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Good news for crypto adoption — Central African Republic becomes the second country to adopt Bitcoin as legal tender

The Central African Republic has become the second to legalise Bitcoin in the world. Bitcoin will …

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What 'actually' happened in the world of crypto in April?

The fourth month of the year has seen a whole lot of action from Musk on the verge of owning Twitte…

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Bitcoin & El Salvador’s big bet on crypto

El Salvador has already made crypto history by becoming the first country ever to adopt Bitcoin as …

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27% of Americans back making bitcoin legal tender in the US, a YouGov poll shows - but boomers hate the idea

Those aged 25 to 34 were the most in favor in the YouGov poll, held after El Salvador made bitcoin …

Harry Robertson   


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A third of El Salvador's population is actively using its bitcoin wallet Chivo, President Nayib Bukele says

President Nayib Bukele said there were more active users of the Chivo bitcoin wallet than of any si…

Harry Robertson   


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Bitcoin could boost El Salvador's economy by making overseas payments cheaper and boosting US business, Bank of America says

The market has been "excessively pessimistic" about El Salvador's move to adopt bitcoin as legal te…

Harry Robertson   


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The IMF is urging El Salvador not to use bitcoin as legal tender citing the 'large risks' associated with the cryptocurrency

Using bitcoin as legal tender "entails large risks for financial and market integrity, financial st…

Isabelle Lee   


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Over half of El Salvador's citizens are skeptical of the country's move to adopt bitcoin as legal tender, survey shows

54% of Salvadorans polled in a new survey viewed the country's bitcoin adoption as "not at all corr…

Emily Graffeo   


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4 mins read

Here’s why El Salvador’s President is endorsing Bitcoin as a legal tender

El Salvador, a country in Central America, stands to create history and become the first sovereign …

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1 min read

The World Bank rejects El Salvador's request for help implementing bitcoin due to the token's climate impact

The World Bank said it can't help El Salvador in its mission to make bitcoin legal tender, "given t…

Harry Robertson   


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1 min read

Protests are breaking out against El Salvador's planned bitcoin adoption, with demonstrators decrying the token's volatility and potential for corruption

In the past month, Moody's downgraded El Salvador's sovereign debt, while Fitch Ratings did the sam…

Ethan Wu   


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3 mins read

IMF warns accepting crypto as legal tender is a ‘step too far’

It also reiterated warnings that have come from many central banks around the world, on the fa…

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2 mins read

Narendra Modi's Twitter account hacked with Bitcoin post — 'India has officially adopted bitcoin as legal tender'

"The Twitter handle of PM @narendramodi was very briefly compromised. The matter was escalated t…

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El Salvador's crypto-loving president says bitcoin is going to $100,000 this year and predicts 2 more countries will adopt it as legal tender

The crypto-loving president also projected two more countries will adopt bitcoin as legal tender, t…

Isabelle Lee   


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2 mins read

El Salvador's adoption of bitcoin as legal tender poses challenges for the network, JPMorgan says

A large portion of bitcoin is held up in illiquid entities, with more than 90% not being used in tr…

Shalini Nagarajan   


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1 min read

El Salvador's bitcoin bullishness has spurred a tourism boom since the country adopted it as legal tender, top minister says

A top El Salvador minister said that tourism has jumped more than 30% since the nation's adoption o…

Phil Rosen   


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El Salvador's millennial crypto-loving president says the country's bitcoin holdings are up more than 40%

Nayib Bukele said if El Salvador sold all of the bitcoin in its coffers today, it would bank roughl…

Phil Rosen   


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Bitcoin and ether plummet 17% as broad sell-off batters crypto on the day El Salvador adopts bitcoin as legal tender

The sell-off in bitcoin and ether spilled over to popular altcoins on Tuesday, with cardano, dogeco…

Matthew Fox   


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6 mins read

Crypto FAQs answered — everything you need to know about crypto regulations, trading, taxes and CBDC in India

So far, the legality of cryptocurrencies in India have been more or less grey. The country act…

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2 mins read

El Salvador's 'stupid' decision to adopt bitcoin as legal tender could collapse the economy, economist Steve Hanke said

The economist described President Nayib Bukele and members of government who voted to pass the bitc…

Shalini Nagarajan