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Recent news
SEC postpones decision on VanEck Bitcoin ETF by another 45 days
Just short after the US Securities and Exchange Commission snubbed Bitcoin in its Regulatory Agenda 2021, the regulator further delayed their decision on the VanEck Bitcoin ETF application. The first U.S. Bitcoin ETF seems to be taking the backseat for now. The SEC has a history of delaying any decision regarding Bitcoin ETFs. The regulatory […]
Facebook’s Diem on offer with pre-sale discount
Facebook’s own stable coin is started to move forward as Diem announced offering a pre-sale discount for early investors: “You can participate in the birth of diem and be one of the first buyers. Buy diem Coins now with cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash.” Initially kicked off by Facebook as Libra in June 2019, the platform’s initial plans […]
World Bank refuses to assist El Salvador in Bitcoin transition
After El Salvador adopted Bitcoin as legal tender, The World Bank has refused the country’s request for help on its transition. The World Bank brings up issues with Bitcoin’s environmental impact and transparency and therefore will not aide El Salvador in its adoption of Bitcoin as an official currency in the country. A World Bank […]