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

Illiquidity 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

Likely 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

Bitcoin 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

Obi 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

Banco de México, Mexico's central bank, was quick to shoot down plans voiced by the country's third-richest person Ricardo Salina for his bank Banco Azteca to become the first bank in Mexico to accept bitcoin. Late last week, Salinas spoke about Bitcoin as "an asset

Bitcoin is headed for what is expected to be the largest downward difficulty adjustment in its history. As China has effectively opted out of Bitcoin by instructing banks and payment service provides to cut off Bitcoin-linked transactions and ordering miners in various regions to shut down their operations, Bitcoin miners