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English => News => Topic started by: Redaktion on March 08, 2018, 23:19:09

Title: Cryptocurrency news: illegal Petro, falling Bitcoin and Japan gets tough
Post by: Redaktion on March 08, 2018, 23:19:09
Venezuela's Petro cryptocurrency has been called "illegal" and "unconstitutional" by the country's National Assembly. Bitcoin has suffered another fall in its current exchange value, with the virtual currency's latest closing price standing at US$9434. In Japan, the Financial Services Agency has been throwing its weight around and has issued business suspension orders to two cryptocurrency exchanges.

https://www.notebookcheck.net/Cryptocurrency-news-illegal-Petro-falling-Bitcoin-and-Japan-gets-tough.287754.0.html
Title: Re: Cryptocurrency news: illegal Petro, falling Bitcoin and Japan gets tough
Post by: blabla43bla on March 09, 2018, 00:26:55
Well, that same National Assembly has been ruled illegal by justice in Venezuela because the opposition there wouldn't comply with the laws of the country so it is a bit of a complex situation there
Title: Re: Cryptocurrency news: illegal Petro, falling Bitcoin and Japan gets tough
Post by: Random Stuff on March 10, 2018, 22:02:23
Yeah, definitely sad to see how much foreign-supported parties in a range of countries (former colonies / protectorates of any kind) would prefer to see as much mayhem as possible to be (re)legitimized.
Historically being a politically/economically dominated country is so difficult to shake off, it roots deep into law, public/private sector structures and practices, individual mindsets etc.