Economy
Economy
The adoption of Bitcoin continues to increase with the announcement of a new type of loan from Goldman Sachs Group. The company released information on a new Bitcoin-backed loan on May 3rd, 2022 in collaboration with Coinbase. The collaboration between Goldman Sachs Group Inc. and Coinbase Global Inc. is focusing
Along with Fidelity's announcement to offer Bitcoin investing for company 401(k) plans, Microstrategy accepted the offering for their own employees. CEO Michael Saylor stated that “MicroStrategy looks forward to working with Fidelity to become the first public company to offer their employees the option to invest in
Argentinean senators cut a $45 billion bailout deal with the International Monetary Fund (IMF) on Thursday to help the country avoid defaulting on its debts, with an unusual clause attached. The deal was approved in a 56 to 13 vote that includes a brutal provision that forces the government of
News - Bitcoin - May 07, 2022Argentinean senators cut a $45 billion bailout deal with the International Monetary Fund (IMF) on Thursday to help the country avoid defaulting on its debts, with an unusual clause attached. The deal was approved in a 56 to 13 vote that includes a brutal provision that forces the government of
News - Bitcoin - May 07, 2022The adoption of Bitcoin continues to increase with the announcement of a new type of loan from Goldman Sachs Group. The company released information on a new Bitcoin-backed loan on May 3rd, 2022 in collaboration with Coinbase. The collaboration between Goldman Sachs Group Inc. and Coinbase Global Inc. is focusing
News - Bitcoin - May 04, 2022Along with Fidelity's announcement to offer Bitcoin investing for company 401(k) plans, Microstrategy accepted the offering for their own employees. CEO Michael Saylor stated that “MicroStrategy looks forward to working with Fidelity to become the first public company to offer their employees the option to invest in
News - Bitcoin - Apr 28, 2022On April 26th, 2022 Fort Worth, Texas Mayor Mattie Parker announced that the city government is now mining Bitcoin. As the first U.S. city to ever mine Bitcoin, Fort Worth is devoted to learning more and possibly expanding their current mining operations in the future. Currently there are three
News - Bitcoin - Apr 27, 2022More information has been released on the Central African Republic cryptocurrency bill, highlighting the adoption of Bitcoin and creating legislation for multiple cryptocurrencies. Earlier this week, news began to circulate about a new cryptocurrency bill in the Republic of Central Africa. The bill focuses on providing a framework for Bitcoin
News - Bitcoin - Apr 27, 2022A Slovakian Bitcoin miner named Dušan Matuska strives to become a Bitcoin educator on a small island of Roatán, Honduras. Matuska plans to use a previous Montessori school building to create an education center in a special economic zone called Próspera. Currently, Próspera accepts Bitcoin as legal tender. Matuska was
News - Bitcoin - Apr 27, 2022Several news outlets are reporting that the Central African Republic (CAR) has passed a bill favoring Bitcoin and cryptocurrency. While some headlines suggest that the African nation has adopted Bitcoin entirely, this is not the case. The approved bill will allow for Bitcoin and cryptocurrency use within the financial markets.
News - Bitcoin - Apr 26, 2022The International Monetary Fund (IMF) is calling on global policymakers to begin developing new standards for cryptocurrency. The financial institution is particularly concerned about heightened tensions between Ukraine and Russia. In its Global Financial Stability Report, IMF addressed the increase of downside risks amid Russia’s invasion. There is a
News - Bitcoin - Apr 21, 2022