Genesis Global Capital and Genesis Asia Pacific, two of Genesis’ lending companies, have both filed for Chapter 11 bankruptcy. According to their announcement, the firm intends to implement a global resolution in order to maximize value for all clients and stakeholders while strengthening its business for the future. Genesis Global

A little over one year after the President of El Salvador, Nayib Bukele, made the historic move to adopt Bitcoin as legal tender, thousands flocked to the country for the second annual Adopting Bitcoin conference.  With over 1,000 conference attendees, Adopting Bitcoin was an opportunity for many westerners who

El Salvador’s president, Nayib Bukele, declared late last night that the nation would be buying one Bitcoin every day beginning today. https://twitter.com/nayibbukele/status/1593113857261965312 El Salvador currently has 2,381 BTC Bitcoin in its treasury, which is worth more than $39 million. When the market is

According to a press release, a South African circular Bitcoin economy has launched the Bitcoin Ekasi Center to educate local youth, business owners, and entrepreneurs about money management and Bitcoin. The initiative was founded by Hermann Vivier. Ekasi helped and educated staff for ten local businesses to begin accepting Bitcoin

A new partnership between CoinCorner, a Bitcoin and Lightning service provider, and Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, aims to bring Bitcoin services to the United Arab Emirates (UAE) as well as throughout the Middle East in order to improve Bitcoin

Nigeria is pursuing to create the first economic free zone for Bitcoin and cryptocurrency in West Africa through the Nigeria Export Processing Zones Authority (NEPZA), according to a press release. Talent City specializes in building special economic zones and is working alongside Binance and NEPZA. According to NEPZA’s managing

El Salvador’s El Zonte beach is set to receive more than $203 million in investment from the government. The beach is an iconic location, better known as ‘Bitcoin Beach,’ due to El Salvador’s successful adoption of Bitcoin to create a local circular economy.  This investment represents efforts to

According to a report from the local news source Tasnim, Iran has enacted a law that establishes a thorough legal framework for the use of Bitcoin and cryptocurrency payments for imports. Reza Fatemi Amin, the Iranian Minister of Industry, Mine, and Trade, reportedly stated that the recently approved law clarifies