Salvadorans haven’t yet warmed to their country’s adoption of Bitcoin as legal tender, with a recent survey finding that 92% don’t make transactions using the cryptocurrency. Just 7.5% of respondents to an Oct. 10 survey from the San Salvador University Francisco Gavidia said they used Bitcoin to make transactions, while 0.5% chose not to respond to…

Blockchain technology firm Blockstream has expanded its capital-raising efforts, securing $210 million in financing through a convertible notes round led by Fulgur Ventures. According to an Oct. 15 announcement, the debt will support Blockstream’s ongoing Bitcoin infrastructure projects, including its layer-2 strategy, mining operations and financial products development. Among Blockstream’s flagship products is the Liquid…

Global stablecoin regulation will take a crucial step forward with Europe’s upcoming regulatory framework, according to Binance, the world’s largest cryptocurrency exchange. The European Union’s Markets in Crypto-Assets Regulation (MiCA) bill is the first comprehensive regulatory framework for crypto, which could legitimize the industry for lawmakers globally. MiCA will be a “critical element” for the…