Cambodia’s Bakong Digital Currency Partners with Alipay for Cross-Border Transactions

The National Bank of Cambodia (NBC) has signed a memorandum of understanding (MoU) with Alipay to provide users of its digital currency, bakong, with access to the Alipay merchant network. This partnership will enable cross-border transactions using QR codes on Alipay+. The bakong service, operated by the NBC on a blockchain, allows users to have […]

Argentina Elects Bitcoin Advocate Javier Milei as President

Argentina has elected Javier Milei as its new president, a significant victory for the staunch libertarian who is a strong supporter of Bitcoin. Milei defeated his opponent, Economy Minister Sergio Massa, with nearly 60% of the votes. This victory is notable as Massa had won the first round of elections in October. Milei’s victory has […]

Argentine Presidential Election Results: Pro-Bitcoin Candidate Javier Milei Emerges Victorious

In a surprising turn of events, Javier Milei, a pro-Bitcoin candidate, has been elected as the President of Argentina. With a vision that includes abolishing the Central Bank and adopting the US dollar, Milei has captured the attention of both voters and the crypto community. His victory has also had a positive impact on Bitcoin, […]

Argentina Elects Pro-Bitcoin President, Bitcoin Price Surges

In a historic moment for Argentina and the crypto community, the country has elected its first-ever pro-Bitcoin President. Javier Milei, a right-wing libertarian and Bitcoin advocate, secured a significant victory in the presidential election, winning almost 56% of the votes. Milei’s victory marks the beginning of a new era in Argentina, as he aims to […]

Bitcoin Advocate Javier Milei Wins Argentina’s Presidential Run-Off Election

Argentina’s presidential run-off election resulted in a victory for Javier Milei, a Bitcoin-friendly candidate. With a significant lead in the votes, Milei secured over 55% of the votes, defeating his opponent Sergio Massa. Milei’s win comes at a time when Argentina is grappling with a severe inflation crisis, with the Argentine peso experiencing a staggering […]

Argentina Elects Bitcoin Advocate Javier Milei as President, Sparking Economic Reform Discussions

Javier Milei’s victory in the Argentine presidential election has sparked discussions about the role of Bitcoin in the country’s economic reform. Milei, a strong advocate for Bitcoin and a critic of central banks, has brought optimism to the cryptocurrency market. After his win, the price of Bitcoin immediately rose by 3% to $37,302. Milei’s triumph […]

German Lawmaker Advocates for Bitcoin as Legal Tender, Opposes Digital Euro

In a groundbreaking move, German lawmaker Joana Cotar has expressed her support for recognizing Bitcoin as legal tender in Germany. Cotar, a member of the German Bundestag, has launched the “Bitcoin in the Bundestag” initiative to educate her parliamentary peers about the benefits of Bitcoin. She emphasizes its potential for financial freedom, privacy protection, and […]

Former Bithumb Chairman Faces Eight-Year Prison Sentence in Cryptocurrency Exchange Governance Scandal

Lee Jeong-hoon, the former chairman of Bithumb, a major cryptocurrency exchange in South Korea, is currently facing a legal battle that could result in an eight-year prison sentence. Prosecutors allege that Lee intended to manipulate Bithumb’s governance to benefit from exchange coins, bypassing financial regulations. They claim that Lee received payments without disclosing the decision […]

Increase in Crypto Scams Targeting Elderly Americans Spurs Legislation

United States Senator Elizabeth Warren has raised concerns about the increasing number of cryptocurrency scams targeting senior citizens. During a Senate hearing, Warren highlighted a 350% rise in crypto investment scams aimed at elderly Americans, resulting in over $1 billion in losses. Cybersecurity expert Steve Weisman supported Warren’s proposed legislation on digital assets, emphasizing the […]

Mastercard’s CBDC Partner Program Gains Momentum as Adoption Challenges Persist

Mastercard, a leading payments company, believes that customers are too comfortable with traditional forms of money to readily adopt Central Bank Digital Currencies (CBDCs). According to Ashok Venkateshwaran, a representative from Mastercard, the challenge lies in getting people to adopt CBDCs and use them as easily as they use cash today. To address this, Mastercard […]