News

What  Senior officials in the Biden administration are currently drafting the government’s cryptocurrency strategy to be presented to the President in the coming weeks   Why  The paper will reportedly outline the various challenges and opportunities posed by cryptocurrencies, including a…

Our retrospective of what happened in the markets in the past 24 hours.

New York mayor Eric Adams is set to convert his first paycheck into BTC and Ether

What  The Federal Reserve finally released its report on CBDCs this week but instead of taking a stance on policy, the report provides a very academic breakdown of CBDCs  Why  The mild response comes as other nations have ramped up…

What  In its latest survey, the Bitcoin Mining Council (BMC) found that the Bitcoin mining electricity mix increased to 58.5% sustainable energy usage in the fourth quarter of 2021, up from 1% in the first quarter of last year Why …

More than 70% of Jamaicans expected to be using the country’s digital currency within five years

Increased demand for cryptocurrency in 2021 triggered hiring sprees by various crypto startups and established companies around the globe

Block plans to improve BTC mining hardware, Visa committed itself again to a future in crypto, and Rio de Janeiro is diversifying its investments.

What The Brazilian city of Rio de Janeiro announced that 1% of its treasury reserves will be stored in Bitcoin Why It’s part of a bigger move by the city to introduce cryptocurrency into its financial system What next Rio…

What Jack Dorsey’s Block (formally Square) has announced it’s working on new open source systems for Bitcoin mining to solve current problems faced by miners, as outlined by Thomas Templeton, Block’s General Manager for hardware. Why Bitcoin mining hardware is…

Visa has partnered with blockchain software company ConsenSys to bridge the gap between central bank digital currencies and traditional finance.

What A pilot version of the wallet for China’s central bank digital currency, e-CNY, reached 16 million downloads in its first week of release  Why The country has aggressively pursued the development of its central bank digital currency (CBDC) while…