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Blockstream, a Bitcoin infrastructure company, recently announced the launch of the second series of its Bitcoin-based investment product, the Blockstream ASIC (BASIC) Note. This follows the initial series, which reportedly met with high demand from investors. The first series was launched in September 2023, during which Blockstream invested approximately $4.
El Salvador's government, in collaboration with Tether, has launched a new initiative called the "Adopting El Salvador Freedom Visa Program." This program seeks individuals to contribute to El Salvador's development in various sectors including culture, technology, and economy. It offers participants the opportunity to
The Financial Accounting Standards Board (FASB) unveiled new regulations requiring companies to value Bitcoin and cryptocurrencies at fair value. These regulations are scheduled to take effect on December 15th, 2024, although companies have the option to adopt them sooner. These guidelines in the U.S. mandate that businesses report the
News • Bitcoin • Dec 13, 2023
The Financial Accounting Standards Board (FASB) unveiled new regulations requiring companies to value Bitcoin and cryptocurrencies at fair value. These regulations are scheduled to take effect on December 15th, 2024, although companies have the option to adopt them sooner. These guidelines in the U.S. mandate that businesses report the
News • Bitcoin • Dec 13, 2023
Blockstream, a Bitcoin infrastructure company, recently announced the launch of the second series of its Bitcoin-based investment product, the Blockstream ASIC (BASIC) Note. This follows the initial series, which reportedly met with high demand from investors. The first series was launched in September 2023, during which Blockstream invested approximately $4.
News • Bitcoin • Dec 13, 2023
El Salvador's government, in collaboration with Tether, has launched a new initiative called the "Adopting El Salvador Freedom Visa Program." This program seeks individuals to contribute to El Salvador's development in various sectors including culture, technology, and economy. It offers participants the opportunity to
News • Bitcoin • Dec 08, 2023
JAN3, a prominent player in the Bitcoin industry, recently launched JAN3 Financial. This new venture is designed to facilitate the entry of nation-states and affluent individuals into the Bitcoin market. The initiative addresses the increasing interest from national governments, public institutions, major corporations, and wealthy individuals in acquiring and managing
News • Bitcoin • Dec 07, 2023
BlackRock has updated its S-1 form for the iShares Bitcoin Trust, a proposed spot Bitcoin exchange-traded fund (ETF), with a seed investment of $100,000. On December 4th, 2023, the company introduced a number of amendments focusing on aspects such as the Trust’s structure, operations, risks, and disclosures. These
News • Bitcoin • Dec 05, 2023
Suriname's President Chan Santokhi recently met with Samson Mow, CEO of Bitcoin firm JAN3, to discuss potential strategies for integrating Bitcoin into Suriname's economy. This meeting was part of Suriname's broader efforts to diversify its economic model. The dialogue with JAN3, spearheaded by Minister
News • Bitcoin • Nov 29, 2023
Recently, the U.S. Securities and Exchange Commission (SEC) held discussions with Grayscale Investments regarding the proposal to convert the Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin Exchange-Traded Fund (ETF). Detailed in an SEC memo, the meeting involved Grayscale's top executives, including CEO Michael Sonnenshein and CFO
News • Bitcoin • Nov 22, 2023
Changpeng Zhao, founder of Binance, the world's largest Bitcoin and cryptocurrency exchange, has agreed to plead guilty to charges of money laundering, as revealed in recent court documents. Binance will also plead guilty and is set to pay fines and restitution totaling $4.3 billion. Zhao will pay
News • Markets • Nov 21, 2023