Bhutan has twice as much Bitcoin as El Salvador, says Arkham

In Europe, “Bitcoin only” is a growing trend, as more and more consumers and companies are hardening their resolve that Bitcoin (BTC) is the only digital asset worth holding. Bitcoin-only exchanges and brokers are places to stack sats, not “gamble” on Ether (ETH), or trade “garbage” that looks like “venture investments.” That’s according to the CEOs of major…

Bitcoin (BTC) has gained a new generatio of “hodler” in the past three years as stubborn investors refuse to sell.Data from the popular HODL Waves metric shows that those who bought Bitcoin in late 2020 are still sitting on their coins.BTC price should go "way higher" for hodlers to sellBitcoin’s longer-term investor cohorts, also known

Unlike private companies, the ECB has “no commercial interest” in monetizing users’ data, the ECB executive board member argued. European Central Bank (ECB) executive board member, Fabio Panetta, has argued that a digital euro offers superior privacy protections than privately issued stablecoins.Panetta criticized the profit motive of private firms, emphasizing it is in their commercial…

Social payments application Bundle launched its service in Nigeria after incubation by leading cryptocurrency exchange Binance. 323 Total views 16 Total shares Social payments application Bundle launched its service in Nigeria after incubation by leading cryptocurrency exchange Binance.According to an announcement on April 23, Bundle now allows its users to request, send and receive cash…

A Georgia state senator has reported to jail over allegedly lying about the theft of cryptocurrency mining equipment worth $300,000, The Guardian reported Dec. 27.Republican Michael Williams, who originally reported the alleged theft in May, made a false police report and gave a false statement, court documents claim.Williams had said servers with a value of…

“Overburdensome” — Eight members of Congress have expressed concern that Gary Gensler’s scrutiny of crypto firms is unfairly suffocating the industry. 422 Total views 9 Total shares In a bipartisan letter put forward by Republican Minnesota Congressman Tom Emmer, a cohort of Congress members has written to Securities and Exchange Commission (SEC) Chairman Gary Gensler,…

Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor's noteTechnology is by and large not the major barrier — though many in the industry have a decent bit of hubris about it. More important is that people, whenever their money is on the line, get…

One bank accounts for almost 62% of all crypto-asset prudential exposure, and almost two-thirds of banks holding crypto are in the Americas. 249 Total views 36 Total shares Own this piece of history Collect this article as an NFTAround 20% of banks have exposure to crypto assets, a Bank for International Settlements (BIS) report released…