The question remains whether the designation of bitcoin (BTC) as legal tender by El Salvador has mechanical implications for its treatment in larger economies under tax law, banking and financial regulations, and other areas, analysts at JPMorgan said in a note. El Salvador's decision to make bitcoin legal tender is an "interesting experiment" with a speculative asset that does not pass the test for being a reliable means of payment, according to Benoit Coeure, head of the Innovation Hub at the Bank for International Settlements.
Jack Dorsey has hinted that it is “only a matter of time” until the social network sees a Lightning Network integration.
Brave Software announced that they are launching a new browser-integrated content stream called Brave.
New York failed to pass a measure that would put a hold on new large-scale Bitcoin mining operations.
The recently announced Bitcoin Mining Council, has been officially launched.
KEPCO will start auditing companies it suspects of illegally using cut-price electricity to mine crypto.
Texas state-chartered banks may provide customers with virtual currency custody services, as long as they are able to manage the risks while complying with the law.
WazirX has received a show cause notice from the Enforcement Directorate for breaching the Foreign Exchange Management Act through crypto transactions worth more than Rs 2,790.74 crore.
Jesse Powell is having second thoughts about their direct listing after seeing how rival exchange Coinbase performed after their listing this past April, he told Fortune.
Copper said it has closed a USD 50m Series B funding round.
Circulor has raised USD 14m in a Series A funding round led by venture fund The Westly Group.
GIC has taken a USD 70m stake in fintech and digital asset company BC Group.
Polygon (MATIC) is partnering with the project behind decentralized exchange (DEX) on the same network, 0x (ZRX).
Boson Protocol said it has signed an unspecified "six-figure" deal to purchase a plot of land in Decentraland (MANA).
The Central Bank of Nigeria (CBN) said they might be launching their own digital currency (CBDC) pilot project by the end of 2021.
The regime of the Venezuelan President Nicolás Maduro has accused the opposition leader of providing gangland leaders with secret crypto funding.