CJ

The adoption of Bitcoin continues to increase with the announcement of a new type of loan from Goldman Sachs Group. The company released information on a new Bitcoin-backed loan on May 3rd, 2022 in collaboration with Coinbase. The collaboration between Goldman Sachs Group Inc. and Coinbase Global Inc. is focusing

Over the weekend, Solana experienced its seventh shutdown in 2022. The blockchain recorded six shut downs in January, and this past weekend marks number seven. A tweet from user @YaelOss points out that the shutdown follows a remark from Solana’s co-founder about how BTC should have changed its consensus

Originally set to launch on April 27th, the Bitcoin ETF from Cosmos Asset Management has recently been postponed. ETF Securities and 21 Shares were expected to facilitate the launch announcing Australia's first-ever Bitcoin spot exchange-traded fund (ETF).   Spot-based ETFs are becoming increasingly popular as they are expected to

More information has been released on the Central African Republic cryptocurrency bill, highlighting the adoption of Bitcoin and creating legislation for multiple cryptocurrencies. Earlier this week, news began to circulate about a new cryptocurrency bill in the Republic of Central Africa. The bill focuses on providing a framework for Bitcoin

Several news outlets are reporting that the Central African Republic (CAR) has passed a bill favoring Bitcoin and cryptocurrency. While some headlines suggest that the African nation has adopted Bitcoin entirely, this is not the case.   The approved bill will allow for Bitcoin and cryptocurrency use within the financial markets.

The International Monetary Fund (IMF) is calling on global policymakers to begin developing new standards for cryptocurrency. The financial institution is particularly concerned about heightened tensions between Ukraine and Russia.  In its Global Financial Stability Report, IMF addressed the increase of downside risks amid Russia’s invasion. There is a

The Ministry of Finance of Russia announced that it had finalized its “On Digital Currency” draft law. The announcement further stated the bill had been “clarified and concretized,” to include provisions related to digital mining activities.   “On Digital Currency” was introduced around the same time Russia invaded Ukraine on February

A new report suggests that over 1/3 of Nigerians aged 18-60 are investing in and/or trading Bitcoin and various cryptocurrencies. The report revealed that, * Most investors are young, with the median age being 18.4 years old  * Many are long-term investors due to the lowering value of Nigeria’