Aside from being the first country in the world to adopt bitcoin as legal tender, El Salvador’s move on Tuesday (Sept. 7) was monumental in several ways. It triggered a four-month-high price surge on Monday (Sept. 6), a Twitter campaign, a Reddit rally, and then...
El Salvador became the world’s first country to accept bitcoin as legal tender on Tuesday (Sept. 7) and marked the occasion by purchasing about $21 million of the digital currency, President Nayib Bukele said on Twitter. In several tweets, Bukele said that the country purchased...
Blockchain may be among the buzzier of buzzwords as 2021’s end is in sight and 2022 looms near. At a high level, the shared, immutable ledgers have the potential to change the way we interact with each other and with financial institutions. Jason Chlipala, COO...
Charles Randell, head of the U.K. Financial Conduct Authority (FCA), has said regulators in the country should be given more power to protect consumers from shady cryptocurrency investments promoted online. Randell, according to a report by Financial Times (FT), said it would take time to...
As the government in El Salvador readies to adopt bitcoin as legal tender on Tuesday (Sept. 7), a poll by the Central American University (UCA) shows that almost 70 percent of residents are not happy about it, Reuters and other media reported on Friday (Sept....
Twitter’s iOS Tip Jar for content creators — now in beta mode — suggests that bitcoin gratuities could be added, BeInCrypto and other news outlets reported on Wednesday (Sept. 1). When the Tip Jar was first rolled out in May, Twitter gave its users the...
Reactions to cryptocurrencies have been mixed across the world. While countries like El Salvador have embraced bitcoin and classified the marquee cryptocurrency as legal currency, others like India and China have been more measured in their approach — or downright hostile toward the virtual currencies....
As with any new method of payment, of commerce in general, of exchanging value and data, the existential questions emerge: Trend or fad? If the former, then the new ways take root, and transform how we get what we need from one another and our interactions....
Input Output (IOHK), the company behind the Cardano cryptocurrency, plans to build a national ID blockchain system in Ethiopia. In a tweet, Ethiopia’s Minister of Education, Dr. Getahun Mekuria, confirmed the partnership which aims to build a blockchain-based universal student credentialing system in the East...
