About This Source - FRANCE 24 English
The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.
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FRANCE 24 English published this video item, entitled “Has Bitcoin lost one of its biggest supporters?” – below is their description.
The electric carmaker Tesla, run by Elon Musk, has stopped accepting payments in Bitcoin, due to the environmental impact of mining 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% in the hours after the announcement. Also today, Germany’s financial regulator orders extra supervision of online bank N26.FRANCE 24 English YouTube Channel
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