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Moving in line with other central banks, the Bank of Spain is working to pursue digital currencies further, a new plan released on Friday indicates. The Spanish central bank, also known as Banco de España, released a strategic plan for its operations in the four years ahead. Along with noting
Three power plants in Iran have been given the green light to provide their surplus energy to Bitcoin miners to ramp up their revenue and ease pressure on the national grid. The head of Iran's Thermal Power Plant Holding Company (TPPH), Mohsen Tarztalab, announced the news yesterday, revealing
Jay Clayton, Chairman of the U.S. Securities and Exchange Commission (SEC), says he is willing to facilitate the tokenization of exchange-traded funds (ETFs). According to International Investment, Clayton said at a conference hosted by the U.S. Chamber of Digital Commerce that he is open to talks about the
News • Bitcoin • Oct 17, 2020Jay Clayton, Chairman of the U.S. Securities and Exchange Commission (SEC), says he is willing to facilitate the tokenization of exchange-traded funds (ETFs). According to International Investment, Clayton said at a conference hosted by the U.S. Chamber of Digital Commerce that he is open to talks about the
News • Bitcoin • Oct 17, 2020Moving in line with other central banks, the Bank of Spain is working to pursue digital currencies further, a new plan released on Friday indicates. The Spanish central bank, also known as Banco de España, released a strategic plan for its operations in the four years ahead. Along with noting
News • Technology • Oct 16, 2020Three power plants in Iran have been given the green light to provide their surplus energy to Bitcoin miners to ramp up their revenue and ease pressure on the national grid. The head of Iran's Thermal Power Plant Holding Company (TPPH), Mohsen Tarztalab, announced the news yesterday, revealing
News • Bitcoin • Sep 21, 2020Obi 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 • Bitcoin • Sep 07, 2020The canton of Zug, Switzerland, colloquially known as "Crypto Valley," has taken an enormous stride toward cryptocurrency adoption by enabling tax settlement in bitcoin and ether. Zug will accept tax payments in both cryptocurrencies as early as 2021. Following a pilot expected to take place within the next
News • Bitcoin • Sep 02, 2020On August 27th, Federal Reserve Chairman Jerome Powell delivered his much-awaited speech on U.S. monetary policy. Analysts say that Powell’s comments, which indicated that increased and continued inflation should be expected, are set to bolster Bitcoin's long-term price trajectory. What Did Jerome Powell Say? Jerome Powell&
News • Bitcoin • Aug 31, 2020Dennis Lockhart, who served as the president of the Atlanta Federal Reserve for a decade, believes the U.S. economy may experience a “double-dip.” Considering the Fed’s new policy which targets a 2% average inflation rate, Bitcoin could stand to benefit. If the “Pessimistic” Double-Dip Scenario Happens, Bitcoin Could
News • Economy • Aug 28, 2020Global Macro Investor CEO Raoul Pal believes Bitcoin could outperform gold over the long term, arguing that while both stores of value benefit from inflation, Bitcoin has a significantly higher potential upside than the precious metal. At the Jackson Hole Symposium on Thursday, Federal Reserve chair Jerome Powell announced the
News • Bitcoin • Aug 27, 2020