In a speech at the 2022 Conservative Political Action Conference (CPAC) this week, U.S. Senator Ted Cruz came out unequivocally in favor of Bitcoin. In his speech, he claimed he was bullish, at least in part, because “it is decentralized and uncontrollable.” He added that political parties taking anti-Bitcoin
El Salvador’s tourism sector represents one of the largest sectors of economic growth for the Latin American country. Since the adoption of Bitcoin as legal tender in El Salvador, one of the most positively impacted sectors of the country has been tourism.
According to the Minister of Tourism (MITUR)
Ryan Petersen, CEO of global logistics platform Flexport, posted to Twitter on Monday that the company holds a non-zero amount of Bitcoin on their $1.6B balance sheet. The post was in response to a comment on an earlier thread asking what percentage of the portfolio was “hard money (aka
Ryan Petersen, CEO of global logistics platform Flexport, posted to Twitter on Monday that the company holds a non-zero amount of Bitcoin on their $1.6B balance sheet. The post was in response to a comment on an earlier thread asking what percentage of the portfolio was “hard money (aka
In a speech at the 2022 Conservative Political Action Conference (CPAC) this week, U.S. Senator Ted Cruz came out unequivocally in favor of Bitcoin. In his speech, he claimed he was bullish, at least in part, because “it is decentralized and uncontrollable.” He added that political parties taking anti-Bitcoin
El Salvador’s tourism sector represents one of the largest sectors of economic growth for the Latin American country. Since the adoption of Bitcoin as legal tender in El Salvador, one of the most positively impacted sectors of the country has been tourism.
According to the Minister of Tourism (MITUR)
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
