With Elon Musk’s acquisition of Twitter, many social media users are getting ready to leave the platform. Jack Dorsey is one step closer to giving them an online haven. Twitter co-founder and former CEO Dorsey, 45, stated that his decentralized…
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Costa Rican Lawmaker Proposes Legislation to Control And Recognize Cryptocurrency
The “Cryptoassets Market Law (MECA)” bill, put up by Costa Rican congresswoman Johana Obando, seeks to regulate and legalize cryptocurrencies in the Central American nation. Congressmen Luis Diego Vargas and Jorge Dengo seconded her and stressed the need for the…
Vitalik Buterin Says Crypto Better Than Gold
Ethereum (ETH) co-founder Vitalik Buterin believes that crypto is a better asset to hold than gold, adding that it already has more adoption than a physical asset. Buterin made the comment in response to Zach Weinersmith’s remark that gold is…
UK Legislators Approve the Recognition Of Cryptos As Regulated Financial Instruments
On October 25, the British Parliament’s Chamber of Commons, which is the lower house, authorized the designation of crypto assets as regulated financial instruments. The proposed measure will include stablecoins in the current legal framework for assets with a payments-focused…
Dogecoin Rallies Ahead Of Musk Twitter Takeover
The popular meme coin Dogecoin [DOGE] experienced a large rally over the past 24 hours as the entire market corrected. The price of the Elon Musk-backed cryptocurrency has since risen on news that Elon Musk will finalize his takeover of…
Remittance Behemoth Western Union Plans to Enter the Crypto Market
According to trademark lawyer Mike Kondoudis, remittance behemoth Western Union, based in Denver, Colorado, has submitted many crypto-related trademark applications to the U.S. Patent and Trademark Office. Western Union May Launch Crypto Token According to the company’s trademark registrations, it…
ARK’s Cathie Wood Bought Bitcoin At $250 Years Ago, Currently Sitting On $7.6M Profit
Cathie Wood recently disclosed that she bought $100,000 worth of Bitcoin (BTC) when the price was approximately $250 years ago. The popular cryptocurrency’s quoted unit price indicates that Wood probably made the transaction in 2015. The CEO of ARK Investments…
Christiano Ronaldo’s Homeland Of Madeira Launches Bitcoin Trial
Madeira’s President Miguel Albuquerque was invited by Jan3 CEO Samson Mow to the platform at Bitcoin Miami 2022 to make the announcement that the Madeiran archipelago had accepted Bitcoin (BTC). Madeira Cannot Legally Adopt Bitcoin The president had announced that…