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Bank of Spain Criticizes El Salvador’s Foray Into Bitcoin


The Bank of Spain, the central bank of the country, criticized the adoption process El Salvador chose when declaring Bitcoin legal tender last month. In a report titled “The role of crypto assets as legal tender: the example of El Salvador,” the bank examines several pain points...

Major Turkish Crypto Exchange Coinzo Shuts Down


Coinzo, one of Turkey’s largest cryptocurrency exchanges, is terminating its digital asset trading services. The platform said its website will remain online in the next six months to allow users to withdraw their holdings in cryptocurrency and Turkish fiat money. Another of Turkey’s...

Bakkt Users Will be Able to Spend Bitcoin via Google Pay


with-Google-to-Introduce-Digital-Assets-to-Millions-of-Consumers">said the company.Bakkt also said that they’ve chosen Google Cloud as a preferred cloud provider. That said, they plan to market their solutions that will be powered by Google Cloud to “leading retailers and merchants in the

Bitcoin Decouples from Stocks as Bullish Sentiment Returns


rency, even as stocks and other risk assets have suffered in price.Over the past 7 days, bitcoin has been on a bull run that has brought its price up by more than 30%. At the same time, the US stock market index S&P 500 has remained more or less flat since last week, after having traded l

Ukraine President Zelensky Returns Law ‘On Virtual Assets’ to Parliament


The Ukrainian president has sent the recently adopted law “On Virtual Assets” back to the Verkhovna Rada, the country’s legislature. The head of state has come up with his own suggestions and opposed the establishment of a new regulatory body that would require additional...

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