Panama’s National Assembly passed a bill to regulate the use and commercialization of crypto assets in the country. The bill will also make it possible for people to pay their taxes in crypto. Now, it only needs to be signed by President Laurentino Cortizo to become law. The bill, which was approved in the assembly…
Digital assets present both opportunities and challenges that the regulators have to deal with, says Raghuram G. Rajan, former governor of the Reserve Bank of India. A well-functioning financial system is a key component of any successful economy. Without efficient payments and broadly accessible financial services, people cannot engage easily in commerce, save for a…
CCTF, the largest hacker competition for blockchain hackers, is returning to Dubai in May, the UAE is emerging as a regional hub for crypto activities. The finalists of the CCTF, which purports to be the world’s largest “legal” crypto hacking competition, will compete on a yacht in the Emirati city for a $15,000 prize. The…
Goldman Sachs offered its first-ever lending facility backed by Bitcoin, a significant step for a major U.S. bank that shows an increased interest in crypto from traditional financial institutions. It allows crypto owners to receive fiat by using their crypto assets as collateral, which is the first case for Wall Street banks. According to Bloomberg,…
Central African Republic has adopted Bitcoin as an official currency, President Touadera said on Wednesday, becoming the first country in Africa and only the second in the world to do so. He also said the African nation is moving forward with broad crypto adoption plans. The President of the Central African Republic (CAR), Faustin Archange…
What does it take for a technology to really break through? – asks Dan Jeffries, an author, futurist, systems architect, and thinker, speaking on CoinDesk’s Payments Week. How does it go from something only a few people use to something everyone uses without even thinking about it? For over a decade people have wondered whether…