News

Senior officials in the Biden administration are currently drafting the government’s cryptocurrency strategy to be presented to the President in the coming weeks

Bitcoin mining survey reveals industry’s progress towards sustainability, New York mayor converts his pay-check into crypto and crypto jobs increase by 400%.

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

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 

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

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.

The Brazilian city of Rio de Janeiro announced that 1% of its treasury reserves will be stored in Bitcoin

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.

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

The Chairman of the Federal Reserve Bank Jerome Powell has said that the bank’s much-anticipated report on cryptocurrencies and central bank digital currencies (CBDCs) will be released in the coming weeks