Economy
Economy
The “CUBO+” six-month educational program has just been announced by El Salvador’s Bitcoin Office. The program aims to produce Bitcoin and Lightning developers through the Salvadoran university system. According to the Office, a small group (around 25) students chosen from El Salvador’s top university will participate in the
The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the U.S. Treasury all declared on Sunday that they will take “decisive actions” to boost public trust in the nation’s banking sector. The FDIC and Federal Reserve came to this decision after recommending that Silicon Valley Bank (SVB)
The Texas State House of Representatives has been presented with a bill that would completely protect and embrace the Bitcoin economy. House Concurrent Resolution 89, sponsored by Rep. Cody Harris (R), and co-authored by Natalie Smolenski and Jason Brett of the Bitcoin Policy Institute, argues that the Chinese government’s
News • Bitcoin • Mar 21, 2023The Texas State House of Representatives has been presented with a bill that would completely protect and embrace the Bitcoin economy. House Concurrent Resolution 89, sponsored by Rep. Cody Harris (R), and co-authored by Natalie Smolenski and Jason Brett of the Bitcoin Policy Institute, argues that the Chinese government’s
News • Bitcoin • Mar 21, 2023The “CUBO+” six-month educational program has just been announced by El Salvador’s Bitcoin Office. The program aims to produce Bitcoin and Lightning developers through the Salvadoran university system. According to the Office, a small group (around 25) students chosen from El Salvador’s top university will participate in the
News • Bitcoin • Mar 15, 2023The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the U.S. Treasury all declared on Sunday that they will take “decisive actions” to boost public trust in the nation’s banking sector. The FDIC and Federal Reserve came to this decision after recommending that Silicon Valley Bank (SVB)
News • Politics • Mar 13, 2023The top financial regulator in New York is currently investigating stablecoin issuer Paxos while competitor Circle was the one to raise the alarm. In autumn of 2022, Circle alerted the New York Department of Financial Services, or NYDFS, that Binance's reserves were insufficient to support its tokens, potentially
News • Politics • Feb 13, 2023Just days after the UK announced the next stages of its plan to regulate Bitcoin and cryptocurrencies, Australia seems to have followed suit. In a new announcement, Australia’s government has unveiled the first step of what is being called a “multi-stage plan” to regulate Bitcoin and crypto. “The multi‑
News • Bitcoin • Feb 03, 2023The United Kingdom has announced its plans to regulate Bitcoin and other cryptocurrencies within the country. “We remain steadfast in our commitment to grow the economy and enable technological change and innovation – and this includes cryptoasset technology," said Economic Secretary to the Treasury, Andrew Griffith. “But we must also
News • Bitcoin • Feb 01, 2023Lebanon is set to devalue its currency by 90% on February 1st, as the country's central bank governor, Riad Salameh, announced that the new official exchange rate will be 15,000 pounds per U.S. dollar. This marks a significant decrease from the current official rate, which has
News • Bitcoin • Jan 31, 2023On January 24th, 2023 El Salvador’s president, Nayib Bukele, announced that the country was able to pay off an $800 million bond despite numerous media outlets claiming that it would not be able to make payments because of its “Bitcoin bet.” The payment, which followed a prior transaction, included
News • Bitcoin • Jan 24, 2023