Deniz Saat
Deniz Saat is an IT services specialist, technical writer and editor for BTC Times. His mission is to onboard as many people as possible into Bitcoin.
Bloomberg Tax has recently announced that the Financial Accounting Standards Board (FASB) plans to roll out new fair value accounting standards for Bitcoin and other digital assets. These upcoming standards aim to more precisely represent the market worth of Bitcoin and digital assets while increasing the transparency of financial disclosures
News - Bitcoin - Sep 08, 2023In collaboration with My First Bitcoin, Bitcoin Beach, and the Ministry of Education, the country unveiled a Bitcoin education pilot program on September 7th. The goal is to integrate Bitcoin education into every school's curriculum by 2024. Launched on the 2-year anniversary of the revolutionary Bitcoin Law, this
News - Bitcoin - Sep 07, 2023The Great North Air Ambulance Service (GNAAS), an essential air ambulance charity covering the North East, North Yorkshire, Cumbria, and the Isle of Man, has partnered with CoinCorner, a Bitcoin and Lightning service platform, to receive Bitcoin donations through their website. https://twitter.com/CoinCorner/status/1699427433001214456 Danny Scott, CEO
News - Bitcoin - Sep 07, 2023Riot’s CEO, Jason Les, highlighted August as a defining month, showcasing the advantages of Riot's power strategy. “Riot achieved a new monthly record for Power and Demand Response Credits, totaling $31.7 million in August,” Les said. This amount surpassed the total Credits received in 2022, substantially
News - Bitcoin - Sep 06, 2023The Colorado Division of Motor Vehicles (DMV) recently shared that it has incorporated Bitcoin as a payment method. This development is facilitated through PayPal, allowing Coloradans to renew driver's licenses, identification cards, and vehicle registrations using Bitcoin. Senior Director Electra Bustle commented, “at the DMV, we’re always
News - Bitcoin - Sep 05, 2023₿trust, a nonprofit entity backed by Twitter's (now known as X) co-founder and Bitcoin proponent, Jack Dorsey, is expanding its initiatives in Africa through a recent acquisition. The organization has taken under its wing Qala, which is primarily focused on cultivating Bitcoin and Lightning Network engineers in Africa.
News - Bitcoin - Sep 05, 2023The SEC has recently postponed the spot Bitcoin ETF applications of BlackRock, Fidelity, WisdomTree, Invesco & Galaxy, VanEck, Bitwise, and Valkyrie, as initially revealed by Bloomberg ETF analysts James Seyffart and Eric Balchunas. https://twitter.com/JSeyff/status/1697328531519279217 This marked the initial decision deadline by the SEC in the
News - Bitcoin - Aug 31, 2023In Grayscale v. SEC, the U.S. Court of Appeals for the DC Circuit ruled on August 29th, 2023 that the agency acted arbitrarily by refusing to grant the digital asset firm permission to operate a Bitcoin ETF. The decision, which comes after the SEC turned down Grayscale's
News - Bitcoin - Aug 29, 2023