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El Salvador Bitcoin Law Making BTC Legal Tender Passes With Supermajority


The bill to make bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress. “The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transaction, and to any title that public or private...

Grand Theft Auto 6 to Feature a Fictional Cryptocurrency


One of the biggest franchises in the videogame industry, Grand Theft Auto, will feature in-game payments of “bitcoin” or another fictional cryptocurrency. Contractors will pay the player with this currency when they need to make anonymous, untraceable payments. This would constitute...

Crypto Market Crash Has Slashed Bithumb Value by Over 50%


The South Korean crypto exchange Bithumb is still up for sale, but its value has reportedly fallen along with the crypto market price slump. Per the financial media outlet Maeil Kyungjae, potential buyers are still interested in the trading platform, but its worth – according to market experts...

Crypto Ransomware at G7, Bottlepay's Euro & Bitcoin Offer + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____ Politics news "So one of the things we’d like to see out of the G7 is the start of an action plan that covers a number of critical...

British Asset Manager Ruffer Bags $1.1 Billion Profit From Bitcoin


British asset management firm Ruffer reportedly said its bitcoin investment has generated about $1.1 billion in profit. The firm says bitcoin has been “a wonderful store of value” and it is still optimistic about the cryptocurrency in the long term. Ruffer Profits $1.1 Billion From...

Crypto Market Signals Go Bearish But Long-Term Investors Still Accumulate


Many of the key crypto market indicators have turned bearish during the past few weeks, with the last month bringing historically large declines by most on-chain activity metrics, according to on-chain activity and digital asset flow data. That said, it's still the new entrants who are selling...

White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin


Tim Wu, top advisor to the Biden administration on technology and competition policy, holds more than $1 million in cryptocurrency, shows a recently filed financial disclosure. The antitrust expert, who is known as a prominent big tech critic, has in the past questioned the value of bitcoin....

Russia Could Use Crypto to Dodge US Sanctions - Political Insider


In a sign of increased acceptance of cryptocurrencies among Russia’s elite, Alexander Shokhin, the president of the lobby group Russian Union of Industrialists and Entrepreneurs (RSPP), has proposed that the country’s lower chamber of parliament, the State Duma, discusses how Moscow could...

Kenyan Banks Warn Clients Against Crypto Trading


A few Kenyan banks have started sending out warning alerts to clients engaged in cryptocurrency trading to be wary of the associated risks. These warnings have reportedly been sent to clients who have “used their credit and debit cards to buy cryptocurrencies on crypto exchanges.”...

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