Will Regulation Dictate the Location of the World's Bitcoin Hub?
Jean-Louis Schiltz is a guest professor at the University of Luxembourg and legal advisor to several virtual currency companies (since his first involvement with bitcoin through MIT Media Lab). He is also a former Cabinet minister in Luxembourg. In this article, he examines whether it is possible for one place to emerge as the world's bitcoin hub and whether regulation will have a hand in this. Bitcoin and its regulation have been hot topics in and around the financial industry for some time now. In the early days, the focus was (to repurpose a Shakespearian quote): to regulate or not to....
Related News
Are you for it, or against it? It's no secret that the bitcoin community can be divided when it comes to the topic of regulation - some believe it's necessary to bring bitcoin to the mainstream and others believe that bitcoin was built specifically to circumvent regulation. To get a better idea of where the industry stands as a whole, CoinDesk wants to hear directly from our readers about how they view bitcoin regulation around the world.
More than 50 representatives from China's key mining equipment manufacturers held a first-of-its-kind, three-day gathering in Shenzhen this week, demonstrating just how integral the region is for the world's digital currency hardware infrastructure. Initially billed as a 'private meeting', the event was perhaps most impressive due to the sheer number of industry representatives present. By one estimate, attendees accounted for 30% of the world's bitcoin hashing rate and 100% of the current scrypt-coin hashing rate, though other projections were higher. One source told CoinDesk: "People in....
Android will soon automatically send user location data to emergency response services. According to a blog post for Google Europe, users dialing emergency service numbers will be automatically located by using location services and WiFi, with that data transmitted to emergency responders. It is stated in the blog post: “Accurate emergency location can be the difference between life and death. In fact, the US Federal Communications Commission estimates “an improved location accuracy which results in reducing wireless E911 response time by one minute can result in saving over 10,000 lives....
Images uploaded by darknet vendors may contain geographical location coordinates embedded in its metadata. The darknet is not as secretive as it was thought earlier. A recent research indicates that many darknet vendors may have unwittingly announced their location on various deepweb marketplaces. According to researchers Paul Lisker and Michael Rose, the images of drugs and other products shared by darknet vendors may contain embedded geographical coordinates pointing out their location. The sensitive, damning information is found on images, stored as metadata which is part of the....
The Metaverse, which means Beyond the Universe, is a term used in the blockchain industry to describe an imaginary world brought to reality with fiber-optics technology. The Metaverse is available to anyone anywhere in the world, so it is not limited to time or location. The idea of a metaverse world became interesting during the […]