International Monetary Fund (IMF) has raised concerns over El Salvador’s adoption of Bitcoin as a legal tender. It said Bitcoin poses macroeconomics, financial and legal issues. IMF’s statement comes ahead of its meeting with Salvadoran president Nayib Bukele later on Thursday. Gerry Rice, an IMF spokesman said, “Adoption of bitcoin as legal tender raises several

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The cryptocurrency train left the station midway through last year. That initial train ride took Bitcoin all the way to more than $60k...

According to the Reuters report, El Salvador’s President Nayib Bukele said on Wednesday that he had instructed state-owned geothermal electric firm LaGeo to develop a plan to offer bitcoin mining facilities using renewable energy from the country’s volcanoes. The Central American country became the first country in the world to adopt bitcoin as legal tender […]

Read full post El Salvador plans to use renewable energy from the country’s volcanoes for bitcoin mining. on Chaintimes.com.

Seattle-based cryptocurrency mining software technology company- Luxor announced Wednesday a Series A funding completed with a total value of $5 million. It is reported that the...

Did you miss the impromptu public address of El Salvador president Nayib Bukele to the Crypto Twitter nation? El Salvador’s Bitcoin Laws make...

US Democratic Senator Elizabeth Warren went on a rant against cryptocurrencies during a session of the Senate Banking Committee discussing a US government-backed central bank digital currency on Wednesday. Comparing decentralized crypto assets to a CBDC, the Senator said that crypto is a “fourth-rate alternative to real currency,” adding that “legitimate digital public money could […]

The president of El Salvador, Nayib Bukele, has just instructed LaGeo, a subsidiary of the Lempa River Hydroelectric Executive Commission, to facilitate volcano powered bitcoin mining. He said: “I’ve just...

Two of the biggest internet services in China, Baidu, and Weibo, appear to be taking coordinated censorship effort on keywords of the three major crypto exchanges that cater to Chinese investors. Searching either the Chinese or English names of Huobi, Binance, and OKEx on both the desktop and mobile versions of Google-like search giant Baidu now […]

Read full post Baidu and Weibo are censoring Binance, Huobi, and OKEx keywords. on Chaintimes.com.

Chinese crackdown on bitcoin mining has reached Xinjiang province, after Inner Mongolia and Sichuan. According to documents being circulated on Weibo, the Development and Reform Commission of the province has asked for the suspension of virtual currency mining in the region. The Google translation of the document read, State leaders have issued instructions to comprehensively

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El Salvador created history today by becoming the first country to approve Bitcoin as a legal tender. Nayib Bukele, the President of the Central American nation joined a Twitter Space hosted by Nic Carter when the Bitcoin bill was being discussed by the country’s Congress. During his Twitter space discussion, Bukele revealed that the country

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President Nayib Bukele’s Bitcoin Law was passed in the Salvadorian congress tonight.

As of 9:45 a.m. EDT, the global crypto market had plummeted more than 11% over the past 24 hours, falling below $1.5 trillion to its lowest point since a flash crash in May pushed the market down to $1.3 trillion from an early month high above $2.5 trillion. Breaking News, Forbes.com Cryptocurrency investors are surprised by the […]