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Doubletalk of the Town
Doubletalk of the Town
Opinion  •  Economy  •  Jun 28, 2021 by Obi Nwosu

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Mexico's Central Bank Blocks Ricardo Salinas’ Plan to Bring Bitcoin to Banco Azteca
Mexico's Central Bank Blocks Ricardo Salinas’ Plan to Bring Bitcoin to Banco Azteca
News  •  Economy  •  Jun 28, 2021 by Thomas M

Banco de México, Mexico's central bank, was quick to shoot down plans voiced by the country's third-richest person Ricardo Salina for his bank Banco Azteca to become the first bank in Mexico to accept bitcoin. Late last week, Salinas spoke about Bitcoin as "an asset

New Wave of Regulations Target Exchanges and Derivative Products Worldwide
New Wave of Regulations Target Exchanges and Derivative Products Worldwide

Last weekend saw a wave of new restrictions come crashing down on cryptocurrency exchanges throughout the world.   The primary crackdown targets were leveraged trading and other risky derivative products, although major exchanges were also barred from operating in certain jurisdictions altogether. Binance and Huobi, two of the largest exchanges in

News  •  Bitcoin  •  Jun 28, 2021
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New Wave of Regulations Target Exchanges and Derivative Products Worldwide
New Wave of Regulations Target Exchanges and Derivative Products Worldwide

Last weekend saw a wave of new restrictions come crashing down on cryptocurrency exchanges throughout the world.   The primary crackdown targets were leveraged trading and other risky derivative products, although major exchanges were also barred from operating in certain jurisdictions altogether. Binance and Huobi, two of the largest exchanges in

News  •  Bitcoin  •  Jun 28, 2021
Doubletalk of the Town
Doubletalk of the Town

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Opinion  •  Economy  •  Jun 28, 2021
Mexico's Central Bank Blocks Ricardo Salinas’ Plan to Bring Bitcoin to Banco Azteca
Mexico's Central Bank Blocks Ricardo Salinas’ Plan to Bring Bitcoin to Banco Azteca

Banco de México, Mexico's central bank, was quick to shoot down plans voiced by the country's third-richest person Ricardo Salina for his bank Banco Azteca to become the first bank in Mexico to accept bitcoin. Late last week, Salinas spoke about Bitcoin as "an asset

News  •  Economy  •  Jun 28, 2021
As Miners Head West, Bitcoin Heads Towards Historic Difficulty Drop
As Miners Head West, Bitcoin Heads Towards Historic Difficulty Drop

Bitcoin is headed for what is expected to be the largest downward difficulty adjustment in its history. As China has effectively opted out of Bitcoin by instructing banks and payment service provides to cut off Bitcoin-linked transactions and ordering miners in various regions to shut down their operations, Bitcoin miners

News  •  Economy  •  Jun 27, 2021
Tanzania's Central Bank Working on President's Cryptocurrency Directive
Tanzania's Central Bank Working on President's Cryptocurrency Directive

Tanzania's central bank is reportedly working on a directive from the country's president Samia Suluhu Hassan to prepare for cryptocurrencies. The developments could hint at a possible reversal of the central bank's stance on Bitcoin, Reuters reports. In 2019, the Tanzanian central bank publicly

News  •  Economy  •  Jun 24, 2021
El Salvador to Send $30 Worth of Bitcoin to Its Citizens
El Salvador to Send $30 Worth of Bitcoin to Its Citizens

A national address to El Salvador's citizens saw a first today: a president conducting a tutorial on how to use a Bitcoin wallet. And not any Bitcoin wallet: as Bukele announced previously, the Salvadoran government is working on a wallet application for the country to support the addition

News  •  Economy  •  Jun 24, 2021
SEC Continues To Delay Bitcoin ETF Approval
SEC Continues To Delay Bitcoin ETF Approval

The United States Securities and Exchange Commission (SEC) has postponed its decision on yet another Bitcoin exchange traded fund, according to a filing released on Tuesday. The filing was in response to a proposed rule change that would allow Valkyrie Digital Assets to create a Bitcoin ETF for customers within

News  •  Bitcoin  •  Jun 22, 2021
The Fifth Utility
The Fifth Utility

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Opinion  •  Bitcoin  •  Jun 22, 2021
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