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Author Topic: [2017-02-13] Migration ban affects Bitcoin’s rate  (Read 178 times)
Vladdirescu87
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February 13, 2017, 04:50:58 PM
 #1

Migration ban affects bitcoin’s rate

Donald Trump’s politics had influenced bitcoin’s rate. Due to the sudden ban on entry to the United States for citizens of seven Arab countries, bitcoin’s rate increased by $40. Bitcoin is an international cryptocurrency, and the migration ban for the residents of the Arab countries can cause fluctuations in it’s rate. The decree caused discontent in Silicon Valley: Sam Altman, CEO of Y Combinator and Mike Belshe, co-founder of Bitgo, called FinTech community to oppose against migration ban.

You can read and watch more news here: https://coinidol.com/koles-coin-news-digest-feb-13/



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February 13, 2017, 09:02:48 PM
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I have to say this article is either quite late in being published or hasn't been particularly well researched.  At the time of writing, there is no travel ban in force.  It was suspended by a judge about a week ago and the US Appeals Court upheld the suspension of the ban 4 days ago:

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A federal appeals court refused Thursday to reinstate President Donald Trump's ban on travelers from seven predominantly Muslim nations, dealing another legal setback to the new administration's immigration policy.

In a unanimous decision, the panel of three judges from the San Francisco-based 9th U.S. Circuit Court of Appeals declined to block a lower-court ruling that suspended the ban and allowed previously barred travelers to enter the U.S. An appeal to the U.S. Supreme Court is possible.

Full article here.  So it can't be affecting prices today when the OP article was published.

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