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Investment in bitcoin by major companies, integration of cryptocurrency and blockchain technology for payments and other use cases

US government expected to release executive order on crypto by February

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…

· 1 minute read

Rio de Janeiro to invest 1% of reserves in Bitcoin

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…

· 1 minute read

Millions download China’s CBDC pilot app in first week

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…

· 1 minute read