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Brazil’s Chamber of Deputies have approved a comprehensive regulatory framework for the usage and trade of Bitcoin and cryptocurrencies within the country. The new regulations, which were approved on Tuesday night in Brasília, the nation’s capital, acknowledge Bitcoin and cryptocurrencies as digital representations of value that may be
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
According to sources, Sam Bankman-Fried’s cryptocurrency trading firm, Alameda Research, has been secretly funding The Block for more than a year. The media outlet claims to cover cryptocurrency news independently. According to those knowledgeable of the situation, one $16 million payment was made by Alameda to be used in
News • Business • Dec 09, 2022According to sources, Sam Bankman-Fried’s cryptocurrency trading firm, Alameda Research, has been secretly funding The Block for more than a year. The media outlet claims to cover cryptocurrency news independently. According to those knowledgeable of the situation, one $16 million payment was made by Alameda to be used in
News • Business • Dec 09, 2022Brazil’s Chamber of Deputies have approved a comprehensive regulatory framework for the usage and trade of Bitcoin and cryptocurrencies within the country. The new regulations, which were approved on Tuesday night in Brasília, the nation’s capital, acknowledge Bitcoin and cryptocurrencies as digital representations of value that may be
News • Bitcoin • Nov 29, 2022The 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, 2022El 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, 2022The 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, 2022According 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, 2022According 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, 2022According 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