El Salvador president Nayib Bukele announced Monday that his government has purchased 400 BTC, which are worth nearly $21 million at current trading levels, ahead of the rollout of a new law set to make the cryptocurrency legal tender. … [Read more...] about El Salvador approves $150 million trust fund to support bitcoin adoption, buys 400 BTC
US banks given permission to use blockchain infrastructure and issue stablecoins
Federally chartered banks are allowed to participate in independent node verification networks and use stablecoins for payment activities … [Read more...] about US banks given permission to use blockchain infrastructure and issue stablecoins
The EU presents a plan to regulate digital assets
Executive Vice-President Valdis Dombrovskis says the future of finance has to do with digital technology … [Read more...] about The EU presents a plan to regulate digital assets
U.S. regulator authorises national banks to offer crypto custody
U.S. bank regulator gives permission to national banks and federal savings associations to provide custodial service … [Read more...] about U.S. regulator authorises national banks to offer crypto custody
Sweden to test e-krona, a digital version of cash
Riksbank, the central bank of Sweden, has launched a pilot project aimed at developing and testing a digital currency, e-krona. … [Read more...] about Sweden to test e-krona, a digital version of cash
Bitcoin adoption in Australia
Bitcoin adoption around the world varies immensely. Various factors can contribute to this, from legal regulations, to media coverage, and general consumer awareness. … [Read more...] about Bitcoin adoption in Australia
German banks will be able to store and sell cryptocurrency since 2020
From January 1, 2020, German banks can support the sale and custody of bitcoin and other cryptocurrencies, local business newspaper Handelsblatt reported. … [Read more...] about German banks will be able to store and sell cryptocurrency since 2020
Chinese president calls for acceleration of development of blockchain technology
China’s President Xi Jinping said the country needs to “seize the opportunity” afforded by blockchain technology and aim at taking "the leading position in the emerging field of blockchain." … [Read more...] about Chinese president calls for acceleration of development of blockchain technology