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The difficulty of transferring money in sub-Saharan Africa has made cryptocurrencies attractive for Nigerians despite the volatility of bitcoin

Ukraine Rejects Regulation of Cryptocurrency Mining

Ukraine announced its decision this week to neither regulate cryptocurrency mining nor tax profits from this endeavor, cementing its status as one of the most crypto-friendly countries in the world.

Bitcoin plunged 18 percent after South Korea said it was preparing to shut down cryptocurrency exchanges in the country

Texas Boots Cryptocurrency AriseBank for Regulatory Violations

Texas banking regulators booted a so-called cryptocurrency “bank” from operating in the Lone Star State as such, saying the entity violated regulations and mislead people to believe it performed as a traditional financial institution.

Islamic State Bitcoin

New York Woman Charged with Sending Bitcoin to Islamic State Fighters

Zoobia Shahnaz, a 27-year-old resident of Brentwood on Long Island, was charged with bank fraud and money laundering in a grand jury indictment unsealed on Thursday. She was arrested at John F. Kennedy International Airport on July 31, allegedly in the process of fleeing to Syria after using the Bitcoin digital currency to send thousands of dollars to Islamic State fighters overseas.

The Bitcoin currency was launched in 2009

Bitcoin was ‘Good as Gold’ in the Brexit

With the Brexit being the worst one-day global financial crash since the Lehman Brothers bankruptcy in 2008, Bitcoin gained a tremendous amount of credibility as a safe haven asset that is “good as gold.”

Bitcoin (Rick Bowmer / AP)

EU Governing Body Proposes End of Anonymity for Bitcoin

In the purported interest of keeping people safe, the European Commission wants to make us all easier to find. In an announcement released today, the EU’s executive body says it wants to stop the anonymous use of virtual currencies like Bitcoin in order to improve security.