Study Predicts Bitcoin Could Become Leading Payment System Within Decade

A new report by the software firm DataLight predicted that Bitcoin could become the world’s top payment system within the next decade if it maintains its current growth rate. “In just 10 years, Bitcoin has managed to compete with the leaders of the payment system industry,” the report found. “Bitcoin’s development is occurring exponentially. If …

Pakistan Introduces Crypto Regulation | Bitcoin Magazine

The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF). The FATF is an intergovernmental organization based in France that creates policies for …

Macro Factors Setting Stage For Crypto Rally

At long last, the crypto asset market has begun to get back on its feet after 2018’s harrowing decline. Technical indicators are seemingly falling in place for a recovery, and fundamentals have begun to present a positive precedent for Bitcoin (BTC). In fact, one analyst writes that there is currently a “perfect storm” being brewed …

Algeria Embroiled in Political and Economic Unrest – Time to Lift Bitcoin Ban?

Algeria, one of North Africa’s largest producers of oil and gas, is currently going through serious political and economic turmoil.  Amid the current unrest, it’s perhaps high-time for the country to reconsider its position on Bitcoin as it has proven itself as a viable alternative during times of upheaval.  Algeria: Arab Spring 2.0? Algeria, officially …