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A new report suggests that over 1/3 of Nigerians aged 18-60 are investing in and/or trading Bitcoin and various cryptocurrencies. The report revealed that, * Most investors are young, with the median age being 18.4 years old * Many are long-term investors due to the lowering value of Nigeria’
At first glance, it may appear that Mexican Senator, Indira Kempis, used her Bitcoiner clout to trojan horse the proposal of a CBDC. But looks can be deceiving. Proposing Bitcoin adoption in Mexico is not quite as straightforward as writing a bill and calling it a day. Instead, it appears
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, 2022The 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, 2022A new report suggests that over 1/3 of Nigerians aged 18-60 are investing in and/or trading Bitcoin and various cryptocurrencies. The report revealed that, * Most investors are young, with the median age being 18.4 years old * Many are long-term investors due to the lowering value of Nigeria’
News • Business • Apr 15, 2022At first glance, it may appear that Mexican Senator, Indira Kempis, used her Bitcoiner clout to trojan horse the proposal of a CBDC. But looks can be deceiving. Proposing Bitcoin adoption in Mexico is not quite as straightforward as writing a bill and calling it a day. Instead, it appears
News • Bitcoin • Apr 13, 2022Employees at Vantage Bank Texas are getting a taste of the future – earlier this week, the small bank in Laredo, Texas turned heads with its new option receive payment in Bitcoin. “The idea for the Bitcoin Savings Plan was something presented to us by one of our partners,” said Vantage
News • Bitcoin • Apr 08, 2022Onstage at Bitcoin 2022 in Miami, Chief Strategy Officer at the Human Rights Organization Alex Gladstein led a conversation with activists Yeonmi Park, Farida Nabourema, and Fadi Elsalameen on the theme “Bitcoin is Freedom.” In it, the speakers shared alternative experiences from smaller economies, offering fresh perspectives on the development
News • Bitcoin • Apr 07, 2022According to a new guidance by the Securities and Exchange Commission, US companies that hold cryptocurrencies for their customers must now account for those assets as liabilities, and warn investors about the associated risk. This includes major players such as Coinbase, PayPal, Block (formerly known as Square), and Robinhood. In
News • Bitcoin • Apr 01, 2022Core Scientific is the largest publicly-traded bitcoin mining company by hashrate, and just reported financials for 2021 that exceed analysts’ predictions. In the fiscal year ending on December 31st, 2021, Core Scientific’s total revenue increased 803% to $544.5 million. Analyst estimates were at $507.1 million, according to
News • Markets • Mar 30, 2022