El Salvador’s tourism sector represents one of the largest sectors of economic growth for the Latin American country. Since the adoption of Bitcoin as legal tender in El Salvador, one of the most positively impacted sectors of the country has been tourism. According to the Minister of Tourism (MITUR)

Equity markets were spooked by the announcement of a Russian invasion of Ukraine which led to lower prices on the morning of February 24th, 2022. Upon market open, the Dow Jones Industrial Average traded -1.3%, the Nasdaq traded -2.6%, Germany’s DAX traded -5%, and the U.K.

China announced an amendment that will allow the courts to jail those found guilty of raising funds via “virtual currency”. China has banned crypto-based fundraising since 2017 and has amended this Criminal Law to increase the punishment to jail sentences which will vary from three years to over ten years

On Wednesday, German media outlet BTC-ECHO reported that the European Parliament (a legislative branch of the European Union) finalized a new draft of their Markets in Crypto-assets (MiCA) framework. According to the report, the new draft proposes a ban on “environmentally unsustainable consensus mechanisms” like the Proof-of-Work (PoW) protocol used