Following are the major Bitcoin news of the day
Accenture Wants to Regulate Bitcoin Wallets
According to some official documents obtained by our professional counterpart CoinDesk, it has been found the Accenture wanted the UK government to regulate Bitcoin wallets. The global management and consultant company had suggested the regulators that the digital currency vaults should be put under the regulations that were already enforced on the bank accounts. Like every other Bitcoin critic, Accenture feared the use of digital currency in illicit activities like terrorism and money laundering. It however failed to understand that digital currency wallets are nothing but private keys that can be changed randomly and are impossible to track down. You can read the full story here.
Gavin Andresen Fears Bitcoin Core Development Will Go in Limbo
Bitcoin Foundation Chief Scientist Gavin Andresen recently published a new blogpost in which he mentioned his fears regarding the sluggish Bitcoin development. The journal came in response to the growing criticism Andresen was facing after proposing to fork the Bitcoin block size. In it, he recognized the criticism openly, but swept away its necessity by calling it an “Analysis Paralysis”. You can read the full report here.
Independent Reserve Adds New Zealand Dollar to its Bitcoin Trading Platform
Australian Bitcoin Exchange Independent Reserve recently added New Zealand dollar to its multi-currency platform; therefore, enabling the Kiwis to trade Bitcoin efficiently with their national currency. “The big advantage for New Zealanders is that there is now a reputable and proven exchange that they can trade on using their local currency, said its CEO Adrian Przelozny said. “Having access to Independent Reserve’s multi-currency exchange provides a safe and reliable connection to the global Bitcoin ecosystem for New Zealanders.” You can read the full report here.