Panama Follows El Salvador as it Plans to Adopt Bitcoin and other crypto like XDC Network …

It is crucial for Panama because it aims to provide legal stability to crypto-assets, says Gabriel Silva, a congressman and one of the law’s advocates. The second goal of the law, according to him, is to grow the crypto business and bring in investment that creates jobs. XDC Network is a decentralized and hybrid blockchain […]

Did The Central African Republic Adopt Bitcoin As Legal Tender? Here’s The 411 | Bitcoinist.com

It said an African country had followed El Salvador’s footsteps and adopted BTC as a currency within its borders. What’s the real story, then? On April 21st, the Central African Republic’s National Assembly unanimously approved the “Bill Governing Cryptocurrency.” That much is true. The Forbes logo threw everyone off. He was the first one to […]

The New China: Is New York Actually Going To Ban Proof-Of-Work Mining? | Bitcoinist.com

Or at least making it very hard for mining facilities and home miners to operate from the state. The New York State Assembly will soon vote on a bill that will “create a moratorium on proof-of-work mining operations unless 100% of their energy comes from renewable sources.” That’s according to the Bitcoin Advocacy Project, one […]

Will Austria Get 12 Bitcoin ATMs Soon? | Bitcoinist.com

Media Markt, a chain of electronic retailers has decided to launch Bitcoin ATMs in Austria. With increased client interest, crypto ATMs would be a great way to exchange fiat currencies with cryptocurrencies in a hassle-free way. Bitcoin vending machines have been installed in MediaMarkt stores across the country. The digital assets included prominent currencies such […]

EU And Sweden Discussed Banning Bitcoin Proof Of Work: FOI Documents | Bitcoinist.com

Cryptocurrency mining relies heavily on proof of work, both to verify transactions and to create new tokens. Between April and August 2021, energy usage associated with crypto mining surged “several hundredfold” in Sweden. When not on his computer, he unwinds with a cold bottle of beer and laughs with his son over cartoons. …Read the […]

Bitcoin Lightning Better For Payments, Morgan Stanley Says – Bitcoinist

Alex Gladstein, Chief Strategy Officer , summarized the report via his Twitter account. As Morgan Stanley said, according to Gladstein, one in six PoS is powered by NCR which makes that announcement more significant. The VISA and Mastercard power PoS and Strike’s alternative, the banking institution noted, operate similarly proving users with “real-time settlement” for […]

I Went To The 1st-Ever “Bitcoin Night” In Buenos Aires. Here’s What I Found | Bitcoinist.com

I knew they were out there, but, where? I visited “Espacio Bitcoin,” a cultural center and co-working space in which some crypto-related projects have their offices. As far as I could see, they were promoting webinars and other online events, and I spend too much time in front of a screen already. I immediately recognized […]

Russia To Legalize Crypto Payments, But Proposal Causes Internal Concerns – Bitcoinist

Among these aspects is the classification of digital currency, the legal framework for its issuance and legal circulation in Russia, certifications, trading, and more. In that sense, if a crypto exchange wanted to offer its services in Russia, operating from the ground, it will need to complete this process and get a license from an […]