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Blockstream Unveils Basic Note Series 2 Following $5 Million Series 1 Raise
Blockstream Unveils Basic Note Series 2 Following $5 Million Series 1 Raise
News  •  Bitcoin  •  Dec 13, 2023 by Deniz Saat

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.

Tether Powers El Salvador’s Freedom Visa Program With Tech Support
Tether Powers El Salvador’s Freedom Visa Program With Tech Support
News  •  Bitcoin  •  Dec 08, 2023 by Deniz Saat

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

Bitcoin To Be Valued at Fair Market Value According to New FASB Regulations
Bitcoin To Be Valued at Fair Market Value According to New FASB Regulations

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
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Bitcoin To Be Valued at Fair Market Value According to New FASB Regulations
Bitcoin To Be Valued at Fair Market Value According to New FASB Regulations

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 Unveils Basic Note Series 2 Following $5 Million Series 1 Raise
Blockstream Unveils Basic Note Series 2 Following $5 Million Series 1 Raise

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
Tether Powers El Salvador’s Freedom Visa Program With Tech Support
Tether Powers El Salvador’s Freedom Visa Program With Tech Support

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 Unveils New Division To Help Countries Acquire Bitcoin
JAN3 Unveils New Division To Help Countries Acquire Bitcoin

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
21 Changes in BlackRock's Recent Spot Bitcoin ETF Application
21 Changes in BlackRock's Recent Spot Bitcoin ETF Application

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 and Samson Mow Meet To Develop the Nation’s Bitcoin Strategy
Suriname’s President Chan Santokhi and Samson Mow Meet To Develop the Nation’s Bitcoin Strategy

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
SEC Discusses Bitcoin Spot ETF Application With Grayscale
SEC Discusses Bitcoin Spot ETF Application With Grayscale

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
Binance CEO Changpeng Zhao Announces Decision To Resign and Admits Guilt
Binance CEO Changpeng Zhao Announces Decision To Resign and Admits Guilt

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
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