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” Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch “ On a recent visit to Sri Lanka, American billionaire Tim Draper pitched the idea of adopting Bitcoin (BTC) as a legal tender to fight against the corruption that contributed to hyperinflation in the island country. However, a key Sri Lankan authority — central bank…
” El Salvador’s Bitcoin strategy evolved with the bear market in 2022 “ Cryptocurrency adoption has been on the rise in El Salvador in recent years, with the country becoming the first in the world to adopt Bitcoin (BTC) as a legal tender. This landmark decision has attracted the attention of the global cryptocurrency community…
” Crypto regulation world: How laws for digital assets changed in 2022 “ Effective regulations are one of the key gateways to cryptocurrency’s mainstream adoption. Due to greater compliance, crypto businesses saw broader acceptance from regulators worldwide. While the crypto ecosystem was awarded countless operational licenses and exposure to new markets, the fall of Terraform…
” Here’s how Bitcoin promotes global financial inclusion, according to Prince Philip of Serbia “ The fundamental aspects of Bitcoin (BTC) continue to power global financial inclusion, financial privacy and autonomy in conflict-affected nations despite difficult macroeconomic and cryptocurrency market conditions over the past year. These are the key takeaways of an in-depth interview with…
” Crypto makes history in 2022: Five instances of governments embracing digital assets “ The year 2022 wasn’t the best one in terms of crypto reputation among regulators and policymakers. However, even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation. Some…
” Australia overtakes El Salvador to become 4th largest crypto ATM hub “ El Salvador, the first country to legalize Bitcoin (BTC), has been pushed down yet another spot in total crypto ATM installations as Australia records 216 ATMs stepping into the year 2023. As part of El Salvador’s drive to establish Bitcoin as a…
Five things to know about the end of Title 42 When a federal judge in November declared Title 42 illegal, “with great reluctance” he allowed the Biden administration to keep implementing the border management policy for five weeks. Those five weeks end Wednesday, and the Department of Homeland Security (DHS) will no longer have the…
” Bitcoin could reach $1M in 5 years due to fiat currencies’ collapse, says Samson Mow “ Despite the ongoing bear market, Jan3 CEO and Bitcoin (BTC) proponent Samson Mow believes that the leading cryptocurrency could reach the $1-million-price benchmark in the next five to 10 years. The collapse of major fiat currencies will be…
” Bukele’s government introduced a bill to launch the ‘Bitcoin bonds’ “ Amid the crypto market downturn, El Salvador finally makes a decisive step to the realization of its ambitious “Bitcoin bonds” project. The Minister of the Economy Maria Luisa Hayem Brevé introduced a bill confirming the government’s plan to raise $1 billion and invest…
” Nayib Bukele announces Bitcoin prescription for El Salvador: 1 BTC a day “ As the world’s first nation to adopt Bitcoin (BTC) as a legal tender in September 2021, El Salvador is going back to its BTC buying days after a pause for months amid bearish market conditions. El Salvador President Nayib Bukele announced…