The emerging markets are hurry to embracing opportunities of the digital economy. After El Salvador becoming the first country has given a legal tender status to Bitcoin, a number of countries want to follow, writes Paul Opoku for Bitcoin Magazine. Latin American neighbors to El Salvador, such as Panama, Argentina, and Paraguay, have started a…
U.S. Congressman Bill Foster has suggested that laws must allow federal courts to identify digital-asset holders and reverse blockchain transactions in Bitcoin and other digital currencies. But it’s doubtful that many crypto investors would like that policy. Speaking at a virtual event hosted by Axios on June 29, Bill Foster, U.S. congressman and Democratic Rep…
China has moved deliberately to secure the first-mover advantage in what it believes is the future of the internet. If the digital yuan is Beijing’s tender for the digital frontier, its blockchain initiative is its bid to build the railroads. In the first installment of a three-part series produced with support from the Judith Neilson…
Over the last decade, cryptocurrencies have embraced the wider market. As Bitcoin (BTC) tends to be the most popular currency in the crypto world, Dogecoin (DOGE), the so-called ‘meme-coin,’ has delivered one of the highest returns. Within just six months between November and May, Dogecoin has shown a 27,000% return! Too bad, but the Dogecoin…
Decentralized finance (DeFi) is considered the next big opportunity among blockchain technologies. But money is fleeing the sector amid a cryptocurrency market decline and fears of regulatory scrutiny. Recently, red flags are starting to appear more often in the DeFi sector, one of the most profitable and volatile fields of the crypto world this year….
The Palestinian Monetary Authority is researching the possibility of issuance of its own digital currency, which would provide a symbolic move to monetary independence from Israel. PMA plans to use European funds to boost the private sector, but experts are skeptical about this new adventure. This step would include Palestine on the list of other…