Has Bitcoin lost one of its biggest supporters? : vimarsana.

Has Bitcoin lost one of its biggest supporters?
Issued on:
BUSINESS DAILY © FRANCE 24
6 min
The electric carmaker Tesla, run by Elon Musk, has stopped accepting payments in Bitcoin, due to the environmental impact of the cryptocurrency. It's a major blow for supporters of Bitcoin, as Tesla's endorsement of it as a payment method in February was one of the factors which pushed its price to record highs. The price of Bitcoin slumped up to 11 percent in the hours after the announcement. Also today, Germany's financial regulator orders extra supervision of the online bank N26.

Related Keywords

Germany , Elon Musk , , Has Bitcoin , Stephen Carroll , Business , Business Daily , Bitcoin , Tesla , ஜெர்மனி , உள்ளது பிட்காயின் , ஸ்டீபன் கரோல் , வணிக , வணிக தினசரி , பிட்காயின் , டெஸ்லா ,