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

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

SEC Continues To Delay Bitcoin ETF Approval
SEC Continues To Delay Bitcoin ETF Approval
News  •  Bitcoin  •  Jun 22, 2021 by Joshua Chretien

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

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
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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
Mining Heads West: BIT Mining Moves Machines From Sichuan to Kazakhstan
Mining Heads West: BIT Mining Moves Machines From Sichuan to Kazakhstan

BIT Mining Limited, the fifth-largest mining pool by hash rate in the world, announced Tuesday that it had successfully transported the first of three mining machine shipments from Sichuan, China to the Central Asian nation of Kazakhstan.   The initial shipment contained over three hundred mining machines with a potential hash

News  •  Bitcoin  •  Jun 21, 2021
China's Central Bank Orders Banks, AliPay to Cut Off Bitcoin-Linked Transactions
China's Central Bank Orders Banks, AliPay to Cut Off Bitcoin-Linked Transactions

China is busy banning Bitcoin — again. The People's Bank of China (PBOC), the country's central bank, has ordered four state-owned banks as well as major payment service provider AliPay to cut off any Bitcoin-linked transactions. Following a discussion held with a number of financial institutions, the

News  •  Politics  •  Jun 20, 2021
MicroStrategy Now Holds Over 100,000 Bitcoin
MicroStrategy Now Holds Over 100,000 Bitcoin

MicroStrategy now holds more than 100,000 bitcoin, currently worth over $3 billion in value.  The business intelligence firm has long become the largest publicly listed HODLer. Less than a year after its initial $250 million purchase, MicroStrategy has now cracked the 100,000 bitcoin mark, meaning just under 5%

News  •  Bitcoin  •  Jun 20, 2021
As China Cracks Down on Miners, Bitcoiners Expect a Hash Rate Shift
As China Cracks Down on Miners, Bitcoiners Expect a Hash Rate Shift

China's crackdown on Bitcoin mining is beginning to materialize as restrictions expand to the Sichuan province, one of the main regions used for Bitcoin mining in the country. On Friday, the Sichuan Provincial Development and Reform Commission issued a joint notice with the Sichuan Energy Bureau demanding the

News  •  Economy  •  Jun 18, 2021
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