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Rio De Janeiro to Invest 1% of Its Treasury in Cryptocurrency
16.1.2022
Rio de Janeiro, one of the largest cities in Brazil, will invest part of its Treasury in cryptocurrencies. The announcement was made by the mayor of Rio, Eduardo Paes, during Rio Innovation Week. The plan is to turn the city into a cryptocurrency-friendly hub, and there are other tax incentives...
British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits Overstated
14.1.2022
According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digital pound are being overstated. Erosion of Privacy British lawmakers have said the use of a central...
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...
Rio’s Treasury Reserves to Be Made up of 1% Crypto, City May Enable BTC Tax Payments
14.1.2022
Brazil’s former capital city, Rio de Janeiro, might start holding crypto in its treasury, its Mayor has revealed.
According to the newspaper O Globo, Mayor Eduardo Paes made the announcement during an event also attended by another pro-crypto mayor, Miami’s Francis Suarez. The duo were speaking...
Ethereum options data shows pro traders expect strong resistance at $3,600
13.1.2022
Derivatives analysis suggests that ETH will continue to bounce around in the $3,300 to $3,600 range for the short-term
‘Being a Currency and a Security Are Not Contradictory,’ Crypto Can Be Both: Monetary Historian
13.1.2022
Franklin Noll, an academic and monetary historian, has asserted that crypto can be both a security and a currency. Pointing to the history of U.S. money, Noll argues that being both a currency and a security is, in fact, not contradictory. The ‘Infamous’ Continental Dollar Coins...
Estonia Offers to Share Crypto Experience With US to Identify Best Practices for Digital Assets
11.1.2022
Estonian Finance Minister Keit Pentus-Rosimannus has offered to share her country’s experience in regulating cryptocurrencies with the U.S. in a discussion with Treasury Secretary Janet Yellen. Estonia Offers to Share Crypto Experience With the US U.S. Treasury Secretary Janet Yellen...
Bitfarms Buys the Dip: 1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High
10.1.2022
Global bitcoin mining company Bitfarms has bought the dip and added 1,000 bitcoins to its balance sheet while the prices of mining hardware remain high. The company’s corporate treasury now holds more than 4,300 bitcoins. Mining Company Buys the Dip Bitfarms Ltd. has taken advantage of...
Crypto Biz: The Rise of the Bitcoin Treasury, Dec. 30–Jan. 6
6.1.2022
Michael Saylor’s MicroStrategy showed corporations that holding Bitcoin on their balance sheet is a viable strategy to hedge against inflation
Popular BTM Operator: Bitcoin of America Surpasses 1500+ BTMs
4.1.2022
PRESS RELEASE. Bitcoin of America, a popular digital currency exchange, has surpassed 1500 plus Bitcoin ATMs. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast...
Microstrategy Buys More Bitcoin, Now Holding 124,391 BTC
31.12.2021
Nasdaq-listed Microstrategy has bought more bitcoin for its corporate treasury. The latest purchase for 1,914 coins has raised the company’s total cryptocurrency holdings to 124,391 bitcoins. CEO Michael Saylor recently said that he expects the price of the cryptocurrency to eventually reach...
US Treasury official beckons new stablecoin regulations
20.12.2021
“If Congress does not enact legislation, the regulators will try to use what authority they have,” stated the U.S. Treasury official Nellie Liang
Universities including Berkeley, MIT, Harvard, Oxford to form EduDAO to promote Web 3 innovations, financed by BitDAO treasury
16.12.2021
The funds from EduDAO will be used for research, education and entrepreneurship in Web 3 technologies among the world's top universities
Six senators urge Treasury Secretary to clarify definition of broker in infrastructure law before 2022
16.12.2021
According to the U.S. lawmakers, the infrastructure law contains an “overly-broad interpretation” of what a broker is and places the reporting burden on individuals who may not have the necessary information to comply
Bitcoin.com Wallet Adds Support For Multisig (Shared) Wallets
10.12.2021
The Bitcoin.com Team is excited to announce support for shared (multisig) wallets for Bitcoin and Bitcoin Cash in the Bitcoin.com Wallet. That means you can protect your most valuable wallets with a unique form of two-factor authentication, set up a corporate treasury, safely introduce your kids...
Microstrategy Buys More Bitcoin, Now Holds 122,478 BTC — CEO Says Bitcoin Is Taking Gold’s Place
10.12.2021
In less than two weeks after its previous bitcoin purchase, Microstrategy bought more bitcoins. The company has added 1,434 coins to its treasury, bringing the total holdings to 122,478 coins. At the time of writing, the company’s total bitcoin stash is worth about $6 billion. Microstrategy...
Animoca Brands' treasury increased in value by 5X over two months
9.12.2021
The firm has enjoyed tremendous success from its early plays on NFT game platforms and metaverses that provide digital equity to its users
Crypto Flash Crash Prompts El Salvador to Buy the Dip — 150 Bitcoins Added to Treasury
4.12.2021
As the crypto market shed billions of dollars, El Salvador bought the dip, taking advantage of the falling price of bitcoin early Saturday morning. With the latest buy, El Salvador has purchased a total of 1,370 bitcoins altogether. According to Salvadoran president Nayib Bukele, the coins were...
Terra Tokenomics Lead to Market Surge, Bitcoin Reserve Hinted
4.12.2021
The recent movements in the treasury of Terra, a decentralized financial payment network, which is now burning more than $4 billion worth of LUNA due to a governance proposal, have seemingly made the price of the asset rise to all-time high (ATH) levels. This rise has been also accompanied by...
US Treasury Secretary Yellen Says She’s Undecided Whether the Fed Should Issue Digital Currency
3.12.2021
The U.S. Treasury Secretary Janet Yellen says that she has not made up her mind about whether the Fed should issue a central bank digital currency (CBDC). “There are some benefits” to a digital dollar, Yellen said, but noted that “there are also meaningful costs.” Janet...