increase its checks and balance controls for capital outflow. Currency wars in the region have led to a massive monetary dump as China’s Black Monday looms and looks to a very rough financial week. This

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  Jamie Redman · October 17, 2015 · 4:53 pm