Tag: Bitcoin

The World Bank has declined to help El Salvador with the integration of Bitcoin into its currency system highlighting concerns around the environment and transparency.

Switzerland-based Relai has raised CHF 2.5m ($2.7m) in its Series A round, which will help it expand in Europe.

The government of El Salvador has passed a bill that will see Bitcoin join the US dollar as legal tender in the country.

Real-time global payments system Bottlepay has rolled out its payments app across Europe.

Bitcoin-focused financial services platform Unchained Capital has closed its Series A round on $25m.

Cryptocurrencies.AI, a crypto trading platform, has reportedly netted $8m in a funding round.

While the value of cryptocurrencies continued to grow astronomically, it came crashing down to earth after Tesla’s sudden u-turn from using bitcoin as payment. However, experts think this will hardly undermine its potential as mainstream investments and payment means.

Three Chinese associations have called for a complete ban on financial institutions and payment firms providing cryptocurrency services to customers.

The Bank of Israel has opened a public consultation on the potential issuance of a digital shekel.

UK-based FinTech Revolut has introduced new features for users which enable them to transfer funds from Bitcoin holdings to their own digital wallets.