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Indian Government Considers Creating ‘Lakshmi’ Blockchain Currency

India’s government it the latest to consider issuing its own cryptocurrency, according to local reports. This one even has a name — “Lakshmi”, after...

Chinese Government Plans Wider Clampdown on Bitcoin Acitivty

It appears the Chinese government has big plans for cracking down on Bitcoin. This is not good news for local cryptocurrency enthusiasts,...

More Potentially Fake Rumors Regarding Chinese Government Banning Bitcoin Exchanges Surface

It has been a tough weekend for Bitcoin and all other cryptocurrencies. More specifically, unconfirmed sources claim the Chinese government wants to ban...

Can Any Government Ban Bitcoin?

Bitcoin has been around the fringes of financial markets for less than a decade, but is slowly gaining prominence as an alternative asset class....

Russian Government Plans to Subsidize Bitcoin Mining Electrical Cost

Russian newspaper Izvestiya has reported that the Russian government intends to subsidize the cost of electricity for cryptocurrency miners. The report indicates that the Russian government, through...

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