Metaplanet, a company specializing in Web3 infrastructure, experienced a nearly 90% surge in its stock value on the Tokyo Stock Exchange within two days.
The jump in price occurred after the company announced a collaborative investment of $6.56 million in Bitcoin, involving partners such as Sora Ventures and Mark
El Salvador became the first nation to declare Bitcoin as legal tender and to integrate a Bitcoin strategy into its national treasury, resulting in an accumulation of over $400 million in Bitcoin holdings.
Under the leadership of President Nayib Bukele, legislation was enacted in 2021 to legitimize Bitcoin as legal
According to Infobae, the International Monetary Fund (IMF) is allegedly insisting on modifications to El Salvador's pro-Bitcoin legislation, which is complicating the nation's efforts to obtain a $1.4 billion credit line.
In 2021, El Salvador adopted Bitcoin as legal tender under President Nayib Bukele'
According to Infobae, the International Monetary Fund (IMF) is allegedly insisting on modifications to El Salvador's pro-Bitcoin legislation, which is complicating the nation's efforts to obtain a $1.4 billion credit line.
In 2021, El Salvador adopted Bitcoin as legal tender under President Nayib Bukele'
Metaplanet, a company specializing in Web3 infrastructure, experienced a nearly 90% surge in its stock value on the Tokyo Stock Exchange within two days.
The jump in price occurred after the company announced a collaborative investment of $6.56 million in Bitcoin, involving partners such as Sora Ventures and Mark
El Salvador became the first nation to declare Bitcoin as legal tender and to integrate a Bitcoin strategy into its national treasury, resulting in an accumulation of over $400 million in Bitcoin holdings.
Under the leadership of President Nayib Bukele, legislation was enacted in 2021 to legitimize Bitcoin as legal
The Human Rights Foundation (HRF) recently disclosed its latest allocation of Bitcoin Development Fund grants.
A total of $500,000 has been allocated to 14 projects across the globe. These projects are aimed at enhancing global education, advancing the Lightning Network, fostering decentralized communications, and facilitating access to financial tools
Japan's Government Pension Investment Fund (GPIF), which oversees more than $1.5 trillion in assets, has announced plans to explore the possibility of diversifying part of its portfolio into Bitcoin, among other assets.
This move is part of a broader strategy to assess a variety of illiquid alternative
Nigeria is attempting to stabilize its rapidly declining national currency, the naira, by restricting access to prominent cryptocurrency exchanges, according to a report by the Financial Times.
This step is part of the Nigerian government's efforts to combat cryptocurrency speculation as the naira hits record lows.
Late on
The information provided is sourced from a long-form research report, titled "Bitcoin as Legal Tender: El Salvador's Groundbreaking Decision and the Salvadorian Mainstream Media's Reaction" by Luis David Esparragoza and Fernando Nikolić.
The report delves into the nuanced reactions and coverage by Salvadoran mainstream
Susie Reilly has maintained unwavering faith in the future of El Salvador and its ongoing experiment with Bitcoin adoption, despite a turbulent couple of years marked by economic instability and international criticism from organizations such as the IMF.
Focused on her mission to create a medical and dental center with
