On Wednesday, German media outlet BTC-ECHO reported that the European Parliament (a legislative branch of the European Union) finalized a new draft of their Markets in Crypto-assets (MiCA) framework. According to the report, the new draft proposes a ban on “environmentally unsustainable consensus mechanisms” like the Proof-of-Work (PoW) protocol used

The Brazilian Senate is set to vote on a bill that would allow the largest Latin American country to regulate cryptocurrency. The bill was unanimously approved by the CAE, which gives a positive outlook for the the Senate vote. After the bill is passed by the Senate and the lower

The CEOs of two of the most prominent cryptocurrency-trading platforms, Coinbase and Kraken, sent tweets that appeared to offer advice on how crypto users could evade restrictions on funding by taking crypto off exchanges into self-custody. The OSC’s manager of public affairs Kristen Rose said that the regulators are

De Beukelaer was the first European politician to convert his entire salary in 2022 while he puts his entire 5,500 monthly salary into Bitcoin on the first of every month. This move was in hope to raise awareness about Bitcoin and alternative monetary models, financial education and to get

In 2016, a law was passed by the Portuguese tax authorities which ruled that cryptocurrencies are not to be considered as currencies as they aren’t legal tender in Portugal. Therefore, the virtual assets cannot be subject to capital gains taxes. Since the law has been ruled, many Bitcoiners have

Hyperbitcoinization is a voluntary transition from an inferior currency to a superior one…    …Hyperbitcoinization should be accompanied by a rapid improvement in productivity and wealth…    …Hyperbitcoinization will probably be a confusing time for everyone, like a second adolescence. However, once it is over, no one will be able to imagine

Colorado Governor Jared Polis announced on February 15th, 2022 that Colorado residents will soon be able to pay their taxes in Bitcoin and other cryptocurrencies as early as this summer. Polis and other government officials in Colorado have been at the forefront of making their state more Bitcoin and cryptocurrency

Prior to the spring of 2021, the majority of the hashrate to secure the Bitcoin network was located in China. Miners were consistently adding more ASIC machines to their mining farms in order to earn rewards for providing energy to the network.  During the spring of that year, the China