Announcement
The IMF Recommends El Salvador Drop BTC as Legal Tender
The IMF Recommends El Salvador Drop BTC as Legal Tender

On January 24, 2022  The Executive Board of the International Monetary Fund (IMF) concluded their consultation with El Salvador. According to the IMF's press release regarding the consultation, the Executive Board’s assessment concluded that there are “large risks associated with the use of Bitcoin on financial stability,

News  •  Bitcoin  •  Jan 25, 2022
Biden administration to release executive order on cryptocurrency in February
Biden administration to release executive order on cryptocurrency in February

According to unnamed sources cited by Bloomberg, the Biden administration is preparing to release an executive order that will outline a comprehensive government strategy on cryptocurrencies. This news comes on the heels of a U.S. Senate hearing on stablecoins, a Congressional subcommittee hearing on energy usage involved in cryptocurrency

News  •  Bitcoin  •  Jan 24, 2022
Bitcoin Trading and Custody Coming to 300 US Banks in the 1H 2022
Bitcoin Trading and Custody Coming to 300 US Banks in the 1H 2022

According to participants, partnerships between NYDIG and 300 US banks have been finalized, with regulatory and security concerns that lingered now resolved.  Local banks believe that offering Bitcoin trading will keep them afloat as customers have expressed demand for it. Harold Reynolds, CEO of the $1.3 billion-asset BankSouth in

News  •  Bitcoin  •  Jan 23, 2022
US Congress holds hearing on 'Cleaning Up Cryptocurrency'
US Congress holds hearing on 'Cleaning Up Cryptocurrency'

On Thursday, January 20, 2022, the United States House Energy and Commerce Oversight Subcommittee held an investigative hearing titled “Cleaning up Cryptocurrency: The Energy Impact of Blockchains.” Topics discussed during the hearing included energy usage in blockchain technologies and its impact on grid infrastructure in the U.S., and environmental

News  •  Bitcoin  •  Jan 23, 2022
Bitcoin Miner Core Scientific Completes Merger to Become Publicly Listed
Bitcoin Miner Core Scientific Completes Merger to Become Publicly Listed

Core Scientific, Inc has finalized a merger with Power & Digital Infrastructure Acquisition Corp (XPDI), with the resulting company trading under the CORZ ticker on the NASDAQ. The merger brings one of the largest bitcoin mining operations to the publicly traded market. Core Scientific reported an estimated 67,000 ASIC

News  •  Bitcoin  •  Jan 23, 2022
The IMF Recommends El Salvador Drop BTC as Legal Tender
The IMF Recommends El Salvador Drop BTC as Legal Tender

On January 24, 2022  The Executive Board of the International Monetary Fund (IMF) concluded their consultation with El Salvador. According to the IMF's press release regarding the consultation, the Executive Board’s assessment concluded that there are “large risks associated with the use of Bitcoin on financial stability,

News  •  Bitcoin  •  Jan 25, 2022
Featured Articles 4 Articles
Business View All
Capital B Converts Bonds and Secures €2.8 Million To Expand Treasury Strategy
Capital B Converts Bonds and Secures €2.8 Million To Expand Treasury Strategy

Capital B converted bonds and raised €2.8 million with backing from Adam Back to expand its Bitcoin treasury.

B HODL Expands Treasury to 164.487 Bitcoin Following ATM-Funded Purchase
B HODL Expands Treasury to 164.487 Bitcoin Following ATM-Funded Purchase

B HODL increased its holdings to 164.487 Bitcoin after purchasing one Bitcoin using funds from ATM share sales and capital allocation.

Coinbase and Fannie Mae-Approved Lender Better Launch Bitcoin-Backed Mortgages
Coinbase and Fannie Mae-Approved Lender Better Launch Bitcoin-Backed Mortgages

Coinbase and Better launched Bitcoin-backed mortgages using Fannie Mae-conforming loans.

Tether Advances Transparency Efforts With Planned Big Four Audit
Tether Advances Transparency Efforts With Planned Big Four Audit

Tether engaged a Big Four firm for its first full audit to improve transparency and oversight.

Politics View All
SEC Issues Guidance Clarifying Status of Digital Assets and Bitcoin Mining
SEC Issues Guidance Clarifying Status of Digital Assets and Bitcoin Mining

SEC says Bitcoin mining does not meet the definition of a security and classifies Bitcoin as a digital commodity.

Kazakhstan Central Bank Plans up to $350 Million Allocation to Bitcoin and Digital Assets
Kazakhstan Central Bank Plans up to $350 Million Allocation to Bitcoin and Digital Assets

Kazakhstan’s central bank plans to allocate up to $350 million from its reserves to Bitcoin and digital asset–related investments.

Bitcoiners Push Back on Quantum Computing Risk Claims
Bitcoiners Push Back on Quantum Computing Risk Claims

Bitcoiners say quantum computing does not pose an immediate threat and that the network has time to prepare for potential long-term risks.

CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading
CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading

The CFTC will allow federally regulated spot Bitcoin and crypto trading for the first time as Bitnomial prepares to launch its new exchange.

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