Hungary and Thailand to jointly investigate blockchain technology
Hong Kong government shifts its views on virtual assets
El Salvador and Lugano Sign an Agreement to promote Bitcoin Adoption
Key Takeaways: An adoption-based economic pact has been signed between El Salvador and Lugano, a crypto-friendly city. Increasing collaboration between El Salvador and Lugano in research and development is one of the partnership’s anticipated objectives. A memorandum of understanding (MOU)…
A new Costa Rican bill would exempt bitcoin transactions from taxes
Key Takeaways: A Costa Rican lawmaker has proposed legislation to regulate Bitcoin use. Banks would be able to offer cryptocurrency services owing to the new proposal.. Johana Obando, a congresswoman from Costa Rica, put forth the “Cryptoassets Market Law (MECA)”…
Bitcoin Mining Giant Core Scientific May File for Bankruptcy Soon
Key Takeaways: Core Scientific, one of the largest bitcoin miners, may run out of cash by the end of 2022, prompting it to declare bankruptcy. Following the news, the shares took a significant hit. One of the biggest Bitcoin miners…