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Arizona state senator Wendy Rogers (R) has introduced a set of bills that will make Bitcoin legal tender in the state and permit state agencies to accept it. By becoming a recognized legal tender in Arizona, Bitcoin will be able to be used for settling debts, taxes, and other financial
On 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
CEO of Strike Jack Mallers announced on Twitter that Strike is now an integrated partner with Clover’s parent company, the payments giant Fiserv. A pilot integration launched by Strike with Clover has since been established, enabling businesses to accept Bitcoin over the Lightning Network. https://twitter.com/jackmallers/status/
News - Bitcoin - Jan 26, 2023CEO of Strike Jack Mallers announced on Twitter that Strike is now an integrated partner with Clover’s parent company, the payments giant Fiserv. A pilot integration launched by Strike with Clover has since been established, enabling businesses to accept Bitcoin over the Lightning Network. https://twitter.com/jackmallers/status/
News - Bitcoin - Jan 26, 2023Arizona state senator Wendy Rogers (R) has introduced a set of bills that will make Bitcoin legal tender in the state and permit state agencies to accept it. By becoming a recognized legal tender in Arizona, Bitcoin will be able to be used for settling debts, taxes, and other financial
News - Bitcoin - Jan 25, 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, 2023To expand its institutional Bitcoin mining colocation services, leading Bitcoin infrastructure company Blockstream has announced that it raised $125 million in convertible note and secured loan financing. The convertible note was led by Kingsway Capital, Fulgur Ventures, and other investors. The sole financial advisor to Blockstream is Cohen & Company
News - Bitcoin - Jan 24, 2023European Union legislators have voted in favor of imposing rigorous capital requirements on banks that hold Bitcoin and cryptocurrencies. Economic spokesperson for the EU parliament’s European People’s Party Markus Ferber states that “banks will be required to hold a euro of their own capital for every euro they
News - Politics - Jan 24, 2023Andrew Barnard and Doug Carrillo, the co-founders of Bitstop, have acquired Genesis Coin Inc., the first and largest Bitcoin ATM software platform in the world. Over 35% of all Bitcoin ATM transactions worldwide use Genesis Coin’s technology. Through Bitstop, Barnard and Carrillo created one of the first platforms for
News - Bitcoin - Jan 24, 2023Genesis 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
News - Technology - Jan 20, 2023Mississippi and Missouri state legislators have submitted bills that aim to formally safeguard the rights of citizens to mine Bitcoin and operate Bitcoin nodes. Senator Josh Harkins (R) and Representative Jody Steverson (R) are leading the campaign in Mississippi while Phil Christofanelli (R) filed the relevant bill in Missouri. The
News - Bitcoin - Jan 20, 2023