Bitcoin As Legal Tender, Market Crashes! El-Salvador Overcomes Odds

Bitcoin is now a legal tender in El-Salvador starting from yesterday the 7th of September 2021. Unfortunately, the BTC price crashed the market on first day. Consequently, a lot of speculations regarding the adoption of BTC have been doing rounds. However, El-Salvador is gliding through the odds, by buying the dip. The Central American country now holds 550 BTC’s. The […]

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Indian Government May Define Crypto As A Commodity Through New Law

Regulatory clarity may soon arrive for cryptocurrencies in India, the second-most populous country in the world, as the country plans to introduce a new law that will regard cryptocurrencies as commodities for taxation purposes. According to local news outlet Albawaba, the South Asian country’s government has proposed draft legislation that tries to define cryptocurrencies as commodities. Rather than going the […]

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Former Reserve Bank official pushes for India to accept crypto

The former Deputy Governor of the Reserve Bank of India (RBI) has spoken out about the nation’s financial and crypto ecosystem and stated that digital assets need to be accepted. Speaking at the inaugural HODL ’21 virtual conference organized by the Blockchain and Crypto Assets Council (BACC) of the Internet and Mobile Association of India (IAMAI) on Sept. 7, Rama […]

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Kurt's personal blog: Dalé Miami!

Bitcoin Association was wise to do a one day event in Miami this past week. Elegantly called the “BSV Blockchain Conference,” things got spicy at the SLS Brickell right from the get-go. Jimmy Nguyen was his usual “always on” self; full of vigor as he kicked off the morning by giving the 30,000-foot view of the BSV economy from the […]

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El Salvador buys the dip as Bitcoin price flash crashes to $42.9K

Bitcoin (BTC) holders took profits on Tuesday, just as El Salvador moved to recognize the digital currency as legal tender in a landmark move that could have significant implications for global adoption.  After hitting local highs north of $52,800 on Monday, Bitcoin’s price plunged all the way to $42,900 in Tuesday trading, according to Cointelegraph Markets Pro. Peak to trough, […]

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Taiwan police arrest 14 suspects for scamming over 100 crypto investors

Taiwan’s police administration has reportedly arrested 14 people for running a $5.41-million (150 million New Taiwan dollars) investment scam over the past year, involving more than 100 cryptocurrency investors. CIB investigator Kuo Yu-chih said that the scam was led by a local businessman named Chen, who ran the operation on social media platforms. Chen was also reportedly running Azure Crypto […]

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