Bitcoin is proving its value as an inflation hedge and store of value by hitting repeat all-time highs in multiple currencies.
Capital Control News
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China’s capital outflows reached $49 billion in August, its highest in nearly eight years. Analysts are debating whether it could be a boon for Bitcoin and crypto.
35858The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate, a little more than a year after its launch in October 2021.
20462The bullish outlook appears as the Russian central bank imposes stricter capital controls on its citizens, including a ban on using rubles to buy the U.S. dollar.
16088China has unveiled new capital control regimes, and analysts predict that the tightened regulations on overseas investment will increase the demand for Bitcoin.
1790The deadly combination of tight capital controls and inflation slowly starve the people’s life savings. Luckily, Bitcoin can help escape from capital destruction.
927Auroracoin’s shine is gradually fading away. Being introduced in seemingly the right place and in the right time, it was the second largest cryptocurrency before it even launched, valued at half a billion dollars
1559A brief guide on how to avoid capital controls and move money out of China.
2569China has stepped up yet another round of capital controls. How will it impact the business of local Bitcoin exchanges and the overall Bitcoin market?
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