Economy
Economy

On 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

More 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

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
News • Bitcoin • Apr 28, 2022
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
News • Bitcoin • Apr 28, 2022
On 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, 2022
More 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, 2022
A 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, 2022
Several 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, 2022
The 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
The Cosmos Asset Management’s Bitcoin ETF will be listed next week on the Cboe trading platform in Australia and is the first Bitcoin ETF available in Australia. The Bitcoin ETF will invest in Canada’s Purpose Bitcoin ETF that went live last year. In order for the ETF to
News • Bitcoin • Apr 19, 2022
The Ministry of Finance of Russia announced that it had finalized its “On Digital Currency” draft law. The announcement further stated the bill had been “clarified and concretized,” to include provisions related to digital mining activities. “On Digital Currency” was introduced around the same time Russia invaded Ukraine on February
News • Bitcoin • Apr 19, 2022