Cryptocurrency in the South American nation of Paraguay could be facing new rules in the new year. The measure was approved by Paraguay’s Chamber of Senators last summer. Under the legislation, virtual assets are defined, and a license would be required to mine cryptocurrencies. It...
Idaho Central Credit Union, the biggest credit union in the state, will offer bitcoin services, a report from Bitcoin Magazine says. This will allow clients to buy, sell and hold BTC within their accounts. The feature was made possible from a partnership between the credit...
TeraWulf, which has seen investments from Gwyneth Paltrow, has seen falling shares during its public Nasdaq debut on Tuesday (Dec. 14), Bloomberg reported. TeraWulf’s objective is to offer more environmentally-conscious ways to process crypto transactions. The firm went public after a merger with Ikonics, an...
Bitcoin has seen its price fall again, down over 20% from its high, with this being potentially the fourth straight week of declines, Yahoo Finance writes. There have been crypto analysts looking at the risks, including that selling in a highly leveraged asset like bitcoin...
Bitcoin and other cryptocurrency prices continued seesawing on Sunday (Dec. 5), with overall values near all-time lows and the world’s most popular eCurrency — bitcoin — holding below $50,000. After an all-time high of $68,990.90 on Nov. 10, prices hovered below $60,000 and stayed there,...
Bitcoin lost over 17 percent overnight from Friday (Dec. 3) to Saturday morning, plunging to a low near $42,000 and inching back to $49,000 around midday EST. The decline was even more dramatic for some offshore platforms, where bitcoin dipped as low as $28,800. The...
Sweden’s financial and environmental regulators have called on the European Union to pull the plug on proof-of-work bitcoin mining due to the negative impact on the environment, according to multiple reports. Erik Thedéen, director general of the Financial Services Authority of Sweden, and Bjorn Risinger,...
U.S. digital payment company Square has debuted plans for a decentralized bitcoin exchange, tbDEX, according to an 18-page white paper by the company. The paper says tbDEX is a protocol “for discovering liquidity and exchanging assets (such as bitcoin, fiat money, or real-world goods) when...
El Salvador is delving further into bitcoin and plans to issue sovereign bitcoin bonds, Bloomberg reported. The country, which has already made bitcoin a legal tender, will issue $1 billion in tokenized U.S.-dollar denominated 10-year bonds to pay 6.5% through the Liquid Network, according to...
