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Brazil Passes Bill To Recognize Bitcoin and Digital Assets as Payment
Brazil Passes Bill To Recognize Bitcoin and Digital Assets as Payment
News  •  Bitcoin  •  Dec 22, 2022 by Deniz Saat

According to Brazil’s federal government’s official journal (DOU), President Jair Bolsonaro signed a bill into law on December 22nd that creates a comprehensive regulatory framework for Bitcoin transactions in the country. The bill was passed by Congress in November and was enacted today by President Bolsonaro without any

Bitcoin Miner Core Scientific Files for Bankruptcy
Bitcoin Miner Core Scientific Files for Bankruptcy
News  •  Bitcoin  •  Dec 21, 2022 by Deniz Saat

In order to restructure its debt, Core Scientific (CORZ), one of the largest Bitcoin miners by computing power, filed for bankruptcy on December 21st, 2022. The downturn in markets has had significant impacts on the business, forcing Core Scientific to file for Chapter 11 bankruptcy at the Southern District of

Coincorner Partners With Pouch To Expand Send Globally Service to the Philippines
Coincorner Partners With Pouch To Expand Send Globally Service to the Philippines

Douglas, Isle of Man - Thursday 22nd December 2022 - CoinCorner has added support for the Philippines to its Send Globally service, allowing customers in the UK and Europe to transfer funds to the Philippines, using Bitcoin and the Lightning Network. In a new partnership with Pouch, Send Globally will

Press Release  •  Bitcoin  •  Dec 22, 2022
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Coincorner Partners With Pouch To Expand Send Globally Service to the Philippines
Coincorner Partners With Pouch To Expand Send Globally Service to the Philippines

Douglas, Isle of Man - Thursday 22nd December 2022 - CoinCorner has added support for the Philippines to its Send Globally service, allowing customers in the UK and Europe to transfer funds to the Philippines, using Bitcoin and the Lightning Network. In a new partnership with Pouch, Send Globally will

Press Release  •  Bitcoin  •  Dec 22, 2022
Brazil Passes Bill To Recognize Bitcoin and Digital Assets as Payment
Brazil Passes Bill To Recognize Bitcoin and Digital Assets as Payment

According to Brazil’s federal government’s official journal (DOU), President Jair Bolsonaro signed a bill into law on December 22nd that creates a comprehensive regulatory framework for Bitcoin transactions in the country. The bill was passed by Congress in November and was enacted today by President Bolsonaro without any

News  •  Bitcoin  •  Dec 22, 2022
Bitcoin Miner Core Scientific Files for Bankruptcy
Bitcoin Miner Core Scientific Files for Bankruptcy

In order to restructure its debt, Core Scientific (CORZ), one of the largest Bitcoin miners by computing power, filed for bankruptcy on December 21st, 2022. The downturn in markets has had significant impacts on the business, forcing Core Scientific to file for Chapter 11 bankruptcy at the Southern District of

News  •  Bitcoin  •  Dec 21, 2022
Layer 2 Labs Raises $3M To Help Scale Bitcoin
Layer 2 Labs Raises $3M To Help Scale Bitcoin

With its initial launch, Layer 2 Labs hopes to scale and develop drivechains for the Bitcoin Network. Upon its debut, the company was able to successfully raise $3 million in funding. Layer 2 Labs co-founder and CEO Paul Sztorc stated that the company’s mission is to “make everyone in

News  •  Bitcoin  •  Dec 20, 2022
Bank for International Settlements Finalizes Policy With 2% Cryptoasset Exposure Cap
Bank for International Settlements Finalizes Policy With 2% Cryptoasset Exposure Cap

The Bank for International Settlements’ (BIS) Basel Committee on Banking Supervision recently released a proposed policy that would set a 2% limit on the amount of banks’ Tier 1 capital held in Bitcoin and cryptocurrencies.  The policy has the support of the Basel Committee’s supervisory body, the Group of

News  •  Bitcoin  •  Dec 16, 2022
New Digital Asset Bill From Senator Warren Targets Self-custody Wallets
New Digital Asset Bill From Senator Warren Targets Self-custody Wallets

The “Digital Asset Anti-Money Laundering Act of 2022” was just introduced by Senators Elizabeth Warren (D-Mass) and Roger Marshall (R-Kan) and would significantly affect the privacy of Bitcoin and cryptocurrency users. https://twitter.com/SenWarren/status/1603033907968049154 If passed, the measure will mandate the implementation of know-your-customer (KYC) systems for

News  •  Bitcoin  •  Dec 14, 2022
Japan’s Largest Power Company Will Mine Bitcoin With Excess Energy
Japan’s Largest Power Company Will Mine Bitcoin With Excess Energy

The Tokyo Electric Power Company (TEPCO) Power Grid is collaborating with a local semiconductor designer and developer, TRIPLE-1, in order to mine Bitcoin using excess energy around the country.  The Fukushima nuclear plant, which was operated by TEPCO, was damaged in 2011 by an enormous tsunami and earthquake that destroyed

News  •  Bitcoin  •  Dec 14, 2022
Lightning Service Provider Breez Raises $4.5 Million
Lightning Service Provider Breez Raises $4.5 Million

An oversubscribed investment round headed by ego death capital and Entrée Capital helped Breez, a Lightning Network solution service provider, raise $4.5 million. Hivemind Ventures, Fulgur Ventures, Hawk Digital Innovation, and Bitcoiner Ventures are a few additional industry funds involved with raising capital for this round. Breez CEO Roy

News  •  Bitcoin  •  Dec 13, 2022
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