Banking News
Vitalik Buterin Says El Salvador’s Bitcoin Law is ‘Opposed to Crypto’s Idea of Freedom’
Vitalik Buterin has responded to a post regarding the Salvadorean Bitcoin rollout, calling it “contrary to the ideals of freedom”...
Payment Juggernaut Partners with Stellar and USDC for Blockchain-Based Payments
MoneyGram, one of the major global remittance services, has partnered with the Stellar Foundation (XLM) to provide a bridge between digital ...
BTC-Backed Loans a Reality as Miner Obtains $100 Million Credit to Buy More Equipment
Marathon Digital Holdings, one of the largest publicly traded American Bitcoin mining companies, has obtained a US$100 million credit line f...
Is Remittance-Dependent Tonga the Next Nation to Adopt Bitcoin as Legal Tender?
The small Polynesian island nation of Tonga will follow the example set last month by El Salvador in making bitcoin legal tender, if at leas...
El Salvador’s Bitcoin Wallet Outperforms Banks in Opening Weeks
More than two million El Salvadoreans are already actively using the Bitcoin wallet Chivo, according to the president of the Central America...
Bitcoin Trader Faces Off With Aussie Banks Over ‘Crypto Discrimination’
Allan Flynn, a trader and owner of local exchange BitcoinCanberra, is claiming A$250,000 from two of Australia’s biggest banks after t...
RBA Looking to Hire CBDC Experts to Contribute Towards ‘Future of Money in Australia’
It’s official, according to a recent Linkedin job listing – the Reserve Bank of Australia (RBA) is currently hiring for its R...
El Salvador to Exempt Foreign Investors from Tax on Bitcoin Profits
The government of El Salvador announced on September 13 that the country will exempt foreign investors from taxes on their bitcoin (BTC) pro...
Aussie Crypto Businesses Are Being Debanked On Short Notice
At hearings before the Australian Senate Committee on September 8, several domestic crypto-related businesses shared their experience of fin...
ANZ Bank Shortlisted for Singapore’s Retail CBDC Project
One of Australia’s ‘Big Four’ banks, ANZ is one of 15 finalists in a global competition to develop a Central Bank Digital Currency (CB...
Nigerian Central Bank Reveals ‘Speed Wallet’ Ahead of October e-Naira Launch
The Central Bank of Nigeria (CBN) is set to release its official digital “Speed Wallet” to facilitate next month’s launch ...
Anti-Bitcoin Protests Fill the Streets of El Salvador Amid BTC Legal Tender Launch
The political situation in El Salvador is heating up as hundreds of Salvadoreans protest the passing of the Bitcoin Law, which will make BTC...