China accepts that cash money may become obsolete despite banning Bitcoin

China still remains the biggest market for digital payments because of the popularity of tech platforms developed by giants like Alibaba Group and Tencent Holdings Ltd. Recently there was a rumor that Alibaba would join Bitcoin mining or even launch its own digital currency. The company founder …
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Russia Drafts Law to Criminalize the Use of Cryptocurrencies as Money (

The Russian Ministry of Finance is drafting a law to criminalize the use of cryptocurrencies as money substitutes. The Bank of Russia and the finance ministry have previously opposed the use of cryptocurrency in this way, citing that only rubles can be used for payments of goods and services in Russia.
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Bitcoin trader charged with money laundering in unusual case testing digital currency

A prolific bitcoin trader has been charged with money laundering in an unusual San Diego federal case. Morgan Rockcoons, 30, was arrested Feb. 9 at the Palms Hotel in Las Vegas where he'd been staying, according to court records. He is accused of selling bitcoin to an undercover agent who posed …
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Amelie Arras Prepares to Defend Bitcoin’s Title at Money 20/20 Asia Race (

It has been announced that the Marketing Director of Adastra Marketing, Amelie Arras, will look to defend bitcoin’s crown in the upcoming Money20/20 Asia Payments Race. Mrs. Arras is hoping to repeat her performance from last year, where she defeated four other participants to claim victory for bitcoin in the Money20/20 USA Payments Race.
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