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Miami mayor set to receive salary in Bitcoin

Miami mayor Francis Suarez has pledged to take his next paycheck in Bitcoin. “I feel very comfortable getting my entire salary in Bitcoin,” he said in an interview with Fox Business. He also mentioned that he wants to make salaries…

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El Salvador to build schools with bitcoin

Using surplus from its Bitcoin Fund, El Salvador will construct 20 “bitcoin schools.” The announcement of the plans came in a series of live tweets from Casa Presidencial, the office of President Nayib Bukele, as part of an event where…

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New York mayor wants crypto in schools

New York mayor-elect Eric Adams has said he wants young people to be educated on crypto. “When I talked about blockchain and Bitcoins, young people on the street stopped and asked me, ‘What is that?’” Adams, a former captain in…

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First US Bitcoin ETF launches

The first Bitcoin ETF listed on the New York Stock Exchange was ProShares’ Bitcoin Strategy ETF. Backed by bitcoin futures, the ETF raked in roughly $520 million on its opening day. The fund also saw about $1 billion of trading…

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Square could introduce bitcoin mining for clients

Square CEO Jack Dorsey has said his payments company could introduce a bitcoin mining arm. In a Friday tweet, Dorsey announced his payments company is considering “a bitcoin mining system based on custom silicon and open source for individuals and…

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US becomes BTC mining leader of the world

China’s reign as Bitcoin mining hub of the world has come to an end, as recent data from Cambridge University suggests the United States is the new epicentre of crypto mining. According to data captured by Cambridge Centre for Alternative…

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Brazil next in line to adopt Bitcoin?

A Brazilian lawmaker is aiming to pass a bill that seeks to regulate Bitcoin and other cryptocurrencies. Once finalised, the framework is expected to go to the Chamber of Deputies. The bill was first introduced by Deputy Expedito Netto, but…

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Once a Bitcoin skeptic not always a Bitcoin skeptic

Soros Fund Management Company, the private investment firm founded by billionaire investor George Soros, has revealed the family office owns “some [bitcoins] … but not a lot.” Dawn Fitzpatrick, CEO and chief investment officer of Soros Fund Management added, “I’m…

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