Alternative currencies

Many governments have attempted to ban or regulate Bitcoin with little success. While China banned all cryptocurrencies in 2021, making Bitcoin illegal in the country, other countries have not been so successful. While most countries still do not consider Bitcoin a legal currency, they have allowed its use.

Austria's leading telecom A1, which owns the mobile operator of the same name in Bulgaria, has announced that it has allowed its customers to pay with cryptocurrency in a pilot project aimed at testing the popularity of virtual payments, BNR reported.

Customers can pay with bitcoin, litecoins, dash and other cryptocurrencies in certain stores in the country, the company said.

There is a growing trend across the world for nations to stock up on reserves of assets as a hedge against fiat and influences beyond their control. Gold is the standard but Bitcoin is rapidly catching up and one nation now has reportedly more BTC than their gold reserves.

Bitcoin has risen above $12,900 for the first time since Jan. 21, 2018, touching a new high for 2019 at $12,919, according to CoinDesk's BPI data.

According to the CoinMarketCap portal, which calculates the average price of more than 20 exchanges, to 7.21 am Bulgarian time, the price of bitcoin jumped 9.55% to 12.246 dollars.

Banks in Romania are interested in the benefits of blockchain technology, but we must also see the relevant regulatory framework and we had discussions in this regard with the National Bank of Romania (BNR) and the Bucharest Stock Exchange (BVB), president of the Blockchain Romania Association Armand Domuta stated on Friday on the sidelines of the Romania Blockchain Summit taking place at the P

Today, Facebook is expected to present its cryptocurrency. It is reported that the virtual currency will be convertible into dollars and euros.

The $ 1 billion project named "Libra" has been developed for over a year and has the support of over 12 corporations.

The curious case of Bulgaria's alleged hoard of 200,000 bitcoins resurfaced again this week as sources claimed the Balkan country was HODLing (Hodl is slang in the cryptocurrency community for holding the cryptocurrency rather than selling it.) cryptocurrency.

The Virtual Currency Bitcoin has reached a price of $ 6,124.10 today - its highest value in 2019 to date. Bitcoin rises 0.49% in the morning, according to Coin Desk. Most of the other cryptocurrencies, however, are traded in different directions.

Bitcoin headed up on Tuesday to its highest level since November, ending the $ 160 billion quarterly tranquility in the market, writes Bloomberg. Traders can not indicate a cause for the rally that has bitcoin for a bit over $ 5,000 and has increased the value of digital assets tracked by CoinMarketCap.com by about $ 17 billion in less than an hour.

A 39-year-old Russian national suspected of bitcoin fraud and wanted by three countries on Wednesday lodged an appeal with a Piraeus court for his release or extradition to Russia for humanitarian reasons.