In a speech at the 2022 Conservative Political Action Conference (CPAC) this week, U.S. Senator Ted Cruz came out unequivocally in favor of Bitcoin. In his speech, he claimed he was bullish, at least in part, because “it is decentralized and uncontrollable.” He added that political parties taking anti-Bitcoin
The Ukrainian National Bank (UNB) recently adopted a resolution following Russian attacks and the declaration of martial law within the country.
Adopted Resolutions
The resolution asserts that bank branches should continue normal operations unless life-threatening situations arise, or the health of the general population is at risk.
The resolution also
The debate over proof-of-work mining in the European Parliament has been delayed with energy FUD surrounding Bitcoin mining. The Markets in Crypto-Assets Directive, known as MiCA, was set for vote on February 28th. The agenda was to start negotiations between the body and the Council of the European Union and
The debate over proof-of-work mining in the European Parliament has been delayed with energy FUD surrounding Bitcoin mining. The Markets in Crypto-Assets Directive, known as MiCA, was set for vote on February 28th. The agenda was to start negotiations between the body and the Council of the European Union and
In a speech at the 2022 Conservative Political Action Conference (CPAC) this week, U.S. Senator Ted Cruz came out unequivocally in favor of Bitcoin. In his speech, he claimed he was bullish, at least in part, because “it is decentralized and uncontrollable.” He added that political parties taking anti-Bitcoin
The Ukrainian National Bank (UNB) recently adopted a resolution following Russian attacks and the declaration of martial law within the country.
Adopted Resolutions
The resolution asserts that bank branches should continue normal operations unless life-threatening situations arise, or the health of the general population is at risk.
The resolution also
El Salvador’s tourism sector represents one of the largest sectors of economic growth for the Latin American country. Since the adoption of Bitcoin as legal tender in El Salvador, one of the most positively impacted sectors of the country has been tourism.
According to the Minister of Tourism (MITUR)
Equity markets were spooked by the announcement of a Russian invasion of Ukraine which led to lower prices on the morning of February 24th, 2022. Upon market open, the Dow Jones Industrial Average traded -1.3%, the Nasdaq traded -2.6%, Germany’s DAX traded -5%, and the U.K.
China announced an amendment that will allow the courts to jail those found guilty of raising funds via “virtual currency”. China has banned crypto-based fundraising since 2017 and has amended this Criminal Law to increase the punishment to jail sentences which will vary from three years to over ten years
On Wednesday, German media outlet BTC-ECHO reported that the European Parliament (a legislative branch of the European Union) finalized a new draft of their Markets in Crypto-assets (MiCA) framework. According to the report, the new draft proposes a ban on “environmentally unsustainable consensus mechanisms” like the Proof-of-Work (PoW) protocol used
Nuevo León Senator Indira Kempis visited El Salvador earlier this month to observe the developments the country has undergone. President Nayib Bukele stated that El Salvador grew its GDP by 10.3% in 2021 and had never reached double digits beforehand. Tourism in the country also grew by 30% after
