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Swiss City of Lugano Makes Bitcoin, Tether ‘De Facto Legal Tender’


  Bitcoin (BTC) and tether (USDT) will become “de facto legal tender” in the southern Swiss city of Lugano, as the city partners with Tether to become the “Bitcoin Capital of Europe,” Tether’s Chief Technology Officer (CTO) Paolo Ardoino said during an event hosted with Lugano city officials...

Venezuela Might Be Affected by Russian Banks’ SWIFT Suspension


Analysts from Venezuela have expressed their worries about the expulsion of a number of Russian banks from SWIFT, an international messaging system that allows the interconnection of banks. These measures could affect the finances not only of Venezuela, but also of other countries in the region...

Block, Coinbase Release Positive Q4 Results Amid Growing Market Uncertainty


  Payments giant Block has reported positive results for the fourth quarter of 2021, signaling an unexpectedly robust outlook for this year. At the same time, major crypto exchange Coinbase also posted quarterly results that exceeded analyst expectations, but its expectations of a lower trading...

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