In August of last year, MicroStrategy set off what resembles a movement of institutions to get skin into the Bitcoin game. After Michael Saylor's firm bought its first $250 million worth of bitcoin, it took mere months for various public companies to follow suit; soon, even banks began
El Salvador has big plans for Bitcoin: the Central American country seeks to become the first to declare Bitcoin legal tender and pave the way for wider adoption of Bitcoin among its population of 6.5 million.
The efforts are led by Nayib Bukele, a Salvadorian businessman and the country&
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
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
In August of last year, MicroStrategy set off what resembles a movement of institutions to get skin into the Bitcoin game. After Michael Saylor's firm bought its first $250 million worth of bitcoin, it took mere months for various public companies to follow suit; soon, even banks began
El Salvador has big plans for Bitcoin: the Central American country seeks to become the first to declare Bitcoin legal tender and pave the way for wider adoption of Bitcoin among its population of 6.5 million.
The efforts are led by Nayib Bukele, a Salvadorian businessman and the country&
Hungary may cut cryptocurrency taxes in half — from 30.5% to 15%.
In a Facebook video published today, Hungary's Minister of Finance Mihály Varga addressed plans for the country's economic recovery, which included the consideration of updated taxation around cryptocurrencies. At the moment, income from cryptocurrency
Bank of England Governor Andrew Bailey reiterated his views that cryptocurrencies "have no intrinsic value" and their holders should "be prepared to lose all [their] money."
At a press conference on Thursday, Bailey was quoted saying, “they have no intrinsic value. That doesn’t mean to
Kazakhstan's central bank is considering the issuance of a central bank digital currency (CBDC).
A report published by the National Bank of Kazakhstan on Wednesday outlines plans to launch a pilot project for a digital tenge. The pilot would see a two-tier structure, with the National Bank as
Turkey residents flee to Bitcoin as a change in the leadership of the local central bank spurs fears of inflation.
Al Jazeera reported on March 20 that Turkey's President Recep Tayyip Erdogan issued a decree firing the central bank governor Naci Agbal.
Agbal had held this position for
The public needs to understand the risks associated with Bitcoin, according to Federal Reserve Chair Jerome Powell.
During a webinar hosted by the Bank of International Settlements (BIS) on Monday, Powell said the Fed prefers to refer to cryptocurrencies as "crypto assets" rather than currencies, as their volatility
