Written by: ( November 29, 2021 )
Nayib Bukele, President of El Salvador, purchased the Bitcoin (BTC) dip again and invested more than $5 million in Bitcoin, as the price fell below $54,000 on Friday. El Salvador’s president tweeted Friday that he purchased 100 BTC after a global market selloff due to the discovery of a COVID-19 variant in South Africa. Data […]
Written by: ( November 26, 2021 )
Three German political parties have reached a partnership agreement this week. It will see the left-leaning Social Democrats, the Green Party and right-leaning Free Democrats assume the reins in December. An agreement between the new government coalition has included cryptocurrency, which advocates for equal access between traditional and innovative finance models. The 177-page agreement was […]
Written by: ( November 25, 2021 )
The European Union’s framework for regulating cryptocurrencies is slowly advancing. On Wednesday, the European Council, which guides the EU’s political agenda, announced its position on Markets in Crypto Assets Framework (MiCA) and Digital Operational Resilience Acts (DORA). The deal must be ratified by the European Council. After that, Parliament and European Council can begin to […]
Written by: ( November 23, 2021 )
Exodus, a cryptocurrency wallet, has officially integrated with SportX. This online platform offers the possibility to bet on esports via smart contracts that are executed on the Polygon network. Exodus’ over one million users now have access to SportX’s decentralized gambling exchange. They can place bets on many sports and esports using cryptocurrency. The minimum […]
Written by: ( November 22, 2021 )
El Salvador is still leading the Bitcoin (BTC) adoption drive. President Nayib Bukele announced the launch of Bitcoin City. It will be funded initially with $1 billion in Bitcoin bonds. Bitcoin City will be developed with the active participation of prominent crypto companies such as Bitfinex and Adam Back’s Blockstream. Bukele announced the initiative at […]
Written by: ( November 17, 2021 )
Australian baseball club Perth Heal announced an association with OpenNode to accept and make payments in Bitcoin (BTC). The association allows the team to pay professional players and staff in Bitcoin. Australia has often been recognized as more accepting of cryptocurrency, and this is another example of its continued embrace of digital money. According to […]
Written by: ( November 16, 2021 )
Israel is said to have passed new regulations relating to cryptocurrency to combat illegal activity such as money laundering or terrorism financing. Local news agency Globes reported that the Israeli government enforced new Anti-Money Laundering (AML) laws on Sunday. These regulations require local FinTech firms and virtual currency service providers (VASPs) to obtain an operating […]
Written by: ( November 12, 2021 )
Twitter has created a team to study cryptocurrency, blockchains and other decentralized technologies. The social media platform made the announcement yesterday, adding that the goal is support the growing interest of creators to use decentralized applications (DApps) to manage virtual goods, currencies and support their work and communities. Tess Rinearson has been appointed as the […]
Written by: ( November 11, 2021 )
The Russian State Duma established a working group to deal with the complicated issue surrounding the formation of regulations for the cryptocurrency mining sector. Vyacheslav Volodin, the Chairman of the State Duma, on November 11, instructed the legislature to create a group that would address regulatory gaps in this industry. Andrei Lugovoy, the First Deputy […]
Written by: ( November 9, 2021 )
Brazilian congressman Luizao Goulart, a federal delegate, has suggested a bill to legalize cryptocurrency payments as a way of paying public and private sector workers. Goulart’s proposal calls for a new law allowing all Brazilian workers to have the option to request cryptocurrency-based pay from their employers. However, the bill stipulates that the payments can […]