Economy
Economy
On September 7th, El Salvador's Ley Bitcoin ("Bitcoin Law") officially goes into effect, enacting the law passed in Congress on June 9th in the Central American country. Leading up to that day, the Salvadoran central bank, Banco Central de Reserva (BCR), this week published draft guidelines
A member of Tonga’s parliament has expressed interest in helping connect the tiny Polynesian nation to Blockstream’s Bitcoin satellite network. Lord Fusitu’a Tweeted Friday that he had received a satellite kit from Blockstream CSO Samson Mow and was looking forward to setting it up, adding that it
Cuba is set to recognize and regulate Bitcoin and other cryptocurrencies as means of payment. This is detailed in a ministry of justice resolution published on Thursday. The resolution is signed by the central bank's minister president Marta Sabina Wilson González. The document, which was published in the
News - Economy - Aug 27, 2021Cuba is set to recognize and regulate Bitcoin and other cryptocurrencies as means of payment. This is detailed in a ministry of justice resolution published on Thursday. The resolution is signed by the central bank's minister president Marta Sabina Wilson González. The document, which was published in the
News - Economy - Aug 27, 2021On September 7th, El Salvador's Ley Bitcoin ("Bitcoin Law") officially goes into effect, enacting the law passed in Congress on June 9th in the Central American country. Leading up to that day, the Salvadoran central bank, Banco Central de Reserva (BCR), this week published draft guidelines
News - Economy - Aug 19, 2021A member of Tonga’s parliament has expressed interest in helping connect the tiny Polynesian nation to Blockstream’s Bitcoin satellite network. Lord Fusitu’a Tweeted Friday that he had received a satellite kit from Blockstream CSO Samson Mow and was looking forward to setting it up, adding that it
News - Economy - Aug 01, 2021Illiquidity could place a “significant limitation" on Bitcoin's use as a medium of exchange in El Salvador, according to analysts from J.P. Morgan. The banking behemoth's report was released last Thursday and reported on by Bloomberg on Sunday. It references El Salvador's
News - Bitcoin - Jul 15, 2021Likely to nobody's surprise, the European Central Bank's (ECB) research on the concept of a central bank digital currency (CBDC) has now reached its next step: the official launch of a digital euro project. In November last year, the ECB had initially launched a public survey
News - Economy - Jul 14, 2021Bitcoin mining has one of the highest sustainable energy mix of all global industries, according to the first report by the Bitcoin Mining Council. The executive summary of the report provides a strong rebuttal to detractors of the industry, stating that “Bitcoin mining uses negligible amounts of energy, is rapidly
News - Bitcoin - Jul 02, 2021Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
Opinion - Economy - Jun 29, 2021