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El Salvador Announces To Buy One Bitcoin Every Day
El Salvador Announces To Buy One Bitcoin Every Day
News  •  Bitcoin  •  Nov 17, 2022 by Deniz Saat

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

SEC Delays Deadline for Decision on ARK 21Shares Spot Bitcoin ETF
SEC Delays Deadline for Decision on ARK 21Shares Spot Bitcoin ETF
News  •  Bitcoin  •  Nov 15, 2022 by Deniz Saat

The U.S. Securities and Exchange Commission (SEC) has extended the deadline for a decision on listing ARK 21Shares’ spot Bitcoin (BTC) exchange-traded fund on the Chicago Board Options Exchange (Cboe BZX). The SEC’s recent announcement was initially submitted on May 13th, 2022 and has extended the window for

Digital Securities Bill Paves Way for Bitcoin Volcano Bonds in El Salvador
Digital Securities Bill Paves Way for Bitcoin Volcano Bonds in El Salvador

The launch of El Salvador’s Bitcoin-backed “volcano” bonds was made possible by the submission of a bill authorizing the issuance of digital assets to the nation’s legislative assembly by Minister of the Economy Maria Luisa Hayem Brevé. The innovative project, which was first announced a year ago on

News  •  Bitcoin  •  Nov 23, 2022
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Digital Securities Bill Paves Way for Bitcoin Volcano Bonds in El Salvador
Digital Securities Bill Paves Way for Bitcoin Volcano Bonds in El Salvador

The launch of El Salvador’s Bitcoin-backed “volcano” bonds was made possible by the submission of a bill authorizing the issuance of digital assets to the nation’s legislative assembly by Minister of the Economy Maria Luisa Hayem Brevé. The innovative project, which was first announced a year ago on

News  •  Bitcoin  •  Nov 23, 2022
El Salvador Announces To Buy One Bitcoin Every Day
El Salvador Announces To Buy One Bitcoin Every Day

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

News  •  Bitcoin  •  Nov 17, 2022
SEC Delays Deadline for Decision on ARK 21Shares Spot Bitcoin ETF
SEC Delays Deadline for Decision on ARK 21Shares Spot Bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) has extended the deadline for a decision on listing ARK 21Shares’ spot Bitcoin (BTC) exchange-traded fund on the Chicago Board Options Exchange (Cboe BZX). The SEC’s recent announcement was initially submitted on May 13th, 2022 and has extended the window for

News  •  Bitcoin  •  Nov 15, 2022
FTX Files for Bankruptcy While Sam Bankman-Fried Steps Down as CEO
FTX Files for Bankruptcy While Sam Bankman-Fried Steps Down as CEO

According to a tweet from the company, Sam Bankman- Fried’s FTX cryptocurrency exchange has filed for Chapter 11 bankruptcy in the U.S. Bankman-Fried has also resigned as CEO and will assist John J. Ray III with his new role for the exchange. The voluntary proceedings involve Alameda Research,

News  •  Business  •  Nov 11, 2022
U.S. Department of Justice Seized $3.36 Billion Worth of Bitcoin Related to Silk Road Marketplace
U.S. Department of Justice Seized $3.36 Billion Worth of Bitcoin Related to Silk Road Marketplace

According to a press release, the U.S. Department of Justice has confiscated approximately $3.36 billion in Bitcoin associated to Silk Road that has been missing since 2012.  Property developer James Zhong, who stole 51,680.32473733 BTC from Silk Road, has admitted to committing wire fraud in order

News  •  Bitcoin  •  Nov 07, 2022
Hong Kong Set To Legalize Retail Bitcoin Trading
Hong Kong Set To Legalize Retail Bitcoin Trading

According to a report from Bloomberg, Hong Kong intends to legalize Bitcoin and cryptocurrency retail trading which goes against the city’s position over the last few years and China’s ban on these types of services. Hong Kong and many other regulatory agencies of the government want to develop

News  •  Bitcoin  •  Oct 27, 2022
White House Report Suggests Adopting Bitcoin Mining Standards to Combat Climate Change
White House Report Suggests Adopting Bitcoin Mining Standards to Combat Climate Change

A recent report released by the White House known as “Climate and Energy Implications of Crypto-assets in the United States,” claims that the United States’ attempts to tackle climate change may be hampered by the environmental impact of Bitcoin and other cryptocurrencies relying on the Proof-of-Work (PoW) mechanism. The conclusions

News  •  Bitcoin  •  Sep 08, 2022
Nigeria Sets Plans to Launch a Special Economic Zone for Bitcoin and Crypto
Nigeria Sets Plans to Launch a Special Economic Zone for Bitcoin and Crypto

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

News  •  Bitcoin  •  Sep 08, 2022
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