Bitcoin entrepreneur Samson Mow has launched a new company called JAN3, reportedly raising $21M in funding at a $100M valuation.
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Category: El Salvador
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Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin
On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during the last 24 hours. LFG Buys the […]Powered by WPeMatico
Tourism Minister of El Salvador Reiterates Effect Bitcoin Has Had on the Sector
Morena Valdez, the tourism minister of El Salvador, has spoken on the recovery the tourism sector of the country has reportedly experienced even after the Covid-19 pandemic. According to Valdez’s statements, tourism has greatly benefited from the introduction of bitcoin as legal tender in the country, and from the foreigners that come to the country […]Powered by WPeMatico
US lawmakers introduce companion bill to ‘mitigate risks’ from El Salvador’s Bitcoin Law
“The United States must have a plan in place to protect our financial systems from the risks of [El Salvador’s decision,” said Representative Norma Torres.
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Luna Foundation Bitcoin Wallet Nears Tesla’s Stash, BTC Address Is the 29th Largest Wallet Today
On March 26, the Luna Foundation Guard (LFG) held 24,954.95 bitcoin and during the last five days, LFG’s bitcoin wallet accumulated 5,773.02 bitcoin. At the time of writing, LFG’s wallet now holds 30,727.97 bitcoin worth more than $1.4 billion using today’s exchange rates. In a relatively short period of time, LFG’s bitcoin wallet is up […]Powered by WPeMatico
Crypto Biz: Do you believe in Ethereum killers? Put your money where your mouth is, March 18–24
Grayscale Investments is giving accredited investors an easy path to investing in alternative smart contract platforms, including Cardano and Solana.
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US Senate Committee Advances Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal Tender
The Senate bill to mitigate the risks from El Salvador adopting bitcoin as legal tender has advanced in the U.S. “As El Salvador has adopted bitcoin as legal tender, it’s critical we mitigate risks to our financial system,” said one of the U.S. lawmakers who introduced the bill. Bill to Mitigate Risks From Bitcoin Being […]Powered by WPeMatico
President Bukele hits out at Bitcoin Bond ‘FUD’ as CZ jets in to El Salvador
El Salvador’s President Nayib Bukele publicly called out Reuters for spreading “FUD” about delays in the country’s $1 billion ‘volcano bond.’
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‘US Government does not stand for freedom’: Bukele reacts to US bill passing Senate committee
The bill would direct federal agencies to scrutinize how El Salvador implements its Bitcoin law.
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Malaysian deputy finance minister responds to proposal to legalize Bitcoin
Similar to countries like Indonesia, Malaysia has not banned crypto trading but the government doesn’t want to adopt crypto for payments.
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