Fold, a Bitcoin rewards company, has unveiled its plans for expansion into El Salvador. The establishment of a new office in the country will serve as its operational hub in Latin America. Fold's primary objective is to facilitate global accessibility and user-friendly adoption of Bitcoin. CEO Will Reeves

According to its latest assurance report published on Wednesday, Tether, the issuer of the stablecoin, reported a net profit of $1.48 billion for the first quarter of the year, which is double the amount from the previous quarter. The company provided a detailed breakdown of its holdings, including Bitcoin

A bill has been introduced by a group of U.S. senators, mandating the submission of reports on the adoption of Bitcoin as legal tender in El Salvador. Senators James Risch, Bob Menendez, and Bill Cassidy have proposed the "Accountability for Cryptocurrency in El Salvador Act," which requires

The Human Rights Foundation (HRF) has awarded $455,000 in grants to twelve projects worldwide through its Bitcoin Development Fund. These grants specifically target enhancements in Bitcoin scaling, privacy, decentralization, global education, censorship-resistant communication, and community-building endeavors.  Africa and Asia are among the areas of focus for funding Bitcoin development.