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El Salvador’s Chivo Wallet Gets An Upgrade With New Service Provider
El Salvador’s Chivo Wallet Gets An Upgrade With New Service Provider
News  •  Bitcoin  •  Feb 02, 2022 by Deniz Saat

The Chivo wallet is a government sponsored Bitcoin wallet for El Salvadoran citizens. Anyone who signed up for an account received $30 worth of bitcoin and could make free transactions in U.S. dollars or bitcoin. Released on September 7th, 2021 during Bitcoin Day, an estimated 500,000 users signed

India will Tax, Not Ban, Cryptocurrencies
India will Tax, Not Ban, Cryptocurrencies
News  •  Bitcoin  •  Feb 02, 2022 by Daniel Kuhman

In a budget speech held on Tuesday, India’s Finance Minister Nirmala Sitharaman announced that they would be implementing a 30% tax on any income from the transfer of virtual digital assets. According to Sitharaman, “There’s been a phenomenal increase in transactions in virtual digital assets. The magnitude and

Bitcoin Fundraiser For Canadian Truckers Launches Following GoFundMe Suspension
Bitcoin Fundraiser For Canadian Truckers Launches Following GoFundMe Suspension

A GoFoundMe fundraiser that was collecting funds for Canadian truckers protesting against covid-19 restrictions has been suspended by the platform. Over $10 million in funds had been donated to the campaign before it was suspended. The platform attached an “Under Review” disclaimer stating: “This fundraiser is currently paused and under

News  •  Bitcoin  •  Feb 04, 2022
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Bitcoin Fundraiser For Canadian Truckers Launches Following GoFundMe Suspension
Bitcoin Fundraiser For Canadian Truckers Launches Following GoFundMe Suspension

A GoFoundMe fundraiser that was collecting funds for Canadian truckers protesting against covid-19 restrictions has been suspended by the platform. Over $10 million in funds had been donated to the campaign before it was suspended. The platform attached an “Under Review” disclaimer stating: “This fundraiser is currently paused and under

News  •  Bitcoin  •  Feb 04, 2022
El Salvador’s Chivo Wallet Gets An Upgrade With New Service Provider
El Salvador’s Chivo Wallet Gets An Upgrade With New Service Provider

The Chivo wallet is a government sponsored Bitcoin wallet for El Salvadoran citizens. Anyone who signed up for an account received $30 worth of bitcoin and could make free transactions in U.S. dollars or bitcoin. Released on September 7th, 2021 during Bitcoin Day, an estimated 500,000 users signed

News  •  Bitcoin  •  Feb 02, 2022
India will Tax, Not Ban, Cryptocurrencies
India will Tax, Not Ban, Cryptocurrencies

In a budget speech held on Tuesday, India’s Finance Minister Nirmala Sitharaman announced that they would be implementing a 30% tax on any income from the transfer of virtual digital assets. According to Sitharaman, “There’s been a phenomenal increase in transactions in virtual digital assets. The magnitude and

News  •  Bitcoin  •  Feb 02, 2022
House Rep. Warren Davidson Bullish on Bitcoin to Enable Private Transactions
House Rep. Warren Davidson Bullish on Bitcoin to Enable Private Transactions

The blog, published on January 26th, is titled “It’s time to preserve our right to transact privately”. Davidson details the Federal Reserve’s annual Diary of Consumer Payment Choice where the Fed reported that consumers used cash for only 19% of transactions in 2020, which was a 7% decrease

News  •  Bitcoin  •  Feb 02, 2022
Mississippi Senator Proposes Bitcoin and Cryptocurrency Bills
Mississippi Senator Proposes Bitcoin and Cryptocurrency Bills

State Senator Josh Harkins (R), chairman of the Mississippi Senate Finance Committee, files three bills that recognize and define the functions of bitcoin and other cryptocurrencies within Mississippi. These proposals were released last week as other states were announcing their Bitcoin and cryptocurrency bills. The Proposed Bills SB 2631 The

News  •  Bitcoin  •  Jan 31, 2022
State Senator Introduces Bill to Make Bitcoin Legal Tender in Arizona
State Senator Introduces Bill to Make Bitcoin Legal Tender in Arizona

State Senator Wendy Rogers has introduced a bill to make bitcoin legal tender in the state of Arizona. The bill proposes adding bitcoin to the existing list of legal tender definitions. The bill defines bitcoin as a “decentralized, peer-to-peer digital currency in which a record of transactions is maintained on

News  •  Bitcoin  •  Jan 28, 2022
Gubernatorial Candidate Don Huffines Plans to Make Texas the Citadel for Bitcoin
Gubernatorial Candidate Don Huffines Plans to Make Texas the Citadel for Bitcoin

Don Huffines, a former U.S. Senator and current candidate for state governor of Texas, released a Bitcoin policy plan on his campaign website that outlines the approach he would take to make Texas a safe haven for Bitcoiners. In a statement following the release, Huffines said: I have owned

News  •  Bitcoin  •  Jan 28, 2022
Kazakhstan State Power Company Shuts Off Electricity Supply to Bitcoin Miners
Kazakhstan State Power Company Shuts Off Electricity Supply to Bitcoin Miners

Dozens of officially registered bitcoin and cryptocurrency mining farms were given notice on Monday January 24th, 2022 that they will not be provided power from January 24th to January 31st. In the Asymptomatically News Telegram post, a copy of the notice was sent out by the journalist Serikzhan Mauletbay.  Following

News  •  Bitcoin  •  Jan 27, 2022
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