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Brazil in Bitcoin Adoption Drive: Blockchain.com's Expansion, Miners' Tax Break, Real Estate Firm's BTC Choice
25.5.2022
Crypto adoption is gaining pace in Brazil, with the crypto wallet giant Blockchain.com looking to hire local staff, a major real estate firm committing to bitcoin (BTC) pay, and the government looking to incentivize crypto mining by waiving tax on imported mining hardware....
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Working Study Says Despite Legal Tender Status, Bitcoin Is Not a Widely Accepted Medium of Exchange in El Salvador
27.4.2022
According to a working study published by the U.S. National Bureau of Economic Research (NBER), most Salvadorans stopped using the Chivo wallet after getting their $30 bitcoin bonus. The report shows that the median Chivo wallet user made no deposits or withdrawals in a given month. NBER Study:...
Kingdom of Tonga May Adopt Bitcoin as Legal Tender, Says Former Member of Parliament
14.1.2022
The Kingdom of Tonga may adopt bitcoin as legal tender, according to a former member of Tonga’s parliament, Lord Fusitu’a, who tweeted about a possible timeline for this event to occur. Fusitu’a believes that by next fall a bill will be passed by Tonga’s parliament...
Salvadoran President Nayib Bukele Taunts Economist Steve Hanke After Bitcoin’s Price Skyrockets
17.10.2021
On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. At the time, the well known economist warned that El Salvador faces...
'Dictator' Bukele 'Buys the Bitcoin Dip' as 1.1M Users Flock to Chivo Wallet
20.9.2021
d “bought the dip.”The government has highly incentivized the use of the Chivo app – although it claims that Chivo use is optional – by giving those who download it in El Salvador USD 30 worth of BTC as a golden hello.Bukele claimed that the Chivo app and his BTC adoption plans were al
Nigeria’s Legal Operants Dread the Widespread BTC Adoption
2.8.2021
The eminent digital asset ‘Bitcoin’ world over has a record of being the second most appropriated virtual funds exchange in the Nigerian FinTech ecosystem. Regarding BTC cryptocurrency exchanges, Nigeria is listed right after the number one spot of the United States by trading platform Paxful....
UN commission serves new warning against BTC adoption in El Salvador
9.7.2021
ECLAC executive secretary stressed that there is no study yet that would have investigated potential risks or benefits of El Salvador accepting BTC as legal tender
US State Department Official Wants El Salvador to ‘Ensure Bitcoin Is Well Regulated’
3.7.2021
The U.S. Department of State’s undersecretary of state for political affairs, Victoria Nuland, has explained during a press conference that the U.S. has urged El Salvador to be responsible with the country’s new bitcoin law. Nuland told the press that the U.S. was taking a “tough...
Dutch Football Team AZ Alkmaar to hold Bitcoin and pay players in BTC
2.7.2021
AZ Alkmaar is set to become the first professional football club in the Netherlands to pay player salaries in Bitcoin
Bitcoin miner Poolin immortalizes El Salvador's BTC adoption on the blockchain
9.6.2021
El Salvador accepting Bitcoin as legal tender is now forever etched on the blockchain as mining pool Poolin adds a newspaper headline to block 686,938
Why Banks Hold the Key to Wider BTC Adoption and Hyperbitcoinization
20.6.2020
Banks will be instrumental in bringing about wider cryptocurrency adoption. Without their involvement, the general public will continue to view crypto as a less-than legitimate part of the world of finance.
Admittedly, the vast majority of financial institutions still view bitcoin (BTC) and other...
PR: Bitcoin.com Announces Mining Partnership With Bit Mining
19.6.2019
Bitcoin.com and Bit Mining are excited to announce a business partnership focusing on BCH and BTC mining.A New BeginningThis joint endeavor is between Bitcoin.com, a company dedicated to spreading BCH and BTC adoption, and Bit Mining, a blockchain ecosystem builder with large mining farms spread...