With the shutting down of most Chinese exchanges Japan has swooped in to grab a larger slice of the global Bitcoin exhange market, taking its own share to just over 50%. At the same time China now accounts for a mere 7% of global transactions.
Meanwhile, as the Chinese look to rein in crypto, the Russians seem to be embracing it with the govenor of the Leningrad region, Alexander Drozdenko, even offering miners cheap land and power to open up operations in the region. This follows, First Deputy Prime Minister Igor Shuvalov recently stating the government is interested in the creation of state-owned crypto mining operations.
Having been hit by yet another devastating earthquake, Mexican bitcoin exchange, Bitso, has announced they are collecting donations for victims of the September 19th earthquake. Donations may be made in BTC, XRP or ETH and will go towards the Mexican Red Cross and a local rescue crew Brigada de Rescate Topos Tlaltelolco A.C.
Bitcoin is currently trading just under $3,900 per bitcoin. That's a year to date increase of around 290 percent.
